| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $6.2B | $6.8B | 14.0% | 3.8% |
| Op. Income | $1.2B | $1.2B | $1.1B | 1.9% | 12.7% |
| Gross Margin | 68.6% | 68.5% | 69.0% | 0.0pp | -0.4pp |
| Net Margin | 12.0% | 13.5% | 11.6% | -1.5pp | 0.4pp |
| EPS (Diluted) | $0.70 | $0.69 | $0.65 | 1.7% | 7.1% |
| Free Cash Flow | $19M | $2.5B | $378M | -99.3% | -95.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $2.1B |
| General & Administrative | $371M |
| SG&A Expenses | $2.5B |
| Other Expenses | $8M |
| Operating Expenses | $3.6B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $1.2B |
| Interest Income | $166M |
| Interest Expense | $89M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $361M |
| Net Income from Continuing Ops | $842M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $841M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $841M |
| D&A | $388M |
| EBIT | $1.3B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $2.1B |
| General & Administrative | $371M |
| SG&A Expenses | $2.5B |
| Other Expenses | $8M |
| Operating Expenses | $3.6B |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $1.2B |
| Interest Income | $166M |
| Interest Expense | $89M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $361M |
| Net Income from Continuing Ops | $842M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $841M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $841M |
| D&A | $388M |
| EBIT | $1.3B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $842M |
| Depreciation & Amortization | $388M |
| Stock-Based Compensation | $492M |
| Deferred Income Tax | $361M |
| Other Non-Cash Items | -$634M |
| Change in Working Capital | -$482M |
| OPERATING CASH FLOW | $476M |
| Capital Expenditure | -$457M |
| Acquisitions (Net) | -$2.3B |
| Purchases of Investments | -$173M |
| Sales/Maturities of Investments | $748M |
| Other Investing Activities | -$436M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | -$152M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.3B |
| Short-Term Investments | $463M |
| Net Receivables | $6.5B |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $3.8B |
| Goodwill | $27.3B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $1.6B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $39.8B |
| TOTAL ASSETS | $53.2B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $5.7B |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $13.4B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $61M |
| Deferred Tax Liabilities | $338M |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $9.6B |
| TOTAL LIABILITIES | $22.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $635M |
| Retained Earnings | $28.9B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30.2B |
| Minority Interest | $51M |
| TOTAL EQUITY | $30.2B |
| TOTAL LIABILITIES & EQUITY | $53.2B |
| Total Debt | $9.0B |
| Net Debt | $3.7B |
