| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45.0B | $44.8B | $39.0B | 0.3% | 15.3% |
| Op. Income | $7.8B | $7.3B | $6.7B | 6.9% | 17.0% |
| Gross Margin | 38.6% | 37.7% | 38.9% | 0.9pp | -0.3pp |
| Net Margin | 8.3% | 9.1% | 13.2% | -0.9pp | -4.9pp |
| EPS (Diluted) | $0.51 | $0.56 | $0.81 | -8.9% | -37.0% |
| Free Cash Flow | $8.9B | $5.9B | $5.2B | 49.4% | 69.6% |
| Item | Amount |
|---|---|
| REVENUE | $45.0B |
| Cost of Revenue | $27.6B |
| GROSS PROFIT | $17.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.5B |
| Other Expenses | $0 |
| Operating Expenses | $9.5B |
| Cost & Expenses | $37.1B |
| OPERATING INCOME | $7.8B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$2.8B |
| INCOME BEFORE TAX | $5.1B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $7.1B |
| EBIT | $7.2B |
| EBITDA | $14.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $45.0B |
| Cost of Revenue | $27.6B |
| GROSS PROFIT | $17.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.5B |
| Other Expenses | $0 |
| Operating Expenses | $9.5B |
| Cost & Expenses | $37.1B |
| OPERATING INCOME | $7.8B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$2.8B |
| INCOME BEFORE TAX | $5.1B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $7.1B |
| EBIT | $7.2B |
| EBITDA | $14.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $7.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $327M |
| Other Non-Cash Items | $3.5B |
| Change in Working Capital | -$383M |
| OPERATING CASH FLOW | $14.3B |
| Capital Expenditure | -$5.4B |
| Acquisitions (Net) | $3.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $346M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | -$5.3B |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | -$10.4B |
| FREE CASH FLOW | $8.9B |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.4B |
| Short-Term Investments | $0 |
| Net Receivables | $22.4B |
| Inventory | $0 |
| Other Current Assets | $15.0B |
| TOTAL CURRENT ASSETS | $47.2B |
| PP&E (Net) | $154.7B |
| Goodwill | $146.7B |
| Intangible Assets | $160.8B |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $33.4B |
| TOTAL NON-CURRENT ASSETS | $499.7B |
| TOTAL ASSETS | $546.9B |
| Account Payables | $42.1B |
| Short-Term Debt | $12.8B |
| Deferred Revenue | $5.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $66.4B |
| Long-Term Debt | $157.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58.7B |
| Other Non-Current Liabilities | $49.4B |
| TOTAL NON-CURRENT LIABILITIES | $286.5B |
| TOTAL LIABILITIES | $352.8B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $125.1B |
| Retained Earnings | $59.4B |
| Treasury Stock | -$11.2B |
| Accum. Other Comp. Income | $3.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $184.3B |
| Minority Interest | $9.8B |
| TOTAL EQUITY | $194.1B |
| TOTAL LIABILITIES & EQUITY | $546.9B |
| Total Debt | $191.1B |
| Net Debt | $182.7B |
