| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41.0B | $42.8B | $45.0B | -4.3% | -8.9% |
| Op. Income | $6.1B | $7.7B | $7.8B | -20.9% | -22.7% |
| Gross Margin | 38.3% | 38.0% | 38.6% | 0.2pp | -0.3pp |
| Net Margin | 3.1% | 10.8% | 8.3% | -7.6pp | -5.1pp |
| EPS (Diluted) | $0.17 | $0.63 | $0.51 | -73.0% | -66.7% |
| Free Cash Flow | $7.6B | $3.9B | $8.9B | 94.1% | -14.0% |
| Item | Amount |
|---|---|
| REVENUE | $41.0B |
| Cost of Revenue | $25.3B |
| GROSS PROFIT | $15.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.6B |
| Other Expenses | $0 |
| Operating Expenses | $9.6B |
| Cost & Expenses | $34.9B |
| OPERATING INCOME | $6.1B |
| Interest Income | $0 |
| Interest Expense | $2.0B |
| Other Income/Expenses | -$3.6B |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $935M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $7.3B |
| EBIT | $4.5B |
| EBITDA | $11.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41.0B |
| Cost of Revenue | $25.3B |
| GROSS PROFIT | $15.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.6B |
| Other Expenses | $0 |
| Operating Expenses | $9.6B |
| Cost & Expenses | $34.9B |
| OPERATING INCOME | $6.1B |
| Interest Income | $0 |
| Interest Expense | $2.0B |
| Other Income/Expenses | -$3.6B |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $935M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $7.3B |
| EBIT | $4.5B |
| EBITDA | $11.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $7.3B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $394M |
| Other Non-Cash Items | $4.1B |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $12.1B |
| Capital Expenditure | -$4.4B |
| Acquisitions (Net) | -$843M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$5.3B |
| Net Debt Issuance | $3.7B |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | $244M |
| NET CASH FROM FINANCING | $188M |
| FREE CASH FLOW | $7.6B |
| Net Change in Cash | $7.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.9B |
| Short-Term Investments | $0 |
| Net Receivables | $19.1B |
| Inventory | $0 |
| Other Current Assets | $19.0B |
| TOTAL CURRENT ASSETS | $56.6B |
| PP&E (Net) | $153.6B |
| Goodwill | $143.7B |
| Intangible Assets | $155.7B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $36.1B |
| TOTAL NON-CURRENT ASSETS | $491.3B |
| TOTAL ASSETS | $547.9B |
| Account Payables | $41.9B |
| Short-Term Debt | $15.6B |
| Deferred Revenue | $5.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $69.5B |
| Long-Term Debt | $153.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58.4B |
| Other Non-Current Liabilities | $51.0B |
| TOTAL NON-CURRENT LIABILITIES | $285.0B |
| TOTAL LIABILITIES | $354.4B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $130.0B |
| Retained Earnings | $56.0B |
| Treasury Stock | -$17.9B |
| Accum. Other Comp. Income | $129M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $175.9B |
| Minority Interest | $17.6B |
| TOTAL EQUITY | $193.5B |
| TOTAL LIABILITIES & EQUITY | $547.9B |
| Total Debt | $191.2B |
| Net Debt | $174.3B |
