| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44.6B | $45.0B | — | -0.8% | — |
| Op. Income | $8.1B | $7.8B | — | 3.1% | — |
| Gross Margin | 39.2% | 38.6% | — | 0.6pp | — |
| Net Margin | 8.3% | 8.3% | — | 0.0pp | — |
| EPS (Diluted) | $0.50 | $0.51 | — | -2.0% | — |
| Free Cash Flow | $6.2B | $8.9B | — | -29.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $44.6B |
| Cost of Revenue | $27.1B |
| GROSS PROFIT | $17.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.4B |
| Other Expenses | $0 |
| Operating Expenses | $9.4B |
| Cost & Expenses | $36.5B |
| OPERATING INCOME | $8.1B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$3.2B |
| INCOME BEFORE TAX | $4.9B |
| Income Tax Expense | $937M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $6.9B |
| EBIT | $7.0B |
| EBITDA | $13.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $44.6B |
| Cost of Revenue | $27.1B |
| GROSS PROFIT | $17.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.4B |
| Other Expenses | $0 |
| Operating Expenses | $9.4B |
| Cost & Expenses | $36.5B |
| OPERATING INCOME | $8.1B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$3.2B |
| INCOME BEFORE TAX | $4.9B |
| Income Tax Expense | $937M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $6.9B |
| EBIT | $7.0B |
| EBITDA | $13.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $6.9B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $4.1B |
| Change in Working Capital | -$3.3B |
| OPERATING CASH FLOW | $11.4B |
| Capital Expenditure | -$5.1B |
| Acquisitions (Net) | -$641M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $79M |
| NET CASH FROM INVESTING | -$5.7B |
| Net Debt Issuance | -$4.0B |
| Common Stock Repurchased | -$169M |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | $221M |
| NET CASH FROM FINANCING | -$7.6B |
| FREE CASH FLOW | $6.2B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $0 |
| Net Receivables | $22.9B |
| Inventory | $0 |
| Other Current Assets | $19.7B |
| TOTAL CURRENT ASSETS | $50.7B |
| PP&E (Net) | $155.8B |
| Goodwill | $146.1B |
| Intangible Assets | $157.7B |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.3B |
| TOTAL NON-CURRENT ASSETS | $498.1B |
| TOTAL ASSETS | $548.8B |
| Account Payables | $44.0B |
| Short-Term Debt | $11.6B |
| Deferred Revenue | $6.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $68.1B |
| Long-Term Debt | $153.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57.8B |
| Other Non-Current Liabilities | $52.7B |
| TOTAL NON-CURRENT LIABILITIES | $286.3B |
| TOTAL LIABILITIES | $354.5B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $125.1B |
| Retained Earnings | $59.3B |
| Treasury Stock | -$11.2B |
| Accum. Other Comp. Income | $2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $183.0B |
| Minority Interest | $11.3B |
| TOTAL EQUITY | $194.3B |
| TOTAL LIABILITIES & EQUITY | $548.8B |
| Total Debt | $187.5B |
| Net Debt | $180.9B |
