| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42.3B | $41.0B | $44.6B | 3.4% | -5.0% |
| Op. Income | $6.2B | $6.1B | $8.1B | 3.1% | -22.8% |
| Gross Margin | 36.5% | 38.3% | 39.2% | -1.8pp | -2.7pp |
| Net Margin | 6.7% | 3.1% | 8.3% | 3.5pp | -1.6pp |
| EPS (Diluted) | $0.39 | $0.17 | $0.50 | 129.4% | -22.0% |
| Free Cash Flow | $8.2B | $7.6B | $6.2B | 7.7% | 31.4% |
| Item | Amount |
|---|---|
| REVENUE | $42.3B |
| Cost of Revenue | $26.9B |
| GROSS PROFIT | $15.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.2B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $36.1B |
| OPERATING INCOME | $6.2B |
| Interest Income | $0 |
| Interest Expense | $2.0B |
| Other Income/Expenses | -$2.3B |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $766M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $7.0B |
| EBIT | $5.9B |
| EBITDA | $12.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42.3B |
| Cost of Revenue | $26.9B |
| GROSS PROFIT | $15.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.2B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $36.1B |
| OPERATING INCOME | $6.2B |
| Interest Income | $0 |
| Interest Expense | $2.0B |
| Other Income/Expenses | -$2.3B |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $766M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $7.0B |
| EBIT | $5.9B |
| EBITDA | $12.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $7.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.6B |
| Other Non-Cash Items | $2.7B |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | $12.1B |
| Capital Expenditure | -$3.9B |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $457M |
| NET CASH FROM INVESTING | -$3.4B |
| Net Debt Issuance | -$11.2B |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | -$884M |
| NET CASH FROM FINANCING | -$15.9B |
| FREE CASH FLOW | $8.2B |
| Net Change in Cash | -$7.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.8B |
| Short-Term Investments | $0 |
| Net Receivables | $19.4B |
| Inventory | $0 |
| Other Current Assets | $19.4B |
| TOTAL CURRENT ASSETS | $50.0B |
| PP&E (Net) | $153.3B |
| Goodwill | $143.7B |
| Intangible Assets | $153.7B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $35.6B |
| TOTAL NON-CURRENT ASSETS | $488.6B |
| TOTAL ASSETS | $538.6B |
| Account Payables | $42.7B |
| Short-Term Debt | $5.7B |
| Deferred Revenue | $5.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $59.6B |
| Long-Term Debt | $151.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $60.4B |
| Other Non-Current Liabilities | $48.4B |
| TOTAL NON-CURRENT LIABILITIES | $283.9B |
| TOTAL LIABILITIES | $343.5B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $130.1B |
| Retained Earnings | $55.1B |
| Treasury Stock | -$17.9B |
| Accum. Other Comp. Income | $649M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $175.6B |
| Minority Interest | $19.5B |
| TOTAL EQUITY | $195.1B |
| TOTAL LIABILITIES & EQUITY | $538.6B |
| Total Debt | $180.9B |
| Net Debt | $171.2B |
