| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46.8B | $44.6B | $48.0B | 5.0% | -2.4% |
| Op. Income | $7.1B | $8.1B | $6.7B | -11.8% | 6.5% |
| Gross Margin | 36.7% | 39.2% | 35.1% | -2.5pp | 1.6pp |
| Net Margin | 5.1% | 8.3% | 10.1% | -3.2pp | -5.0pp |
| EPS (Diluted) | $0.33 | $0.50 | $0.66 | -34.0% | -50.0% |
| Free Cash Flow | $8.2B | $6.2B | $8.0B | 31.1% | 2.2% |
| Item | Amount |
|---|---|
| REVENUE | $46.8B |
| Cost of Revenue | $29.7B |
| GROSS PROFIT | $17.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10.1B |
| Other Expenses | $0 |
| Operating Expenses | $10.1B |
| Cost & Expenses | $39.8B |
| OPERATING INCOME | $7.1B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$4.0B |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $434M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $7.0B |
| EBIT | $5.2B |
| EBITDA | $12.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46.8B |
| Cost of Revenue | $29.7B |
| GROSS PROFIT | $17.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10.1B |
| Other Expenses | $0 |
| Operating Expenses | $10.1B |
| Cost & Expenses | $39.8B |
| OPERATING INCOME | $7.1B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$4.0B |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $434M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $7.0B |
| EBIT | $5.2B |
| EBITDA | $12.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $7.0B |
| Stock-Based Compensation | $819M |
| Deferred Income Tax | $767M |
| Other Non-Cash Items | $5.2B |
| Change in Working Capital | -$4.2B |
| OPERATING CASH FLOW | $11.9B |
| Capital Expenditure | -$3.8B |
| Acquisitions (Net) | $192M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$128M |
| NET CASH FROM INVESTING | -$3.7B |
| Net Debt Issuance | -$4.1B |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | -$491M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $8.2B |
| Net Change in Cash | $5.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.1B |
| Short-Term Investments | $0 |
| Net Receivables | $22.6B |
| Inventory | $0 |
| Other Current Assets | $18.4B |
| TOTAL CURRENT ASSETS | $54.8B |
| PP&E (Net) | $154.2B |
| Goodwill | $146.2B |
| Intangible Assets | $157.6B |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $35.2B |
| TOTAL NON-CURRENT ASSETS | $496.9B |
| TOTAL ASSETS | $551.7B |
| Account Payables | $29.6B |
| Short-Term Debt | $11.7B |
| Deferred Revenue | $6.1B |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $68.9B |
| Long-Term Debt | $149.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59.5B |
| Other Non-Current Liabilities | $48.2B |
| TOTAL NON-CURRENT LIABILITIES | $280.8B |
| TOTAL LIABILITIES | $349.7B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $126.3B |
| Retained Earnings | $57.9B |
| Treasury Stock | -$13.1B |
| Accum. Other Comp. Income | $5.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $184.2B |
| Minority Interest | $17.7B |
| TOTAL EQUITY | $201.9B |
| TOTAL LIABILITIES & EQUITY | $551.7B |
| Total Debt | $185.0B |
| Net Debt | $172.8B |
