| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | — | $5.3B | — | -5.6% |
| Op. Income | $1.0B | — | $62M | — | 1595.6% |
| Gross Margin | 70.3% | — | 64.6% | — | 5.7pp |
| Net Margin | 10.3% | — | -2.4% | — | 12.7pp |
| EPS (Diluted) | $0.17 | — | $-0.04 | — | 498.6% |
| Free Cash Flow | $660M | — | $487M | — | 35.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $669M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $547M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $123M |
| Interest Expense | $293M |
| Other Income/Expenses | -$232M |
| INCOME BEFORE TAX | $816M |
| Income Tax Expense | $299M |
| Net Income from Continuing Ops | $517M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $517M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $517M |
| D&A | $887M |
| EBIT | $1.1B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $669M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $547M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $123M |
| Interest Expense | $293M |
| Other Income/Expenses | -$232M |
| INCOME BEFORE TAX | $816M |
| Income Tax Expense | $299M |
| Net Income from Continuing Ops | $517M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $517M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $517M |
| D&A | $887M |
| EBIT | $1.1B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $517M |
| Depreciation & Amortization | $887M |
| Stock-Based Compensation | $63M |
| Deferred Income Tax | $299M |
| Other Non-Cash Items | -$532M |
| Change in Working Capital | -$321M |
| OPERATING CASH FLOW | $914M |
| Capital Expenditure | -$254M |
| Acquisitions (Net) | -$105M |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $278M |
| Other Investing Activities | $107M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$170M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$834M |
| Other Financing Activities | -$190M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $660M |
| Net Change in Cash | -$300M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $70M |
| Net Receivables | $5.1B |
| Inventory | $4.8B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $15.5B |
| PP&E (Net) | $8.6B |
| Goodwill | $25.0B |
| Intangible Assets | $25.3B |
| Long-Term Investments | $2.1B |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $645M |
| TOTAL NON-CURRENT ASSETS | $63.5B |
| TOTAL ASSETS | $79.0B |
| Account Payables | $1.8B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $12.7B |
| Long-Term Debt | $28.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.3B |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $36.9B |
| TOTAL LIABILITIES | $49.6B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $10.4B |
| Retained Earnings | $8.3B |
| Treasury Stock | -$380M |
| Accum. Other Comp. Income | $550M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.4B |
| Minority Interest | $25M |
| TOTAL EQUITY | $29.4B |
| TOTAL LIABILITIES & EQUITY | $79.0B |
| Total Debt | $31.8B |
| Net Debt | $28.1B |
