| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.3B | $2.7B | -4.5% | 88.3% |
| Op. Income | $253M | $62M | $458M | 309.9% | -44.7% |
| Gross Margin | 66.5% | 64.6% | 74.3% | 1.9pp | -7.8pp |
| Net Margin | 6.6% | -2.4% | 11.2% | 9.1pp | -4.6pp |
| EPS (Diluted) | $0.14 | $-0.04 | $0.19 | 428.0% | -29.5% |
| Free Cash Flow | $1.2B | $487M | $340M | 140.1% | 244.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $711M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $1.0B |
| Operating Expenses | $3.1B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $253M |
| Interest Income | $55M |
| Interest Expense | $333M |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$353M |
| Net Income from Continuing Ops | $425M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $337M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $424M |
| D&A | $1.0B |
| EBIT | $318M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $338M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | -$353M |
| Other Non-Cash Items | $70M |
| Change in Working Capital | $229M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$210M |
| Acquisitions (Net) | $2.4B |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $164M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $2.3B |
| Net Debt Issuance | -$3.9B |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | -$4.0B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$315M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $87M |
| Net Receivables | $5.0B |
| Inventory | $5.3B |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $14.9B |
| PP&E (Net) | $9.1B |
| Goodwill | $25.2B |
| Intangible Assets | $27.7B |
| Long-Term Investments | $2.2B |
| Tax Assets | $945M |
| Other Non-Current Assets | $579M |
| TOTAL NON-CURRENT ASSETS | $65.8B |
| TOTAL ASSETS | $80.7B |
| Account Payables | $1.8B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.3B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $30.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.0B |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $39.9B |
| TOTAL LIABILITIES | $50.2B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $10.4B |
| Retained Earnings | $9.3B |
| Treasury Stock | -$546M |
| Accum. Other Comp. Income | $883M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30.5B |
| Minority Interest | $25M |
| TOTAL EQUITY | $30.5B |
| TOTAL LIABILITIES & EQUITY | $80.7B |
| Total Debt | $31.5B |
| Net Debt | $28.1B |
