| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | $8.7B | $8.4B | 7.4% | 11.6% |
| Op. Income | $996M | $960M | $901M | 3.7% | 10.5% |
| Gross Margin | 28.9% | 28.9% | 28.5% | -0.0pp | 0.3pp |
| Net Margin | 7.9% | 8.2% | 6.6% | -0.3pp | 1.3pp |
| EPS (Diluted) | $0.59 | $0.56 | $0.43 | 5.4% | 37.2% |
| Free Cash Flow | $527M | $460M | $406M | 14.6% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $996M |
| Interest Income | $13M |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $993M |
| Income Tax Expense | $253M |
| Net Income from Continuing Ops | $740M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $740M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $740M |
| D&A | $204M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $996M |
| Interest Income | $13M |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $993M |
| Income Tax Expense | $253M |
| Net Income from Continuing Ops | $740M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $740M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $740M |
| D&A | $204M |
| EBIT | $1.0B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $740M |
| Depreciation & Amortization | $204M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | $836M |
| Capital Expenditure | -$309M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $436M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | $149M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$595M |
| Common Dividends Paid | -$244M |
| Other Financing Activities | -$368.0K |
| NET CASH FROM FINANCING | -$760M |
| FREE CASH FLOW | $527M |
| Net Change in Cash | $192M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $0 |
| Net Receivables | $485M |
| Inventory | $4.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $5.1B |
| Goodwill | $98M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $473M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $2.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $225M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $621M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$598M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $2.2B |
| Net Debt | -$641M |
