| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.1B | $9.8B | $11.0B | 13.2% | 1.5% |
| Op. Income | $1.2B | $1.1B | $1.2B | 8.4% | -3.2% |
| Gross Margin | 27.8% | 28.9% | 28.4% | -1.1pp | -0.6pp |
| Net Margin | 7.6% | 7.8% | 8.0% | -0.2pp | -0.4pp |
| EPS (Diluted) | $0.68 | $0.61 | $0.69 | 11.5% | -1.4% |
| Free Cash Flow | $1.4B | $618M | $866M | 119.8% | 56.9% |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $18M |
| Interest Expense | $17M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $842M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $842M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $842M |
| D&A | $218M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $18M |
| Interest Expense | $17M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $842M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $842M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $842M |
| D&A | $218M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $842M |
| Depreciation & Amortization | $217M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$73M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $594M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$252M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$254M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$816M |
| Common Dividends Paid | -$240M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $318M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $0 |
| Net Receivables | $346M |
| Inventory | $4.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $5.3B |
| Goodwill | $98M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $498M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $2.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $394M |
| Other Non-Current Liabilities | $876M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$630M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $2.5B |
| Net Debt | -$553M |
