| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.2B | — | $28.8B | — | 5.0% |
| Op. Income | $4.8B | — | $9.5B | — | -49.2% |
| Gross Margin | -12.6% | — | -16.5% | — | 4.0pp |
| Net Margin | 10.1% | — | 25.7% | — | -15.6pp |
| EPS (Diluted) | $1.17 | — | $2.79 | — | -58.2% |
| Free Cash Flow | $5.8B | — | $4.4B | — | 30.7% |
| Item | Amount |
|---|---|
| REVENUE | $30.2B |
| Cost of Revenue | $34.0B |
| GROSS PROFIT | -$3.8B |
| R&D Expenses | $982M |
| Selling & Marketing | $8.5B |
| General & Administrative | $5.6B |
| SG&A Expenses | $14.2B |
| Other Expenses | -$23.7B |
| Operating Expenses | -$8.6B |
| Cost & Expenses | $25.4B |
| OPERATING INCOME | $4.8B |
| Interest Income | $235M |
| Interest Expense | $0 |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | $4.6B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $289M |
| EBIT | $5.7B |
| EBITDA | $6.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $822M |
| Stock-Based Compensation | $65M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $682M |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $6.7B |
| Capital Expenditure | -$886M |
| Acquisitions (Net) | -$762M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$130M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$2.0B |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $5.8B |
| Net Change in Cash | $444M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.9B |
| Short-Term Investments | $1.1B |
| Net Receivables | $7.8B |
| Inventory | $4.9B |
| Other Current Assets | $8.4B |
| TOTAL CURRENT ASSETS | $19.2B |
| PP&E (Net) | $14.1B |
| Goodwill | $21.1B |
| Intangible Assets | $15.2B |
| Long-Term Investments | -$64M |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $56.6B |
| TOTAL ASSETS | $75.8B |
| Account Payables | $10.7B |
| Short-Term Debt | $4.8B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $5.9B |
| TOTAL CURRENT LIABILITIES | $24.5B |
| Long-Term Debt | $25.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $35.0B |
| TOTAL LIABILITIES | $59.5B |
| Common Stock | $491M |
| Additional Paid-In Capital | $157M |
| Retained Earnings | $21.3B |
| Treasury Stock | -$822M |
| Accum. Other Comp. Income | -$5.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.4B |
| Minority Interest | $811M |
| TOTAL EQUITY | $16.2B |
| TOTAL LIABILITIES & EQUITY | $75.8B |
| Total Debt | $33.0B |
| Net Debt | $28.1B |
