| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60.6B | $60.3B | — | 0.5% | — |
| Op. Income | $4.7B | $4.8B | — | -1.8% | — |
| Gross Margin | 22.8% | 23.2% | — | -0.4pp | — |
| Net Margin | 5.4% | 5.7% | — | -0.3pp | — |
| EPS (Diluted) | $3.42 | $3.56 | — | -3.9% | — |
| Free Cash Flow | $5.5B | $2.7B | — | 104.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $60.6B |
| Cost of Revenue | $46.8B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9.1B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $55.9B |
| OPERATING INCOME | $4.7B |
| Interest Income | $0 |
| Interest Expense | $418M |
| Other Income/Expenses | -$418M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $941M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $654M |
| EBIT | $4.7B |
| EBITDA | $5.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $60.6B |
| Cost of Revenue | $46.8B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9.1B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $55.9B |
| OPERATING INCOME | $4.7B |
| Interest Income | $0 |
| Interest Expense | $418M |
| Other Income/Expenses | -$418M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $941M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $654M |
| EBIT | $4.7B |
| EBITDA | $5.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $654M |
| Stock-Based Compensation | $155M |
| Deferred Income Tax | $61M |
| Other Non-Cash Items | -$77M |
| Change in Working Capital | $1.8B |
| OPERATING CASH FLOW | $5.9B |
| Capital Expenditure | -$415M |
| Acquisitions (Net) | -$4.1B |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | -$2.4B |
| NET CASH FROM INVESTING | -$5.5B |
| Net Debt Issuance | $3.8B |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$510M |
| NET CASH FROM FINANCING | $915M |
| FREE CASH FLOW | $5.5B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.7B |
| Short-Term Investments | $3.5B |
| Net Receivables | $18.2B |
| Inventory | $0 |
| Other Current Assets | $6.6B |
| TOTAL CURRENT ASSETS | $42.0B |
| PP&E (Net) | $8.7B |
| Goodwill | $62.0B |
| Intangible Assets | $10.0B |
| Long-Term Investments | $35.7B |
| Tax Assets | $2.9B |
| Other Non-Current Assets | $5.9B |
| TOTAL NON-CURRENT ASSETS | $125.2B |
| TOTAL ASSETS | $167.2B |
| Account Payables | $38.0B |
| Short-Term Debt | $7.8B |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $14.5B |
| TOTAL CURRENT LIABILITIES | $62.3B |
| Long-Term Debt | $34.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $9.4B |
| TOTAL NON-CURRENT LIABILITIES | $46.8B |
| TOTAL LIABILITIES | $109.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $56.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53.1B |
| Minority Interest | $5.0B |
| TOTAL EQUITY | $58.1B |
| TOTAL LIABILITIES & EQUITY | $167.2B |
| Total Debt | $42.3B |
| Net Debt | $28.5B |
