| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60.4B | $60.6B | $56.6B | -0.4% | 6.7% |
| Op. Income | $5.0B | $4.7B | $4.6B | 5.7% | 9.2% |
| Gross Margin | 24.3% | 22.8% | 24.2% | 1.5pp | 0.1pp |
| Net Margin | 5.9% | 5.4% | 5.6% | 0.4pp | 0.2pp |
| EPS (Diluted) | $3.67 | $3.42 | $3.24 | 7.3% | 13.3% |
| Free Cash Flow | $2.7B | $5.5B | $396M | -50.4% | 583.3% |
| Item | Amount |
|---|---|
| REVENUE | $60.4B |
| Cost of Revenue | $45.7B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9.7B |
| Operating Expenses | $9.7B |
| Cost & Expenses | $55.3B |
| OPERATING INCOME | $5.0B |
| Interest Income | $0 |
| Interest Expense | $449M |
| Other Income/Expenses | -$449M |
| INCOME BEFORE TAX | $4.6B |
| Income Tax Expense | $936M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $709M |
| EBIT | $5.0B |
| EBITDA | $5.7B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $60.4B |
| Cost of Revenue | $45.7B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9.7B |
| Operating Expenses | $9.7B |
| Cost & Expenses | $55.3B |
| OPERATING INCOME | $5.0B |
| Interest Income | $0 |
| Interest Expense | $449M |
| Other Income/Expenses | -$449M |
| INCOME BEFORE TAX | $4.6B |
| Income Tax Expense | $936M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $709M |
| EBIT | $5.0B |
| EBITDA | $5.7B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $3.5B |
| Depreciation & Amortization | $709M |
| Stock-Based Compensation | $127M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$444M |
| Acquisitions (Net) | -$3.4B |
| Purchases of Investments | -$374M |
| Sales/Maturities of Investments | $5.4B |
| Other Investing Activities | -$5.5B |
| NET CASH FROM INVESTING | -$4.4B |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$600M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$950M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.4B |
| Short-Term Investments | $3.5B |
| Net Receivables | $21.1B |
| Inventory | $0 |
| Other Current Assets | $6.6B |
| TOTAL CURRENT ASSETS | $43.5B |
| PP&E (Net) | $8.5B |
| Goodwill | $65.2B |
| Intangible Assets | $10.5B |
| Long-Term Investments | $36.8B |
| Tax Assets | $2.9B |
| Other Non-Current Assets | $6.2B |
| TOTAL NON-CURRENT ASSETS | $130.2B |
| TOTAL ASSETS | $173.7B |
| Account Payables | $39.5B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | $14.2B |
| TOTAL CURRENT LIABILITIES | $62.6B |
| Long-Term Debt | $38.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $9.9B |
| TOTAL NON-CURRENT LIABILITIES | $51.3B |
| TOTAL LIABILITIES | $114.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $58.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $55.0B |
| Minority Interest | $4.8B |
| TOTAL EQUITY | $59.7B |
| TOTAL LIABILITIES & EQUITY | $173.7B |
| Total Debt | $44.9B |
| Net Debt | $32.5B |
