| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65.1B | $62.1B | $60.4B | 4.8% | 7.9% |
| Op. Income | $4.7B | $9.2B | $5.0B | -49.7% | -7.2% |
| Gross Margin | 23.9% | 32.1% | 24.3% | -8.2pp | -0.5pp |
| Net Margin | 4.9% | 10.7% | 5.9% | -5.8pp | -1.0pp |
| EPS (Diluted) | $3.30 | $6.91 | $3.67 | -52.2% | -10.1% |
| Free Cash Flow | $2.6B | $9.6B | $2.7B | -73.1% | -5.0% |
| Item | Amount |
|---|---|
| REVENUE | $65.1B |
| Cost of Revenue | $49.6B |
| GROSS PROFIT | $15.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10.9B |
| Operating Expenses | $10.9B |
| Cost & Expenses | $60.5B |
| OPERATING INCOME | $4.7B |
| Interest Income | $0 |
| Interest Expense | $395M |
| Other Income/Expenses | -$395M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $719M |
| EBIT | $4.7B |
| EBITDA | $5.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $65.1B |
| Cost of Revenue | $49.6B |
| GROSS PROFIT | $15.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10.9B |
| Operating Expenses | $10.9B |
| Cost & Expenses | $60.5B |
| OPERATING INCOME | $4.7B |
| Interest Income | $0 |
| Interest Expense | $395M |
| Other Income/Expenses | -$395M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $719M |
| EBIT | $4.7B |
| EBITDA | $5.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $719M |
| Stock-Based Compensation | $139M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$916M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$557M |
| Acquisitions (Net) | -$374M |
| Purchases of Investments | $5.0B |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | -$10.2B |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | -$850M |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$706M |
| NET CASH FROM FINANCING | -$5.0B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$4.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.6B |
| Short-Term Investments | $3.3B |
| Net Receivables | $25.4B |
| Inventory | $0 |
| Other Current Assets | $8.6B |
| TOTAL CURRENT ASSETS | $54.8B |
| PP&E (Net) | $8.2B |
| Goodwill | $68.1B |
| Intangible Assets | $10.4B |
| Long-Term Investments | $39.2B |
| Tax Assets | $3.3B |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $136.1B |
| TOTAL ASSETS | $191.0B |
| Account Payables | $42.3B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $2.4B |
| Other Current Liabilities | $18.0B |
| TOTAL CURRENT LIABILITIES | $66.6B |
| Long-Term Debt | $39.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $11.2B |
| TOTAL NON-CURRENT LIABILITIES | $54.4B |
| TOTAL LIABILITIES | $121.0B |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $69.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.2B |
| Minority Interest | $4.7B |
| TOTAL EQUITY | $70.0B |
| TOTAL LIABILITIES & EQUITY | $191.0B |
| Total Debt | $43.8B |
| Net Debt | $26.2B |
