| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60.9B | $60.4B | $58.4B | 0.9% | 4.3% |
| Op. Income | $5.1B | $5.0B | $4.5B | 1.6% | 13.3% |
| Gross Margin | 24.8% | 24.3% | 23.7% | 0.5pp | 1.1pp |
| Net Margin | 5.8% | 5.9% | 5.2% | -0.0pp | 0.6pp |
| EPS (Diluted) | $3.68 | $3.67 | $3.10 | 0.3% | 18.7% |
| Free Cash Flow | $5.6B | $2.7B | $1.8B | 105.3% | 202.2% |
| Item | Amount |
|---|---|
| REVENUE | $60.9B |
| Cost of Revenue | $45.8B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10.0B |
| Operating Expenses | $10.0B |
| Cost & Expenses | $55.8B |
| OPERATING INCOME | $5.1B |
| Interest Income | $0 |
| Interest Expense | $437M |
| Other Income/Expenses | -$437M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $990M |
| Net Income from Continuing Ops | $3.7B |
| 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 | $718M |
| EBIT | $5.1B |
| EBITDA | $5.8B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $60.9B |
| Cost of Revenue | $45.8B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10.0B |
| Operating Expenses | $10.0B |
| Cost & Expenses | $55.8B |
| OPERATING INCOME | $5.1B |
| Interest Income | $0 |
| Interest Expense | $437M |
| Other Income/Expenses | -$437M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $990M |
| Net Income from Continuing Ops | $3.7B |
| 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 | $718M |
| EBIT | $5.1B |
| EBITDA | $5.8B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $3.5B |
| Depreciation & Amortization | $718M |
| Stock-Based Compensation | $172M |
| Deferred Income Tax | $128M |
| Other Non-Cash Items | $127M |
| Change in Working Capital | $1.5B |
| OPERATING CASH FLOW | $6.2B |
| Capital Expenditure | -$650M |
| Acquisitions (Net) | -$143M |
| Purchases of Investments | -$476M |
| Sales/Maturities of Investments | $4.3B |
| Other Investing Activities | -$4.4B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$4.2B |
| Common Stock Repurchased | -$399M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$888M |
| NET CASH FROM FINANCING | -$6.2B |
| FREE CASH FLOW | $5.6B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.0B |
| Short-Term Investments | $3.3B |
| Net Receivables | $11.8B |
| Inventory | $0 |
| Other Current Assets | $16.6B |
| TOTAL CURRENT ASSETS | $42.6B |
| PP&E (Net) | $8.7B |
| Goodwill | $65.7B |
| Intangible Assets | $10.3B |
| Long-Term Investments | $37.2B |
| Tax Assets | -$84.7B |
| Other Non-Current Assets | $94.0B |
| TOTAL NON-CURRENT ASSETS | $131.3B |
| TOTAL ASSETS | $173.9B |
| Account Payables | $40.7B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $14.6B |
| TOTAL CURRENT LIABILITIES | $61.8B |
| Long-Term Debt | $36.8B |
| Deferred Revenue NC | -$3.0B |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $13.1B |
| TOTAL NON-CURRENT LIABILITIES | $49.9B |
| TOTAL LIABILITIES | $111.7B |
| Common Stock | $9M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $61.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57.6B |
| Minority Interest | $4.5B |
| TOTAL EQUITY | $62.2B |
| TOTAL LIABILITIES & EQUITY | $173.9B |
| Total Debt | $40.7B |
| Net Debt | $29.7B |
