| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $6.1B | $5.5B | -1.4% | 10.0% |
| Op. Income | $4.0B | $3.7B | $3.7B | 7.5% | 8.0% |
| Gross Margin | 80.8% | 82.7% | 82.2% | -1.9pp | -1.4pp |
| Net Margin | 54.0% | 49.3% | 54.1% | 4.8pp | -0.0pp |
| EPS (Diluted) | $1.46 | $1.34 | $1.30 | 9.0% | 12.3% |
| Free Cash Flow | $3.7B | $3.8B | $3.1B | -2.9% | 17.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $274M |
| General & Administrative | $419M |
| SG&A Expenses | $693M |
| Other Expenses | $182M |
| Operating Expenses | $875M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $4.0B |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $702M |
| Net Income from Continuing Ops | $3.3B |
| 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 | $182M |
| EBIT | $4.1B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $274M |
| General & Administrative | $419M |
| SG&A Expenses | $693M |
| Other Expenses | $182M |
| Operating Expenses | $875M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $4.0B |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $702M |
| Net Income from Continuing Ops | $3.3B |
| 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 | $182M |
| EBIT | $4.1B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $182M |
| Stock-Based Compensation | $116M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $1.7B |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$191M |
| Acquisitions (Net) | -$77M |
| Purchases of Investments | -$409M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $36M |
| NET CASH FROM INVESTING | $562M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$671M |
| Other Financing Activities | -$147M |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $3.7B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.8B |
| Short-Term Investments | $3.9B |
| Net Receivables | $4.9B |
| Inventory | $0 |
| Other Current Assets | $4.1B |
| TOTAL CURRENT ASSETS | $22.3B |
| PP&E (Net) | $2.7B |
| Goodwill | $15.8B |
| Intangible Assets | $27.1B |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.1B |
| TOTAL NON-CURRENT ASSETS | $52.5B |
| TOTAL ASSETS | $74.8B |
| Account Payables | $133M |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.9B |
| TOTAL CURRENT LIABILITIES | $17.6B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $21.9B |
| TOTAL LIABILITIES | $39.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $16.4B |
| Retained Earnings | $13.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$340M |
| Other Equity | -$175M |
| TOTAL STOCKHOLDERS' EQUITY | $35.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $35.3B |
| TOTAL LIABILITIES & EQUITY | $74.8B |
| Total Debt | $16.7B |
| Net Debt | $7.9B |
