| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $4.9B | $4.5B | 4.3% | 13.3% |
| Op. Income | $3.3B | $3.3B | $2.8B | 0.3% | 18.8% |
| Gross Margin | 80.4% | 82.7% | 80.9% | -2.3pp | -0.5pp |
| Net Margin | 51.4% | 51.9% | 9.6% | -0.5pp | 41.7pp |
| EPS (Diluted) | $1.11 | $1.07 | $0.18 | 3.7% | 516.7% |
| Free Cash Flow | $2.6B | $2.6B | $250M | -0.5% | 942.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $993M |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $261M |
| General & Administrative | $330M |
| SG&A Expenses | $591M |
| Other Expenses | $153M |
| Operating Expenses | $744M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $153M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $612M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | -$91M |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $153M |
| EBIT | $3.3B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $993M |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $261M |
| General & Administrative | $330M |
| SG&A Expenses | $591M |
| Other Expenses | $153M |
| Operating Expenses | $744M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $153M |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $612M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | -$91M |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $153M |
| EBIT | $3.3B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $153M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$213M |
| Acquisitions (Net) | $213M |
| Purchases of Investments | -$716M |
| Sales/Maturities of Investments | $695M |
| Other Investing Activities | -$409M |
| NET CASH FROM INVESTING | -$430M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.1B |
| Common Dividends Paid | -$490M |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $3.6B |
| Net Receivables | $3.8B |
| Inventory | $0 |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $18.5B |
| PP&E (Net) | $2.4B |
| Goodwill | $15.4B |
| Intangible Assets | $28.5B |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $50.5B |
| TOTAL ASSETS | $69.0B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.9B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $16.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.1B |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $25.4B |
| TOTAL LIABILITIES | $34.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $16.7B |
| Retained Earnings | $10.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $34.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $34.1B |
| TOTAL LIABILITIES & EQUITY | $69.0B |
| Total Debt | $16.6B |
| Net Debt | $8.5B |
