| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63.0B | $63.4B | $68.3B | -0.6% | -7.7% |
| Op. Income | $2.7B | $3.7B | $5.0B | -27.4% | -46.8% |
| Gross Margin | 22.0% | 22.7% | 23.8% | -0.8pp | -1.9pp |
| Net Margin | 9.0% | 5.0% | 8.8% | 4.0pp | 0.2pp |
| EPS (Diluted) | $1.33 | $0.74 | $1.41 | 79.7% | -5.7% |
| Free Cash Flow | -$352M | $2.8B | $2.5B | -112.6% | -114.0% |
| Item | Amount |
|---|---|
| REVENUE | $63.0B |
| Cost of Revenue | $49.2B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $8.1B |
| Operating Expenses | $11.2B |
| Cost & Expenses | $60.4B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | $3.7B |
| INCOME BEFORE TAX | $6.4B |
| Income Tax Expense | $684M |
| Net Income from Continuing Ops | $5.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.7B |
| D&A | $4.9B |
| EBIT | $6.6B |
| EBITDA | $11.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63.0B |
| Cost of Revenue | $49.2B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $8.1B |
| Operating Expenses | $11.2B |
| Cost & Expenses | $60.4B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | $3.7B |
| INCOME BEFORE TAX | $6.4B |
| Income Tax Expense | $684M |
| Net Income from Continuing Ops | $5.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.7B |
| D&A | $4.9B |
| EBIT | $6.6B |
| EBITDA | $11.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5.7B |
| Depreciation & Amortization | $4.8B |
| Stock-Based Compensation | $741M |
| Deferred Income Tax | $1.8B |
| Other Non-Cash Items | -$8.9B |
| Change in Working Capital | $2.2B |
| OPERATING CASH FLOW | $6.4B |
| Capital Expenditure | -$6.7B |
| Acquisitions (Net) | $3.1B |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | -$1.7B |
| Other Investing Activities | $2.4B |
| NET CASH FROM INVESTING | -$4.3B |
| Net Debt Issuance | -$660M |
| Common Stock Repurchased | -$173M |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | $93M |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | -$352M |
| Net Change in Cash | -$2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $0 |
| Net Receivables | $27.0B |
| Inventory | $18.5B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $50.1B |
| PP&E (Net) | $253.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $29.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $30.0B |
| TOTAL NON-CURRENT ASSETS | $312.5B |
| TOTAL ASSETS | $362.6B |
| Account Payables | $24.7B |
| Short-Term Debt | $20.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $64.0B |
| Long-Term Debt | $24.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25.6B |
| Other Non-Current Liabilities | $47.7B |
| TOTAL NON-CURRENT LIABILITIES | $99.7B |
| TOTAL LIABILITIES | $163.7B |
| Common Stock | $15.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $421.3B |
| Treasury Stock | -$225.8B |
| Accum. Other Comp. Income | -$19.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $191.7B |
| Minority Interest | $7.3B |
| TOTAL EQUITY | $198.9B |
| TOTAL LIABILITIES & EQUITY | $362.6B |
| Total Debt | $46.9B |
| Net Debt | $43.8B |
