| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61.1B | $88.3B | $52.9B | -30.8% | 15.6% |
| Op. Income | $15.9B | $26.3B | $14.1B | -39.5% | 12.7% |
| Gross Margin | 38.3% | 38.4% | 38.9% | -0.1pp | -0.6pp |
| Net Margin | 22.6% | 22.7% | 20.9% | -0.1pp | 1.8pp |
| EPS (Diluted) | $0.68 | $0.97 | $0.53 | -29.9% | 28.3% |
| Free Cash Flow | $10.9B | $25.5B | $9.6B | -57.1% | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $61.1B |
| Cost of Revenue | $37.7B |
| GROSS PROFIT | $23.4B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $7.5B |
| Cost & Expenses | $45.2B |
| OPERATING INCOME | $15.9B |
| Interest Income | $1.5B |
| Interest Expense | $792M |
| Other Income/Expenses | $274M |
| INCOME BEFORE TAX | $16.2B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $13.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.8B |
| D&A | $2.7B |
| EBIT | $17.0B |
| EBITDA | $19.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $61.1B |
| Cost of Revenue | $37.7B |
| GROSS PROFIT | $23.4B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $7.5B |
| Cost & Expenses | $45.2B |
| OPERATING INCOME | $15.9B |
| Interest Income | $1.5B |
| Interest Expense | $792M |
| Other Income/Expenses | $274M |
| INCOME BEFORE TAX | $16.2B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $13.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.8B |
| D&A | $2.7B |
| EBIT | $17.0B |
| EBITDA | $19.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13.8B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | -$498M |
| Other Non-Cash Items | -$140M |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $15.1B |
| Capital Expenditure | -$4.2B |
| Acquisitions (Net) | -$132M |
| Purchases of Investments | -$7.2B |
| Sales/Maturities of Investments | $40.0B |
| Other Investing Activities | $259M |
| NET CASH FROM INVESTING | $28.7B |
| Net Debt Issuance | -$501M |
| Common Stock Repurchased | -$22.8B |
| Common Dividends Paid | -$3.2B |
| Other Financing Activities | -$152M |
| NET CASH FROM FINANCING | -$26.3B |
| FREE CASH FLOW | $10.9B |
| Net Change in Cash | $17.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45.1B |
| Short-Term Investments | $42.9B |
| Net Receivables | $22.4B |
| Inventory | $7.7B |
| Other Current Assets | $12.0B |
| TOTAL CURRENT ASSETS | $130.1B |
| PP&E (Net) | $35.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $179.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $23.1B |
| TOTAL NON-CURRENT ASSETS | $237.4B |
| TOTAL ASSETS | $367.5B |
| Account Payables | $34.3B |
| Short-Term Debt | $20.5B |
| Deferred Revenue | $7.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $89.3B |
| Long-Term Debt | $101.4B |
| Deferred Revenue NC | $3.1B |
| Deferred Tax Liabilities | $548M |
| Other Non-Current Liabilities | $46.3B |
| TOTAL NON-CURRENT LIABILITIES | $151.3B |
| TOTAL LIABILITIES | $240.6B |
| Common Stock | $38.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $91.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $126.9B |
| TOTAL LIABILITIES & EQUITY | $367.5B |
| Total Debt | $121.8B |
| Net Debt | $76.8B |
