| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53.3B | $61.1B | $45.4B | -12.9% | 17.3% |
| Op. Income | $12.6B | $15.9B | $10.8B | -20.6% | 17.1% |
| Gross Margin | 38.3% | 38.3% | 38.5% | 0.0pp | -0.2pp |
| Net Margin | 21.6% | 22.6% | 19.2% | -1.0pp | 2.4pp |
| EPS (Diluted) | $0.59 | $0.68 | $0.42 | -13.2% | 40.5% |
| Free Cash Flow | $11.2B | $10.9B | $6.3B | 2.6% | 77.8% |
| Item | Amount |
|---|---|
| REVENUE | $53.3B |
| Cost of Revenue | $32.8B |
| GROSS PROFIT | $20.4B |
| R&D Expenses | $3.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.1B |
| Other Expenses | $0 |
| Operating Expenses | $7.8B |
| Cost & Expenses | $40.7B |
| OPERATING INCOME | $12.6B |
| Interest Income | $1.4B |
| Interest Expense | $846M |
| Other Income/Expenses | $672M |
| INCOME BEFORE TAX | $13.3B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $11.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.5B |
| D&A | $2.7B |
| EBIT | $14.1B |
| EBITDA | $16.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $53.3B |
| Cost of Revenue | $32.8B |
| GROSS PROFIT | $20.4B |
| R&D Expenses | $3.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.1B |
| Other Expenses | $0 |
| Operating Expenses | $7.8B |
| Cost & Expenses | $40.7B |
| OPERATING INCOME | $12.6B |
| Interest Income | $1.4B |
| Interest Expense | $846M |
| Other Income/Expenses | $672M |
| INCOME BEFORE TAX | $13.3B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $11.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.5B |
| D&A | $2.7B |
| EBIT | $14.1B |
| EBITDA | $16.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11.5B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $1.4B |
| Deferred Income Tax | $1.1B |
| Other Non-Cash Items | -$259M |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | $14.5B |
| Capital Expenditure | -$3.3B |
| Acquisitions (Net) | -$126M |
| Purchases of Investments | -$9.3B |
| Sales/Maturities of Investments | $17.4B |
| Other Investing Activities | -$739M |
| NET CASH FROM INVESTING | $3.9B |
| Net Debt Issuance | -$6.0B |
| Common Stock Repurchased | -$20.8B |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$31.5B |
| FREE CASH FLOW | $11.2B |
| Net Change in Cash | -$13.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32.0B |
| Short-Term Investments | $39.0B |
| Net Receivables | $26.4B |
| Inventory | $5.9B |
| Other Current Assets | $12.5B |
| TOTAL CURRENT ASSETS | $115.8B |
| PP&E (Net) | $38.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $172.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $22.5B |
| TOTAL NON-CURRENT ASSETS | $233.4B |
| TOTAL ASSETS | $349.2B |
| Account Payables | $38.5B |
| Short-Term Debt | $17.5B |
| Deferred Revenue | $7.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $88.5B |
| Long-Term Debt | $97.1B |
| Deferred Revenue NC | $2.9B |
| Deferred Tax Liabilities | $398M |
| Other Non-Current Liabilities | $45.3B |
| TOTAL NON-CURRENT LIABILITIES | $145.7B |
| TOTAL LIABILITIES | $234.2B |
| Common Stock | $38.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $79.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $114.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $114.9B |
| TOTAL LIABILITIES & EQUITY | $349.2B |
| Total Debt | $114.6B |
| Net Debt | $82.6B |
