| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62.9B | $53.3B | $52.6B | 18.1% | 19.6% |
| Op. Income | $16.1B | $12.6B | $13.1B | 27.8% | 22.9% |
| Gross Margin | 38.3% | 38.3% | 37.9% | -0.0pp | 0.4pp |
| Net Margin | 22.5% | 21.6% | 20.4% | 0.8pp | 2.1pp |
| EPS (Diluted) | $0.73 | $0.59 | $0.52 | 23.7% | 40.4% |
| Free Cash Flow | $16.5B | $11.2B | $11.7B | 46.9% | 41.4% |
| Item | Amount |
|---|---|
| REVENUE | $62.9B |
| Cost of Revenue | $38.8B |
| GROSS PROFIT | $24.1B |
| R&D Expenses | $3.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $8.0B |
| Cost & Expenses | $46.8B |
| OPERATING INCOME | $16.1B |
| Interest Income | $1.3B |
| Interest Expense | $868M |
| Other Income/Expenses | $303M |
| INCOME BEFORE TAX | $16.4B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $14.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14.1B |
| D&A | $2.8B |
| EBIT | $17.3B |
| EBITDA | $20.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $62.9B |
| Cost of Revenue | $38.8B |
| GROSS PROFIT | $24.1B |
| R&D Expenses | $3.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | $0 |
| Operating Expenses | $8.0B |
| Cost & Expenses | $46.8B |
| OPERATING INCOME | $16.1B |
| Interest Income | $1.3B |
| Interest Expense | $868M |
| Other Income/Expenses | $303M |
| INCOME BEFORE TAX | $16.4B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $14.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14.1B |
| D&A | $2.8B |
| EBIT | $17.3B |
| EBITDA | $20.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14.1B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | $519M |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $814M |
| OPERATING CASH FLOW | $19.5B |
| Capital Expenditure | -$3.0B |
| Acquisitions (Net) | -$290M |
| Purchases of Investments | -$15.3B |
| Sales/Maturities of Investments | $15.9B |
| Other Investing Activities | -$222M |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$19.1B |
| Common Dividends Paid | -$3.5B |
| Other Financing Activities | $341M |
| NET CASH FROM FINANCING | -$22.6B |
| FREE CASH FLOW | $16.5B |
| Net Change in Cash | -$6.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25.9B |
| Short-Term Investments | $40.4B |
| Net Receivables | $49.0B |
| Inventory | $4.0B |
| Other Current Assets | $12.1B |
| TOTAL CURRENT ASSETS | $131.3B |
| PP&E (Net) | $41.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $170.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $22.3B |
| TOTAL NON-CURRENT ASSETS | $234.4B |
| TOTAL ASSETS | $365.7B |
| Account Payables | $55.9B |
| Short-Term Debt | $20.7B |
| Deferred Revenue | $6.0B |
| Other Current Liabilities | $33.3B |
| TOTAL CURRENT LIABILITIES | $115.9B |
| Long-Term Debt | $93.7B |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $426M |
| Other Non-Current Liabilities | $45.7B |
| TOTAL NON-CURRENT LIABILITIES | $142.6B |
| TOTAL LIABILITIES | $258.6B |
| Common Stock | $40.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $70.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $107.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $107.1B |
| TOTAL LIABILITIES & EQUITY | $365.7B |
| Total Debt | $114.5B |
| Net Debt | $88.6B |
