| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | $7.7B | $6.5B | 2.5% | 21.4% |
| Op. Income | $2.9B | $1.8B | $2.4B | 61.8% | 20.6% |
| Gross Margin | 75.7% | 70.5% | 75.3% | 5.2pp | 0.4pp |
| Net Margin | 35.1% | 0.7% | 26.2% | 34.4pp | 8.9pp |
| EPS (Diluted) | $1.74 | $0.03 | $1.06 | 5700.0% | 64.2% |
| Free Cash Flow | $2.5B | $2.4B | $2.0B | 5.2% | 25.9% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $2.9B |
| Interest Income | $58M |
| Interest Expense | $309M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $445M |
| EBIT | $3.1B |
| EBITDA | $3.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $2.9B |
| Interest Income | $58M |
| Interest Expense | $309M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $445M |
| EBIT | $3.1B |
| EBITDA | $3.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $445M |
| Stock-Based Compensation | $191M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$828M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$119M |
| Acquisitions (Net) | -$372M |
| Purchases of Investments | -$267M |
| Sales/Maturities of Investments | $311M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$447M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $99M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$296M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0B |
| Short-Term Investments | $467M |
| Net Receivables | $5.8B |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20.4B |
| PP&E (Net) | $2.8B |
| Goodwill | $15.9B |
| Intangible Assets | $27.2B |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $903M |
| TOTAL NON-CURRENT ASSETS | $48.9B |
| TOTAL ASSETS | $69.3B |
| Account Payables | $0 |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.7B |
| TOTAL CURRENT LIABILITIES | $17.1B |
| Long-Term Debt | $30.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $15.5B |
| TOTAL NON-CURRENT LIABILITIES | $48.7B |
| TOTAL LIABILITIES | $65.8B |
| Common Stock | $18M |
| Additional Paid-In Capital | $14.5B |
| Retained Earnings | $5.0B |
| Treasury Stock | -$13.3B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $69.3B |
| Total Debt | $37.3B |
| Net Debt | $28.3B |
