| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.7B | $7.0B | $6.8B | 10.6% | 13.9% |
| Op. Income | $1.8B | $2.7B | $2.4B | -33.4% | -23.9% |
| Gross Margin | 70.5% | 76.9% | 77.1% | -6.4pp | -6.6pp |
| Net Margin | 0.7% | 23.3% | 20.5% | -22.6pp | -19.8pp |
| EPS (Diluted) | $0.03 | $1.01 | $0.85 | -97.0% | -96.5% |
| Free Cash Flow | $2.4B | $3.1B | $1.4B | -23.6% | 68.3% |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $1.8B |
| Interest Income | $47M |
| Interest Expense | $299M |
| Other Income/Expenses | -$601M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $369M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $1.8B |
| Interest Income | $47M |
| Interest Expense | $299M |
| Other Income/Expenses | -$601M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $369M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $369M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | $1.6B |
| Other Non-Cash Items | $621M |
| Change in Working Capital | -$131M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$182M |
| Acquisitions (Net) | -$128M |
| Purchases of Investments | -$392M |
| Sales/Maturities of Investments | $903M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $201M |
| Net Debt Issuance | -$408M |
| Common Stock Repurchased | -$505M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $857M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $486M |
| Net Receivables | $5.1B |
| Inventory | $1.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21.2B |
| PP&E (Net) | $2.8B |
| Goodwill | $15.8B |
| Intangible Assets | $27.6B |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $49.6B |
| TOTAL ASSETS | $70.8B |
| Account Payables | $1.5B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $16.6B |
| Long-Term Debt | $31.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $12.9B |
| TOTAL NON-CURRENT LIABILITIES | $49.0B |
| TOTAL LIABILITIES | $65.7B |
| Common Stock | $18M |
| Additional Paid-In Capital | $14.3B |
| Retained Earnings | $5.5B |
| Treasury Stock | -$11.9B |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $70.8B |
| Total Debt | $37.4B |
| Net Debt | $28.1B |
