| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.3B | $8.2B | $7.7B | 0.8% | 7.3% |
| Op. Income | -$2.4B | $3.2B | $1.8B | -177.3% | -236.1% |
| Gross Margin | 75.7% | 77.7% | 70.5% | -2.1pp | 5.1pp |
| Net Margin | -22.0% | 33.4% | 0.7% | -55.3pp | -22.7pp |
| EPS (Diluted) | $-1.22 | $1.81 | $0.03 | -167.4% | -4166.7% |
| Free Cash Flow | $3.3B | $4.2B | $2.4B | -22.9% | 36.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $8.7B |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | -$2.4B |
| Interest Income | $61M |
| Interest Expense | $380M |
| Other Income/Expenses | $68M |
| INCOME BEFORE TAX | -$2.4B |
| Income Tax Expense | -$547M |
| Net Income from Continuing Ops | -$1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.8B |
| D&A | $442M |
| EBIT | -$2.0B |
| EBITDA | -$1.6B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.8B |
| Depreciation & Amortization | $442M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $5.5B |
| Other Non-Cash Items | -$380M |
| Change in Working Capital | -$408M |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$123M |
| Acquisitions (Net) | -$195M |
| Purchases of Investments | -$211M |
| Sales/Maturities of Investments | $246M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$283M |
| Net Debt Issuance | -$315M |
| Common Stock Repurchased | -$2.1B |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$3.8B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | -$726M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.3B |
| Short-Term Investments | $772M |
| Net Receivables | $5.4B |
| Inventory | $1.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.9B |
| PP&E (Net) | $2.9B |
| Goodwill | $15.7B |
| Intangible Assets | $21.2B |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $42.4B |
| TOTAL ASSETS | $59.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $5.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $17.2B |
| Long-Term Debt | $35.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $11.8B |
| TOTAL NON-CURRENT LIABILITIES | $50.6B |
| TOTAL LIABILITIES | $67.8B |
| Common Stock | $18M |
| Additional Paid-In Capital | $14.8B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$24.1B |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$8.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$8.4B |
| TOTAL LIABILITIES & EQUITY | $59.4B |
| Total Debt | $40.3B |
| Net Debt | $33.0B |
