| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.8B | $7.4B | $6.6B | 5.1% | 17.0% |
| Op. Income | $947M | $671M | $388M | 41.1% | 144.1% |
| Gross Margin | 51.2% | 51.1% | 46.1% | 0.1pp | 5.1pp |
| Net Margin | 9.4% | 5.7% | 4.3% | 3.8pp | 5.2pp |
| EPS (Diluted) | $0.41 | $0.24 | $0.16 | 70.8% | 156.2% |
| Free Cash Flow | $946M | $833M | $1.1B | 13.6% | -13.7% |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $573M |
| Selling & Marketing | $0 |
| General & Administrative | $2.5B |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.0B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $947M |
| Interest Income | $21M |
| Interest Expense | $179M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | $777M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $718M |
| Net Income from Discontinued Ops | $15M |
| Other Adjustments | $0 |
| NET INCOME | $733M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $733M |
| D&A | $850M |
| EBIT | $956M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $573M |
| Selling & Marketing | $0 |
| General & Administrative | $2.5B |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.0B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $947M |
| Interest Income | $21M |
| Interest Expense | $179M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | $777M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $718M |
| Net Income from Discontinued Ops | $15M |
| Other Adjustments | $0 |
| NET INCOME | $733M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $733M |
| D&A | $850M |
| EBIT | $956M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $733M |
| Depreciation & Amortization | $850M |
| Stock-Based Compensation | $101M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$191M |
| Change in Working Capital | -$249M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$298M |
| Acquisitions (Net) | $48M |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$299M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$494M |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $946M |
| Net Change in Cash | -$792M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $199M |
| Net Receivables | $5.2B |
| Inventory | $3.7B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $14.1B |
| PP&E (Net) | $7.4B |
| Goodwill | $23.8B |
| Intangible Assets | $20.0B |
| Long-Term Investments | $940M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $54.3B |
| TOTAL ASSETS | $68.4B |
| Account Payables | $2.5B |
| Short-Term Debt | $847M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $9.0B |
| Long-Term Debt | $19.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.9B |
| TOTAL NON-CURRENT LIABILITIES | $28.7B |
| TOTAL LIABILITIES | $37.6B |
| Common Stock | $23.3B |
| Additional Paid-In Capital | $23.3B |
| Retained Earnings | $24.1B |
| Treasury Stock | -$9.9B |
| Accum. Other Comp. Income | -$6.9B |
| Other Equity | -$23.3B |
| TOTAL STOCKHOLDERS' EQUITY | $30.6B |
| Minority Interest | $197M |
| TOTAL EQUITY | $30.8B |
| TOTAL LIABILITIES & EQUITY | $68.4B |
| Total Debt | $20.7B |
| Net Debt | $17.6B |
