| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $6.8B | $5.3B | 11.1% | 42.3% |
| Op. Income | $735M | $905M | $975M | -18.8% | -24.6% |
| Gross Margin | 49.8% | 50.9% | 54.7% | -1.1pp | -4.9pp |
| Net Margin | -10.9% | 8.8% | 15.0% | -19.7pp | -25.9pp |
| EPS (Diluted) | $-0.47 | $0.34 | $0.54 | -238.2% | -187.0% |
| Free Cash Flow | $1.3B | $1.7B | $851M | -25.7% | 52.2% |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $618M |
| Selling & Marketing | $0 |
| General & Administrative | $2.5B |
| SG&A Expenses | $2.4B |
| Other Expenses | $0 |
| Operating Expenses | $3.0B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $735M |
| Interest Income | $35M |
| Interest Expense | $209M |
| Other Income/Expenses | -$161M |
| INCOME BEFORE TAX | $574M |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | -$864M |
| Net Income from Discontinued Ops | $36M |
| Other Adjustments | $0 |
| NET INCOME | -$828M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | -$831M |
| D&A | $843M |
| EBIT | $783M |
| EBITDA | $1.6B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$828M |
| Depreciation & Amortization | $843M |
| Stock-Based Compensation | $68M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$490M |
| Change in Working Capital | $2.0B |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$345M |
| Acquisitions (Net) | -$2.8B |
| Purchases of Investments | -$112M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $990M |
| Common Stock Repurchased | -$721M |
| Common Dividends Paid | -$464M |
| Other Financing Activities | -$627M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.4B |
| Short-Term Investments | $203M |
| Net Receivables | $5.2B |
| Inventory | $3.6B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $20.1B |
| PP&E (Net) | $7.6B |
| Goodwill | $24.0B |
| Intangible Assets | $21.5B |
| Long-Term Investments | $883M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $56.1B |
| TOTAL ASSETS | $76.3B |
| Account Payables | $2.4B |
| Short-Term Debt | $714M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $8.9B |
| Long-Term Debt | $27.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $36.2B |
| TOTAL LIABILITIES | $45.2B |
| Common Stock | $23.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $24.0B |
| Treasury Stock | -$10.2B |
| Accum. Other Comp. Income | -$6.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30.9B |
| Minority Interest | $201M |
| TOTAL EQUITY | $31.1B |
| TOTAL LIABILITIES & EQUITY | $76.3B |
| Total Debt | $27.9B |
| Net Debt | $18.5B |
