| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.8B | $6.0B | 0.5% | -2.7% |
| Op. Income | $2.2B | $2.4B | $2.5B | -8.0% | -9.7% |
| Gross Margin | 81.7% | 82.9% | 82.1% | -1.1pp | -0.4pp |
| Net Margin | -73.5% | 35.0% | 32.4% | -108.5pp | -105.9pp |
| EPS (Diluted) | $-5.89 | $2.76 | $2.59 | -313.4% | -327.4% |
| Free Cash Flow | $2.9B | $3.3B | $2.8B | -13.3% | 3.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $28M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.2B |
| Interest Income | $301M |
| Interest Expense | $332M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $6.5B |
| Net Income from Continuing Ops | -$4.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4.3B |
| D&A | $449M |
| EBIT | $2.5B |
| EBITDA | $3.0B |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$4.3B |
| Depreciation & Amortization | $449M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | -$951M |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | $7.7B |
| OPERATING CASH FLOW | $3.0B |
| Capital Expenditure | -$153M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$6.9B |
| Sales/Maturities of Investments | $7.1B |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$508M |
| Common Stock Repurchased | -$789M |
| Common Dividends Paid | -$834M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $800M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $37.9B |
| Net Receivables | $3.2B |
| Inventory | $2.8B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $49.5B |
| PP&E (Net) | $5.0B |
| Goodwill | $14.8B |
| Intangible Assets | $8.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $30.5B |
| TOTAL ASSETS | $80.0B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $9.0B |
| Long-Term Debt | $34.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $10.3B |
| TOTAL NON-CURRENT LIABILITIES | $45.7B |
| TOTAL LIABILITIES | $54.7B |
| Common Stock | $31.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$679M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.2B |
| TOTAL LIABILITIES & EQUITY | $80.0B |
| Total Debt | $35.3B |
| Net Debt | $31.5B |
