| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.9B | $3.8B | 4.0% | -19.2% |
| Op. Income | $551M | $573M | -$110M | -3.8% | 600.9% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 4.0% | 33.3% | -7.3% | -29.3pp | 11.3pp |
| EPS (Diluted) | $0.23 | $1.78 | $-0.50 | -87.1% | 146.0% |
| Free Cash Flow | -$117M | -$103M | -$71M | -13.6% | -64.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $168M |
| Selling & Marketing | $360M |
| General & Administrative | -$82M |
| SG&A Expenses | $278M |
| Other Expenses | $644M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $551M |
| Interest Income | $0 |
| Interest Expense | $228M |
| Other Income/Expenses | -$251M |
| INCOME BEFORE TAX | $300M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $990M |
| EBIT | $528M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $168M |
| Selling & Marketing | $360M |
| General & Administrative | -$82M |
| SG&A Expenses | $278M |
| Other Expenses | $644M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $551M |
| Interest Income | $0 |
| Interest Expense | $228M |
| Other Income/Expenses | -$251M |
| INCOME BEFORE TAX | $300M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $990M |
| EBIT | $528M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $990M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $2.4B |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.4B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$127M |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | -$117M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $27.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.8B |
| TOTAL NON-CURRENT ASSETS | $35.5B |
| TOTAL ASSETS | $41.1B |
| Account Payables | $2.1B |
| Short-Term Debt | $761M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $15.6B |
| Deferred Revenue NC | $124M |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $22.2B |
| TOTAL LIABILITIES | $32.3B |
| Common Stock | $57M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$410M |
| Other Equity | $7.9B |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.7B |
| TOTAL LIABILITIES & EQUITY | $41.1B |
| Total Debt | $16.4B |
| Net Debt | $13.0B |
