| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.0B | — | 1.0% | — |
| Op. Income | $1.3B | $1.2B | — | 11.5% | — |
| Gross Margin | 51.7% | 50.9% | — | 0.9pp | — |
| Net Margin | 23.6% | 74.2% | — | -50.5pp | — |
| EPS (Diluted) | $0.27 | $0.83 | — | -67.5% | — |
| Free Cash Flow | $2.1B | $2.1B | — | 0.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $959M |
| Selling & Marketing | $0 |
| General & Administrative | $234M |
| SG&A Expenses | $234M |
| Other Expenses | $87M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $149M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $965M |
| EBIT | $1.4B |
| EBITDA | $2.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $959M |
| Selling & Marketing | $0 |
| General & Administrative | $234M |
| SG&A Expenses | $234M |
| Other Expenses | $87M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $149M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $965M |
| EBIT | $1.4B |
| EBITDA | $2.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $965M |
| Stock-Based Compensation | $315M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$264M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$120M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$249M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $148M |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5.4B |
| Common Dividends Paid | -$754M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$6.1B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | -$4.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $1.2B |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $8.7B |
| PP&E (Net) | $2.7B |
| Goodwill | $26.9B |
| Intangible Assets | $11.6B |
| Long-Term Investments | $0 |
| Tax Assets | $178M |
| Other Non-Current Assets | $286M |
| TOTAL NON-CURRENT ASSETS | $41.7B |
| TOTAL ASSETS | $50.4B |
| Account Payables | $785M |
| Short-Term Debt | $117M |
| Deferred Revenue | $183M |
| Other Current Liabilities | $317M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $178M |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $20.7B |
| TOTAL LIABILITIES | $22.9B |
| Common Stock | $23.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $27.5B |
| TOTAL LIABILITIES & EQUITY | $50.4B |
| Total Debt | $17.6B |
| Net Debt | $13.5B |
