| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.4B | $9.9B | $8.4B | -4.5% | 11.7% |
| Op. Income | $1.8B | $1.8B | $1.2B | -0.5% | 56.8% |
| Gross Margin | 85.0% | 86.4% | 87.7% | -1.4pp | -2.7pp |
| Net Margin | -12.7% | 13.8% | 9.8% | -26.5pp | -22.5pp |
| EPS (Diluted) | $-1.38 | $1.50 | $0.88 | -192.0% | -256.8% |
| Free Cash Flow | $4.7B | $4.0B | $2.9B | 17.1% | 60.3% |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $873M |
| General & Administrative | $1.4B |
| SG&A Expenses | $2.3B |
| Other Expenses | $3.9B |
| Operating Expenses | $6.2B |
| Cost & Expenses | $7.6B |
| OPERATING INCOME | $1.8B |
| Interest Income | $2.3B |
| Interest Expense | $580M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $3.0B |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | -$20M |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $368M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $368M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $844M |
| Other Non-Cash Items | $833M |
| Change in Working Capital | $4.0B |
| OPERATING CASH FLOW | $5.0B |
| Capital Expenditure | -$250M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$273M |
| Sales/Maturities of Investments | $297M |
| Other Investing Activities | -$7.6B |
| NET CASH FROM INVESTING | -$7.8B |
| Net Debt Issuance | $8.1B |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$326M |
| Other Financing Activities | $3.2B |
| NET CASH FROM FINANCING | $9.7B |
| FREE CASH FLOW | $4.7B |
| Net Change in Cash | $6.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32.9B |
| Short-Term Investments | $3.2B |
| Net Receivables | $3.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $39.9B |
| PP&E (Net) | $4.3B |
| Goodwill | $3.0B |
| Intangible Assets | $899M |
| Long-Term Investments | $131.3B |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $141.3B |
| TOTAL ASSETS | $181.2B |
| Account Payables | $14.7B |
| Short-Term Debt | $3.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $67.0B |
| TOTAL CURRENT LIABILITIES | $86.5B |
| Long-Term Debt | $55.8B |
| Deferred Revenue NC | $1.6B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19.1B |
| TOTAL NON-CURRENT LIABILITIES | $76.4B |
| TOTAL LIABILITIES | $162.9B |
| Common Stock | $172M |
| Additional Paid-In Capital | $12.2B |
| Retained Earnings | $8.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $18.3B |
| TOTAL LIABILITIES & EQUITY | $181.2B |
| Total Debt | $59.1B |
| Net Debt | $26.2B |
