| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | — | $6.3B | — | -2.2% |
| Op. Income | -$12.6B | — | -$12.9B | — | 1.8% |
| Gross Margin | 111.9% | — | 108.4% | — | 3.5pp |
| Net Margin | 4.8% | — | -24.0% | — | 28.8pp |
| EPS (Diluted) | $0.00 | — | $0.00 | — | NaN% |
| Free Cash Flow | -$4.8B | — | $2.4B | — | -298.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $6.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $668M |
| General & Administrative | $2.6B |
| SG&A Expenses | $18.8B |
| Other Expenses | $5.4B |
| Operating Expenses | $13.7B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | -$12.6B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$906M |
| INCOME BEFORE TAX | $505M |
| Income Tax Expense | $196M |
| NET INCOME | $292M |
| D&A | -$819M |
| EBIT | $505M |
| EBITDA | -$315M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $292M |
| Depreciation & Amortization | $513M |
| Stock-Based Compensation | $608M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$899M |
| Change in Working Capital | -$7.7B |
| OPERATING CASH FLOW | -$4.1B |
| Capital Expenditure | -$605M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $605M |
| NET CASH FROM INVESTING | -$577M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$645M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | -$4.8B |
| Net Change in Cash | -$9.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239.1B |
| Short-Term Investments | $294.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $533.8B |
| PP&E (Net) | $3.4B |
| Goodwill | $5.3B |
| Intangible Assets | $5.5B |
| Long-Term Investments | $170.6B |
| Tax Assets | $5.2B |
| Other Non-Current Assets | $806.3B |
| TOTAL NON-CURRENT ASSETS | $996.2B |
| TOTAL ASSETS | $1.5T |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $627.0B |
| TOTAL CURRENT LIABILITIES | $627.0B |
| Long-Term Debt | $201.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $615.1B |
| TOTAL NON-CURRENT LIABILITIES | $816.9B |
| TOTAL LIABILITIES | $1.4T |
| Common Stock | $5.8B |
| Additional Paid-In Capital | $38M |
| Retained Earnings | $58.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $20.0B |
| TOTAL STOCKHOLDERS' EQUITY | $84.5B |
| Minority Interest | $1.7B |
| TOTAL EQUITY | $86.1B |
| TOTAL LIABILITIES & EQUITY | $1.5T |
| Total Debt | $201.9B |
| Net Debt | -$37.2B |
