| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.9B | $1.8B | 10.1% | 15.2% |
| Op. Income | $463M | $479M | $180M | -3.4% | 157.5% |
| Gross Margin | 38.1% | 36.6% | 27.9% | 1.5pp | 10.2pp |
| Net Margin | 12.9% | 12.2% | 0.6% | 0.7pp | 12.3pp |
| EPS (Diluted) | $4.88 | $4.20 | $0.18 | 16.2% | 2611.1% |
| Free Cash Flow | $781M | $685M | $703M | 14.0% | 11.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $803M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $299M |
| Operating Expenses | $340M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $463M |
| Interest Income | $0 |
| Interest Expense | $73M |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $123M |
| EBIT | $306M |
| EBITDA | $429M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $803M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $299M |
| Operating Expenses | $340M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $463M |
| Interest Income | $0 |
| Interest Expense | $73M |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $123M |
| EBIT | $306M |
| EBITDA | $429M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $271M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$51M |
| Other Non-Cash Items | $324M |
| Change in Working Capital | $151M |
| OPERATING CASH FLOW | $830M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$2.2B |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $530M |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | $781M |
| Net Change in Cash | $864M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $0 |
| Net Receivables | $18.3B |
| Inventory | $234M |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $24.7B |
| PP&E (Net) | $614M |
| Goodwill | $3.9B |
| Intangible Assets | $801M |
| Long-Term Investments | $0 |
| Tax Assets | $28M |
| Other Non-Current Assets | $657M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $30.7B |
| Account Payables | $651M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $847M |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $10.1B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $120M |
| Deferred Tax Liabilities | $211M |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $18.7B |
| TOTAL LIABILITIES | $28.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$5.3B |
| Accum. Other Comp. Income | -$140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $30.7B |
| Total Debt | $14.9B |
| Net Debt | $10.7B |
