| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.8B | — | -4.8% | — |
| Op. Income | $1.4B | $1.5B | — | -7.4% | — |
| Gross Margin | 49.4% | 51.7% | — | -2.4pp | — |
| Net Margin | 30.4% | 61.2% | — | -30.8pp | — |
| EPS (Diluted) | $6.65 | $13.95 | — | -52.3% | — |
| Free Cash Flow | -$174M | $1.3B | — | -113.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $53M |
| Selling & Marketing | $85M |
| General & Administrative | $292M |
| SG&A Expenses | $377M |
| Other Expenses | -$36M |
| Operating Expenses | $394M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.4B |
| Interest Income | $15M |
| Interest Expense | $46M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $265M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $53M |
| EBIT | $1.4B |
| EBITDA | $1.4B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $53M |
| Selling & Marketing | $85M |
| General & Administrative | $292M |
| SG&A Expenses | $377M |
| Other Expenses | -$36M |
| Operating Expenses | $394M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.4B |
| Interest Income | $15M |
| Interest Expense | $46M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $265M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $53M |
| EBIT | $1.4B |
| EBITDA | $1.4B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $175M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$367M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | -$141M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$53M |
| Purchases of Investments | -$147M |
| Sales/Maturities of Investments | $122M |
| Other Investing Activities | $58M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$719M |
| Common Dividends Paid | -$505M |
| Other Financing Activities | $350M |
| NET CASH FROM FINANCING | -$874M |
| FREE CASH FLOW | -$174M |
| Net Change in Cash | -$953M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $0 |
| Net Receivables | $4.3B |
| Inventory | $0 |
| Other Current Assets | $27.2B |
| TOTAL CURRENT ASSETS | $37.6B |
| PP&E (Net) | $589M |
| Goodwill | $13.2B |
| Intangible Assets | $17.4B |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $145.1B |
| TOTAL NON-CURRENT ASSETS | $178.4B |
| TOTAL ASSETS | $216.0B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $173.5B |
| TOTAL NON-CURRENT LIABILITIES | $182.0B |
| TOTAL LIABILITIES | $183.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $18.9B |
| Retained Earnings | $17.5B |
| Treasury Stock | -$4.1B |
| Accum. Other Comp. Income | -$301M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.0B |
| Minority Interest | $605M |
| TOTAL EQUITY | $32.6B |
| TOTAL LIABILITIES & EQUITY | $216.0B |
| Total Debt | $5.0B |
| Net Debt | -$1.0B |
