| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | — | $3.8B | — | -8.8% |
| Op. Income | $1.2B | — | $1.5B | — | -16.1% |
| Gross Margin | 51.5% | — | 51.7% | — | -0.2pp |
| Net Margin | 27.0% | — | 61.2% | — | -34.2pp |
| EPS (Diluted) | $5.76 | — | $13.95 | — | -58.7% |
| Free Cash Flow | $427M | — | $1.3B | — | -66.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $62M |
| Selling & Marketing | $108M |
| General & Administrative | $306M |
| SG&A Expenses | $414M |
| Other Expenses | $48M |
| Operating Expenses | $524M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $41M |
| Interest Expense | $46M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $247M |
| Net Income from Continuing Ops | $927M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $927M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $927M |
| D&A | $56M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $62M |
| Selling & Marketing | $108M |
| General & Administrative | $306M |
| SG&A Expenses | $414M |
| Other Expenses | $48M |
| Operating Expenses | $524M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $41M |
| Interest Expense | $46M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $247M |
| Net Income from Continuing Ops | $927M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $927M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $927M |
| D&A | $56M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $927M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $133M |
| Deferred Income Tax | -$39M |
| Other Non-Cash Items | -$422M |
| Change in Working Capital | -$132M |
| OPERATING CASH FLOW | $523M |
| Capital Expenditure | -$96M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$532M |
| Common Dividends Paid | -$497M |
| Other Financing Activities | $517M |
| NET CASH FROM FINANCING | -$472M |
| FREE CASH FLOW | $427M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $0 |
| Other Current Assets | $20.7B |
| TOTAL CURRENT ASSETS | $29.8B |
| PP&E (Net) | $643M |
| Goodwill | $13.5B |
| Intangible Assets | $17.8B |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $93.3B |
| TOTAL NON-CURRENT ASSETS | $129.8B |
| TOTAL ASSETS | $159.6B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.6B |
| Other Non-Current Liabilities | $116.2B |
| TOTAL NON-CURRENT LIABILITIES | $124.7B |
| TOTAL LIABILITIES | $126.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $19.2B |
| Retained Earnings | $19.3B |
| Treasury Stock | -$5.4B |
| Accum. Other Comp. Income | -$691M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.4B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $33.5B |
| TOTAL LIABILITIES & EQUITY | $159.6B |
| Total Debt | $5.0B |
| Net Debt | -$1.5B |
