| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.3B | — | $16.4B | — | 5.8% |
| Op. Income | $7.3B | — | $5.9B | — | 23.3% |
| Gross Margin | 82.3% | — | 74.5% | — | 7.8pp |
| Net Margin | 26.0% | — | 290.0% | — | -264.0pp |
| EPS (Diluted) | $2.00 | — | $20.97 | — | -90.5% |
| Free Cash Flow | $7.9B | — | $4.1B | — | 93.0% |
| Item | Amount |
|---|---|
| REVENUE | $17.3B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $14.3B |
| R&D Expenses | $197M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.2B |
| Other Expenses | $0 |
| Operating Expenses | $7.3B |
| Cost & Expenses | $10.4B |
| OPERATING INCOME | $7.3B |
| Interest Income | $1.0B |
| Interest Expense | $0 |
| Other Income/Expenses | $2.0B |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $252M |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $526M |
| EBIT | $6.8B |
| EBITDA | $7.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $17.3B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $14.3B |
| R&D Expenses | $197M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.2B |
| Other Expenses | $0 |
| Operating Expenses | $7.3B |
| Cost & Expenses | $10.4B |
| OPERATING INCOME | $7.3B |
| Interest Income | $1.0B |
| Interest Expense | $0 |
| Other Income/Expenses | $2.0B |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $252M |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $526M |
| EBIT | $6.8B |
| EBITDA | $7.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $526M |
| Stock-Based Compensation | $166M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $8.7B |
| Capital Expenditure | -$746M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$247M |
| NET CASH FROM INVESTING | -$992M |
| Net Debt Issuance | -$2.8B |
| Common Stock Repurchased | $5M |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$6.9B |
| FREE CASH FLOW | $7.9B |
| Net Change in Cash | $774M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $240M |
| Net Receivables | $3.9B |
| Inventory | $8.1B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $17.1B |
| PP&E (Net) | $7.0B |
| Goodwill | $62.2B |
| Intangible Assets | $105.0B |
| Long-Term Investments | $2.2B |
| Tax Assets | $464M |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $180.2B |
| TOTAL ASSETS | $197.3B |
| Account Payables | $14.3B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $22.0B |
| Long-Term Debt | $58.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24.0B |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $86.7B |
| TOTAL LIABILITIES | $108.7B |
| Common Stock | $828M |
| Additional Paid-In Capital | $123M |
| Retained Earnings | $52.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88.2B |
| Minority Interest | $329M |
| TOTAL EQUITY | $88.6B |
| TOTAL LIABILITIES & EQUITY | $197.3B |
| Total Debt | $64.1B |
| Net Debt | $60.8B |