| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0B | $12.9B | $11.3B | 9.0% | 23.7% |
| Op. Income | $2.2B | $2.1B | $1.2B | 2.8% | 83.0% |
| Gross Margin | 31.5% | 32.1% | 29.6% | -0.6pp | 1.9pp |
| Net Margin | 12.2% | 12.9% | 7.1% | -0.8pp | 5.1pp |
| EPS (Diluted) | $2.82 | $2.74 | $1.35 | 2.9% | 108.9% |
| Free Cash Flow | $1.4B | $178M | $1.8B | 673.6% | -22.1% |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $9.6B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $462M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $338M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $2.2B |
| Interest Income | $45M |
| Interest Expense | $100M |
| Other Income/Expenses | $28M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $490M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $686M |
| EBIT | $2.3B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $9.6B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $462M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $338M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $2.2B |
| Interest Income | $45M |
| Interest Expense | $100M |
| Other Income/Expenses | $28M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $490M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $686M |
| EBIT | $2.3B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $686M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $236M |
| Change in Working Capital | -$541M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$771M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$129M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$680M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$466M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $767M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $16.9B |
| Inventory | $11.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38.6B |
| PP&E (Net) | $13.8B |
| Goodwill | $6.2B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $16.7B |
| TOTAL NON-CURRENT ASSETS | $40.3B |
| TOTAL ASSETS | $79.0B |
| Account Payables | $6.8B |
| Short-Term Debt | $12.5B |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $28.3B |
| Long-Term Debt | $23.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.0B |
| TOTAL NON-CURRENT LIABILITIES | $35.7B |
| TOTAL LIABILITIES | $64.0B |
| Common Stock | $5.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $28.7B |
| Treasury Stock | -$18.0B |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.9B |
| Minority Interest | $63M |
| TOTAL EQUITY | $14.9B |
| TOTAL LIABILITIES & EQUITY | $79.0B |
| Total Debt | $36.2B |
| Net Debt | $36.2B |
