| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | — | $6.4B | — | -0.0% |
| Op. Income | $707M | — | $742M | — | -4.7% |
| Gross Margin | 39.0% | — | 39.0% | — | -0.0pp |
| Net Margin | 7.7% | — | 8.2% | — | -0.5pp |
| EPS (Diluted) | $0.99 | — | $1.06 | — | -6.6% |
| Free Cash Flow | $484M | — | $318M | — | 52.2% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $490M |
| SG&A Expenses | $1.7B |
| Other Expenses | $29M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $707M |
| Interest Income | $28M |
| Interest Expense | $83M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $167M |
| Net Income from Continuing Ops | $488M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $488M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $488M |
| D&A | $296M |
| EBIT | $737M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $490M |
| SG&A Expenses | $1.7B |
| Other Expenses | $29M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $707M |
| Interest Income | $28M |
| Interest Expense | $83M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $167M |
| Net Income from Continuing Ops | $488M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $488M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $488M |
| D&A | $296M |
| EBIT | $737M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $488M |
| Depreciation & Amortization | $296M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $459M |
| Other Non-Cash Items | $481M |
| Change in Working Capital | -$546M |
| OPERATING CASH FLOW | $726M |
| Capital Expenditure | -$242M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$254M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$295M |
| Other Financing Activities | -$309M |
| NET CASH FROM FINANCING | -$462M |
| FREE CASH FLOW | $484M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $430M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $953M |
| Other Current Assets | $637M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $4.4B |
| Goodwill | $2.9B |
| Intangible Assets | $9.8B |
| Long-Term Investments | $0 |
| Tax Assets | $72M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $17.3B |
| TOTAL ASSETS | $21.8B |
| Account Payables | $3.3B |
| Short-Term Debt | $435M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $189M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $616M |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $158M |
| Retained Earnings | $8.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$274M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $21.8B |
| Total Debt | $6.6B |
| Net Debt | $6.2B |
