| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.1B | $21.7B | — | 1.8% | — |
| Op. Income | $4.8B | $5.0B | — | -3.6% | — |
| Gross Margin | 69.7% | 71.0% | — | -1.3pp | — |
| Net Margin | 13.0% | 14.8% | — | -1.8pp | — |
| EPS (Diluted) | $0.62 | $0.69 | — | -10.1% | — |
| Free Cash Flow | $3.1B | $4.3B | — | -27.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $22.1B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $15.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.7B |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $3M |
| Operating Expenses | $10.6B |
| Cost & Expenses | $17.3B |
| OPERATING INCOME | $4.8B |
| Interest Income | $0 |
| Interest Expense | $830M |
| Other Income/Expenses | -$941M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $999M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $2.5B |
| EBIT | $4.7B |
| EBITDA | $7.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22.1B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $15.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.7B |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $3M |
| Operating Expenses | $10.6B |
| Cost & Expenses | $17.3B |
| OPERATING INCOME | $4.8B |
| Interest Income | $0 |
| Interest Expense | $830M |
| Other Income/Expenses | -$941M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $999M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $2.5B |
| EBIT | $4.7B |
| EBITDA | $7.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $2.5B |
| Stock-Based Compensation | $197M |
| Deferred Income Tax | $63M |
| Other Non-Cash Items | $304M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $6.0B |
| Capital Expenditure | -$2.8B |
| Acquisitions (Net) | -$141M |
| Purchases of Investments | -$302M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | $8.4B |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$871M |
| Other Financing Activities | -$150M |
| NET CASH FROM FINANCING | $6.1B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | $8.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.6B |
| Short-Term Investments | $0 |
| Net Receivables | $9.0B |
| Inventory | $0 |
| Other Current Assets | $3.6B |
| TOTAL CURRENT ASSETS | $23.2B |
| PP&E (Net) | $39.9B |
| Goodwill | $36.7B |
| Intangible Assets | $85.4B |
| Long-Term Investments | $7.7B |
| Tax Assets | $25.2B |
| Other Non-Current Assets | -$17.4B |
| TOTAL NON-CURRENT ASSETS | $177.4B |
| TOTAL ASSETS | $200.6B |
| Account Payables | $7.0B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19.6B |
| Long-Term Debt | $69.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25.2B |
| Other Non-Current Liabilities | $12.5B |
| TOTAL NON-CURRENT LIABILITIES | $107.3B |
| TOTAL LIABILITIES | $127.0B |
| Common Stock | $54M |
| Additional Paid-In Capital | $37.4B |
| Retained Earnings | $41.2B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | $374M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71.5B |
| Minority Interest | $2.1B |
| TOTAL EQUITY | $73.7B |
| TOTAL LIABILITIES & EQUITY | $200.6B |
| Total Debt | $72.9B |
| Net Debt | $62.3B |
