| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | — | -4.0% | — |
| Op. Income | $374M | $358M | — | 4.5% | — |
| Gross Margin | 29.1% | 28.3% | — | 0.9pp | — |
| Net Margin | 22.6% | 18.7% | — | 4.0pp | — |
| EPS (Diluted) | $2.96 | $2.52 | — | 17.5% | — |
| Free Cash Flow | $388M | $506M | — | -23.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $516M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $24M |
| Operating Expenses | $152M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $374M |
| Interest Income | $2M |
| Interest Expense | $30M |
| Other Income/Expenses | $88M |
| INCOME BEFORE TAX | $462M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $408M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $401M |
| D&A | $90M |
| EBIT | $492M |
| EBITDA | $582M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $516M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $24M |
| Operating Expenses | $152M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $374M |
| Interest Income | $2M |
| Interest Expense | $30M |
| Other Income/Expenses | $88M |
| INCOME BEFORE TAX | $462M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $408M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $401M |
| D&A | $90M |
| EBIT | $492M |
| EBITDA | $582M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $402M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $467M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$154M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$73M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$383M |
| FREE CASH FLOW | $388M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $703M |
| Short-Term Investments | $31M |
| Net Receivables | $1.4B |
| Inventory | $1.0B |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $3.7B |
| Goodwill | $1.1B |
| Intangible Assets | $317M |
| Long-Term Investments | $981M |
| Tax Assets | $170M |
| Other Non-Current Assets | $413M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $819M |
| Short-Term Debt | $229M |
| Deferred Revenue | $357M |
| Other Current Liabilities | $199M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $246M |
| Other Non-Current Liabilities | $855M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $222M |
| Retained Earnings | $5.8B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$219M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $402M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $3.4B |
| Net Debt | $2.7B |
