| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.1B | $12.1B | $12.4B | 0.0% | -1.7% |
| Op. Income | $2.8B | $3.0B | $2.9B | -9.2% | -4.2% |
| Gross Margin | 61.2% | 62.2% | 63.8% | -1.0pp | -2.6pp |
| Net Margin | 19.7% | 20.0% | 18.8% | -0.3pp | 0.9pp |
| EPS (Diluted) | $0.48 | $0.48 | $0.46 | 0.0% | 4.3% |
| Free Cash Flow | $2.9B | $3.8B | $2.5B | -23.2% | 18.6% |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.4B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $557M |
| SG&A Expenses | $2.9B |
| Other Expenses | $213M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.8B |
| Interest Income | $379M |
| Interest Expense | $235M |
| Other Income/Expenses | $206M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $568M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $566M |
| EBIT | $3.0B |
| EBITDA | $3.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.4B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $557M |
| SG&A Expenses | $2.9B |
| Other Expenses | $213M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.8B |
| Interest Income | $379M |
| Interest Expense | $235M |
| Other Income/Expenses | $206M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $568M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $566M |
| EBIT | $3.0B |
| EBITDA | $3.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $566M |
| Stock-Based Compensation | $392M |
| Deferred Income Tax | $178M |
| Other Non-Cash Items | -$73M |
| Change in Working Capital | -$377M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$168M |
| Acquisitions (Net) | -$725M |
| Purchases of Investments | -$8.3B |
| Sales/Maturities of Investments | $6.7B |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $2.2B |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | -$665M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.0B |
| Short-Term Investments | $60.5B |
| Net Receivables | $9.2B |
| Inventory | $1.7B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $84.1B |
| PP&E (Net) | $3.2B |
| Goodwill | $30.2B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $6.3B |
| TOTAL NON-CURRENT ASSETS | $46.4B |
| TOTAL ASSETS | $130.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $10.2B |
| Deferred Revenue | $10.9B |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $29.3B |
| Long-Term Debt | $25.7B |
| Deferred Revenue NC | $7.6B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $35.7B |
| TOTAL LIABILITIES | $65.0B |
| Common Stock | $44.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $20.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $65.5B |
| TOTAL LIABILITIES & EQUITY | $130.5B |
| Total Debt | $35.9B |
| Net Debt | $24.9B |
