| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.9B | $12.1B | $11.6B | -2.1% | 2.7% |
| Op. Income | $3.1B | $2.8B | $2.9B | 11.5% | 6.2% |
| Gross Margin | 63.1% | 61.2% | 62.8% | 1.9pp | 0.2pp |
| Net Margin | -73.8% | 19.7% | 20.3% | -93.6pp | -94.1pp |
| EPS (Diluted) | $-1.78 | $0.48 | $0.47 | -470.8% | -478.7% |
| Free Cash Flow | $3.9B | $2.9B | $3.5B | 32.5% | 9.6% |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.2B |
| General & Administrative | $483M |
| SG&A Expenses | $2.7B |
| Other Expenses | $158M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $3.1B |
| Interest Income | $396M |
| Interest Expense | $247M |
| Other Income/Expenses | $159M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $12.0B |
| Net Income from Continuing Ops | -$8.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8.8B |
| D&A | $546M |
| EBIT | $3.2B |
| EBITDA | $3.7B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$8.8B |
| Depreciation & Amortization | $546M |
| Stock-Based Compensation | $393M |
| Deferred Income Tax | $843M |
| Other Non-Cash Items | -$144M |
| Change in Working Capital | $11.2B |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$211M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$5.7B |
| Sales/Maturities of Investments | $9.9B |
| Other Investing Activities | $43M |
| NET CASH FROM INVESTING | $4.0B |
| Net Debt Issuance | $3.5B |
| Common Stock Repurchased | -$3.9B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $3.9B |
| Net Change in Cash | $6.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.6B |
| Short-Term Investments | $56.1B |
| Net Receivables | $8.9B |
| Inventory | $1.9B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $86.0B |
| PP&E (Net) | $3.1B |
| Goodwill | $30.4B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $0 |
| Tax Assets | $3.1B |
| Other Non-Current Assets | $6.4B |
| TOTAL NON-CURRENT ASSETS | $45.5B |
| TOTAL ASSETS | $131.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $13.7B |
| Deferred Revenue | $11.1B |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $35.4B |
| Long-Term Debt | $25.6B |
| Deferred Revenue NC | $7.7B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.9B |
| TOTAL NON-CURRENT LIABILITIES | $44.2B |
| TOTAL LIABILITIES | $79.5B |
| Common Stock | $44.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $52.0B |
| TOTAL LIABILITIES & EQUITY | $131.5B |
| Total Debt | $39.4B |
| Net Debt | $21.7B |
