| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42.1B | $40.5B | — | 4.0% | — |
| Op. Income | $4.2B | $3.5B | — | 19.5% | — |
| Gross Margin | 28.6% | 27.8% | — | 0.8pp | — |
| Net Margin | 9.6% | 8.4% | — | 1.2pp | — |
| EPS (Diluted) | $2.11 | $1.78 | — | 18.5% | — |
| Free Cash Flow | $6.0B | $3.6B | — | 65.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $42.1B |
| Cost of Revenue | $30.1B |
| GROSS PROFIT | $12.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $6.9B |
| Operating Expenses | $7.9B |
| Cost & Expenses | $37.9B |
| OPERATING INCOME | $4.2B |
| Interest Income | $0 |
| Interest Expense | $182M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.6B |
| NET INCOME | $4.0B |
| D&A | $5.9B |
| EBIT | $5.9B |
| EBITDA | $11.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $42.1B |
| Cost of Revenue | $30.1B |
| GROSS PROFIT | $12.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $6.9B |
| Operating Expenses | $7.9B |
| Cost & Expenses | $37.9B |
| OPERATING INCOME | $4.2B |
| Interest Income | $0 |
| Interest Expense | $182M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.6B |
| NET INCOME | $4.0B |
| D&A | $5.9B |
| EBIT | $5.9B |
| EBITDA | $11.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.1B |
| Depreciation & Amortization | $5.4B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $296M |
| Other Non-Cash Items | -$636M |
| Change in Working Capital | $405M |
| OPERATING CASH FLOW | $9.6B |
| Capital Expenditure | -$3.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.4B |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.1B |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$5.3B |
| FREE CASH FLOW | $6.0B |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $60M |
| Net Receivables | $16.8B |
| Inventory | $6.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $35.6B |
| PP&E (Net) | $171.6B |
| Goodwill | $4.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $34.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.2B |
| TOTAL NON-CURRENT ASSETS | $221.0B |
| TOTAL ASSETS | $256.6B |
| Account Payables | $15.3B |
| Short-Term Debt | $6.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29.2B |
| Long-Term Debt | $29.9B |
| Deferred Revenue NC | $20.4B |
| Deferred Tax Liabilities | $15.6B |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $72.8B |
| TOTAL LIABILITIES | $101.9B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $17.1B |
| Retained Earnings | $178.8B |
| Treasury Stock | -$40.6B |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153.6B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $154.7B |
| TOTAL LIABILITIES & EQUITY | $256.6B |
| Total Debt | $36.1B |
| Net Debt | $26.4B |
