| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.3B | $42.1B | $36.4B | -4.2% | 10.9% |
| Op. Income | $3.3B | $4.2B | $419M | -20.9% | 685.2% |
| Gross Margin | 27.7% | 28.6% | 28.8% | -0.9pp | -1.1pp |
| Net Margin | 9.2% | 9.6% | 8.6% | -0.4pp | 0.7pp |
| EPS (Diluted) | $1.95 | $2.11 | $1.64 | -7.6% | 18.9% |
| Free Cash Flow | $5.2B | $6.0B | $2.6B | -13.9% | 99.3% |
| Item | Amount |
|---|---|
| REVENUE | $40.3B |
| Cost of Revenue | $29.2B |
| GROSS PROFIT | $11.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $6.8B |
| Operating Expenses | $7.9B |
| Cost & Expenses | $37.0B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $190M |
| Other Income/Expenses | $1.6B |
| INCOME BEFORE TAX | $4.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $4.0B |
| EBIT | $5.1B |
| EBITDA | $9.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $40.3B |
| Cost of Revenue | $29.2B |
| GROSS PROFIT | $11.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $6.8B |
| Operating Expenses | $7.9B |
| Cost & Expenses | $37.0B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $190M |
| Other Income/Expenses | $1.6B |
| INCOME BEFORE TAX | $4.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $4.0B |
| EBIT | $5.1B |
| EBITDA | $9.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $5.3B |
| Stock-Based Compensation | $165M |
| Deferred Income Tax | $244M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $9.2B |
| Capital Expenditure | -$4.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$950M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $309M |
| NET CASH FROM INVESTING | -$4.6B |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$604M |
| Common Dividends Paid | -$2.1B |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4.8B |
| FREE CASH FLOW | $5.2B |
| Net Change in Cash | -$260M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $1.0B |
| Net Receivables | $15.1B |
| Inventory | $5.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34.0B |
| PP&E (Net) | $169.2B |
| Goodwill | $4.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $35.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.6B |
| TOTAL NON-CURRENT ASSETS | $219.8B |
| TOTAL ASSETS | $253.9B |
| Account Payables | $14.0B |
| Short-Term Debt | $5.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27.2B |
| Long-Term Debt | $28.6B |
| Deferred Revenue NC | $19.7B |
| Deferred Tax Liabilities | $15.9B |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $71.0B |
| TOTAL LIABILITIES | $98.2B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $17.1B |
| Retained Earnings | $181.0B |
| Treasury Stock | -$41.6B |
| Accum. Other Comp. Income | -$3.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $154.6B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $155.6B |
| TOTAL LIABILITIES & EQUITY | $253.9B |
| Total Debt | $34.5B |
| Net Debt | $25.1B |
