| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.9B | $11.4B | — | -4.3% | — |
| Op. Income | $833M | $506M | — | 64.6% | — |
| Gross Margin | 67.4% | 67.9% | — | -0.5pp | — |
| Net Margin | 3.9% | 1.2% | — | 2.6pp | — |
| EPS (Diluted) | $0.20 | $0.07 | — | 183.3% | — |
| Free Cash Flow | -$10.2B | -$6.6B | — | -55.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $7.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $6.6B |
| SG&A Expenses | $6.6B |
| Other Expenses | -$71M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $833M |
| Interest Income | $7.5B |
| Interest Expense | $3.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $833M |
| Income Tax Expense | $363M |
| Net Income from Continuing Ops | $470M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $423M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $423M |
| D&A | $0 |
| EBIT | $833M |
| EBITDA | $833M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $7.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $6.6B |
| SG&A Expenses | $6.6B |
| Other Expenses | -$71M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $833M |
| Interest Income | $7.5B |
| Interest Expense | $3.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $833M |
| Income Tax Expense | $363M |
| Net Income from Continuing Ops | $470M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $423M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $423M |
| D&A | $0 |
| EBIT | $833M |
| EBITDA | $833M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $423M |
| Depreciation & Amortization | $999M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8.6B |
| Change in Working Capital | -$2.9B |
| OPERATING CASH FLOW | -$10.1B |
| Capital Expenditure | -$117M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6.4B |
| NET CASH FROM INVESTING | $6.3B |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$635M |
| Other Financing Activities | -$16.9B |
| NET CASH FROM FINANCING | -$19.4B |
| FREE CASH FLOW | -$10.2B |
| Net Change in Cash | -$21.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $256.4B |
| Short-Term Investments | $49.5B |
| Net Receivables | $124.2B |
| Inventory | $0 |
| Other Current Assets | $963.6B |
| TOTAL CURRENT ASSETS | $1.4T |
| PP&E (Net) | $3.0B |
| Goodwill | $0 |
| Intangible Assets | $10.5B |
| Long-Term Investments | $256.7B |
| Tax Assets | -$10.5B |
| Other Non-Current Assets | $10.5B |
| TOTAL NON-CURRENT ASSETS | $270.2B |
| TOTAL ASSETS | $1.7T |
| Account Payables | $149.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | -$150.2B |
| TOTAL CURRENT LIABILITIES | $169.8B |
| Long-Term Debt | $191.8B |
| Deferred Revenue NC | -$1.3T |
| Deferred Tax Liabilities | $578M |
| Other Non-Current Liabilities | -$192.4B |
| TOTAL NON-CURRENT LIABILITIES | $192.4B |
| TOTAL LIABILITIES | $1.6T |
| Common Stock | $6.2B |
| Additional Paid-In Capital | $47.0B |
| Retained Earnings | $19.9B |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | $369M |
| Other Equity | $5.5B |
| TOTAL STOCKHOLDERS' EQUITY | $78.8B |
| Minority Interest | $1.8B |
| TOTAL EQUITY | $80.6B |
| TOTAL LIABILITIES & EQUITY | $1.7T |
| Total Debt | $212.5B |
| Net Debt | -$43.9B |
