| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.5B | — | $13.2B | — | 62.7% |
| Op. Income | $2.9B | — | $1.7B | — | 70.7% |
| Gross Margin | 25.1% | — | 21.8% | — | 3.3pp |
| Net Margin | 5.1% | — | 6.7% | — | -1.6pp |
| EPS (Diluted) | $1.41 | — | $2.16 | — | -34.7% |
| Free Cash Flow | -$2.9B | — | -$278M | — | -947.8% |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $768M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $2.9B |
| Interest Income | $55M |
| Interest Expense | $350M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $389M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | -$6M |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.5B |
| EBIT | $1.9B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $768M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $2.9B |
| Interest Income | $55M |
| Interest Expense | $350M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $389M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | -$6M |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.5B |
| EBIT | $1.9B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$6.0B |
| OPERATING CASH FLOW | -$2.1B |
| Capital Expenditure | -$776M |
| Acquisitions (Net) | $33M |
| Purchases of Investments | -$786M |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $443M |
| NET CASH FROM INVESTING | $290M |
| Net Debt Issuance | $364M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$880M |
| Other Financing Activities | -$135M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | -$2.9B |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.3B |
| Short-Term Investments | $257M |
| Net Receivables | $19.8B |
| Inventory | $17.5B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $49.7B |
| PP&E (Net) | $36.1B |
| Goodwill | $60.5B |
| Intangible Assets | $33.0B |
| Long-Term Investments | $7.8B |
| Tax Assets | $1.8B |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $142.7B |
| TOTAL ASSETS | $192.4B |
| Account Payables | $8.8B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $26.6B |
| Long-Term Debt | $29.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.1B |
| Other Non-Current Liabilities | $27.4B |
| TOTAL NON-CURRENT LIABILITIES | $62.9B |
| TOTAL LIABILITIES | $89.5B |
| Common Stock | $23M |
| Additional Paid-In Capital | $81.5B |
| Retained Earnings | $29.4B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$7.5B |
| Other Equity | -$150M |
| TOTAL STOCKHOLDERS' EQUITY | $101.3B |
| Minority Interest | $1.7B |
| TOTAL EQUITY | $102.9B |
| TOTAL LIABILITIES & EQUITY | $192.4B |
| Total Debt | $34.5B |
| Net Debt | $24.2B |
