| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | $7.8B | — | -14.3% | — |
| Op. Income | $588M | $813M | — | -27.8% | — |
| Gross Margin | 29.8% | 28.4% | — | 1.3pp | — |
| Net Margin | -8.0% | 6.5% | — | -14.5pp | — |
| EPS (Diluted) | $-1.66 | $1.57 | — | -205.7% | — |
| Free Cash Flow | -$1.8B | $647M | — | -384.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $357M |
| Selling & Marketing | $0 |
| General & Administrative | $705M |
| SG&A Expenses | $705M |
| Other Expenses | $343M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $588M |
| Interest Income | $0 |
| Interest Expense | $286M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $523M |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | -$535M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$535M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$535M |
| D&A | $463M |
| EBIT | $804M |
| EBITDA | $1.3B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$535M |
| Depreciation & Amortization | $463M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $480M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | -$1.3B |
| Capital Expenditure | -$542M |
| Acquisitions (Net) | -$5.1B |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | -$4.1B |
| Net Debt Issuance | -$145M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$193M |
| Other Financing Activities | $116M |
| NET CASH FROM FINANCING | -$231M |
| FREE CASH FLOW | -$1.8B |
| Net Change in Cash | -$5.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $462M |
| Net Receivables | $34.1B |
| Inventory | $6.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $45.1B |
| PP&E (Net) | $12.4B |
| Goodwill | $3.1B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $194M |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $21.5B |
| TOTAL ASSETS | $66.6B |
| Account Payables | $8.5B |
| Short-Term Debt | $14.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22.8B |
| Long-Term Debt | $26.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $590M |
| Other Non-Current Liabilities | $7.5B |
| TOTAL NON-CURRENT LIABILITIES | $34.5B |
| TOTAL LIABILITIES | $57.3B |
| Common Stock | $4.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $24.6B |
| Treasury Stock | -$15.4B |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $26M |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $66.6B |
| Total Debt | $40.6B |
| Net Debt | $36.7B |
