| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.5B | $6.7B | — | 56.8% | — |
| Op. Income | $1.5B | $588M | — | 149.9% | — |
| Gross Margin | 30.2% | 29.8% | — | 0.4pp | — |
| Net Margin | 11.5% | -8.0% | — | 19.5pp | — |
| EPS (Diluted) | $3.67 | $-1.66 | — | 321.1% | — |
| Free Cash Flow | -$662M | -$1.8B | — | 64.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $415M |
| Selling & Marketing | $0 |
| General & Administrative | $939M |
| SG&A Expenses | $939M |
| Other Expenses | $345M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $9.0B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $304M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $177M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $488M |
| EBIT | $1.7B |
| EBITDA | $2.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $415M |
| Selling & Marketing | $0 |
| General & Administrative | $939M |
| SG&A Expenses | $939M |
| Other Expenses | $345M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $9.0B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $304M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $177M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $488M |
| EBIT | $1.7B |
| EBITDA | $2.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $488M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $125M |
| Other Non-Cash Items | -$105M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$737M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$262M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$194M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | -$662M |
| Net Change in Cash | $286M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $479M |
| Net Receivables | $36.7B |
| Inventory | $6.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48.2B |
| PP&E (Net) | $12.5B |
| Goodwill | $3.2B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $202M |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $21.6B |
| TOTAL ASSETS | $69.9B |
| Account Payables | $9.8B |
| Short-Term Debt | $15.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25.2B |
| Long-Term Debt | $26.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $563M |
| Other Non-Current Liabilities | $7.4B |
| TOTAL NON-CURRENT LIABILITIES | $34.2B |
| TOTAL LIABILITIES | $59.4B |
| Common Stock | $4.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $25.6B |
| Treasury Stock | -$15.4B |
| Accum. Other Comp. Income | -$4.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $24M |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $69.9B |
| Total Debt | $41.6B |
| Net Debt | $37.4B |
