| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.8B | — | $6.3B | — | 23.8% |
| Op. Income | $813M | — | $426M | — | 91.1% |
| Gross Margin | 28.4% | — | 28.0% | — | 0.4pp |
| Net Margin | 6.5% | — | 4.5% | — | 2.0pp |
| EPS (Diluted) | $1.57 | — | $0.90 | — | 74.4% |
| Free Cash Flow | $647M | — | $1.6B | — | -59.7% |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $397M |
| Selling & Marketing | $0 |
| General & Administrative | $841M |
| SG&A Expenses | $841M |
| Other Expenses | $171M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $813M |
| Interest Income | $0 |
| Interest Expense | $248M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $733M |
| Income Tax Expense | $222M |
| Net Income from Continuing Ops | $511M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $510M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $510M |
| D&A | $437M |
| EBIT | $1.0B |
| EBITDA | $1.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $397M |
| Selling & Marketing | $0 |
| General & Administrative | $841M |
| SG&A Expenses | $841M |
| Other Expenses | $171M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $813M |
| Interest Income | $0 |
| Interest Expense | $248M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $733M |
| Income Tax Expense | $222M |
| Net Income from Continuing Ops | $511M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $510M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $510M |
| D&A | $437M |
| EBIT | $1.0B |
| EBITDA | $1.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $511M |
| Depreciation & Amortization | $437M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $178M |
| Other Non-Cash Items | -$161M |
| Change in Working Capital | $490M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$823M |
| Acquisitions (Net) | -$284M |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$210M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $2.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$193M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | $2.6B |
| FREE CASH FLOW | $647M |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $452M |
| Net Receivables | $33.2B |
| Inventory | $3.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46.9B |
| PP&E (Net) | $11.7B |
| Goodwill | $1.0B |
| Intangible Assets | $218M |
| Long-Term Investments | $183M |
| Tax Assets | $2.4B |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $65.8B |
| Account Payables | $2.1B |
| Short-Term Debt | $14.2B |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $21.8B |
| Long-Term Debt | $25.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $210M |
| Other Non-Current Liabilities | $8.3B |
| TOTAL NON-CURRENT LIABILITIES | $34.4B |
| TOTAL LIABILITIES | $56.2B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $25.3B |
| Treasury Stock | -$15.5B |
| Accum. Other Comp. Income | -$4.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $17M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $65.8B |
| Total Debt | $40.0B |
| Net Debt | $30.7B |
