| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $6.5B | $7.3B | -8.6% | -18.7% |
| Op. Income | $2.3B | $3.8B | $4.0B | -39.9% | -43.4% |
| Gross Margin | 78.9% | 84.2% | 85.3% | -5.3pp | -6.4pp |
| Net Margin | -65.0% | 41.7% | 42.5% | -106.7pp | -107.4pp |
| EPS (Diluted) | $-2.96 | $2.06 | $2.34 | -243.7% | -226.5% |
| Free Cash Flow | $2.5B | $2.6B | $3.3B | -1.2% | -23.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $297M |
| Other Income/Expenses | -$165M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $6.0B |
| Net Income from Continuing Ops | -$3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.9B |
| D&A | $397M |
| EBIT | $2.4B |
| EBITDA | $2.8B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3.8B |
| Depreciation & Amortization | $397M |
| Stock-Based Compensation | $334M |
| Deferred Income Tax | -$209M |
| Other Non-Cash Items | $77M |
| Change in Working Capital | $6.0B |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$220M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $5.1B |
| Other Investing Activities | -$10.4B |
| NET CASH FROM INVESTING | -$10.0B |
| Net Debt Issuance | $4.3B |
| Common Stock Repurchased | -$106M |
| Common Dividends Paid | -$682M |
| Other Financing Activities | -$189M |
| NET CASH FROM FINANCING | $3.3B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$3.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.6B |
| Short-Term Investments | $17.9B |
| Net Receivables | $3.9B |
| Inventory | $801M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.8B |
| PP&E (Net) | $3.3B |
| Goodwill | $4.2B |
| Intangible Assets | $17.1B |
| Long-Term Investments | $11.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $38.5B |
| TOTAL ASSETS | $70.3B |
| Account Payables | $814M |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $455M |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $30.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.4B |
| TOTAL NON-CURRENT LIABILITIES | $38.1B |
| TOTAL LIABILITIES | $49.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $19.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $165M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.4B |
| Minority Interest | $59M |
| TOTAL EQUITY | $20.5B |
| TOTAL LIABILITIES & EQUITY | $70.3B |
| Total Debt | $33.5B |
| Net Debt | $26.0B |
