| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.8B | $10.1B | $10.0B | 7.1% | 8.6% |
| Op. Income | $1.7B | $1.5B | $1.6B | 11.2% | 6.4% |
| Gross Margin | 30.9% | 30.3% | 31.1% | 0.6pp | -0.2pp |
| Net Margin | -22.2% | 13.3% | 10.4% | -35.5pp | -32.6pp |
| EPS (Diluted) | $-3.18 | $1.74 | $1.34 | -282.8% | -337.3% |
| Free Cash Flow | $1.8B | $1.2B | $1.7B | 46.8% | 3.4% |
| Item | Amount |
|---|---|
| REVENUE | $10.8B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $9.1B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $81M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $4.0B |
| Net Income from Continuing Ops | -$2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.4B |
| D&A | $283M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2.4B |
| Depreciation & Amortization | $283M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $2.4B |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | $116M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$418M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $945M |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$565M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$330M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.1B |
| Short-Term Investments | $3.8B |
| Net Receivables | $8.9B |
| Inventory | $4.6B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $26.0B |
| PP&E (Net) | $5.9B |
| Goodwill | $18.3B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $667M |
| Tax Assets | $251M |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $33.5B |
| TOTAL ASSETS | $59.5B |
| Account Payables | $6.6B |
| Short-Term Debt | $5.3B |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $18.9B |
| Long-Term Debt | $12.6B |
| Deferred Revenue NC | $76M |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $8.6B |
| TOTAL NON-CURRENT LIABILITIES | $23.9B |
| TOTAL LIABILITIES | $42.8B |
| Common Stock | $958M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $27.5B |
| Treasury Stock | -$15.9B |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.5B |
| Minority Interest | $168M |
| TOTAL EQUITY | $16.7B |
| TOTAL LIABILITIES & EQUITY | $59.5B |
| Total Debt | $17.9B |
| Net Debt | $10.8B |
