| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.3B | $13.2B | $13.8B | 8.3% | 3.8% |
| Op. Income | $760M | $577M | $791M | 31.7% | -3.9% |
| Gross Margin | 13.2% | — | — | — | — |
| Net Margin | 3.4% | 1.4% | 8.1% | 2.0pp | -4.7pp |
| EPS (Diluted) | $3.53 | $1.29 | $7.49 | 173.6% | -52.9% |
| Free Cash Flow | $3.6B | -$3.1B | $4.1B | 216.0% | -13.0% |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $11.6B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$53M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $760M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | $2.6B |
| INCOME BEFORE TAX | $707M |
| Income Tax Expense | $216M |
| Net Income from Continuing Ops | $491M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $491M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $491M |
| D&A | $139M |
| EBIT | $899M |
| EBITDA | $0 |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $11.6B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$53M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $760M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | $2.6B |
| INCOME BEFORE TAX | $707M |
| Income Tax Expense | $216M |
| Net Income from Continuing Ops | $491M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $491M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $491M |
| D&A | $139M |
| EBIT | $899M |
| EBITDA | $0 |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $491M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $83M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $2.9B |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$134M |
| Acquisitions (Net) | -$169M |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | -$405M |
| Net Debt Issuance | $245M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$57M |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $3.6B |
| Net Change in Cash | $4.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.1B |
| PP&E (Net) | $1.6B |
| Goodwill | $3.8B |
| Intangible Assets | $276M |
| Long-Term Investments | $12.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.6B |
| TOTAL NON-CURRENT ASSETS | $23.3B |
| TOTAL ASSETS | $33.5B |
| Account Payables | $5.0B |
| Short-Term Debt | $398M |
| Deferred Revenue | $3.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.5B |
| TOTAL NON-CURRENT LIABILITIES | $14.3B |
| TOTAL LIABILITIES | $23.4B |
| Common Stock | $33M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $14.1B |
| Treasury Stock | -$6.5B |
| Accum. Other Comp. Income | -$154M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $33.5B |
| Total Debt | $5.2B |
| Net Debt | -$3.7B |
