| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.3B | $14.3B | $13.5B | -0.1% | 5.4% |
| Op. Income | $862M | $760M | $1.1B | 13.4% | -21.6% |
| Gross Margin | 13.3% | 13.2% | — | 0.0pp | — |
| Net Margin | 1.4% | 3.4% | 4.8% | -2.1pp | -3.4pp |
| EPS (Diluted) | $1.39 | $3.53 | $4.46 | -60.6% | -68.8% |
| Free Cash Flow | -$263M | $3.6B | -$217M | -107.4% | -21.2% |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $11.5B |
| 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 | $13.4B |
| OPERATING INCOME | $862M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | $2.8B |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$174M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $130M |
| EBIT | $202M |
| EBITDA | $790M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $11.5B |
| 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 | $13.4B |
| OPERATING INCOME | $862M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | $2.8B |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$174M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $130M |
| EBIT | $202M |
| EBITDA | $790M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $193M |
| Depreciation & Amortization | $130M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$387M |
| Other Non-Cash Items | $760M |
| Change in Working Capital | -$855M |
| OPERATING CASH FLOW | -$125M |
| Capital Expenditure | -$138M |
| Acquisitions (Net) | -$185M |
| Purchases of Investments | -$913M |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $441M |
| NET CASH FROM INVESTING | $118M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | $96M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$263M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $1.6B |
| Goodwill | $3.9B |
| Intangible Assets | $284M |
| Long-Term Investments | $9.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.1B |
| TOTAL NON-CURRENT ASSETS | $24.7B |
| TOTAL ASSETS | $34.3B |
| Account Payables | $5.0B |
| Short-Term Debt | $398M |
| Deferred Revenue | $3.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.0B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.2B |
| TOTAL NON-CURRENT LIABILITIES | $15.0B |
| TOTAL LIABILITIES | $24.1B |
| Common Stock | $33M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $14.2B |
| Treasury Stock | -$6.5B |
| Accum. Other Comp. Income | -$176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $34.3B |
| Total Debt | $5.2B |
| Net Debt | -$2.9B |
