| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.5B | $19.2B | $21.8B | 17.7% | 3.5% |
| Op. Income | $4.7B | $3.4B | $5.0B | 36.9% | -7.0% |
| Gross Margin | 48.2% | 46.9% | 50.0% | 1.3pp | -1.9pp |
| Net Margin | -4.7% | 14.2% | 20.7% | -18.9pp | -25.4pp |
| EPS (Diluted) | $-1.13 | $2.92 | $4.72 | -138.7% | -123.9% |
| Free Cash Flow | $4.6B | $2.6B | $2.5B | 79.4% | 82.7% |
| Item | Amount |
|---|---|
| REVENUE | $22.5B |
| Cost of Revenue | $11.7B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $355M |
| General & Administrative | $4.7B |
| SG&A Expenses | $5.0B |
| Other Expenses | -$234M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $17.9B |
| OPERATING INCOME | $4.7B |
| Interest Income | $42M |
| Interest Expense | $164M |
| Other Income/Expenses | -$183M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $5.5B |
| Net Income from Continuing Ops | -$1.1B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$1.1B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | -$1.1B |
| D&A | $1.1B |
| EBIT | $4.6B |
| EBITDA | $5.8B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.1B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $146M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $6.5B |
| OPERATING CASH FLOW | $5.7B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$294M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$2.5B |
| NET CASH FROM INVESTING | -$3.8B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$706M |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$919M |
| FREE CASH FLOW | $4.6B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.0B |
| Short-Term Investments | $608M |
| Net Receivables | $31.6B |
| Inventory | $1.6B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $49.7B |
| PP&E (Net) | $11.1B |
| Goodwill | $36.8B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $4.9B |
| Tax Assets | $4.9B |
| Other Non-Current Assets | $14.2B |
| TOTAL NON-CURRENT ASSETS | $75.6B |
| TOTAL ASSETS | $125.4B |
| Account Payables | $6.5B |
| Short-Term Debt | $7.0B |
| Deferred Revenue | $11.6B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $37.4B |
| Long-Term Debt | $39.8B |
| Deferred Revenue NC | $3.7B |
| Deferred Tax Liabilities | $545M |
| Other Non-Current Liabilities | $26.1B |
| TOTAL NON-CURRENT LIABILITIES | $70.3B |
| TOTAL LIABILITIES | $107.6B |
| Common Stock | $54.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $153.1B |
| Treasury Stock | -$163.5B |
| Accum. Other Comp. Income | -$26.6B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $17.6B |
| Minority Interest | $131M |
| TOTAL EQUITY | $17.7B |
| TOTAL LIABILITIES & EQUITY | $125.4B |
| Total Debt | $46.8B |
| Net Debt | $34.9B |
