| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.1B | $17.1B | $14.8B | -5.8% | 8.6% |
| Op. Income | $4.5B | $5.6B | $3.6B | -20.1% | 24.2% |
| Gross Margin | 60.6% | 63.1% | 61.8% | -2.6pp | -1.3pp |
| Net Margin | 27.7% | -4.0% | 20.0% | 31.8pp | 7.7pp |
| EPS (Diluted) | $0.93 | $-0.15 | $0.61 | 720.0% | 52.5% |
| Free Cash Flow | $3.4B | $3.2B | $1.8B | 6.4% | 84.3% |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $3.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $50M |
| Operating Expenses | $5.3B |
| Cost & Expenses | $11.6B |
| OPERATING INCOME | $4.5B |
| Interest Income | $91M |
| Interest Expense | $112M |
| Other Income/Expenses | $541M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $557M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $2.2B |
| EBIT | $4.5B |
| EBITDA | $6.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $3.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $50M |
| Operating Expenses | $5.3B |
| Cost & Expenses | $11.6B |
| OPERATING INCOME | $4.5B |
| Interest Income | $91M |
| Interest Expense | $112M |
| Other Income/Expenses | $541M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $557M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $2.2B |
| EBIT | $4.5B |
| EBITDA | $6.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $2.2B |
| Stock-Based Compensation | $433M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$643M |
| Change in Working Capital | -$157M |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$2.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.3B |
| Sales/Maturities of Investments | $4.7B |
| Other Investing Activities | -$277M |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $127M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $121M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $12.6B |
| Net Receivables | $4.9B |
| Inventory | $7.1B |
| Other Current Assets | $3.4B |
| TOTAL CURRENT ASSETS | $31.6B |
| PP&E (Net) | $43.7B |
| Goodwill | $24.3B |
| Intangible Assets | $12.4B |
| Long-Term Investments | $12.9B |
| Tax Assets | $982M |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $97.0B |
| TOTAL ASSETS | $128.6B |
| Account Payables | $4.4B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $20.0B |
| Long-Term Debt | $24.8B |
| Deferred Revenue NC | $2.5B |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $9.7B |
| TOTAL NON-CURRENT LIABILITIES | $38.5B |
| TOTAL LIABILITIES | $58.4B |
| Common Stock | $26.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $44.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$683M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.2B |
| TOTAL LIABILITIES & EQUITY | $128.6B |
| Total Debt | $28.6B |
| Net Debt | $25.1B |
