| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.0B | $16.1B | $14.8B | 5.6% | 14.9% |
| Op. Income | $5.3B | $4.5B | $3.8B | 18.0% | 37.8% |
| Gross Margin | 61.4% | 60.6% | 61.6% | 0.9pp | -0.2pp |
| Net Margin | 29.5% | 27.7% | 19.0% | 1.8pp | 10.5pp |
| EPS (Diluted) | $1.05 | $0.93 | $0.58 | 12.9% | 81.0% |
| Free Cash Flow | $2.9B | $3.4B | $2.0B | -14.6% | 41.0% |
| Item | Amount |
|---|---|
| REVENUE | $17.0B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $10.4B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $50M |
| Operating Expenses | $5.1B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $5.3B |
| Interest Income | $108M |
| Interest Expense | $116M |
| Other Income/Expenses | $256M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $523M |
| Net Income from Continuing Ops | $5.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.0B |
| D&A | $2.1B |
| EBIT | $5.3B |
| EBITDA | $7.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $17.0B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $10.4B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $50M |
| Operating Expenses | $5.1B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $5.3B |
| Interest Income | $108M |
| Interest Expense | $116M |
| Other Income/Expenses | $256M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $523M |
| Net Income from Continuing Ops | $5.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.0B |
| D&A | $2.1B |
| EBIT | $5.3B |
| EBITDA | $7.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5.0B |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $387M |
| Deferred Income Tax | $92M |
| Other Non-Cash Items | -$255M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $7.4B |
| Capital Expenditure | -$4.5B |
| Acquisitions (Net) | -$46M |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $5.0B |
| Other Investing Activities | $232M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$993M |
| Common Stock Repurchased | -$3.9B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$874M |
| NET CASH FROM FINANCING | -$7.2B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | -$940M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $9.6B |
| Net Receivables | $4.6B |
| Inventory | $7.3B |
| Other Current Assets | $3.4B |
| TOTAL CURRENT ASSETS | $27.6B |
| PP&E (Net) | $45.9B |
| Goodwill | $24.4B |
| Intangible Assets | $12.1B |
| Long-Term Investments | $12.3B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $98.4B |
| TOTAL ASSETS | $126.0B |
| Account Payables | $4.1B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $17.6B |
| Long-Term Debt | $24.6B |
| Deferred Revenue NC | $2.4B |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $9.7B |
| TOTAL NON-CURRENT LIABILITIES | $38.4B |
| TOTAL LIABILITIES | $55.9B |
| Common Stock | $25.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $45.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.0B |
| TOTAL LIABILITIES & EQUITY | $126.0B |
| Total Debt | $28.1B |
| Net Debt | $25.5B |
