| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.2B | $17.0B | $16.1B | 13.0% | 18.7% |
| Op. Income | $7.3B | $5.3B | $5.1B | 39.4% | 43.7% |
| Gross Margin | 64.5% | 61.4% | 62.3% | 3.1pp | 2.2pp |
| Net Margin | 33.4% | 29.5% | 28.0% | 3.9pp | 5.4pp |
| EPS (Diluted) | $1.38 | $1.05 | $0.94 | 31.4% | 46.8% |
| Free Cash Flow | $5.0B | $2.9B | $3.3B | 72.9% | 51.7% |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | -$22M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $7.3B |
| Interest Income | $109M |
| Interest Expense | $109M |
| Other Income/Expenses | -$207M |
| INCOME BEFORE TAX | $7.1B |
| Income Tax Expense | $744M |
| Net Income from Continuing Ops | $6.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.4B |
| D&A | $2.3B |
| EBIT | $7.3B |
| EBITDA | $9.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | -$22M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $7.3B |
| Interest Income | $109M |
| Interest Expense | $109M |
| Other Income/Expenses | -$207M |
| INCOME BEFORE TAX | $7.1B |
| Income Tax Expense | $744M |
| Net Income from Continuing Ops | $6.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.4B |
| D&A | $2.3B |
| EBIT | $7.3B |
| EBITDA | $9.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.4B |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $383M |
| Deferred Income Tax | -$75M |
| Other Non-Cash Items | $283M |
| Change in Working Capital | -$428M |
| OPERATING CASH FLOW | $8.8B |
| Capital Expenditure | -$3.9B |
| Acquisitions (Net) | -$256M |
| Purchases of Investments | -$3.3B |
| Sales/Maturities of Investments | $4.1B |
| Other Investing Activities | -$93M |
| NET CASH FROM INVESTING | -$3.4B |
| Net Debt Issuance | -$620M |
| Common Stock Repurchased | -$2.7B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | -$4.6B |
| FREE CASH FLOW | $5.0B |
| Net Change in Cash | $793M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $9.8B |
| Net Receivables | $5.5B |
| Inventory | $7.4B |
| Other Current Assets | $3.5B |
| TOTAL CURRENT ASSETS | $29.6B |
| PP&E (Net) | $47.1B |
| Goodwill | $24.5B |
| Intangible Assets | $12.0B |
| Long-Term Investments | $11.1B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $98.7B |
| TOTAL ASSETS | $128.2B |
| Account Payables | $3.6B |
| Short-Term Debt | $3.1B |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $9.8B |
| TOTAL CURRENT LIABILITIES | $19.6B |
| Long-Term Debt | $24.8B |
| Deferred Revenue NC | $2.2B |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $37.2B |
| TOTAL LIABILITIES | $56.8B |
| Common Stock | $25.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $47.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $71.5B |
| TOTAL LIABILITIES & EQUITY | $128.2B |
| Total Debt | $27.9B |
| Net Debt | $24.5B |
