| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.0B | $20.2B | $17.8B | -0.9% | 12.6% |
| Op. Income | $5.7B | $3.3B | $5.5B | 74.0% | 3.7% |
| Gross Margin | 66.9% | 64.1% | 69.6% | 2.8pp | -2.6pp |
| Net Margin | 21.8% | -53.0% | 24.9% | 74.9pp | -3.1pp |
| EPS (Diluted) | $1.60 | $-3.99 | $1.61 | 140.1% | -0.6% |
| Free Cash Flow | $2.9B | $4.9B | $2.4B | -39.4% | 25.3% |
| Item | Amount |
|---|---|
| REVENUE | $20.0B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.7B |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $5.7B |
| Interest Income | $114M |
| Interest Expense | $259M |
| Other Income/Expenses | -$247M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $1.7B |
| EBIT | $5.7B |
| EBITDA | $7.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $20.0B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.7B |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $5.7B |
| Interest Income | $114M |
| Interest Expense | $259M |
| Other Income/Expenses | -$247M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $1.7B |
| EBIT | $5.7B |
| EBITDA | $7.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.4B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $268M |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | -$2.8B |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$658M |
| Acquisitions (Net) | -$82M |
| Purchases of Investments | -$548M |
| Sales/Maturities of Investments | $341M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | -$925M |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | $191M |
| NET CASH FROM FINANCING | -$6.0B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.6B |
| Short-Term Investments | $565M |
| Net Receivables | $14.2B |
| Inventory | $9.0B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $42.8B |
| PP&E (Net) | $17.0B |
| Goodwill | $31.1B |
| Intangible Assets | $52.4B |
| Long-Term Investments | $0 |
| Tax Assets | $8.8B |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $113.9B |
| TOTAL ASSETS | $156.6B |
| Account Payables | $6.4B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $27.1B |
| Long-Term Debt | $29.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.1B |
| Other Non-Current Liabilities | $28.4B |
| TOTAL NON-CURRENT LIABILITIES | $66.3B |
| TOTAL LIABILITIES | $93.4B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $104.3B |
| Treasury Stock | -$31.6B |
| Accum. Other Comp. Income | -$12.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $63.3B |
| TOTAL LIABILITIES & EQUITY | $156.6B |
| Total Debt | $32.5B |
| Net Debt | $17.9B |
