| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.8B | $20.0B | $18.8B | 4.1% | 10.6% |
| Op. Income | $5.5B | $5.7B | $5.4B | -3.6% | 2.1% |
| Gross Margin | 66.7% | 66.9% | 69.0% | -0.2pp | -2.2pp |
| Net Margin | 19.0% | 21.8% | 20.3% | -2.8pp | -1.3pp |
| EPS (Diluted) | $1.45 | $1.60 | $1.40 | -9.4% | 3.6% |
| Free Cash Flow | $5.2B | $2.9B | $5.1B | 76.5% | 2.4% |
| Item | Amount |
|---|---|
| REVENUE | $20.8B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $13.9B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $5.7B |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $8.4B |
| Cost & Expenses | $15.3B |
| OPERATING INCOME | $5.5B |
| Interest Income | $126M |
| Interest Expense | $253M |
| Other Income/Expenses | -$548M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $1.7B |
| EBIT | $5.2B |
| EBITDA | $6.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.8B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $13.9B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $5.7B |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $8.4B |
| Cost & Expenses | $15.3B |
| OPERATING INCOME | $5.5B |
| Interest Income | $126M |
| Interest Expense | $253M |
| Other Income/Expenses | -$548M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $1.7B |
| EBIT | $5.2B |
| EBITDA | $6.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.0B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $312M |
| Deferred Income Tax | -$329M |
| Other Non-Cash Items | -$412M |
| Change in Working Capital | $837M |
| OPERATING CASH FLOW | $6.1B |
| Capital Expenditure | -$875M |
| Acquisitions (Net) | -$140M |
| Purchases of Investments | -$403M |
| Sales/Maturities of Investments | $402M |
| Other Investing Activities | $815M |
| NET CASH FROM INVESTING | -$201M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | -$145M |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | -$166M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $5.2B |
| Net Change in Cash | $2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.6B |
| Short-Term Investments | $570M |
| Net Receivables | $14.1B |
| Inventory | $8.8B |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $45.4B |
| PP&E (Net) | $16.6B |
| Goodwill | $30.3B |
| Intangible Assets | $50.1B |
| Long-Term Investments | $0 |
| Tax Assets | $8.5B |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $109.9B |
| TOTAL ASSETS | $155.4B |
| Account Payables | $6.5B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $928M |
| TOTAL CURRENT LIABILITIES | $27.5B |
| Long-Term Debt | $29.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.7B |
| Other Non-Current Liabilities | $27.9B |
| TOTAL NON-CURRENT LIABILITIES | $65.0B |
| TOTAL LIABILITIES | $92.5B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $106.1B |
| Treasury Stock | -$31.6B |
| Accum. Other Comp. Income | -$14.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $62.9B |
| TOTAL LIABILITIES & EQUITY | $155.4B |
| Total Debt | $32.1B |
| Net Debt | $14.5B |
