| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $6.2B | $5.2B | -19.4% | -5.1% |
| Op. Income | $1.4B | $769M | $1.1B | 83.3% | 26.1% |
| Gross Margin | 76.5% | 73.6% | 74.2% | 2.9pp | 2.3pp |
| Net Margin | 24.5% | -26.9% | -2.1% | 51.4pp | 26.6pp |
| EPS (Diluted) | $1.16 | $-1.50 | $-0.10 | 177.3% | 1260.0% |
| Free Cash Flow | $200M | $1.3B | $171M | -84.0% | 17.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $1.4B |
| Interest Income | $46M |
| Interest Expense | $61M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $50M |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $423M |
| EBIT | $1.4B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $1.4B |
| Interest Income | $46M |
| Interest Expense | $61M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $50M |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $423M |
| EBIT | $1.4B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $423M |
| Stock-Based Compensation | $68M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $437M |
| Capital Expenditure | -$237M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$674M |
| Sales/Maturities of Investments | $761M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$170M |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$587M |
| Other Financing Activities | -$176M |
| NET CASH FROM FINANCING | -$3.9B |
| FREE CASH FLOW | $200M |
| Net Change in Cash | -$3.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $1.7B |
| Net Receivables | $5.3B |
| Inventory | $4.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.3B |
| PP&E (Net) | $9.0B |
| Goodwill | $4.4B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $5.4B |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $28.1B |
| TOTAL ASSETS | $44.4B |
| Account Payables | $1.3B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $11.5B |
| Long-Term Debt | $9.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $18.2B |
| TOTAL LIABILITIES | $29.8B |
| Common Stock | $681M |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | $16.6B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$5.4B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $14.5B |
| Minority Interest | $61M |
| TOTAL EQUITY | $14.6B |
| TOTAL LIABILITIES & EQUITY | $44.4B |
| Total Debt | $11.7B |
| Net Debt | $8.6B |
