| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $6.4B | $5.0B | -20.9% | 2.6% |
| Op. Income | $1.3B | $1.6B | $1.4B | -21.0% | -10.4% |
| Gross Margin | 77.6% | 75.2% | 76.5% | 2.4pp | 1.1pp |
| Net Margin | 83.3% | 17.5% | 24.5% | 65.8pp | 58.8pp |
| EPS (Diluted) | $4.31 | $1.10 | $1.16 | 291.8% | 271.6% |
| Free Cash Flow | -$89M | $825M | $200M | -110.8% | -144.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.7B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $1.3B |
| Interest Income | $31M |
| Interest Expense | $87M |
| Other Income/Expenses | -$531M |
| INCOME BEFORE TAX | $731M |
| Income Tax Expense | $170M |
| Net Income from Continuing Ops | $561M |
| Net Income from Discontinued Ops | $3.7B |
| Other Adjustments | $0 |
| NET INCOME | $4.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.2B |
| D&A | $357M |
| EBIT | $818M |
| EBITDA | $1.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.7B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $1.3B |
| Interest Income | $31M |
| Interest Expense | $87M |
| Other Income/Expenses | -$531M |
| INCOME BEFORE TAX | $731M |
| Income Tax Expense | $170M |
| Net Income from Continuing Ops | $561M |
| Net Income from Discontinued Ops | $3.7B |
| Other Adjustments | $0 |
| NET INCOME | $4.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.2B |
| D&A | $357M |
| EBIT | $818M |
| EBITDA | $1.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $4.2B |
| Depreciation & Amortization | $357M |
| Stock-Based Compensation | $76M |
| Deferred Income Tax | -$72M |
| Other Non-Cash Items | -$3.6B |
| Change in Working Capital | -$714M |
| OPERATING CASH FLOW | $311M |
| Capital Expenditure | -$401M |
| Acquisitions (Net) | -$6.9B |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$583M |
| NET CASH FROM INVESTING | -$7.7B |
| Net Debt Issuance | $5.7B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$637M |
| Other Financing Activities | -$194M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$89M |
| Net Change in Cash | -$6.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $101M |
| Net Receivables | $5.2B |
| Inventory | $3.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.6B |
| PP&E (Net) | $8.3B |
| Goodwill | $3.9B |
| Intangible Assets | $6.6B |
| Long-Term Investments | $2.1B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $25.4B |
| TOTAL ASSETS | $38.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $13.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $7.7B |
| TOTAL NON-CURRENT LIABILITIES | $24.2B |
| TOTAL LIABILITIES | $35.4B |
| Common Stock | $607M |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | $4.9B |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | -$5.7B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $85M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $38.0B |
| Total Debt | $16.5B |
| Net Debt | $14.4B |
