| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.0B | $5.8B | 12.5% | -4.1% |
| Op. Income | $1.6B | $1.4B | $1.3B | 17.0% | 25.4% |
| Gross Margin | 77.9% | 76.5% | 73.0% | 1.4pp | 4.9pp |
| Net Margin | -4.7% | 24.5% | 17.3% | -29.2pp | -22.0pp |
| EPS (Diluted) | $-0.25 | $1.16 | $0.91 | -121.6% | -127.5% |
| Free Cash Flow | -$341M | $200M | $1.4B | -270.4% | -123.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.7B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $1.6B |
| Interest Income | $41M |
| Interest Expense | $63M |
| Other Income/Expenses | -$1.6B |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $273M |
| Net Income from Continuing Ops | -$232M |
| Net Income from Discontinued Ops | -$28M |
| Other Adjustments | $0 |
| NET INCOME | -$260M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$260M |
| D&A | $425M |
| EBIT | $105M |
| EBITDA | $530M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$260M |
| Depreciation & Amortization | $425M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $158M |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | -$662M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | -$1.5B |
| Purchases of Investments | -$115M |
| Sales/Maturities of Investments | $5.1B |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | $3.1B |
| Net Debt Issuance | $753M |
| Common Stock Repurchased | -$951M |
| Common Dividends Paid | -$579M |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | -$831M |
| FREE CASH FLOW | -$341M |
| Net Change in Cash | $3.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $92M |
| Net Receivables | $5.6B |
| Inventory | $4.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18.3B |
| PP&E (Net) | $8.8B |
| Goodwill | $4.3B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $2.1B |
| Tax Assets | $3.3B |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $24.0B |
| TOTAL ASSETS | $42.4B |
| Account Payables | $1.3B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $13.1B |
| Long-Term Debt | $9.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.5B |
| TOTAL NON-CURRENT LIABILITIES | $17.7B |
| TOTAL LIABILITIES | $30.7B |
| Common Stock | $674M |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | $14.2B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$6.1B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $11.6B |
| Minority Interest | $66M |
| TOTAL EQUITY | $11.6B |
| TOTAL LIABILITIES & EQUITY | $42.4B |
| Total Debt | $12.2B |
| Net Debt | $5.4B |
