| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $5.7B | $5.8B | 8.9% | 6.9% |
| Op. Income | $769M | $1.2B | $1.1B | -36.9% | -27.1% |
| Gross Margin | 73.6% | 72.0% | 74.6% | 1.7pp | -0.9pp |
| Net Margin | -26.9% | 9.8% | 13.4% | -36.7pp | -40.3pp |
| EPS (Diluted) | $-1.50 | $0.50 | $0.70 | -400.0% | -314.3% |
| Free Cash Flow | $1.3B | $1.4B | $1.7B | -12.8% | -24.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $2.3B |
| SG&A Expenses | $2.3B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $769M |
| Interest Income | $53M |
| Interest Expense | $63M |
| Other Income/Expenses | -$484M |
| INCOME BEFORE TAX | $284M |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | -$1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.7B |
| D&A | $412M |
| EBIT | $347M |
| EBITDA | $759M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.7B |
| Depreciation & Amortization | $412M |
| Stock-Based Compensation | $72M |
| Deferred Income Tax | -$940M |
| Other Non-Cash Items | $126M |
| Change in Working Capital | $3.7B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$494M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $1.7B |
| Net Debt Issuance | $171M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$548M |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | -$542M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $1.5B |
| Net Receivables | $5.3B |
| Inventory | $4.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19.2B |
| PP&E (Net) | $8.8B |
| Goodwill | $4.4B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $5.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $25.8B |
| TOTAL ASSETS | $45.0B |
| Account Payables | $1.4B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $14.5B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $18.8B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $688M |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | $13.9B |
| Treasury Stock | -$76M |
| Accum. Other Comp. Income | -$5.7B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $11.6B |
| Minority Interest | $76M |
| TOTAL EQUITY | $11.7B |
| TOTAL LIABILITIES & EQUITY | $45.0B |
| Total Debt | $13.6B |
| Net Debt | $7.1B |
