| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.3B | $13.4B | $12.3B | 6.9% | 16.0% |
| Op. Income | $2.0B | $1.8B | $1.4B | 9.4% | 37.5% |
| Gross Margin | 13.4% | 13.8% | 13.0% | -0.4pp | 0.5pp |
| Net Margin | 10.3% | 8.7% | 7.6% | 1.6pp | 2.7pp |
| EPS (Diluted) | $5.14 | $4.05 | $3.24 | 26.9% | 58.6% |
| Free Cash Flow | $22M | -$336M | $1.5B | 106.5% | -98.6% |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $12.4B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$42M |
| Operating Expenses | -$42M |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $177M |
| Other Income/Expenses | -$388M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $291M |
| EBIT | $1.8B |
| EBITDA | $2.0B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $12.4B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$42M |
| Operating Expenses | -$42M |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $177M |
| Other Income/Expenses | -$388M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $291M |
| EBIT | $1.8B |
| EBITDA | $2.0B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $291M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $236M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $361M |
| Capital Expenditure | -$339M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$344M |
| Net Debt Issuance | $490M |
| Common Stock Repurchased | -$216M |
| Common Dividends Paid | -$569M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$301M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$284M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $897M |
| Short-Term Investments | $0 |
| Net Receivables | $12.2B |
| Inventory | $3.0B |
| Other Current Assets | $727M |
| TOTAL CURRENT ASSETS | $16.9B |
| PP&E (Net) | $5.9B |
| Goodwill | $10.8B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $0 |
| Tax Assets | $3.0B |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $28.6B |
| TOTAL ASSETS | $45.5B |
| Account Payables | $2.7B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $6.5B |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $15.2B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.8B |
| TOTAL NON-CURRENT LIABILITIES | $29.3B |
| TOTAL LIABILITIES | $44.5B |
| Common Stock | $283M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $943M |
| Minority Interest | $59M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $45.5B |
| Total Debt | $14.7B |
| Net Debt | $13.8B |
