| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $4.0B | $4.3B | 32.0% | 24.1% |
| Op. Income | $524M | $487M | $392M | 7.6% | 33.7% |
| Gross Margin | 53.1% | 52.2% | 55.0% | 0.8pp | -2.0pp |
| Net Margin | 21.0% | 2.3% | 1.0% | 18.7pp | 20.0pp |
| EPS (Diluted) | $1.26 | $0.17 | $0.08 | 641.2% | 1475.0% |
| Free Cash Flow | $434M | $205M | $125M | 111.7% | 247.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $218M |
| General & Administrative | $886M |
| SG&A Expenses | $1.1B |
| Other Expenses | $11M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $524M |
| Interest Income | $0 |
| Interest Expense | $481M |
| Other Income/Expenses | -$470M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | -$1.1B |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.2B |
| EBIT | $535M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $218M |
| General & Administrative | $886M |
| SG&A Expenses | $1.1B |
| Other Expenses | $11M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $524M |
| Interest Income | $0 |
| Interest Expense | $481M |
| Other Income/Expenses | -$470M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | -$1.1B |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.2B |
| EBIT | $535M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | -$950M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$236M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$743M |
| Acquisitions (Net) | -$7.3B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$8.0B |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$572M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $434M |
| Net Change in Cash | -$5.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $551M |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $128M |
| Other Current Assets | $406M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $26.9B |
| Goodwill | $30.5B |
| Intangible Assets | $12.8B |
| Long-Term Investments | $150M |
| Tax Assets | -$150M |
| Other Non-Current Assets | $14.1B |
| TOTAL NON-CURRENT ASSETS | $71.4B |
| TOTAL ASSETS | $75.6B |
| Account Payables | $1.6B |
| Short-Term Debt | $443M |
| Deferred Revenue | $892M |
| Other Current Liabilities | $932M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $37.3B |
| Deferred Revenue NC | -$2.4B |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $7.6B |
| TOTAL NON-CURRENT LIABILITIES | $47.3B |
| TOTAL LIABILITIES | $52.1B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $23.3B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.4B |
| TOTAL LIABILITIES & EQUITY | $75.6B |
| Total Debt | $37.7B |
| Net Debt | $37.2B |
