| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $5.3B | $4.9B | -6.3% | 1.2% |
| Op. Income | $616M | $773M | $606M | -20.3% | 1.7% |
| Gross Margin | 25.1% | 27.3% | 26.5% | -2.2pp | -1.4pp |
| Net Margin | 9.4% | 35.8% | 7.2% | -26.4pp | 2.2pp |
| EPS (Diluted) | $0.79 | $3.18 | $0.57 | -75.2% | 38.6% |
| Free Cash Flow | $569M | $29M | $1.2B | 1862.1% | -51.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $625M |
| Operating Expenses | $625M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $616M |
| Interest Income | $12M |
| Interest Expense | $22M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $602M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $463M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $463M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $463M |
| D&A | $277M |
| EBIT | $624M |
| EBITDA | $901M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $625M |
| Operating Expenses | $625M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $616M |
| Interest Income | $12M |
| Interest Expense | $22M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $602M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $463M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $463M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $463M |
| D&A | $277M |
| EBIT | $624M |
| EBITDA | $901M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $463M |
| Depreciation & Amortization | $277M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $72M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $172M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$433M |
| Acquisitions (Net) | $409M |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $560M |
| Other Investing Activities | -$409M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$82M |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$148M |
| Other Financing Activities | $119M |
| NET CASH FROM FINANCING | -$602M |
| FREE CASH FLOW | $569M |
| Net Change in Cash | $327M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.4B |
| Net Receivables | $680M |
| Inventory | $430M |
| Other Current Assets | $448M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $18.8B |
| Goodwill | $970M |
| Intangible Assets | $410M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $549M |
| TOTAL NON-CURRENT ASSETS | $20.7B |
| TOTAL ASSETS | $25.5B |
| Account Payables | $189M |
| Short-Term Debt | $365M |
| Deferred Revenue | $4.4B |
| Other Current Liabilities | $772M |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $15.9B |
| Common Stock | $808M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $14.2B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | $78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $25.5B |
| Total Debt | $3.6B |
| Net Debt | $1.8B |
