| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.3B | $5.1B | 0.1% | 3.9% |
| Op. Income | $773M | $845M | $845M | -8.5% | -8.5% |
| Gross Margin | 27.3% | 30.1% | 29.6% | -2.8pp | -2.3pp |
| Net Margin | 35.8% | 9.5% | 10.3% | 26.3pp | 25.5pp |
| EPS (Diluted) | $3.18 | $0.84 | $0.84 | 278.6% | 278.6% |
| Free Cash Flow | $29M | $341M | -$5M | -91.5% | 680.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $667M |
| Operating Expenses | $667M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $773M |
| Interest Income | $11M |
| Interest Expense | $19M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $738M |
| Income Tax Expense | -$1.1B |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $279M |
| EBIT | $757M |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $667M |
| Operating Expenses | $667M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $773M |
| Interest Income | $11M |
| Interest Expense | $19M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $738M |
| Income Tax Expense | -$1.1B |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $279M |
| EBIT | $757M |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $279M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | -$1.4B |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$148M |
| OPERATING CASH FLOW | $562M |
| Capital Expenditure | -$533M |
| Acquisitions (Net) | $520M |
| Purchases of Investments | -$727M |
| Sales/Maturities of Investments | $526M |
| Other Investing Activities | -$520M |
| NET CASH FROM INVESTING | -$734M |
| Net Debt Issuance | $542M |
| Common Stock Repurchased | -$350M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $207M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.8B |
| Net Receivables | $662M |
| Inventory | $420M |
| Other Current Assets | $460M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $18.5B |
| Goodwill | $970M |
| Intangible Assets | $413M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $373M |
| TOTAL NON-CURRENT ASSETS | $20.3B |
| TOTAL ASSETS | $25.1B |
| Account Payables | $186M |
| Short-Term Debt | $348M |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $1.1B |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $8.6B |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $808M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $14.6B |
| Treasury Stock | -$6.5B |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $25.1B |
| Total Debt | $3.7B |
| Net Debt | $2.2B |
