| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $5.6B | $5.3B | 2.3% | 8.2% |
| Op. Income | $820M | $798M | $773M | 2.8% | 6.1% |
| Gross Margin | 27.6% | 27.6% | 27.3% | 0.1pp | 0.3pp |
| Net Margin | 11.5% | 11.0% | 35.8% | 0.4pp | -24.3pp |
| EPS (Diluted) | $1.17 | $1.08 | $3.18 | 8.3% | -63.2% |
| Free Cash Flow | $446M | $809M | $29M | -44.9% | 1437.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $756M |
| Operating Expenses | $756M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $820M |
| Interest Income | $23M |
| Interest Expense | $23M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $817M |
| Income Tax Expense | $163M |
| Net Income from Continuing Ops | $654M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $654M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $654M |
| D&A | $331M |
| EBIT | $840M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $756M |
| Operating Expenses | $756M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $820M |
| Interest Income | $23M |
| Interest Expense | $23M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $817M |
| Income Tax Expense | $163M |
| Net Income from Continuing Ops | $654M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $654M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $654M |
| D&A | $331M |
| EBIT | $840M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $654M |
| Depreciation & Amortization | $331M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$184M |
| Change in Working Capital | $195M |
| OPERATING CASH FLOW | $989M |
| Capital Expenditure | -$543M |
| Acquisitions (Net) | $538M |
| Purchases of Investments | -$802M |
| Sales/Maturities of Investments | $678M |
| Other Investing Activities | -$538M |
| NET CASH FROM INVESTING | -$667M |
| Net Debt Issuance | -$87M |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$572M |
| FREE CASH FLOW | $446M |
| Net Change in Cash | -$250M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1.8B |
| Net Receivables | $568M |
| Inventory | $461M |
| Other Current Assets | $310M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $19.5B |
| Goodwill | $970M |
| Intangible Assets | $399M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $320M |
| TOTAL NON-CURRENT ASSETS | $21.2B |
| TOTAL ASSETS | $26.2B |
| Account Payables | $263M |
| Short-Term Debt | $606M |
| Deferred Revenue | $4.1B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $936M |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $808M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $16.0B |
| Treasury Stock | -$8.5B |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $26.2B |
| Total Debt | $3.4B |
| Net Debt | $1.5B |
