| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.8B | $9.1B | $8.4B | 6.9% | 15.9% |
| Op. Income | $1.5B | $1.3B | $1.2B | 11.4% | 23.5% |
| Gross Margin | 18.0% | 17.6% | 17.1% | 0.4pp | 0.9pp |
| Net Margin | 12.6% | 20.7% | 9.5% | -8.1pp | 3.1pp |
| EPS (Diluted) | $3.11 | $4.79 | $1.98 | -35.1% | 57.1% |
| Free Cash Flow | $577M | $1.1B | $192M | -46.6% | 200.5% |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $233M |
| Other Expenses | $0 |
| Operating Expenses | $261M |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $1.5B |
| Interest Income | $11M |
| Interest Expense | $91M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $299M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $233M |
| Other Expenses | $0 |
| Operating Expenses | $261M |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $1.5B |
| Interest Income | $11M |
| Interest Expense | $91M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $299M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $299M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $61M |
| Other Non-Cash Items | -$415M |
| Change in Working Capital | -$179M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$429M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $335M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$119M |
| Common Dividends Paid | -$395M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$520M |
| FREE CASH FLOW | $577M |
| Net Change in Cash | $312M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.0B |
| Net Receivables | $3.9B |
| Inventory | $4.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.1B |
| PP&E (Net) | $11.2B |
| Goodwill | $578M |
| Intangible Assets | $567M |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $26.9B |
| Account Payables | $2.4B |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $12.6B |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $31M |
| Additional Paid-In Capital | $10.2B |
| Retained Earnings | $16.7B |
| Treasury Stock | -$15.9B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $1M |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $26.9B |
| Total Debt | $8.6B |
| Net Debt | $6.8B |
