| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.1B | $8.5B | $7.7B | 7.3% | 17.9% |
| Op. Income | $1.3B | $1.3B | $1.0B | 0.7% | 28.0% |
| Gross Margin | 17.6% | 18.5% | 17.1% | -0.9pp | 0.5pp |
| Net Margin | 20.7% | 12.4% | 9.8% | 8.3pp | 10.9pp |
| EPS (Diluted) | $4.79 | $2.67 | $1.87 | 79.4% | 156.1% |
| Free Cash Flow | $1.1B | $1.2B | $1.1B | -7.4% | -5.7% |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $237M |
| Other Expenses | $0 |
| Operating Expenses | $266M |
| Cost & Expenses | $7.8B |
| OPERATING INCOME | $1.3B |
| Interest Income | $9M |
| Interest Expense | $95M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | -$556M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $298M |
| EBIT | $1.4B |
| EBITDA | $1.7B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $237M |
| Other Expenses | $0 |
| Operating Expenses | $266M |
| Cost & Expenses | $7.8B |
| OPERATING INCOME | $1.3B |
| Interest Income | $9M |
| Interest Expense | $95M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | -$556M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $298M |
| EBIT | $1.4B |
| EBITDA | $1.7B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $298M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$804M |
| Other Non-Cash Items | $72M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$401M |
| Acquisitions (Net) | -$134M |
| Purchases of Investments | $1.1B |
| Sales/Maturities of Investments | -$409M |
| Other Investing Activities | -$707M |
| NET CASH FROM INVESTING | -$502M |
| Net Debt Issuance | -$315M |
| Common Stock Repurchased | $866M |
| Common Dividends Paid | -$355M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$668M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $317M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.3B |
| Net Receivables | $4.3B |
| Inventory | $4.2B |
| Other Current Assets | $192M |
| TOTAL CURRENT ASSETS | $11.7B |
| PP&E (Net) | $11.0B |
| Goodwill | $570M |
| Intangible Assets | $568M |
| Long-Term Investments | $2.1B |
| Tax Assets | $90M |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $14.5B |
| TOTAL ASSETS | $26.2B |
| Account Payables | $2.3B |
| Short-Term Debt | $70M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $277M |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $17.3B |
| Common Stock | $31M |
| Additional Paid-In Capital | $10.2B |
| Retained Earnings | $15.7B |
| Treasury Stock | -$15.7B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.9B |
| Minority Interest | $1M |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $26.2B |
| Total Debt | $8.6B |
| Net Debt | $7.1B |
