| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.1B | $26.8B | — | 12.2% | — |
| Op. Income | $10.4B | $8.3B | — | 25.2% | — |
| Gross Margin | 67.6% | 65.4% | — | 2.2pp | — |
| Net Margin | 29.5% | 27.7% | — | 1.8pp | — |
| EPS (Diluted) | $1.14 | $0.95 | — | 20.0% | — |
| Free Cash Flow | $7.4B | $9.2B | — | -19.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $30.1B |
| Cost of Revenue | $9.7B |
| GROSS PROFIT | $20.3B |
| R&D Expenses | $3.9B |
| Selling & Marketing | $4.8B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.0B |
| Other Expenses | $0 |
| Operating Expenses | $10.0B |
| Cost & Expenses | $19.7B |
| OPERATING INCOME | $10.4B |
| Interest Income | $0 |
| Interest Expense | $672M |
| Other Income/Expenses | $301M |
| INCOME BEFORE TAX | $10.7B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $8.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.9B |
| D&A | $2.5B |
| EBIT | $11.4B |
| EBITDA | $13.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30.1B |
| Cost of Revenue | $9.7B |
| GROSS PROFIT | $20.3B |
| R&D Expenses | $3.9B |
| Selling & Marketing | $4.8B |
| General & Administrative | $1.3B |
| SG&A Expenses | $6.0B |
| Other Expenses | $0 |
| Operating Expenses | $10.0B |
| Cost & Expenses | $19.7B |
| OPERATING INCOME | $10.4B |
| Interest Income | $0 |
| Interest Expense | $672M |
| Other Income/Expenses | $301M |
| INCOME BEFORE TAX | $10.7B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $8.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.9B |
| D&A | $2.5B |
| EBIT | $11.4B |
| EBITDA | $13.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8.9B |
| Depreciation & Amortization | $2.5B |
| Stock-Based Compensation | $1.0B |
| Deferred Income Tax | -$2.4B |
| Other Non-Cash Items | -$567M |
| Change in Working Capital | $2.0B |
| OPERATING CASH FLOW | $11.4B |
| Capital Expenditure | -$4.0B |
| Acquisitions (Net) | -$434M |
| Purchases of Investments | -$32.4B |
| Sales/Maturities of Investments | $34.1B |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | -$681M |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$3.2B |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$6.0B |
| FREE CASH FLOW | $7.4B |
| Net Change in Cash | $2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.9B |
| Short-Term Investments | $121.8B |
| Net Receivables | $26.5B |
| Inventory | $2.7B |
| Other Current Assets | $6.8B |
| TOTAL CURRENT ASSETS | $169.7B |
| PP&E (Net) | $36.1B |
| Goodwill | $35.7B |
| Intangible Assets | $8.1B |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.4B |
| TOTAL NON-CURRENT ASSETS | $89.2B |
| TOTAL ASSETS | $258.8B |
| Account Payables | $8.6B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $28.9B |
| Other Current Liabilities | $13.3B |
| TOTAL CURRENT LIABILITIES | $58.5B |
| Long-Term Debt | $72.2B |
| Deferred Revenue NC | $3.8B |
| Deferred Tax Liabilities | $541M |
| Other Non-Current Liabilities | $31.4B |
| TOTAL NON-CURRENT LIABILITIES | $117.6B |
| TOTAL LIABILITIES | $176.1B |
| Common Stock | $71.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $13.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $82.7B |
| TOTAL LIABILITIES & EQUITY | $258.8B |
| Total Debt | $87.5B |
| Net Debt | $75.6B |
