| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.7B | $11.2B | $12.5B | 4.4% | -6.7% |
| Op. Income | $2.4B | $2.4B | $2.3B | 2.5% | 6.6% |
| Gross Margin | 69.5% | 69.1% | 65.9% | 0.4pp | 3.5pp |
| Net Margin | 66.7% | 18.1% | 15.8% | 48.5pp | 50.8pp |
| EPS (Diluted) | $3.31 | $0.86 | $0.83 | 284.9% | 298.8% |
| Free Cash Flow | $3.3B | $1.7B | $3.0B | 93.6% | 11.2% |
| Item | Amount |
|---|---|
| REVENUE | $11.7B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $43M |
| Operating Expenses | $5.7B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $237M |
| Other Income/Expenses | $5.7B |
| INCOME BEFORE TAX | $8.2B |
| Income Tax Expense | $443M |
| Net Income from Continuing Ops | $7.7B |
| Net Income from Discontinued Ops | $40M |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $1.2B |
| EBIT | $8.4B |
| EBITDA | $9.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $11.7B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $43M |
| Operating Expenses | $5.7B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $237M |
| Other Income/Expenses | $5.7B |
| INCOME BEFORE TAX | $8.2B |
| Income Tax Expense | $443M |
| Net Income from Continuing Ops | $7.7B |
| Net Income from Discontinued Ops | $40M |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $1.2B |
| EBIT | $8.4B |
| EBITDA | $9.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $7.8B |
| Depreciation & Amortization | $982M |
| Stock-Based Compensation | $155M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4.2B |
| Change in Working Capital | $407M |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$620M |
| Acquisitions (Net) | $4.6B |
| Purchases of Investments | -$125M |
| Sales/Maturities of Investments | $199M |
| Other Investing Activities | $222M |
| NET CASH FROM INVESTING | $4.3B |
| Net Debt Issuance | -$923M |
| Common Stock Repurchased | -$599M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | $6.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.4B |
| Short-Term Investments | $700M |
| Net Receivables | $9.0B |
| Inventory | $7.1B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $32.1B |
| PP&E (Net) | $16.0B |
| Goodwill | $35.2B |
| Intangible Assets | $39.4B |
| Long-Term Investments | $10.4B |
| Tax Assets | $8.2B |
| Other Non-Current Assets | $843M |
| TOTAL NON-CURRENT ASSETS | $110.0B |
| TOTAL ASSETS | $142.1B |
| Account Payables | $5.5B |
| Short-Term Debt | $9.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.9B |
| TOTAL CURRENT LIABILITIES | $27.9B |
| Long-Term Debt | $22.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.6B |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $37.2B |
| TOTAL LIABILITIES | $65.2B |
| Common Stock | $944M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $79.8B |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | $75.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76.8B |
| Minority Interest | $86M |
| TOTAL EQUITY | $76.9B |
| TOTAL LIABILITIES & EQUITY | $142.1B |
| Total Debt | $32.4B |
| Net Debt | $19.9B |
