| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.7B | — | $13.2B | — | 3.8% |
| Op. Income | $1.3B | — | $2.1B | — | -37.2% |
| Gross Margin | 63.9% | — | 65.9% | — | -2.0pp |
| Net Margin | 8.7% | — | 15.0% | — | -6.3pp |
| EPS (Diluted) | $0.52 | — | $0.84 | — | -38.1% |
| Free Cash Flow | $2.9B | — | $2.4B | — | 17.2% |
| Item | Amount |
|---|---|
| REVENUE | $13.7B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.4B |
| Other Expenses | $636M |
| Operating Expenses | $7.4B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $248M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $70M |
| 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 | $2.0B |
| EBIT | $1.5B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.7B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.4B |
| Other Expenses | $636M |
| Operating Expenses | $7.4B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $248M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $70M |
| 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 | $2.0B |
| EBIT | $1.5B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $195M |
| Deferred Income Tax | $70M |
| Other Non-Cash Items | -$235M |
| Change in Working Capital | $583M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$909M |
| Acquisitions (Net) | -$2.1B |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $157M |
| NET CASH FROM INVESTING | -$4.9B |
| Net Debt Issuance | $477M |
| Common Stock Repurchased | -$249M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $225M |
| NET CASH FROM FINANCING | $453M |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | -$729M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.3B |
| Short-Term Investments | $2.7B |
| Net Receivables | $9.7B |
| Inventory | $7.0B |
| Other Current Assets | $3.2B |
| TOTAL CURRENT ASSETS | $35.6B |
| PP&E (Net) | $15.7B |
| Goodwill | $35.3B |
| Intangible Assets | $38.7B |
| Long-Term Investments | $10.7B |
| Tax Assets | $8.7B |
| Other Non-Current Assets | $895M |
| TOTAL NON-CURRENT ASSETS | $110.0B |
| TOTAL ASSETS | $145.6B |
| Account Payables | $5.6B |
| Short-Term Debt | $9.6B |
| Deferred Revenue | $236M |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $29.6B |
| Long-Term Debt | $22.5B |
| Deferred Revenue NC | $5.9B |
| Deferred Tax Liabilities | $7.5B |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $37.3B |
| TOTAL LIABILITIES | $66.9B |
| Common Stock | $944M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $82.2B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | $77.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78.6B |
| Minority Interest | $78M |
| TOTAL EQUITY | $78.7B |
| TOTAL LIABILITIES & EQUITY | $145.6B |
| Total Debt | $32.1B |
| Net Debt | $18.8B |