| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $10.9B | $8.6B | -15.7% | 6.9% |
| Op. Income | $2.7B | $4.1B | $2.6B | -32.5% | 4.1% |
| Gross Margin | 79.0% | 81.6% | 79.3% | -2.6pp | -0.3pp |
| Net Margin | 23.3% | 29.7% | 21.3% | -6.3pp | 2.0pp |
| EPS (Diluted) | $0.50 | $0.76 | $0.43 | -34.2% | 16.3% |
| Free Cash Flow | $6.1B | $3.9B | $5.6B | 54.6% | 9.3% |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.0B |
| General & Administrative | $319M |
| SG&A Expenses | $2.3B |
| Other Expenses | $547M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.7B |
| Interest Income | $257M |
| Interest Expense | $469M |
| Other Income/Expenses | -$249M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $356M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $696M |
| EBIT | $3.0B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.0B |
| General & Administrative | $319M |
| SG&A Expenses | $2.3B |
| Other Expenses | $547M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.7B |
| Interest Income | $257M |
| Interest Expense | $469M |
| Other Income/Expenses | -$249M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $356M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $696M |
| EBIT | $3.0B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $696M |
| Stock-Based Compensation | $403M |
| Deferred Income Tax | $141M |
| Other Non-Cash Items | $48M |
| Change in Working Capital | $3.1B |
| OPERATING CASH FLOW | $6.6B |
| Capital Expenditure | -$473M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.7B |
| Sales/Maturities of Investments | $6.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$4.8B |
| Common Stock Repurchased | -$833M |
| Common Dividends Paid | -$788M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$5.4B |
| FREE CASH FLOW | $6.1B |
| Net Change in Cash | -$463M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.3B |
| Short-Term Investments | $45.6B |
| Net Receivables | $3.6B |
| Inventory | $312M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $73.3B |
| PP&E (Net) | $5.6B |
| Goodwill | $43.0B |
| Intangible Assets | $7.2B |
| Long-Term Investments | $0 |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $60.3B |
| TOTAL ASSETS | $133.6B |
| Account Payables | $593M |
| Short-Term Debt | $5.0B |
| Deferred Revenue | $10.3B |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $20.2B |
| Long-Term Debt | $48.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $57.0B |
| TOTAL LIABILITIES | $77.2B |
| Common Stock | $28.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $28.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$716M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56.0B |
| Minority Interest | $407M |
| TOTAL EQUITY | $56.4B |
| TOTAL LIABILITIES & EQUITY | $133.6B |
| Total Debt | $53.3B |
| Net Debt | $32.0B |
