| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.1B | $12.6B | $15.7B | 28.1% | 2.4% |
| Op. Income | $3.0B | $1.8B | $2.9B | 67.6% | 3.7% |
| Gross Margin | 54.9% | 55.0% | 55.1% | -0.1pp | -0.2pp |
| Net Margin | 11.3% | 10.7% | 13.4% | 0.6pp | -2.1pp |
| EPS (Diluted) | $1.28 | $0.94 | $1.46 | 36.2% | -12.3% |
| Free Cash Flow | $1.8B | -$1.7B | $1.9B | 208.5% | -4.0% |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.8B |
| Other Expenses | $0 |
| Operating Expenses | $5.8B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $3.0B |
| Interest Income | $98M |
| Interest Expense | $308M |
| Other Income/Expenses | -$128M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $574M |
| EBIT | $3.2B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.8B |
| Other Expenses | $0 |
| Operating Expenses | $5.8B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $3.0B |
| Interest Income | $98M |
| Interest Expense | $308M |
| Other Income/Expenses | -$128M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $574M |
| EBIT | $3.2B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $574M |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | $561M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | -$575M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$593M |
| Acquisitions (Net) | $86M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $5.0B |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | $2.4B |
| Net Debt Issuance | -$2.7B |
| Common Stock Repurchased | -$491M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$4.3B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | $419M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.9B |
| Short-Term Investments | $4.3B |
| Net Receivables | $7.8B |
| Inventory | $3.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30.4B |
| PP&E (Net) | $16.8B |
| Goodwill | $14.5B |
| Intangible Assets | $13.7B |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $977M |
| TOTAL NON-CURRENT ASSETS | $48.4B |
| TOTAL ASSETS | $78.7B |
| Account Payables | $14.6B |
| Short-Term Debt | $10.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24.6B |
| Long-Term Debt | $30.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $10.0B |
| TOTAL NON-CURRENT LIABILITIES | $44.0B |
| TOTAL LIABILITIES | $68.5B |
| Common Stock | $24M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $53.2B |
| Treasury Stock | -$33.5B |
| Accum. Other Comp. Income | -$13.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $110M |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $78.7B |
| Total Debt | $40.6B |
| Net Debt | $26.7B |
