| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.5B | $12.9B | $12.9B | 4.3% | 4.4% |
| Op. Income | $4.1B | $4.0B | $3.9B | 0.4% | 4.9% |
| Gross Margin | 69.6% | 71.1% | 70.3% | -1.5pp | -0.6pp |
| Net Margin | 28.8% | 27.6% | 23.8% | 1.2pp | 4.9pp |
| EPS (Diluted) | $0.65 | $0.59 | $0.51 | 10.2% | 27.5% |
| Free Cash Flow | $3.4B | $1.6B | $2.8B | 112.3% | 22.7% |
| Item | Amount |
|---|---|
| REVENUE | $13.5B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $4.1B |
| Interest Income | $80M |
| Interest Expense | $326M |
| Other Income/Expenses | $464M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $648M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $1.6B |
| EBIT | $4.9B |
| EBITDA | $6.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.5B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $4.1B |
| Interest Income | $80M |
| Interest Expense | $326M |
| Other Income/Expenses | $464M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $648M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $1.6B |
| EBIT | $4.9B |
| EBITDA | $6.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.9B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $197M |
| Deferred Income Tax | -$794M |
| Other Non-Cash Items | -$462M |
| Change in Working Capital | -$535M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$456M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $145M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $316M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | -$235M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $395M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $10.7B |
| Net Receivables | $13.5B |
| Inventory | $8.1B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $37.3B |
| PP&E (Net) | $13.9B |
| Goodwill | $55.8B |
| Intangible Assets | $46.6B |
| Long-Term Investments | $6.6B |
| Tax Assets | $1.8B |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $127.7B |
| TOTAL ASSETS | $165.0B |
| Account Payables | $4.2B |
| Short-Term Debt | $11.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.9B |
| TOTAL CURRENT LIABILITIES | $32.2B |
| Long-Term Debt | $28.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.7B |
| Other Non-Current Liabilities | $28.0B |
| TOTAL NON-CURRENT LIABILITIES | $62.7B |
| TOTAL LIABILITIES | $94.9B |
| Common Stock | $465M |
| Additional Paid-In Capital | $84.9B |
| Retained Earnings | $89.9B |
| Treasury Stock | -$95.5B |
| Accum. Other Comp. Income | -$10.0B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $69.8B |
| Minority Interest | $346M |
| TOTAL EQUITY | $70.1B |
| TOTAL LIABILITIES & EQUITY | $165.0B |
| Total Debt | $40.5B |
| Net Debt | $37.8B |
