| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.7B | $16.1B | — | 3.6% | — |
| Op. Income | $3.6B | $2.9B | — | 23.7% | — |
| Gross Margin | 50.3% | 48.4% | — | 2.0pp | — |
| Net Margin | 17.1% | 13.8% | — | 3.4pp | — |
| EPS (Diluted) | $1.06 | $0.82 | — | 29.3% | — |
| Free Cash Flow | $2.5B | $2.5B | — | -1.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $3.6B |
| Interest Income | $49M |
| Interest Expense | $115M |
| Other Income/Expenses | $103M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $881M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $692M |
| EBIT | $3.9B |
| EBITDA | $4.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $3.6B |
| Interest Income | $49M |
| Interest Expense | $115M |
| Other Income/Expenses | $103M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $881M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $692M |
| EBIT | $3.9B |
| EBITDA | $4.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $692M |
| Stock-Based Compensation | $84M |
| Deferred Income Tax | $426M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$456M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $420M |
| Other Investing Activities | $120M |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | $580M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$545M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $11.0B |
| Net Receivables | $4.9B |
| Inventory | $5.0B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $28.1B |
| PP&E (Net) | $20.1B |
| Goodwill | $45.2B |
| Intangible Assets | $24.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.2B |
| TOTAL NON-CURRENT ASSETS | $94.8B |
| TOTAL ASSETS | $122.9B |
| Account Payables | $9.5B |
| Short-Term Debt | $14.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30.7B |
| Long-Term Debt | $20.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.5B |
| Other Non-Current Liabilities | $8.0B |
| TOTAL NON-CURRENT LIABILITIES | $36.7B |
| TOTAL LIABILITIES | $67.4B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $63.7B |
| Retained Earnings | $97.2B |
| Treasury Stock | -$95.6B |
| Accum. Other Comp. Income | -$14.3B |
| Other Equity | -$1.2B |
| TOTAL STOCKHOLDERS' EQUITY | $54.8B |
| Minority Interest | $597M |
| TOTAL EQUITY | $55.4B |
| TOTAL LIABILITIES & EQUITY | $122.9B |
| Total Debt | $34.2B |
| Net Debt | $29.2B |
