| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.1B | — | $16.1B | — | -0.1% |
| Op. Income | $2.9B | — | $2.5B | — | 17.9% |
| Gross Margin | 48.4% | — | 47.9% | — | 0.4pp |
| Net Margin | 13.8% | — | 12.1% | — | 1.7pp |
| EPS (Diluted) | $0.82 | — | $0.69 | — | 18.8% |
| Free Cash Flow | $2.5B | — | $2.8B | — | -11.0% |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $2.9B |
| Interest Income | $48M |
| Interest Expense | $116M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $725M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $720M |
| EBIT | $3.0B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $2.9B |
| Interest Income | $48M |
| Interest Expense | $116M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $725M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $720M |
| EBIT | $3.0B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $720M |
| Stock-Based Compensation | $154M |
| Deferred Income Tax | -$219M |
| Other Non-Cash Items | $76M |
| Change in Working Capital | $755M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $628M |
| Other Investing Activities | $160M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $222M |
| Common Stock Repurchased | -$700M |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$248M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.6B |
| Short-Term Investments | $9.6B |
| Net Receivables | $4.6B |
| Inventory | $4.6B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $26.5B |
| PP&E (Net) | $19.9B |
| Goodwill | $44.7B |
| Intangible Assets | $24.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.1B |
| TOTAL NON-CURRENT ASSETS | $93.9B |
| TOTAL ASSETS | $120.4B |
| Account Payables | $9.6B |
| Short-Term Debt | $13.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $30.2B |
| Long-Term Debt | $18.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.1B |
| Other Non-Current Liabilities | $8.2B |
| TOTAL NON-CURRENT LIABILITIES | $34.4B |
| TOTAL LIABILITIES | $64.6B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $63.6B |
| Retained Earnings | $96.1B |
| Treasury Stock | -$93.7B |
| Accum. Other Comp. Income | -$14.6B |
| Other Equity | -$1.2B |
| TOTAL STOCKHOLDERS' EQUITY | $55.2B |
| Minority Interest | $594M |
| TOTAL EQUITY | $55.8B |
| TOTAL LIABILITIES & EQUITY | $120.4B |
| Total Debt | $31.6B |
| Net Debt | $26.1B |
