| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $6.1B | $5.0B | -13.3% | 4.9% |
| Op. Income | $441M | $29M | $729M | 1420.7% | -39.5% |
| Gross Margin | 57.4% | 56.1% | 56.0% | 1.3pp | 1.5pp |
| Net Margin | 6.9% | -98.1% | 14.9% | 105.0pp | -8.0pp |
| EPS (Diluted) | $0.22 | $-4.03 | $0.50 | 105.5% | -56.0% |
| Free Cash Flow | $331M | $1.5B | $693M | -78.5% | -52.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $869M |
| Other Expenses | $310M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $441M |
| Interest Income | $154M |
| Interest Expense | $179M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $358M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $363M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $363M |
| Net Income Deductions | $33M |
| BOTTOM LINE NET INCOME | $330M |
| D&A | $388M |
| EBIT | $496M |
| EBITDA | $884M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $869M |
| Other Expenses | $310M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $441M |
| Interest Income | $154M |
| Interest Expense | $179M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $358M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $363M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $363M |
| Net Income Deductions | $33M |
| BOTTOM LINE NET INCOME | $330M |
| D&A | $388M |
| EBIT | $496M |
| EBITDA | $884M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $363M |
| Depreciation & Amortization | $388M |
| Stock-Based Compensation | $222M |
| Deferred Income Tax | -$220M |
| Other Non-Cash Items | $190M |
| Change in Working Capital | -$427M |
| OPERATING CASH FLOW | $516M |
| Capital Expenditure | -$185M |
| Acquisitions (Net) | -$48M |
| Purchases of Investments | -$131M |
| Sales/Maturities of Investments | $5.1B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $4.7B |
| Net Debt Issuance | $266M |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$845M |
| Other Financing Activities | $74M |
| NET CASH FROM FINANCING | -$709M |
| FREE CASH FLOW | $331M |
| Net Change in Cash | $4.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37.9B |
| Short-Term Investments | $1.6B |
| Net Receivables | $3.5B |
| Inventory | $1.8B |
| Other Current Assets | $641M |
| TOTAL CURRENT ASSETS | $45.5B |
| PP&E (Net) | $3.2B |
| Goodwill | $6.7B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $35M |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $18.6B |
| TOTAL ASSETS | $64.1B |
| Account Payables | $1.5B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $502M |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $12.7B |
| Long-Term Debt | $19.4B |
| Deferred Revenue NC | $1.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.5B |
| TOTAL NON-CURRENT LIABILITIES | $27.6B |
| TOTAL LIABILITIES | $40.3B |
| Common Stock | $495M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $22.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $545M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.8B |
| TOTAL LIABILITIES & EQUITY | $64.1B |
| Total Debt | $23.1B |
| Net Debt | -$14.9B |
