| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.4B | $6.2B | 9.9% | -4.5% |
| Op. Income | $333M | $773M | $1.8B | -56.9% | -81.5% |
| Gross Margin | 55.1% | 53.7% | 58.9% | 1.4pp | -3.9pp |
| Net Margin | 2.8% | 16.1% | 25.9% | -13.3pp | -23.0pp |
| EPS (Diluted) | $0.11 | $0.58 | $1.07 | -81.0% | -89.7% |
| Free Cash Flow | $2.2B | -$95M | $1.9B | 2368.4% | 11.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $742M |
| Other Expenses | $780M |
| Operating Expenses | $2.9B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $333M |
| Interest Income | $153M |
| Interest Expense | $164M |
| Other Income/Expenses | $101M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $266M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $397M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $742M |
| Other Expenses | $780M |
| Operating Expenses | $2.9B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $333M |
| Interest Income | $153M |
| Interest Expense | $164M |
| Other Income/Expenses | $101M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $266M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $397M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $397M |
| Stock-Based Compensation | $204M |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$262M |
| Acquisitions (Net) | -$143M |
| Purchases of Investments | -$3.6B |
| Sales/Maturities of Investments | $22.8B |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $18.8B |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$315M |
| Common Dividends Paid | -$841M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $20.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35.0B |
| Short-Term Investments | $2.3B |
| Net Receivables | $3.6B |
| Inventory | $2.0B |
| Other Current Assets | $618M |
| TOTAL CURRENT ASSETS | $43.6B |
| PP&E (Net) | $3.2B |
| Goodwill | $6.6B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $1.3B |
| Tax Assets | $2.9B |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $21.9B |
| TOTAL ASSETS | $65.5B |
| Account Payables | $2.0B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $502M |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $19.4B |
| Deferred Revenue NC | $2.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $23.8B |
| TOTAL LIABILITIES | $34.7B |
| Common Stock | $274M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $30.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $384M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $30.7B |
| TOTAL LIABILITIES & EQUITY | $65.5B |
| Total Debt | $21.9B |
| Net Debt | -$13.1B |
