| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.6B | $5.9B | 3.6% | -1.7% |
| Op. Income | -$653M | $903M | $333M | -172.3% | -296.1% |
| Gross Margin | 50.9% | 55.5% | 55.1% | -4.6pp | -4.2pp |
| Net Margin | -8.5% | 21.8% | 2.8% | -30.3pp | -11.3pp |
| EPS (Diluted) | $-0.35 | $0.81 | $0.11 | -143.2% | -418.2% |
| Free Cash Flow | -$595M | $1.8B | $2.2B | -132.4% | -127.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $689M |
| Other Expenses | $1.5B |
| Operating Expenses | $3.6B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | -$653M |
| Interest Income | $164M |
| Interest Expense | $207M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | -$775M |
| Income Tax Expense | -$282M |
| Net Income from Continuing Ops | -$493M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$493M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$493M |
| D&A | $396M |
| EBIT | -$568M |
| EBITDA | -$172M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$493M |
| Depreciation & Amortization | $396M |
| Stock-Based Compensation | $224M |
| Deferred Income Tax | -$471M |
| Other Non-Cash Items | $293M |
| Change in Working Capital | -$385M |
| OPERATING CASH FLOW | -$436M |
| Capital Expenditure | -$159M |
| Acquisitions (Net) | -$134M |
| Purchases of Investments | -$101M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | $2.0B |
| NET CASH FROM INVESTING | $1.8B |
| Net Debt Issuance | -$3.9B |
| Common Stock Repurchased | -$21.2B |
| Common Dividends Paid | -$866M |
| Other Financing Activities | $820M |
| NET CASH FROM FINANCING | -$25.1B |
| FREE CASH FLOW | -$595M |
| Net Change in Cash | -$23.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.8B |
| Short-Term Investments | $311M |
| Net Receivables | $2.9B |
| Inventory | $1.7B |
| Other Current Assets | $699M |
| TOTAL CURRENT ASSETS | $17.4B |
| PP&E (Net) | $3.0B |
| Goodwill | $6.5B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $35M |
| Tax Assets | $904M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $15.3B |
| TOTAL ASSETS | $32.7B |
| Account Payables | $1.8B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $500M |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $15.4B |
| Deferred Revenue NC | $1.6B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $20.5B |
| TOTAL LIABILITIES | $31.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $663M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $265M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $32.7B |
| Total Debt | $16.4B |
| Net Debt | $4.6B |
