| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.9B | — | $19.3B | — | 3.1% |
| Op. Income | $6.0B | — | $5.9B | — | 1.6% |
| Gross Margin | 32.3% | — | 34.5% | — | -2.2pp |
| Net Margin | 22.0% | — | 17.1% | — | 4.9pp |
| EPS (Diluted) | $2.50 | — | $1.83 | — | 36.6% |
| Free Cash Flow | $2.9B | — | $4.5B | — | -37.0% |
| Item | Amount |
|---|---|
| REVENUE | $19.9B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $6.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $232M |
| Other Expenses | $0 |
| Operating Expenses | $287M |
| Cost & Expenses | $13.8B |
| OPERATING INCOME | $6.0B |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $6.7B |
| Income Tax Expense | $2.2B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $2.0B |
| EBIT | $6.0B |
| EBITDA | $8.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $19.9B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $6.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $232M |
| Other Expenses | $0 |
| Operating Expenses | $287M |
| Cost & Expenses | $13.8B |
| OPERATING INCOME | $6.0B |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $6.7B |
| Income Tax Expense | $2.2B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $2.0B |
| EBIT | $6.0B |
| EBITDA | $8.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $4.4B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$875M |
| Change in Working Capital | -$326M |
| OPERATING CASH FLOW | $5.2B |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$634M |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | -$2.1B |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$3.2B |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$6.8B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | -$4.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0B |
| Short-Term Investments | $2.1B |
| Net Receivables | $2.8B |
| Inventory | $3.5B |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $17.6B |
| PP&E (Net) | $57.7B |
| Goodwill | $953M |
| Intangible Assets | $3.0B |
| Long-Term Investments | $3.0B |
| Tax Assets | $3.3B |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $72.0B |
| TOTAL ASSETS | $89.6B |
| Account Payables | $6.4B |
| Short-Term Debt | $710M |
| Deferred Revenue | -$710M |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $13.0B |
| Deferred Revenue NC | -$13.0B |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $13.5B |
| TOTAL NON-CURRENT LIABILITIES | $30.3B |
| TOTAL LIABILITIES | $41.0B |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $23.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42.3B |
| Minority Interest | $6.3B |
| TOTAL EQUITY | $48.6B |
| TOTAL LIABILITIES & EQUITY | $89.6B |
| Total Debt | $13.7B |
| Net Debt | $7.7B |
