| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.2B | $9.8B | $8.3B | 3.8% | 22.8% |
| Op. Income | $3.0B | $2.6B | $2.8B | 14.3% | 5.0% |
| Gross Margin | 75.3% | 77.5% | 78.5% | -2.1pp | -3.2pp |
| Net Margin | 21.6% | 21.1% | 26.6% | 0.5pp | -5.0pp |
| EPS (Diluted) | $1.47 | $1.37 | $1.44 | 6.9% | 2.0% |
| Free Cash Flow | $10.4B | $4.3B | $5.2B | 143.2% | 99.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.2B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $3.0B |
| Interest Income | $5.5B |
| Interest Expense | $2.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $756M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $289M |
| EBIT | $3.0B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.2B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $3.0B |
| Interest Income | $5.5B |
| Interest Expense | $2.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $756M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $289M |
| EBIT | $3.0B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $289M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $198M |
| Other Non-Cash Items | $197M |
| Change in Working Capital | $7.8B |
| OPERATING CASH FLOW | $10.7B |
| Capital Expenditure | -$261M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.8B |
| Sales/Maturities of Investments | $9.0B |
| Other Investing Activities | -$3.4B |
| NET CASH FROM INVESTING | -$4.4B |
| Net Debt Issuance | -$730.8K |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $10.4B |
| Net Change in Cash | $4.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52.4B |
| Short-Term Investments | $67.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $120.3B |
| PP&E (Net) | $1.9B |
| Goodwill | $7.8B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $472.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $329.0B |
| TOTAL NON-CURRENT ASSETS | $812.3B |
| TOTAL ASSETS | $932.7B |
| Account Payables | $0 |
| Short-Term Debt | $134.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $606.9B |
| TOTAL CURRENT LIABILITIES | $740.8B |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131.7B |
| TOTAL NON-CURRENT LIABILITIES | $138.3B |
| TOTAL LIABILITIES | $879.1B |
| Common Stock | $12.9B |
| Additional Paid-In Capital | $12.9B |
| Retained Earnings | $33.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53.2B |
| Minority Interest | $430M |
| TOTAL EQUITY | $53.6B |
| TOTAL LIABILITIES & EQUITY | $932.7B |
| Total Debt | $140.5B |
| Net Debt | $88.1B |
