| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.9B | $10.2B | $9.3B | -3.0% | 6.5% |
| Op. Income | $2.8B | $3.0B | $2.7B | -4.2% | 5.1% |
| Gross Margin | 72.4% | 75.3% | 79.5% | -2.9pp | -7.1pp |
| Net Margin | 22.6% | 21.6% | 22.1% | 1.0pp | 0.5pp |
| EPS (Diluted) | $1.51 | $1.47 | $1.35 | 2.5% | 11.4% |
| Free Cash Flow | -$5.2B | $10.4B | $9.7B | -149.6% | -153.3% |
| Item | Amount |
|---|---|
| REVENUE | $9.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.7B |
| SG&A Expenses | $2.7B |
| Other Expenses | $1.6B |
| Operating Expenses | $4.3B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $2.8B |
| Interest Income | $5.7B |
| Interest Expense | $2.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $597M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $297M |
| EBIT | $2.8B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.7B |
| SG&A Expenses | $2.7B |
| Other Expenses | $1.6B |
| Operating Expenses | $4.3B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $2.8B |
| Interest Income | $5.7B |
| Interest Expense | $2.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $597M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $297M |
| EBIT | $2.8B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $297M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | $153M |
| Change in Working Capital | -$7.5B |
| OPERATING CASH FLOW | -$4.8B |
| Capital Expenditure | -$378M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.3B |
| Sales/Maturities of Investments | $12.4B |
| Other Investing Activities | $212M |
| NET CASH FROM INVESTING | $4.0B |
| Net Debt Issuance | $657M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$730.8K |
| NET CASH FROM FINANCING | -$584M |
| FREE CASH FLOW | -$5.2B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51.0B |
| Short-Term Investments | $65.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $116.5B |
| PP&E (Net) | $2.0B |
| Goodwill | $8.0B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $473.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $330.0B |
| TOTAL NON-CURRENT ASSETS | $815.1B |
| TOTAL ASSETS | $931.6B |
| Account Payables | $0 |
| Short-Term Debt | $124.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $624.9B |
| TOTAL CURRENT LIABILITIES | $749.8B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119.6B |
| TOTAL NON-CURRENT LIABILITIES | $126.2B |
| TOTAL LIABILITIES | $876.0B |
| Common Stock | $12.8B |
| Additional Paid-In Capital | $12.8B |
| Retained Earnings | $34.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $55.1B |
| Minority Interest | $438M |
| TOTAL EQUITY | $55.6B |
| TOTAL LIABILITIES & EQUITY | $931.6B |
| Total Debt | $131.5B |
| Net Debt | $80.6B |
