| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.6B | $5.7B | -1.8% | 13.1% |
| Op. Income | $2.2B | $2.6B | $1.9B | -13.3% | 14.8% |
| Gross Margin | 64.7% | 66.5% | 64.2% | -1.7pp | 0.5pp |
| Net Margin | 9.0% | 15.4% | 17.4% | -6.4pp | -8.4pp |
| EPS (Diluted) | $0.35 | $0.61 | $0.59 | -42.9% | -40.7% |
| Free Cash Flow | -$414M | $829M | $181M | -150.0% | -328.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.2B |
| Interest Income | $0 |
| Interest Expense | $117M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $843M |
| Income Tax Expense | $267M |
| Net Income from Continuing Ops | $577M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $577M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $577M |
| D&A | $1.1B |
| EBIT | $1.1B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.2B |
| Interest Income | $0 |
| Interest Expense | $117M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $843M |
| Income Tax Expense | $267M |
| Net Income from Continuing Ops | $577M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $577M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $577M |
| D&A | $1.1B |
| EBIT | $1.1B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $577M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | -$164M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $107M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $529M |
| Capital Expenditure | -$943M |
| Acquisitions (Net) | -$780M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $136M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$284M |
| Common Dividends Paid | -$431M |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $598M |
| FREE CASH FLOW | -$414M |
| Net Change in Cash | -$430M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $2.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $55.9B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $202M |
| Tax Assets | $108M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $59.5B |
| TOTAL ASSETS | $66.7B |
| Account Payables | $4.4B |
| Short-Term Debt | $2.9B |
| Deferred Revenue | $200M |
| Other Current Liabilities | $517M |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $10.0B |
| Deferred Revenue NC | $5.2B |
| Deferred Tax Liabilities | $8.5B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $25.4B |
| TOTAL LIABILITIES | $33.5B |
| Common Stock | $19.4B |
| Additional Paid-In Capital | $415M |
| Retained Earnings | $12.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $685M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $33.2B |
| TOTAL LIABILITIES & EQUITY | $66.7B |
| Total Debt | $12.9B |
| Net Debt | $11.4B |
