| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | $7.6B | $5.8B | 5.0% | 36.2% |
| Op. Income | $2.8B | $2.4B | $1.9B | 18.0% | 51.2% |
| Gross Margin | 60.6% | 57.5% | 60.9% | 3.0pp | -0.3pp |
| Net Margin | 16.7% | 9.4% | 16.2% | 7.3pp | 0.5pp |
| EPS (Diluted) | $0.81 | $0.43 | $0.57 | 88.1% | 42.3% |
| Free Cash Flow | $2.3B | $500M | $890M | 362.6% | 160.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $170M |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $478M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $1.1B |
| EBIT | $1.7B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $170M |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $478M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $1.1B |
| EBIT | $1.7B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $117M |
| Other Non-Cash Items | -$274M |
| Change in Working Capital | $900M |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | -$882M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$952M |
| Net Debt Issuance | -$914M |
| Common Stock Repurchased | -$650M |
| Common Dividends Paid | -$426M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $255M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $2.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $55.9B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $203M |
| Tax Assets | $127M |
| Other Non-Current Assets | $752M |
| TOTAL NON-CURRENT ASSETS | $59.2B |
| TOTAL ASSETS | $66.8B |
| Account Payables | $4.8B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $460M |
| Other Current Liabilities | $440M |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $9.8B |
| Deferred Revenue NC | $5.0B |
| Deferred Tax Liabilities | $8.7B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $25.2B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $19.2B |
| Additional Paid-In Capital | $390M |
| Retained Earnings | $13.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $664M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $33.5B |
| TOTAL LIABILITIES & EQUITY | $66.8B |
| Total Debt | $12.2B |
| Net Debt | $10.5B |
