| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38.0B | $41.7B | $39.4B | -8.7% | -3.4% |
| Op. Income | $6.3B | $4.3B | $7.0B | 44.8% | -10.9% |
| Gross Margin | 37.1% | 32.8% | 39.0% | 4.2pp | -1.9pp |
| Net Margin | 12.3% | 45.7% | 8.8% | -33.4pp | 3.4pp |
| EPS (Diluted) | $0.75 | $3.08 | $0.56 | -75.6% | 33.9% |
| Free Cash Flow | $3.0B | $3.8B | $3.4B | -22.2% | -12.9% |
| Item | Amount |
|---|---|
| REVENUE | $38.0B |
| Cost of Revenue | $23.9B |
| GROSS PROFIT | $14.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.8B |
| Other Expenses | $0 |
| Operating Expenses | $7.8B |
| Cost & Expenses | $31.8B |
| OPERATING INCOME | $6.3B |
| Interest Income | $0 |
| Interest Expense | $1.8B |
| Other Income/Expenses | -$127M |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $6.0B |
| EBIT | $7.9B |
| EBITDA | $13.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $38.0B |
| Cost of Revenue | $23.9B |
| GROSS PROFIT | $14.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.8B |
| Other Expenses | $0 |
| Operating Expenses | $7.8B |
| Cost & Expenses | $31.8B |
| OPERATING INCOME | $6.3B |
| Interest Income | $0 |
| Interest Expense | $1.8B |
| Other Income/Expenses | -$127M |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $6.0B |
| EBIT | $7.9B |
| EBITDA | $13.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.7B |
| Depreciation & Amortization | $6.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.2B |
| Other Non-Cash Items | -$823M |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $8.9B |
| Capital Expenditure | -$6.0B |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | -$161M |
| Other Investing Activities | $267M |
| NET CASH FROM INVESTING | -$7.2B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | -$145M |
| Common Dividends Paid | -$3.1B |
| Other Financing Activities | $2.0B |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $3.0B |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48.9B |
| Short-Term Investments | $0 |
| Net Receivables | $16.3B |
| Inventory | $0 |
| Other Current Assets | $12.0B |
| TOTAL CURRENT ASSETS | $78.5B |
| PP&E (Net) | $125.1B |
| Goodwill | $105.5B |
| Intangible Assets | $113.6B |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $21.0B |
| TOTAL NON-CURRENT ASSETS | $367.8B |
| TOTAL ASSETS | $446.3B |
| Account Payables | $31.6B |
| Short-Term Debt | $29.3B |
| Deferred Revenue | $5.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $70.6B |
| Long-Term Debt | $133.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45.7B |
| Other Non-Current Liabilities | $49.2B |
| TOTAL NON-CURRENT LIABILITIES | $228.7B |
| TOTAL LIABILITIES | $299.3B |
| Common Stock | $6.5B |
| Additional Paid-In Capital | $89.4B |
| Retained Earnings | $55.1B |
| Treasury Stock | -$12.4B |
| Accum. Other Comp. Income | $7.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $145.9B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $147.1B |
| TOTAL LIABILITIES & EQUITY | $446.3B |
| Total Debt | $163.0B |
| Net Debt | $114.2B |
