| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.0B | — | $41.7B | — | 15.2% |
| Op. Income | $6.7B | — | $4.3B | — | 54.5% |
| Gross Margin | 35.1% | — | 32.8% | — | 2.3pp |
| Net Margin | 10.1% | — | 45.7% | — | -35.6pp |
| EPS (Diluted) | $0.66 | — | $3.08 | — | -78.6% |
| Free Cash Flow | $8.0B | — | $3.8B | — | 108.5% |
| Item | Amount |
|---|---|
| REVENUE | $48.0B |
| Cost of Revenue | $31.2B |
| GROSS PROFIT | $16.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10.2B |
| Other Expenses | $0 |
| Operating Expenses | $10.2B |
| Cost & Expenses | $41.4B |
| OPERATING INCOME | $6.7B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$946M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $615M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.9B |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $7.9B |
| EBIT | $7.8B |
| EBITDA | $15.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48.0B |
| Cost of Revenue | $31.2B |
| GROSS PROFIT | $16.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10.2B |
| Other Expenses | $0 |
| Operating Expenses | $10.2B |
| Cost & Expenses | $41.4B |
| OPERATING INCOME | $6.7B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$946M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $615M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.9B |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $7.9B |
| EBIT | $7.8B |
| EBITDA | $15.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.9B |
| Depreciation & Amortization | $7.9B |
| Stock-Based Compensation | $463M |
| Deferred Income Tax | -$2.3B |
| Other Non-Cash Items | $3.7B |
| Change in Working Capital | -$2.5B |
| OPERATING CASH FLOW | $12.1B |
| Capital Expenditure | -$4.1B |
| Acquisitions (Net) | $943M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | -$6.2B |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$3.6B |
| Other Financing Activities | -$2.8B |
| NET CASH FROM FINANCING | -$12.3B |
| FREE CASH FLOW | $8.0B |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.2B |
| Short-Term Investments | $0 |
| Net Receivables | $26.5B |
| Inventory | $0 |
| Other Current Assets | $17.7B |
| TOTAL CURRENT ASSETS | $51.4B |
| PP&E (Net) | $131.5B |
| Goodwill | $146.4B |
| Intangible Assets | $163.8B |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $32.5B |
| TOTAL NON-CURRENT ASSETS | $480.4B |
| TOTAL ASSETS | $531.9B |
| Account Payables | $27.0B |
| Short-Term Debt | $10.3B |
| Deferred Revenue | $5.9B |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $64.4B |
| Long-Term Debt | $166.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57.9B |
| Other Non-Current Liabilities | $49.5B |
| TOTAL NON-CURRENT LIABILITIES | $273.6B |
| TOTAL LIABILITIES | $338.0B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $125.5B |
| Retained Earnings | $58.8B |
| Treasury Stock | -$12.1B |
| Accum. Other Comp. Income | $4.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $184.1B |
| Minority Interest | $9.8B |
| TOTAL EQUITY | $193.9B |
| TOTAL LIABILITIES & EQUITY | $531.9B |
| Total Debt | $176.5B |
| Net Debt | $171.3B |
