| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.5B | $2.8B | 12.2% | 0.4% |
| Op. Income | $619M | -$504M | $1.2B | 222.8% | -49.3% |
| Gross Margin | 73.2% | 72.3% | 73.0% | 0.8pp | 0.2pp |
| Net Margin | 17.4% | -13.5% | 32.3% | 30.9pp | -14.9pp |
| EPS (Diluted) | $0.31 | $-0.11 | $0.58 | 388.9% | -46.0% |
| Free Cash Flow | $33M | $630M | $294M | -94.8% | -88.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $755M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $451M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $909M |
| Other Expenses | $84M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $619M |
| Interest Income | $39M |
| Interest Expense | $93M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $588M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $489M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $490M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $490M |
| D&A | $242M |
| EBIT | $681M |
| EBITDA | $922M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $755M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $451M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $909M |
| Other Expenses | $84M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $619M |
| Interest Income | $39M |
| Interest Expense | $93M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $588M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $489M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $490M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $490M |
| D&A | $242M |
| EBIT | $681M |
| EBITDA | $922M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $489M |
| Depreciation & Amortization | $242M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $99M |
| Other Non-Cash Items | -$177M |
| Change in Working Capital | -$424M |
| OPERATING CASH FLOW | $254M |
| Capital Expenditure | -$221M |
| Acquisitions (Net) | -$376M |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $563M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$407M |
| Other Financing Activities | -$96M |
| NET CASH FROM FINANCING | -$515M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$371M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $120M |
| Net Receivables | $2.9B |
| Inventory | $1.4B |
| Other Current Assets | $700M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $3.3B |
| Goodwill | $6.6B |
| Intangible Assets | $6.6B |
| Long-Term Investments | $2.1B |
| Tax Assets | $339M |
| Other Non-Current Assets | $569M |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $26.1B |
| Account Payables | $1.4B |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $636M |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $974M |
| Additional Paid-In Capital | $486M |
| Retained Earnings | $10.0B |
| Treasury Stock | -$363M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.8B |
| Minority Interest | $145M |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $26.1B |
| Total Debt | $6.2B |
| Net Debt | $4.8B |
