| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.8B | — | -4.2% | — |
| Op. Income | $458M | $619M | — | -26.1% | — |
| Gross Margin | 74.3% | 73.2% | — | 1.1pp | — |
| Net Margin | 11.2% | 17.4% | — | -6.2pp | — |
| EPS (Diluted) | $0.19 | $0.31 | — | -38.2% | — |
| Free Cash Flow | $340M | $33M | — | 940.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $694M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $498M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $932M |
| Other Expenses | $117M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $458M |
| Interest Income | $15M |
| Interest Expense | $57M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $303M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $303M |
| D&A | $247M |
| EBIT | $458M |
| EBITDA | $723M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $694M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $498M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $932M |
| Other Expenses | $117M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $458M |
| Interest Income | $15M |
| Interest Expense | $57M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $303M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $303M |
| D&A | $247M |
| EBIT | $458M |
| EBITDA | $723M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $303M |
| Depreciation & Amortization | $247M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $116M |
| Other Non-Cash Items | -$233M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $485M |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $128M |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $94M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$31.3K |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $340M |
| Net Change in Cash | $510M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $127M |
| Net Receivables | $2.9B |
| Inventory | $1.5B |
| Other Current Assets | $428M |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $3.3B |
| Goodwill | $6.8B |
| Intangible Assets | $6.7B |
| Long-Term Investments | $2.1B |
| Tax Assets | $338M |
| Other Non-Current Assets | $567M |
| TOTAL NON-CURRENT ASSETS | $19.8B |
| TOTAL ASSETS | $26.8B |
| Account Payables | $1.4B |
| Short-Term Debt | $758M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $758M |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $512M |
| Retained Earnings | $10.3B |
| Treasury Stock | -$358M |
| Accum. Other Comp. Income | $2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.6B |
| Minority Interest | $24M |
| TOTAL EQUITY | $13.6B |
| TOTAL LIABILITIES & EQUITY | $26.8B |
| Total Debt | $6.3B |
| Net Debt | $4.3B |
