| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $3.1B | — | -17.9% | — |
| Op. Income | -$504M | $551M | — | -191.5% | — |
| Gross Margin | 72.3% | 70.9% | — | 1.5pp | — |
| Net Margin | -13.5% | 13.9% | — | -27.4pp | — |
| EPS (Diluted) | $-0.11 | $0.27 | — | -139.8% | — |
| Free Cash Flow | $630M | $409M | — | 54.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $695M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $556M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $689M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | -$504M |
| Interest Income | $112M |
| Interest Expense | $57M |
| Other Income/Expenses | $61M |
| INCOME BEFORE TAX | -$443M |
| Income Tax Expense | -$105M |
| Net Income from Continuing Ops | -$338M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $6.3K |
| NET INCOME | -$338M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$338M |
| D&A | $341M |
| EBIT | -$385M |
| EBITDA | -$139M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$338M |
| Depreciation & Amortization | $341M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | -$105M |
| Other Non-Cash Items | -$255M |
| Change in Working Capital | $604M |
| OPERATING CASH FLOW | $788M |
| Capital Expenditure | -$158M |
| Acquisitions (Net) | -$66M |
| Purchases of Investments | -$789M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | $220M |
| NET CASH FROM INVESTING | -$674M |
| Net Debt Issuance | -$882M |
| Common Stock Repurchased | -$75.2K |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$940M |
| FREE CASH FLOW | $630M |
| Net Change in Cash | -$913M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $505M |
| Net Receivables | $2.7B |
| Inventory | $1.3B |
| Other Current Assets | $388M |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $3.4B |
| Goodwill | $6.4B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $1.9B |
| Tax Assets | $407M |
| Other Non-Current Assets | $489M |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $25.7B |
| Account Payables | $838M |
| Short-Term Debt | $112.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $568M |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $568M |
| Retained Earnings | $9.8B |
| Treasury Stock | -$466M |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.5B |
| Minority Interest | $125M |
| TOTAL EQUITY | $12.6B |
| TOTAL LIABILITIES & EQUITY | $25.7B |
| Total Debt | $6.2B |
| Net Debt | $4.3B |
