| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.4B | $7.8B | $7.9B | 7.4% | 6.0% |
| Op. Income | $901M | $842M | $926M | 7.0% | -2.6% |
| Gross Margin | 28.5% | 29.0% | 29.4% | -0.4pp | -0.9pp |
| Net Margin | 6.6% | 6.9% | 7.1% | -0.3pp | -0.5pp |
| EPS (Diluted) | $0.43 | $0.41 | $0.42 | 4.9% | 2.4% |
| Free Cash Flow | $406M | $190M | $496M | 113.9% | -18.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.4B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $901M |
| Interest Income | $6M |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $892M |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $553M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $553M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $553M |
| D&A | $176M |
| EBIT | $908M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8.4B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $901M |
| Interest Income | $6M |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $892M |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $553M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $553M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $553M |
| D&A | $176M |
| EBIT | $908M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $553M |
| Depreciation & Amortization | $176M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$175M |
| OPERATING CASH FLOW | $655M |
| Capital Expenditure | -$248M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$193M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$28.0K |
| NET CASH FROM INVESTING | -$251M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$535M |
| Common Dividends Paid | -$201M |
| Other Financing Activities | -$842.0K |
| NET CASH FROM FINANCING | -$728M |
| FREE CASH FLOW | $406M |
| Net Change in Cash | -$220M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $503M |
| Net Receivables | $324M |
| Inventory | $3.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $4.7B |
| Goodwill | $198M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $419M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $393M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $636M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$561M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $2.2B |
| Net Debt | -$220M |
