| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.5B | $10.8B | $9.6B | -2.8% | 8.8% |
| Op. Income | $1.3B | $1.1B | $1.0B | 15.3% | 23.6% |
| Gross Margin | 57.6% | 53.2% | 57.4% | 4.4pp | 0.2pp |
| Net Margin | 6.4% | 25.2% | 7.3% | -18.7pp | -0.8pp |
| EPS (Diluted) | $0.78 | $3.11 | $0.79 | -74.9% | -1.3% |
| Free Cash Flow | -$647M | $1.1B | $171M | -157.3% | -478.4% |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.2B |
| Other Expenses | $1.6B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $6M |
| Interest Expense | $417M |
| Other Income/Expenses | -$401M |
| INCOME BEFORE TAX | $881M |
| Income Tax Expense | $210M |
| Net Income from Continuing Ops | $671M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $671M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671M |
| D&A | $1.6B |
| EBIT | $1.3B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.2B |
| SG&A Expenses | $3.2B |
| Other Expenses | $1.6B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $6M |
| Interest Expense | $417M |
| Other Income/Expenses | -$401M |
| INCOME BEFORE TAX | $881M |
| Income Tax Expense | $210M |
| Net Income from Continuing Ops | $671M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $671M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671M |
| D&A | $1.6B |
| EBIT | $1.3B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $671M |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $97M |
| Deferred Income Tax | $206M |
| Other Non-Cash Items | $134M |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | $770M |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | -$333M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$462M |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | -$666M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$102M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$647M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $4.0B |
| Inventory | $1.3B |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $22.3B |
| Goodwill | $1.9B |
| Intangible Assets | $35.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $62.4B |
| TOTAL ASSETS | $72.0B |
| Account Payables | $7.2B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $791M |
| Other Current Liabilities | $353M |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $12.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $18.2B |
| TOTAL NON-CURRENT LIABILITIES | $36.8B |
| TOTAL LIABILITIES | $49.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $38.1B |
| Retained Earnings | -$15.2B |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.9B |
| TOTAL LIABILITIES & EQUITY | $72.0B |
| Total Debt | $18.5B |
| Net Debt | $15.9B |
