| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.2B | $10.1B | $9.2B | 0.8% | 11.4% |
| Op. Income | $922M | $681M | $982M | 35.4% | -6.1% |
| Gross Margin | 14.1% | 13.3% | 16.2% | 0.8pp | -2.0pp |
| Net Margin | 15.9% | 3.9% | 6.5% | 12.1pp | 9.5pp |
| EPS (Diluted) | $4.40 | $1.07 | $1.59 | 311.2% | 176.7% |
| Free Cash Flow | $830M | $863M | $934M | -3.8% | -11.1% |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $521M |
| Other Expenses | $0 |
| Operating Expenses | $521M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $922M |
| Interest Income | $2M |
| Interest Expense | $88M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $842M |
| Income Tax Expense | -$790M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $229M |
| EBIT | $930M |
| EBITDA | $1.2B |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $521M |
| Other Expenses | $0 |
| Operating Expenses | $521M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $922M |
| Interest Income | $2M |
| Interest Expense | $88M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $842M |
| Income Tax Expense | -$790M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $229M |
| EBIT | $930M |
| EBITDA | $1.2B |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $229M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$967M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $203M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$296M |
| Acquisitions (Net) | -$101M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$422M |
| Net Debt Issuance | -$520M |
| Common Stock Repurchased | -$164M |
| Common Dividends Paid | -$108M |
| Other Financing Activities | $63M |
| NET CASH FROM FINANCING | -$729M |
| FREE CASH FLOW | $830M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $293M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $3.2B |
| Other Current Assets | $887M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $5.7B |
| Goodwill | $9.4B |
| Intangible Assets | $6.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $694M |
| TOTAL NON-CURRENT ASSETS | $22.1B |
| TOTAL ASSETS | $28.0B |
| Account Payables | $1.7B |
| Short-Term Debt | $811M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $951M |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $12.1B |
| TOTAL LIABILITIES | $16.1B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $11.3B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.0B |
| Minority Interest | $19M |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $28.0B |
| Total Debt | $9.7B |
| Net Debt | $9.4B |
