| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.1B | $9.8B | $9.2B | 3.0% | 10.8% |
| Op. Income | $681M | $697M | $586M | -2.3% | 16.2% |
| Gross Margin | 13.3% | 12.2% | 11.9% | 1.1pp | 1.4pp |
| Net Margin | 3.9% | 4.5% | 4.3% | -0.7pp | -0.4pp |
| EPS (Diluted) | $1.07 | $1.21 | $1.05 | -11.6% | 1.9% |
| Free Cash Flow | $863M | $152M | $663M | 467.8% | 30.2% |
| Item | Amount |
|---|---|
| REVENUE | $10.1B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $238M |
| General & Administrative | $0 |
| SG&A Expenses | $670M |
| Other Expenses | $0 |
| Operating Expenses | $670M |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $681M |
| Interest Income | $2M |
| Interest Expense | $94M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $580M |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $395M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $394M |
| D&A | $218M |
| EBIT | $674M |
| EBITDA | $892M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.1B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $238M |
| General & Administrative | $0 |
| SG&A Expenses | $670M |
| Other Expenses | $0 |
| Operating Expenses | $670M |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $681M |
| Interest Income | $2M |
| Interest Expense | $94M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $580M |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $395M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $394M |
| D&A | $218M |
| EBIT | $674M |
| EBITDA | $892M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $395M |
| Depreciation & Amortization | $218M |
| Stock-Based Compensation | $92M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | $408M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$287M |
| Acquisitions (Net) | -$3.1B |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $3.1B |
| NET CASH FROM INVESTING | -$297M |
| Net Debt Issuance | -$615M |
| Common Stock Repurchased | -$92M |
| Common Dividends Paid | -$81M |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$769M |
| FREE CASH FLOW | $863M |
| Net Change in Cash | $87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $318M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $3.2B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $5.6B |
| Goodwill | $9.3B |
| Intangible Assets | $6.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $673M |
| TOTAL NON-CURRENT ASSETS | $21.8B |
| TOTAL ASSETS | $28.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $906M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $755M |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $13.5B |
| TOTAL LIABILITIES | $17.5B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $9.8B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.5B |
| Minority Interest | $18M |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $28.1B |
| Total Debt | $10.2B |
| Net Debt | $9.9B |
