| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.8B | — | $32.4B | — | -5.0% |
| Op. Income | $5.3B | — | $5.7B | — | -6.6% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 11.5% | — | 11.2% | — | 0.3pp |
| EPS (Diluted) | $1.30 | — | $1.27 | — | 1.8% |
| Free Cash Flow | $2.6B | — | $1.8B | — | 45.1% |
| Item | Amount |
|---|---|
| REVENUE | $30.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $30.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $25.4B |
| Operating Expenses | $25.5B |
| Cost & Expenses | $25.5B |
| OPERATING INCOME | $5.3B |
| Interest Income | $313M |
| Interest Expense | $0 |
| Other Income/Expenses | -$234M |
| INCOME BEFORE TAX | $5.1B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $1.2B |
| EBIT | $5.8B |
| EBITDA | $7.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $30.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $25.4B |
| Operating Expenses | $25.5B |
| Cost & Expenses | $25.5B |
| OPERATING INCOME | $5.3B |
| Interest Income | $313M |
| Interest Expense | $0 |
| Other Income/Expenses | -$234M |
| INCOME BEFORE TAX | $5.1B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $1.2B |
| EBIT | $5.8B |
| EBITDA | $7.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.5B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $134M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $271M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$579M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $104M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.9B |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | -$794M |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $375M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $1.0B |
| Net Receivables | $7.8B |
| Inventory | $5.0B |
| Other Current Assets | $5.8B |
| TOTAL CURRENT ASSETS | $23.2B |
| PP&E (Net) | $11.8B |
| Goodwill | $19.5B |
| Intangible Assets | $14.0B |
| Long-Term Investments | -$262M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $50.7B |
| TOTAL ASSETS | $73.9B |
| Account Payables | $16.1B |
| Short-Term Debt | $12.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $719M |
| TOTAL CURRENT LIABILITIES | $30.4B |
| Long-Term Debt | $22.2B |
| Deferred Revenue NC | $4.3B |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $29.1B |
| TOTAL LIABILITIES | $59.5B |
| Common Stock | $566M |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $32.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16.7B |
| Other Equity | -$36.3B |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $839M |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $73.9B |
| Total Debt | $34.6B |
| Net Debt | $30.0B |
