| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.5B | — | $28.5B | — | 0.2% |
| Op. Income | $4.2B | — | $4.5B | — | -7.2% |
| Gross Margin | -16.6% | — | -19.6% | — | 3.0pp |
| Net Margin | 9.7% | — | 9.9% | — | -0.3pp |
| EPS (Diluted) | $0.96 | — | $0.97 | — | -1.2% |
| Free Cash Flow | $3.2B | — | $3.5B | — | -11.1% |
| Item | Amount |
|---|---|
| REVENUE | $28.5B |
| Cost of Revenue | $33.2B |
| GROSS PROFIT | -$4.7B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $8.4B |
| General & Administrative | $4.5B |
| SG&A Expenses | $12.9B |
| Other Expenses | -$23.0B |
| Operating Expenses | -$9.0B |
| Cost & Expenses | $24.3B |
| OPERATING INCOME | $4.2B |
| Interest Income | $174M |
| Interest Expense | $0 |
| Other Income/Expenses | -$203M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $498M |
| EBIT | $5.3B |
| EBITDA | $5.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $498M |
| Stock-Based Compensation | $82M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$203M |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | -$367M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $212M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$247M |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | -$2.4B |
| NET CASH FROM FINANCING | -$4.3B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$691M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $786M |
| Net Receivables | $6.1B |
| Inventory | $4.9B |
| Other Current Assets | $6.8B |
| TOTAL CURRENT ASSETS | $14.5B |
| PP&E (Net) | $12.3B |
| Goodwill | $17.1B |
| Intangible Assets | $8.8B |
| Long-Term Investments | $129M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $41.8B |
| TOTAL ASSETS | $56.2B |
| Account Payables | $8.9B |
| Short-Term Debt | $5.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $23.0B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $6.4B |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $315M |
| TOTAL NON-CURRENT LIABILITIES | $16.5B |
| TOTAL LIABILITIES | $39.5B |
| Common Stock | $567M |
| Additional Paid-In Capital | $170M |
| Retained Earnings | $24.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.9B |
| Other Equity | -$4.8B |
| TOTAL STOCKHOLDERS' EQUITY | $16.0B |
| Minority Interest | $717M |
| TOTAL EQUITY | $16.7B |
| TOTAL LIABILITIES & EQUITY | $56.2B |
| Total Debt | $13.9B |
| Net Debt | $12.0B |
