| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.4B | — | $30.9B | — | -1.7% |
| Op. Income | $4.7B | — | $4.7B | — | -0.0% |
| Gross Margin | -17.5% | — | -14.4% | — | -3.2pp |
| Net Margin | 11.3% | — | 10.1% | — | 1.2pp |
| EPS (Diluted) | $1.24 | — | $1.10 | — | 12.8% |
| Free Cash Flow | $5.0B | — | $4.9B | — | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $30.4B |
| Cost of Revenue | $35.7B |
| GROSS PROFIT | -$5.3B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $8.8B |
| General & Administrative | $6.7B |
| SG&A Expenses | $15.6B |
| Other Expenses | -$26.6B |
| Operating Expenses | -$10.0B |
| Cost & Expenses | $25.7B |
| OPERATING INCOME | $4.7B |
| Interest Income | $224M |
| Interest Expense | $0 |
| Other Income/Expenses | -$572M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $412M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $527M |
| EBIT | $4.5B |
| EBITDA | $5.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $527M |
| Stock-Based Compensation | $147M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $890M |
| Change in Working Capital | $966M |
| OPERATING CASH FLOW | $6.0B |
| Capital Expenditure | -$979M |
| Acquisitions (Net) | -$5.7B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $367M |
| NET CASH FROM INVESTING | -$6.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4.6B |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | $507M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $5.0B |
| Net Change in Cash | -$989M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $441M |
| Net Receivables | $6.1B |
| Inventory | $4.6B |
| Other Current Assets | $9.3B |
| TOTAL CURRENT ASSETS | $19.9B |
| PP&E (Net) | $12.2B |
| Goodwill | $19.7B |
| Intangible Assets | $13.5B |
| Long-Term Investments | $220M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $3.8B |
| TOTAL NON-CURRENT ASSETS | $50.6B |
| TOTAL ASSETS | $70.5B |
| Account Payables | $9.6B |
| Short-Term Debt | $9.0B |
| Deferred Revenue | $8.5B |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $27.1B |
| Long-Term Debt | $18.7B |
| Deferred Revenue NC | $4.8B |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $648M |
| TOTAL NON-CURRENT LIABILITIES | $26.6B |
| TOTAL LIABILITIES | $53.7B |
| Common Stock | $566M |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $31.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.5B |
| Other Equity | -$10.8B |
| TOTAL STOCKHOLDERS' EQUITY | $15.9B |
| Minority Interest | $886M |
| TOTAL EQUITY | $16.8B |
| TOTAL LIABILITIES & EQUITY | $70.5B |
| Total Debt | $27.9B |
| Net Debt | $25.5B |
