| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.8B | — | $30.4B | — | -5.2% |
| Op. Income | $9.5B | — | $4.7B | — | 102.2% |
| Gross Margin | -16.5% | — | -17.5% | — | 1.0pp |
| Net Margin | 25.7% | — | 11.3% | — | 14.4pp |
| EPS (Diluted) | $2.79 | — | $1.24 | — | 125.5% |
| Free Cash Flow | $4.4B | — | $5.0B | — | -11.1% |
| Item | Amount |
|---|---|
| REVENUE | $28.8B |
| Cost of Revenue | $33.6B |
| GROSS PROFIT | -$4.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $8.4B |
| General & Administrative | $5.4B |
| SG&A Expenses | $13.8B |
| Other Expenses | -$29.1B |
| Operating Expenses | -$14.2B |
| Cost & Expenses | $19.3B |
| OPERATING INCOME | $9.5B |
| Interest Income | $385M |
| Interest Expense | $0 |
| Other Income/Expenses | -$92M |
| INCOME BEFORE TAX | $9.4B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $7.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.4B |
| D&A | $268M |
| EBIT | $5.2B |
| EBITDA | $5.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $7.4B |
| Depreciation & Amortization | $832M |
| Stock-Based Compensation | $95M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.8B |
| Change in Working Capital | -$84M |
| OPERATING CASH FLOW | $5.4B |
| Capital Expenditure | -$975M |
| Acquisitions (Net) | -$352M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.4B |
| NET CASH FROM INVESTING | $7.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4.4B |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | -$11.0B |
| NET CASH FROM FINANCING | -$13.4B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | -$421M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $795M |
| Net Receivables | $7.6B |
| Inventory | $5.0B |
| Other Current Assets | $8.5B |
| TOTAL CURRENT ASSETS | $18.1B |
| PP&E (Net) | $12.1B |
| Goodwill | $20.3B |
| Intangible Assets | $14.2B |
| Long-Term Investments | $19M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $51.4B |
| TOTAL ASSETS | $69.5B |
| Account Payables | $10.7B |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $9.0B |
| Other Current Liabilities | $5.0B |
| TOTAL CURRENT LIABILITIES | $23.1B |
| Long-Term Debt | $24.9B |
| Deferred Revenue NC | $4.5B |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $32.0B |
| TOTAL LIABILITIES | $55.1B |
| Common Stock | $542M |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $30.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.2B |
| Other Equity | -$11.9B |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $842M |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $69.5B |
| Total Debt | $28.4B |
| Net Debt | $24.7B |
