| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58.4B | $56.6B | $52.1B | 3.3% | 12.2% |
| Op. Income | $4.5B | $4.6B | $4.0B | -2.0% | 13.1% |
| Gross Margin | 23.7% | 24.2% | 23.8% | -0.5pp | -0.1pp |
| Net Margin | 5.2% | 5.6% | 6.9% | -0.4pp | -1.7pp |
| EPS (Diluted) | $3.10 | $3.24 | $3.65 | -4.3% | -15.1% |
| Free Cash Flow | $1.8B | $396M | -$3.2B | 364.1% | 157.3% |
| Item | Amount |
|---|---|
| REVENUE | $58.4B |
| Cost of Revenue | $44.6B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9.3B |
| Operating Expenses | $9.3B |
| Cost & Expenses | $53.9B |
| OPERATING INCOME | $4.5B |
| Interest Income | $0 |
| Interest Expense | $374M |
| Other Income/Expenses | -$374M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $959M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $637M |
| EBIT | $4.5B |
| EBITDA | $5.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $58.4B |
| Cost of Revenue | $44.6B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9.3B |
| Operating Expenses | $9.3B |
| Cost & Expenses | $53.9B |
| OPERATING INCOME | $4.5B |
| Interest Income | $0 |
| Interest Expense | $374M |
| Other Income/Expenses | -$374M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $959M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $637M |
| EBIT | $4.5B |
| EBITDA | $5.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $637M |
| Stock-Based Compensation | $126M |
| Deferred Income Tax | $98M |
| Other Non-Cash Items | $124M |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$558M |
| Acquisitions (Net) | -$173M |
| Purchases of Investments | -$370M |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | -$2.4B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $2.9B |
| Common Stock Repurchased | -$850M |
| Common Dividends Paid | -$866M |
| Other Financing Activities | -$1.9B |
| NET CASH FROM FINANCING | -$672M |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | $603M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.9B |
| Short-Term Investments | $3.5B |
| Net Receivables | $11.4B |
| Inventory | $0 |
| Other Current Assets | $13.0B |
| TOTAL CURRENT ASSETS | $38.7B |
| PP&E (Net) | $8.5B |
| Goodwill | $58.9B |
| Intangible Assets | $9.3B |
| Long-Term Investments | $32.5B |
| Tax Assets | -$76.7B |
| Other Non-Current Assets | $81.0B |
| TOTAL NON-CURRENT ASSETS | $113.5B |
| TOTAL ASSETS | $152.2B |
| Account Payables | $36.6B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $2.4B |
| Other Current Liabilities | $12.2B |
| TOTAL CURRENT LIABILITIES | $53.2B |
| Long-Term Debt | $34.6B |
| Deferred Revenue NC | -$2.5B |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $8.2B |
| TOTAL NON-CURRENT LIABILITIES | $42.8B |
| TOTAL LIABILITIES | $96.0B |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $55.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51.7B |
| Minority Interest | $4.5B |
| TOTAL EQUITY | $56.2B |
| TOTAL LIABILITIES & EQUITY | $152.2B |
| Total Debt | $36.6B |
| Net Debt | $25.7B |
