| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.4B | $5.2B | 0.8% | 5.5% |
| Op. Income | $2.3B | $2.0B | $2.0B | 11.9% | 14.6% |
| Gross Margin | 45.7% | 41.5% | 42.5% | 4.2pp | 3.2pp |
| Net Margin | 133.5% | 22.1% | 22.1% | 111.5pp | 111.4pp |
| EPS (Diluted) | $9.25 | $1.50 | $1.39 | 516.7% | 565.5% |
| Free Cash Flow | $973M | $1.1B | $1.2B | -15.3% | -15.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $239M |
| Operating Expenses | $239M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.3B |
| Interest Income | $6M |
| Interest Expense | $188M |
| Other Income/Expenses | -$159M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | -$5.2B |
| Net Income from Continuing Ops | $7.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.3B |
| D&A | $532M |
| EBIT | $2.3B |
| EBITDA | $2.8B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $239M |
| Operating Expenses | $239M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.3B |
| Interest Income | $6M |
| Interest Expense | $188M |
| Other Income/Expenses | -$159M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | -$5.2B |
| Net Income from Continuing Ops | $7.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.3B |
| D&A | $532M |
| EBIT | $2.3B |
| EBITDA | $2.8B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $7.3B |
| Depreciation & Amortization | $532M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$5.6B |
| Other Non-Cash Items | -$367M |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$859M |
| Acquisitions (Net) | $859M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | -$826M |
| Net Debt Issuance | $81M |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$522M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $973M |
| Net Change in Cash | -$572M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $90M |
| Net Receivables | $1.5B |
| Inventory | $749M |
| Other Current Assets | $399M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $51.0B |
| Goodwill | $0 |
| Intangible Assets | $645M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $386M |
| TOTAL NON-CURRENT ASSETS | $53.8B |
| TOTAL ASSETS | $57.8B |
| Account Payables | $1.0B |
| Short-Term Debt | $800M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $671M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $16.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.9B |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $29.0B |
| TOTAL LIABILITIES | $33.0B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $41.3B |
| Treasury Stock | -$22.6B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.9B |
| TOTAL LIABILITIES & EQUITY | $57.8B |
| Total Debt | $16.9B |
| Net Debt | $15.7B |
