Innovating in the New
From our Chairman & CEO
"Our strong and durable performance reflects the successful execution of our growth strategy."
Our financial report
Net Revenues
$39.6B
An increase of 10.5 percent in local currency and 14 percent in US dollars from fiscal 2017. Includes $23 billion from digital, cloud and security services—up about 25 percent in local currency
New Bookings
$42.8B
An increase of 12 percent in local currency and 15 percent in US dollars from fiscal 2017
Diluted Earnings Per Share
$6.34 GAAP
After excluding $0.40 in charges related to tax law changes in fiscal 2018 and a $0.47 pension settlement charge in fiscal 2017, adjusted EPS of $6.74 increased 14 percent from $5.91 in fiscal 2017
Operating Margin
14.8%
Consistent with adjusted operating margin of 14.8 percent for fiscal 2017, which excludes a 150 basis-point impact from the pension settlement charge in fiscal 2017
Free Cash Flow
$5.4B
Defined as operating cash flow of $6.0 billion net of property and equipment additions of $619 million
Cash Returned to Shareholders
$4.3B
Defined as cash dividends of $1.7 billion plus share repurchases of $2.6 billion