| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52.9B | $78.4B | $50.6B | -32.5% | 4.6% |
| Op. Income | $14.1B | $23.4B | $14.0B | -39.7% | 0.8% |
| Gross Margin | 38.9% | 38.5% | 39.4% | 0.4pp | -0.5pp |
| Net Margin | 20.9% | 22.8% | 20.8% | -2.0pp | 0.1pp |
| EPS (Diluted) | $0.53 | $0.84 | $0.47 | -36.9% | 12.8% |
| Free Cash Flow | $9.6B | $23.8B | $9.0B | -59.9% | 6.1% |
| Item | Amount |
|---|---|
| REVENUE | $52.9B |
| Cost of Revenue | $32.3B |
| GROSS PROFIT | $20.6B |
| R&D Expenses | $2.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $0 |
| Operating Expenses | $6.5B |
| Cost & Expenses | $38.8B |
| OPERATING INCOME | $14.1B |
| Interest Income | $1.3B |
| Interest Expense | $530M |
| Other Income/Expenses | $587M |
| INCOME BEFORE TAX | $14.7B |
| Income Tax Expense | $3.7B |
| Net Income from Continuing Ops | $11.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.0B |
| D&A | $2.3B |
| EBIT | $15.2B |
| EBITDA | $17.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52.9B |
| Cost of Revenue | $32.3B |
| GROSS PROFIT | $20.6B |
| R&D Expenses | $2.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $0 |
| Operating Expenses | $6.5B |
| Cost & Expenses | $38.8B |
| OPERATING INCOME | $14.1B |
| Interest Income | $1.3B |
| Interest Expense | $530M |
| Other Income/Expenses | $587M |
| INCOME BEFORE TAX | $14.7B |
| Income Tax Expense | $3.7B |
| Net Income from Continuing Ops | $11.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.0B |
| D&A | $2.3B |
| EBIT | $15.2B |
| EBITDA | $17.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11.0B |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $1.2B |
| Deferred Income Tax | $1.4B |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$3.4B |
| OPERATING CASH FLOW | $12.6B |
| Capital Expenditure | -$3.0B |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$45.5B |
| Sales/Maturities of Investments | $34.2B |
| Other Investing Activities | $94M |
| NET CASH FROM INVESTING | -$14.2B |
| Net Debt Issuance | $10.5B |
| Common Stock Repurchased | -$7.2B |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | $273M |
| NET CASH FROM FINANCING | $418M |
| FREE CASH FLOW | $9.6B |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.2B |
| Short-Term Investments | $51.9B |
| Net Receivables | $20.6B |
| Inventory | $2.9B |
| Other Current Assets | $11.4B |
| TOTAL CURRENT ASSETS | $102.0B |
| PP&E (Net) | $27.2B |
| Goodwill | $5.5B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $189.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.5B |
| TOTAL NON-CURRENT ASSETS | $232.5B |
| TOTAL ASSETS | $334.5B |
| Account Payables | $28.6B |
| Short-Term Debt | $14.0B |
| Deferred Revenue | $7.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $73.3B |
| Long-Term Debt | $84.5B |
| Deferred Revenue NC | $3.1B |
| Deferred Tax Liabilities | $28.2B |
| Other Non-Current Liabilities | $11.2B |
| TOTAL NON-CURRENT LIABILITIES | $127.1B |
| TOTAL LIABILITIES | $200.4B |
| Common Stock | $33.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $100.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$422M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $134.1B |
| TOTAL LIABILITIES & EQUITY | $334.5B |
| Total Debt | $98.5B |
| Net Debt | $83.4B |
