| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42.4B | $50.6B | — | -16.2% | — |
| Op. Income | $10.1B | $14.0B | — | -27.8% | — |
| Gross Margin | 38.0% | 39.4% | — | -1.4pp | — |
| Net Margin | 18.4% | 20.8% | — | -2.4pp | — |
| EPS (Diluted) | $0.36 | $0.47 | — | -23.4% | — |
| Free Cash Flow | $7.7B | $9.0B | — | -14.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $42.4B |
| Cost of Revenue | $26.3B |
| GROSS PROFIT | $16.1B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $0 |
| Operating Expenses | $6.0B |
| Cost & Expenses | $32.3B |
| OPERATING INCOME | $10.1B |
| Interest Income | $1.0B |
| Interest Expense | $409M |
| Other Income/Expenses | $364M |
| INCOME BEFORE TAX | $10.5B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $7.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $2.5B |
| EBIT | $10.9B |
| EBITDA | $13.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42.4B |
| Cost of Revenue | $26.3B |
| GROSS PROFIT | $16.1B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $0 |
| Operating Expenses | $6.0B |
| Cost & Expenses | $32.3B |
| OPERATING INCOME | $10.1B |
| Interest Income | $1.0B |
| Interest Expense | $409M |
| Other Income/Expenses | $364M |
| INCOME BEFORE TAX | $10.5B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $7.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $2.5B |
| EBIT | $10.9B |
| EBITDA | $13.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7.8B |
| Depreciation & Amortization | $2.5B |
| Stock-Based Compensation | $1.1B |
| Deferred Income Tax | $2.1B |
| Other Non-Cash Items | $111M |
| Change in Working Capital | -$3.0B |
| OPERATING CASH FLOW | $10.6B |
| Capital Expenditure | -$2.9B |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$27.1B |
| Sales/Maturities of Investments | $25.6B |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | -$10.2B |
| Common Dividends Paid | -$3.2B |
| Other Financing Activities | $2.1B |
| NET CASH FROM FINANCING | -$9.4B |
| FREE CASH FLOW | $7.7B |
| Net Change in Cash | -$3.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.2B |
| Short-Term Investments | $43.5B |
| Net Receivables | $11.7B |
| Inventory | $1.8B |
| Other Current Assets | $18.5B |
| TOTAL CURRENT ASSETS | $93.8B |
| PP&E (Net) | $25.4B |
| Goodwill | $5.3B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $169.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.9B |
| TOTAL NON-CURRENT ASSETS | $211.8B |
| TOTAL ASSETS | $305.6B |
| Account Payables | $26.3B |
| Short-Term Debt | $16.0B |
| Deferred Revenue | $8.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $71.5B |
| Long-Term Debt | $68.9B |
| Deferred Revenue NC | $3.1B |
| Deferred Tax Liabilities | $24.6B |
| Other Non-Current Liabilities | $11.0B |
| TOTAL NON-CURRENT LIABILITIES | $107.6B |
| TOTAL LIABILITIES | $179.1B |
| Common Stock | $30.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $96.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $126.5B |
| TOTAL LIABILITIES & EQUITY | $305.6B |
| Total Debt | $84.9B |
| Net Debt | $66.7B |
