| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45.4B | $52.9B | $42.4B | -14.2% | 7.2% |
| Op. Income | $10.8B | $14.1B | $10.1B | -23.6% | 6.6% |
| Gross Margin | 38.5% | 38.9% | 38.0% | -0.4pp | 0.5pp |
| Net Margin | 19.2% | 20.9% | 18.4% | -1.7pp | 0.8pp |
| EPS (Diluted) | $0.42 | $0.53 | $0.36 | -20.8% | 16.7% |
| Free Cash Flow | $6.3B | $9.6B | $7.7B | -33.9% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $45.4B |
| Cost of Revenue | $27.9B |
| GROSS PROFIT | $17.5B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | $0 |
| Operating Expenses | $6.7B |
| Cost & Expenses | $34.6B |
| OPERATING INCOME | $10.8B |
| Interest Income | $1.3B |
| Interest Expense | $602M |
| Other Income/Expenses | $540M |
| INCOME BEFORE TAX | $11.3B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $8.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.7B |
| D&A | $2.4B |
| EBIT | $11.9B |
| EBITDA | $14.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45.4B |
| Cost of Revenue | $27.9B |
| GROSS PROFIT | $17.5B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | $0 |
| Operating Expenses | $6.7B |
| Cost & Expenses | $34.6B |
| OPERATING INCOME | $10.8B |
| Interest Income | $1.3B |
| Interest Expense | $602M |
| Other Income/Expenses | $540M |
| INCOME BEFORE TAX | $11.3B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $8.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.7B |
| D&A | $2.4B |
| EBIT | $11.9B |
| EBITDA | $14.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8.7B |
| Depreciation & Amortization | $2.4B |
| Stock-Based Compensation | $1.2B |
| Deferred Income Tax | $1.9B |
| Other Non-Cash Items | $67M |
| Change in Working Capital | -$5.6B |
| OPERATING CASH FLOW | $8.7B |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | -$181M |
| Purchases of Investments | -$24.2B |
| Sales/Maturities of Investments | $23.3B |
| Other Investing Activities | $114M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $9.2B |
| Common Stock Repurchased | -$7.1B |
| Common Dividends Paid | -$3.4B |
| Other Financing Activities | -$858M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $6.3B |
| Net Change in Cash | $3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.6B |
| Short-Term Investments | $58.2B |
| Net Receivables | $22.6B |
| Inventory | $3.1B |
| Other Current Assets | $10.3B |
| TOTAL CURRENT ASSETS | $112.9B |
| PP&E (Net) | $29.3B |
| Goodwill | $5.7B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $184.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.2B |
| TOTAL NON-CURRENT ASSETS | $232.3B |
| TOTAL ASSETS | $345.2B |
| Account Payables | $31.9B |
| Short-Term Debt | $18.5B |
| Deferred Revenue | $7.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $81.3B |
| Long-Term Debt | $89.9B |
| Deferred Revenue NC | $3.0B |
| Deferred Tax Liabilities | $30.2B |
| Other Non-Current Liabilities | $8.4B |
| TOTAL NON-CURRENT LIABILITIES | $131.4B |
| TOTAL LIABILITIES | $212.7B |
| Common Stock | $34.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $98.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$545M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $132.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $132.4B |
| TOTAL LIABILITIES & EQUITY | $345.2B |
| Total Debt | $108.3B |
| Net Debt | $89.8B |
