| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $6.5B | $6.5B | 6.2% | 7.6% |
| Op. Income | $2.7B | $2.4B | $2.4B | 10.6% | 11.5% |
| Gross Margin | 78.0% | 75.3% | 78.2% | 2.7pp | -0.2pp |
| Net Margin | 27.6% | 26.2% | 25.0% | 1.4pp | 2.6pp |
| EPS (Diluted) | $1.19 | $1.06 | $0.98 | 12.3% | 21.4% |
| Free Cash Flow | $1.9B | $2.0B | $1.8B | -6.5% | 5.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $2.7B |
| Interest Income | $31M |
| Interest Expense | $284M |
| Other Income/Expenses | -$309M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $438M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $379M |
| EBIT | $2.6B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $2.7B |
| Interest Income | $31M |
| Interest Expense | $284M |
| Other Income/Expenses | -$309M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $438M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $379M |
| EBIT | $2.6B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $379M |
| Stock-Based Compensation | $76M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $175M |
| Change in Working Capital | -$542M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$126M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | -$421M |
| Sales/Maturities of Investments | $902M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $318M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | -$980M |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $1.1B |
| Net Receivables | $4.9B |
| Inventory | $1.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.0B |
| PP&E (Net) | $2.7B |
| Goodwill | $15.7B |
| Intangible Assets | $28.4B |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $50.0B |
| TOTAL ASSETS | $67.0B |
| Account Payables | $0 |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $33.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.4B |
| Other Non-Current Liabilities | $8.5B |
| TOTAL NON-CURRENT LIABILITIES | $48.7B |
| TOTAL LIABILITIES | $61.0B |
| Common Stock | $18M |
| Additional Paid-In Capital | $14.0B |
| Retained Earnings | $6.0B |
| Treasury Stock | -$11.4B |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $67.0B |
| Total Debt | $37.2B |
| Net Debt | $31.1B |
