| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.3B | $5.3B | 4.8% | 24.5% |
| Op. Income | $388M | -$66M | $816M | 687.9% | -52.5% |
| Gross Margin | 46.1% | 43.8% | 57.1% | 2.3pp | -11.0pp |
| Net Margin | 4.3% | 6.6% | 11.5% | -2.4pp | -7.3pp |
| EPS (Diluted) | $0.16 | $0.24 | $0.42 | -33.3% | -61.9% |
| Free Cash Flow | $1.1B | $302M | $662M | 262.9% | 65.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $520M |
| Selling & Marketing | $0 |
| General & Administrative | $2.1B |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.7B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $388M |
| Interest Income | $31M |
| Interest Expense | $228M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $13M |
| Other Adjustments | $0 |
| NET INCOME | $283M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $283M |
| D&A | $648M |
| EBIT | $523M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $520M |
| Selling & Marketing | $0 |
| General & Administrative | $2.1B |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.7B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $388M |
| Interest Income | $31M |
| Interest Expense | $228M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $13M |
| Other Adjustments | $0 |
| NET INCOME | $283M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $283M |
| D&A | $648M |
| EBIT | $523M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $283M |
| Depreciation & Amortization | $648M |
| Stock-Based Compensation | $92M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $379M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$255M |
| Acquisitions (Net) | $238M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$462M |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | -$384M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $969M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $160M |
| Net Receivables | $4.6B |
| Inventory | $3.6B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $20.0B |
| PP&E (Net) | $7.3B |
| Goodwill | $22.1B |
| Intangible Assets | $18.7B |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $51.2B |
| TOTAL ASSETS | $71.2B |
| Account Payables | $1.7B |
| Short-Term Debt | $221M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $23.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $32.6B |
| TOTAL LIABILITIES | $39.4B |
| Common Stock | $23.0B |
| Additional Paid-In Capital | $23.0B |
| Retained Earnings | $25.2B |
| Treasury Stock | -$10.4B |
| Accum. Other Comp. Income | -$6.3B |
| Other Equity | -$23.0B |
| TOTAL STOCKHOLDERS' EQUITY | $31.6B |
| Minority Interest | $186M |
| TOTAL EQUITY | $31.8B |
| TOTAL LIABILITIES & EQUITY | $71.2B |
| Total Debt | $24.0B |
| Net Debt | $14.4B |
