| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.3B | — | -0.6% | — |
| Op. Income | $918M | $816M | — | 12.5% | — |
| Gross Margin | 54.2% | 57.1% | — | -2.9pp | — |
| Net Margin | -6.2% | 11.5% | — | -17.7pp | — |
| EPS (Diluted) | $-0.22 | $0.42 | — | -152.4% | — |
| Free Cash Flow | $905M | $662M | — | 36.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $336M |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $918M |
| Interest Income | $22M |
| Interest Expense | $67M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | -$179M |
| Income Tax Expense | $178M |
| Net Income from Continuing Ops | -$357M |
| Net Income from Discontinued Ops | $28M |
| Other Adjustments | $0 |
| NET INCOME | -$329M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$329M |
| D&A | $340M |
| EBIT | -$112M |
| EBITDA | $228M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$329M |
| Depreciation & Amortization | $340M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | $951M |
| Other Non-Cash Items | $175M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$312M |
| Acquisitions (Net) | -$66M |
| Purchases of Investments | -$182M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$554M |
| Net Debt Issuance | -$398M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$384M |
| Other Financing Activities | $38M |
| NET CASH FROM FINANCING | -$746M |
| FREE CASH FLOW | $905M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $2.0B |
| Net Receivables | $3.3B |
| Inventory | $2.6B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $13.0B |
| PP&E (Net) | $5.7B |
| Goodwill | $7.8B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $26.5B |
| TOTAL ASSETS | $39.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.3B |
| TOTAL NON-CURRENT LIABILITIES | $10.3B |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $12.9B |
| Additional Paid-In Capital | $12.9B |
| Retained Earnings | $25.2B |
| Treasury Stock | -$10.8B |
| Accum. Other Comp. Income | -$6.5B |
| Other Equity | -$12.9B |
| TOTAL STOCKHOLDERS' EQUITY | $20.8B |
| Minority Interest | $120M |
| TOTAL EQUITY | $20.9B |
| TOTAL LIABILITIES & EQUITY | $39.5B |
| Total Debt | $8.5B |
| Net Debt | $6.0B |
