| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $5.8B | — | 2.7% | — |
| Op. Income | $2.5B | $2.5B | — | -1.7% | — |
| Gross Margin | 82.1% | 82.3% | — | -0.2pp | — |
| Net Margin | 32.4% | 34.7% | — | -2.3pp | — |
| EPS (Diluted) | $2.59 | $2.68 | — | -3.4% | — |
| Free Cash Flow | $2.8B | $2.6B | — | 6.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $12M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $126M |
| Interest Expense | $328M |
| Other Income/Expenses | -$202M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $348M |
| 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 | $559M |
| EBIT | $2.6B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $12M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $126M |
| Interest Expense | $328M |
| Other Income/Expenses | -$202M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $348M |
| 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 | $559M |
| EBIT | $2.6B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $559M |
| Stock-Based Compensation | $89M |
| Deferred Income Tax | $103M |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | $475M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$326M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | -$5.4B |
| Sales/Maturities of Investments | $4.4B |
| Other Investing Activities | $139M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$395M |
| Common Stock Repurchased | -$983M |
| Common Dividends Paid | -$747M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | -$244M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $34.8B |
| Net Receivables | $3.2B |
| Inventory | $2.7B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $46.0B |
| PP&E (Net) | $5.0B |
| Goodwill | $14.8B |
| Intangible Assets | $10.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $31.6B |
| TOTAL ASSETS | $77.6B |
| Account Payables | $917M |
| Short-Term Debt | $4.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $30.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $3.9B |
| TOTAL NON-CURRENT LIABILITIES | $36.5B |
| TOTAL LIABILITIES | $47.8B |
| Common Stock | $30.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$438M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$471M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.9B |
| TOTAL LIABILITIES & EQUITY | $77.6B |
| Total Debt | $34.6B |
| Net Debt | $31.4B |
