| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.7B | $30.4B | — | 7.6% | — |
| Op. Income | $575M | $1.3B | — | -55.3% | — |
| Gross Margin | 35.0% | 36.9% | — | -1.9pp | — |
| Net Margin | 0.8% | 2.8% | — | -2.0pp | — |
| EPS (Diluted) | $0.03 | $0.09 | — | -70.8% | — |
| Free Cash Flow | $2.8B | $1.9B | — | 50.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $32.7B |
| Cost of Revenue | $21.3B |
| GROSS PROFIT | $11.5B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $1.7B |
| General & Administrative | $639M |
| SG&A Expenses | $2.4B |
| Other Expenses | $4.4B |
| Operating Expenses | $10.9B |
| Cost & Expenses | $32.1B |
| OPERATING INCOME | $575M |
| Interest Income | $26M |
| Interest Expense | $118M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | $481M |
| Income Tax Expense | $229M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $2.1B |
| EBIT | $609M |
| EBITDA | $2.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32.7B |
| Cost of Revenue | $21.3B |
| GROSS PROFIT | $11.5B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $1.7B |
| General & Administrative | $639M |
| SG&A Expenses | $2.4B |
| Other Expenses | $4.4B |
| Operating Expenses | $10.9B |
| Cost & Expenses | $32.1B |
| OPERATING INCOME | $575M |
| Interest Income | $26M |
| Interest Expense | $118M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | $481M |
| Income Tax Expense | $229M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $2.1B |
| EBIT | $609M |
| EBITDA | $2.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $252M |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $776M |
| Deferred Income Tax | -$81M |
| Other Non-Cash Items | -$2.6B |
| Change in Working Capital | $4.0B |
| OPERATING CASH FLOW | $4.7B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | -$84M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.7B |
| Short-Term Investments | $4.7B |
| Net Receivables | $6.6B |
| Inventory | $10.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $35.6B |
| PP&E (Net) | $27.2B |
| Goodwill | $3.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $35.3B |
| TOTAL ASSETS | $70.9B |
| Account Payables | $18.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $4.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $33.5B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $19.6B |
| TOTAL LIABILITIES | $53.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $16.0B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$521M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.8B |
| TOTAL LIABILITIES & EQUITY | $70.9B |
| Total Debt | $8.2B |
| Net Debt | -$5.5B |
