| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.9B | $9.7B | $8.2B | 1.7% | 20.2% |
| Op. Income | $1.8B | $2.0B | $1.7B | -6.4% | 5.5% |
| Gross Margin | 86.4% | 88.6% | 88.6% | -2.2pp | -2.2pp |
| Net Margin | 13.8% | 13.9% | 13.9% | -0.1pp | -0.1pp |
| EPS (Diluted) | $1.50 | $1.47 | $1.20 | 2.0% | 25.0% |
| Free Cash Flow | $4.0B | $2.9B | $1.4B | 40.5% | 182.9% |
| Item | Amount |
|---|---|
| REVENUE | $9.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $1.3B |
| SG&A Expenses | $2.7B |
| Other Expenses | $4.0B |
| Operating Expenses | $6.7B |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $1.8B |
| Interest Income | $2.2B |
| Interest Expense | $568M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $472M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $338M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $1.3B |
| SG&A Expenses | $2.7B |
| Other Expenses | $4.0B |
| Operating Expenses | $6.7B |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $1.8B |
| Interest Income | $2.2B |
| Interest Expense | $568M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $472M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $338M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $338M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | -$63M |
| Other Non-Cash Items | $769M |
| Change in Working Capital | $1.8B |
| OPERATING CASH FLOW | $4.3B |
| Capital Expenditure | -$274M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | -$571M |
| Sales/Maturities of Investments | $696M |
| Other Investing Activities | -$6.1B |
| NET CASH FROM INVESTING | -$6.3B |
| Net Debt Issuance | -$4.4B |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$305M |
| Other Financing Activities | $3.6B |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $4.0B |
| Net Change in Cash | -$4.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26.1B |
| Short-Term Investments | $86M |
| Net Receivables | $2.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28.9B |
| PP&E (Net) | $4.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $125.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.2B |
| TOTAL NON-CURRENT ASSETS | $139.7B |
| TOTAL ASSETS | $168.6B |
| Account Payables | $12.2B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $63.7B |
| TOTAL CURRENT LIABILITIES | $78.2B |
| Long-Term Debt | $48.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20.5B |
| TOTAL NON-CURRENT LIABILITIES | $69.2B |
| TOTAL LIABILITIES | $147.5B |
| Common Stock | $175M |
| Additional Paid-In Capital | $12.3B |
| Retained Earnings | $10.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.1B |
| TOTAL LIABILITIES & EQUITY | $168.6B |
| Total Debt | $51.1B |
| Net Debt | $25.0B |
