| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.1B | $21.0B | $24.8B | 9.9% | -6.9% |
| Op. Income | $2.5B | $1.9B | -$419M | 28.4% | 695.0% |
| Gross Margin | 18.9% | 17.7% | 9.8% | 1.2pp | 9.1pp |
| Net Margin | 7.6% | 6.9% | -0.9% | 0.7pp | 8.5pp |
| EPS (Diluted) | $2.89 | $2.54 | $-0.37 | 13.8% | 881.1% |
| Free Cash Flow | $4.4B | $1.6B | $2.6B | 169.0% | 70.9% |
| Item | Amount |
|---|---|
| REVENUE | $23.1B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $813M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $20.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $708M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | -$12M |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $494M |
| EBIT | $2.6B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $23.1B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $813M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $20.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $708M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | -$12M |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $494M |
| EBIT | $2.6B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $494M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $75M |
| Change in Working Capital | $2.5B |
| OPERATING CASH FLOW | $5.0B |
| Capital Expenditure | -$570M |
| Acquisitions (Net) | -$115M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $638M |
| Other Investing Activities | $138M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$852M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | -$3.3B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | $547M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.7B |
| Short-Term Investments | $1.6B |
| Net Receivables | $10.1B |
| Inventory | $42.5B |
| Other Current Assets | $549M |
| TOTAL CURRENT ASSETS | $62.8B |
| PP&E (Net) | $12.8B |
| Goodwill | $5.3B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $1.3B |
| Tax Assets | $325M |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $27.2B |
| TOTAL ASSETS | $90.0B |
| Account Payables | $12.1B |
| Short-Term Debt | $720M |
| Deferred Revenue | $25.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $52.9B |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $27.6B |
| TOTAL NON-CURRENT LIABILITIES | $39.1B |
| TOTAL LIABILITIES | $92.0B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $42.2B |
| Treasury Stock | -$40.7B |
| Accum. Other Comp. Income | -$13.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.0B |
| Minority Interest | $59M |
| TOTAL EQUITY | -$2.0B |
| TOTAL LIABILITIES & EQUITY | $90.0B |
| Total Debt | $10.8B |
| Net Debt | $2.0B |
