| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.9B | $20.3B | $20.5B | 8.1% | 7.0% |
| Op. Income | $6.0B | $5.1B | $5.0B | 17.3% | 19.9% |
| Gross Margin | 76.3% | 75.2% | 76.1% | 1.1pp | 0.2pp |
| Net Margin | 18.6% | 17.6% | 17.1% | 1.0pp | 1.6pp |
| EPS (Diluted) | $1.35 | $1.14 | $1.10 | 18.4% | 22.7% |
| Free Cash Flow | -$3.8B | $24.9B | -$1.2B | -115.4% | -209.5% |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $16.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $373M |
| General & Administrative | $5.6B |
| SG&A Expenses | $5.9B |
| Other Expenses | $4.8B |
| Operating Expenses | $10.8B |
| Cost & Expenses | $16.0B |
| OPERATING INCOME | $6.0B |
| Interest Income | $14.5B |
| Interest Expense | $3.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $4.1B |
| Net Income from Discontinued Ops | -$18M |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $896M |
| EBIT | $6.0B |
| EBITDA | $6.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $16.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $373M |
| General & Administrative | $5.6B |
| SG&A Expenses | $5.9B |
| Other Expenses | $4.8B |
| Operating Expenses | $10.8B |
| Cost & Expenses | $16.0B |
| OPERATING INCOME | $6.0B |
| Interest Income | $14.5B |
| Interest Expense | $3.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $4.1B |
| Net Income from Discontinued Ops | -$18M |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $896M |
| EBIT | $6.0B |
| EBITDA | $6.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.1B |
| Depreciation & Amortization | $896M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.0B |
| Change in Working Capital | -$6.1B |
| OPERATING CASH FLOW | -$3.1B |
| Capital Expenditure | -$786M |
| Acquisitions (Net) | $2.7B |
| Purchases of Investments | -$41.6B |
| Sales/Maturities of Investments | $53.5B |
| Other Investing Activities | -$10.7B |
| NET CASH FROM INVESTING | $3.1B |
| Net Debt Issuance | -$4.9B |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | -$744M |
| Other Financing Activities | $26.6B |
| NET CASH FROM FINANCING | $19.1B |
| FREE CASH FLOW | -$3.8B |
| Net Change in Cash | $19.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180.0B |
| Short-Term Investments | $282.2B |
| Net Receivables | $38.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $500.9B |
| PP&E (Net) | $0 |
| Goodwill | $22.3B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $669.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $623.5B |
| TOTAL NON-CURRENT ASSETS | $1.3T |
| TOTAL ASSETS | $1.8T |
| Account Payables | $59.7B |
| Short-Term Debt | $174.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1T |
| TOTAL CURRENT LIABILITIES | $1.3T |
| Long-Term Debt | $208.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55.9B |
| TOTAL NON-CURRENT LIABILITIES | $264.4B |
| TOTAL LIABILITIES | $1.6T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.6B |
| Retained Earnings | $149.7B |
| Treasury Stock | -$17.6B |
| Accum. Other Comp. Income | -$30.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228.1B |
| Minority Interest | $1.0B |
| TOTAL EQUITY | $229.2B |
| TOTAL LIABILITIES & EQUITY | $1.8T |
| Total Debt | $382.9B |
| Net Debt | $202.8B |
