| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.3B | $21.9B | $20.7B | 1.7% | 7.9% |
| Op. Income | $5.7B | $6.0B | $5.8B | -5.1% | -1.6% |
| Gross Margin | 74.3% | 76.3% | 78.3% | -2.0pp | -4.0pp |
| Net Margin | 17.4% | 18.6% | 19.3% | -1.3pp | -2.0pp |
| EPS (Diluted) | $1.28 | $1.35 | $1.24 | -5.2% | 3.2% |
| Free Cash Flow | -$19.4B | -$3.8B | — | -406.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $22.3B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $432M |
| General & Administrative | $5.5B |
| SG&A Expenses | $5.9B |
| Other Expenses | $5.0B |
| Operating Expenses | $10.9B |
| Cost & Expenses | $16.6B |
| OPERATING INCOME | $5.7B |
| Interest Income | $15.3B |
| Interest Expense | $4.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $21M |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $901M |
| EBIT | $5.7B |
| EBITDA | $6.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22.3B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $432M |
| General & Administrative | $5.5B |
| SG&A Expenses | $5.9B |
| Other Expenses | $5.0B |
| Operating Expenses | $10.9B |
| Cost & Expenses | $16.6B |
| OPERATING INCOME | $5.7B |
| Interest Income | $15.3B |
| Interest Expense | $4.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $21M |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $901M |
| EBIT | $5.7B |
| EBITDA | $6.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.9B |
| Depreciation & Amortization | $901M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.9B |
| Change in Working Capital | -$25.3B |
| OPERATING CASH FLOW | -$18.6B |
| Capital Expenditure | -$861M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55.3B |
| Sales/Maturities of Investments | $51.1B |
| Other Investing Activities | -$9.9B |
| NET CASH FROM INVESTING | -$15.1B |
| Net Debt Issuance | $27.0B |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$760M |
| Other Financing Activities | $15.3B |
| NET CASH FROM FINANCING | $39.8B |
| FREE CASH FLOW | -$19.4B |
| Net Change in Cash | $6.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186.1B |
| Short-Term Investments | $285.1B |
| Net Receivables | $42.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $513.5B |
| PP&E (Net) | $0 |
| Goodwill | $22.3B |
| Intangible Assets | $5.4B |
| Long-Term Investments | $688.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $634.1B |
| TOTAL NON-CURRENT ASSETS | $1.4T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $62.9B |
| Short-Term Debt | $191.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1T |
| TOTAL CURRENT LIABILITIES | $1.3T |
| Long-Term Debt | $225.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58.0B |
| TOTAL NON-CURRENT LIABILITIES | $283.2B |
| TOTAL LIABILITIES | $1.6T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.8B |
| Retained Earnings | $152.2B |
| Treasury Stock | -$19.3B |
| Accum. Other Comp. Income | -$29.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $230.0B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $231.1B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $416.5B |
| Net Debt | $230.4B |
