| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.8B | $22.3B | $20.9B | 2.2% | 8.9% |
| Op. Income | $6.0B | $5.7B | $5.6B | 5.7% | 6.8% |
| Gross Margin | 72.1% | 74.3% | 76.7% | -2.2pp | -4.6pp |
| Net Margin | 18.1% | 17.4% | 18.3% | 0.8pp | -0.2pp |
| EPS (Diluted) | $1.42 | $1.28 | $1.24 | 10.9% | 14.5% |
| Free Cash Flow | $17.4B | -$19.4B | $6.6B | 189.3% | 164.8% |
| Item | Amount |
|---|---|
| REVENUE | $22.8B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $16.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $417M |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.7B |
| Other Expenses | $4.7B |
| Operating Expenses | $10.4B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $6.0B |
| Interest Income | $15.9B |
| Interest Expense | $4.4B |
| 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 | -$5M |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $920M |
| EBIT | $6.0B |
| EBITDA | $6.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22.8B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $16.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $417M |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.7B |
| Other Expenses | $4.7B |
| Operating Expenses | $10.4B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $6.0B |
| Interest Income | $15.9B |
| Interest Expense | $4.4B |
| 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 | -$5M |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $920M |
| EBIT | $6.0B |
| EBITDA | $6.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.1B |
| Depreciation & Amortization | $920M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.1B |
| Change in Working Capital | $11.0B |
| OPERATING CASH FLOW | $18.2B |
| Capital Expenditure | -$855M |
| Acquisitions (Net) | $679M |
| Purchases of Investments | -$54.4B |
| Sales/Maturities of Investments | $52.4B |
| Other Investing Activities | -$29.3B |
| NET CASH FROM INVESTING | -$31.5B |
| Net Debt Issuance | $7.8B |
| Common Stock Repurchased | -$5.4B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $11.8B |
| NET CASH FROM FINANCING | $13.0B |
| FREE CASH FLOW | $17.4B |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186.1B |
| Short-Term Investments | $285.7B |
| Net Receivables | $39.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $511.7B |
| PP&E (Net) | $0 |
| Goodwill | $22.3B |
| Intangible Assets | $5.3B |
| Long-Term Investments | $698.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $651.7B |
| TOTAL NON-CURRENT ASSETS | $1.4T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $63.2B |
| Short-Term Debt | $199.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1T |
| TOTAL CURRENT LIABILITIES | $1.4T |
| Long-Term Debt | $232.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62.3B |
| TOTAL NON-CURRENT LIABILITIES | $295.0B |
| TOTAL LIABILITIES | $1.7T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.9B |
| Retained Earnings | $155.2B |
| Treasury Stock | -$24.8B |
| Accum. Other Comp. Income | -$29.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $227.6B |
| Minority Interest | $988M |
| TOTAL EQUITY | $228.6B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $432.1B |
| Net Debt | $246.0B |
