| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.0B | — | $49.2B | — | -2.5% |
| Op. Income | $12.0B | — | $12.7B | — | -5.4% |
| Gross Margin | 63.0% | — | 62.9% | — | 0.1pp |
| Net Margin | 20.0% | — | 21.8% | — | -1.8pp |
| EPS (Diluted) | $1.90 | — | $2.11 | — | -10.0% |
| Free Cash Flow | $12.9B | — | $12.4B | — | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $48.0B |
| Cost of Revenue | $17.8B |
| GROSS PROFIT | $30.2B |
| R&D Expenses | $6.1B |
| Selling & Marketing | $9.2B |
| General & Administrative | $2.0B |
| SG&A Expenses | $11.2B |
| Other Expenses | $1.0B |
| Operating Expenses | $18.3B |
| Cost & Expenses | $36.0B |
| OPERATING INCOME | $12.0B |
| Interest Income | $1.3B |
| Interest Expense | $861M |
| Other Income/Expenses | $314M |
| INCOME BEFORE TAX | $12.3B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $9.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.6B |
| D&A | $2.2B |
| EBIT | $13.1B |
| EBITDA | $15.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $48.0B |
| Cost of Revenue | $17.8B |
| GROSS PROFIT | $30.2B |
| R&D Expenses | $6.1B |
| Selling & Marketing | $9.2B |
| General & Administrative | $2.0B |
| SG&A Expenses | $11.2B |
| Other Expenses | $1.0B |
| Operating Expenses | $18.3B |
| Cost & Expenses | $36.0B |
| OPERATING INCOME | $12.0B |
| Interest Income | $1.3B |
| Interest Expense | $861M |
| Other Income/Expenses | $314M |
| INCOME BEFORE TAX | $12.3B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $9.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.6B |
| D&A | $2.2B |
| EBIT | $13.1B |
| EBITDA | $15.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $9.6B |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $1.5B |
| Deferred Income Tax | -$124M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $586M |
| OPERATING CASH FLOW | $13.9B |
| Capital Expenditure | -$964M |
| Acquisitions (Net) | -$3.3B |
| Purchases of Investments | -$42.9B |
| Sales/Maturities of Investments | $41.2B |
| Other Investing Activities | $46M |
| NET CASH FROM INVESTING | -$6.0B |
| Net Debt Issuance | $5.3B |
| Common Stock Repurchased | -$4.3B |
| Common Dividends Paid | -$5.5B |
| Other Financing Activities | $683M |
| NET CASH FROM FINANCING | -$3.8B |
| FREE CASH FLOW | $12.9B |
| Net Change in Cash | $4.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.7B |
| Short-Term Investments | $58.8B |
| Net Receivables | $10.0B |
| Inventory | $1.6B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $83.7B |
| PP&E (Net) | $3.3B |
| Goodwill | $29.8B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $0 |
| Tax Assets | $4.2B |
| Other Non-Current Assets | $6.2B |
| TOTAL NON-CURRENT ASSETS | $46.1B |
| TOTAL ASSETS | $129.8B |
| Account Payables | $1.4B |
| Short-Term Debt | $8.0B |
| Deferred Revenue | $10.8B |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $27.6B |
| Long-Term Debt | $25.7B |
| Deferred Revenue NC | $7.7B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $36.1B |
| TOTAL LIABILITIES | $63.7B |
| Common Stock | $45.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $20.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $66.1B |
| TOTAL LIABILITIES & EQUITY | $129.8B |
| Total Debt | $33.7B |
| Net Debt | $22.0B |
