| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.4B | $12.6B | — | -2.3% | — |
| Op. Income | $2.9B | $3.3B | — | -12.9% | — |
| Gross Margin | 63.8% | 63.1% | — | 0.7pp | — |
| Net Margin | 18.8% | 22.3% | — | -3.5pp | — |
| EPS (Diluted) | $0.46 | $0.56 | — | -17.9% | — |
| Free Cash Flow | $2.5B | $3.6B | — | -30.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $7.9B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.4B |
| General & Administrative | $555M |
| SG&A Expenses | $3.0B |
| Other Expenses | $489M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $2.9B |
| Interest Income | $295M |
| Interest Expense | $198M |
| Other Income/Expenses | $76M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $631M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $599M |
| EBIT | $3.2B |
| EBITDA | $3.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $7.9B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.4B |
| General & Administrative | $555M |
| SG&A Expenses | $3.0B |
| Other Expenses | $489M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $2.9B |
| Interest Income | $295M |
| Interest Expense | $198M |
| Other Income/Expenses | $76M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $631M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $599M |
| EBIT | $3.2B |
| EBITDA | $3.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $599M |
| Stock-Based Compensation | $372M |
| Deferred Income Tax | $158M |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | -$677M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$275M |
| Acquisitions (Net) | -$251M |
| Purchases of Investments | -$18.7B |
| Sales/Maturities of Investments | $13.8B |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$5.4B |
| Net Debt Issuance | $6.2B |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $119M |
| NET CASH FROM FINANCING | $3.6B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | $952M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.6B |
| Short-Term Investments | $62.4B |
| Net Receivables | $9.3B |
| Inventory | $1.2B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $83.1B |
| PP&E (Net) | $3.5B |
| Goodwill | $26.8B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $4.1B |
| Other Non-Current Assets | $6.5B |
| TOTAL NON-CURRENT ASSETS | $43.1B |
| TOTAL ASSETS | $126.3B |
| Account Payables | $996M |
| Short-Term Debt | $4.2B |
| Deferred Revenue | $10.2B |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $23.2B |
| Long-Term Debt | $30.6B |
| Deferred Revenue NC | $6.7B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $39.7B |
| TOTAL LIABILITIES | $62.9B |
| Common Stock | $44.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $19.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$524M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.4B |
| Minority Interest | $7M |
| TOTAL EQUITY | $63.4B |
| TOTAL LIABILITIES & EQUITY | $126.3B |
| Total Debt | $34.8B |
| Net Debt | $26.2B |
