| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.6B | $12.4B | — | -6.3% | — |
| Op. Income | $2.9B | $2.9B | — | 0.6% | — |
| Gross Margin | 62.8% | 63.8% | — | -1.0pp | — |
| Net Margin | 20.3% | 18.8% | — | 1.5pp | — |
| EPS (Diluted) | $0.47 | $0.46 | — | 2.2% | — |
| Free Cash Flow | $3.5B | $2.5B | — | 43.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $11.6B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.2B |
| General & Administrative | $456M |
| SG&A Expenses | $2.7B |
| Other Expenses | $197M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $2.9B |
| Interest Income | $329M |
| Interest Expense | $222M |
| Other Income/Expenses | $70M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $615M |
| 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 | $549M |
| EBIT | $3.2B |
| EBITDA | $3.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11.6B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.2B |
| General & Administrative | $456M |
| SG&A Expenses | $2.7B |
| Other Expenses | $197M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $2.9B |
| Interest Income | $329M |
| Interest Expense | $222M |
| Other Income/Expenses | $70M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $615M |
| 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 | $549M |
| EBIT | $3.2B |
| EBITDA | $3.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $549M |
| Stock-Based Compensation | $352M |
| Deferred Income Tax | -$184M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $681M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$251M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$9.3B |
| Sales/Maturities of Investments | $10.0B |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | $418M |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | -$999M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $128M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | $2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.9B |
| Short-Term Investments | $60.9B |
| Net Receivables | $9.0B |
| Inventory | $1.3B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $83.4B |
| PP&E (Net) | $3.4B |
| Goodwill | $26.8B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $4.3B |
| Other Non-Current Assets | $6.2B |
| TOTAL NON-CURRENT ASSETS | $42.9B |
| TOTAL ASSETS | $126.2B |
| Account Payables | $957M |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $10.2B |
| Other Current Liabilities | $7.0B |
| TOTAL CURRENT LIABILITIES | $22.7B |
| Long-Term Debt | $30.5B |
| Deferred Revenue NC | $6.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $39.7B |
| TOTAL LIABILITIES | $62.4B |
| Common Stock | $44.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $20.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$801M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.8B |
| Minority Interest | $7M |
| TOTAL EQUITY | $63.8B |
| TOTAL LIABILITIES & EQUITY | $126.2B |
| Total Debt | $34.9B |
| Net Debt | $24.0B |
