| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.9B | $11.6B | $12.0B | 3.1% | -0.5% |
| Op. Income | $3.2B | $2.9B | $3.0B | 9.5% | 6.2% |
| Gross Margin | 63.0% | 62.8% | 64.3% | 0.1pp | -1.4pp |
| Net Margin | 21.1% | 20.3% | 19.6% | 0.8pp | 1.5pp |
| EPS (Diluted) | $0.50 | $0.47 | $0.46 | 6.4% | 8.7% |
| Free Cash Flow | $3.1B | $3.5B | $2.8B | -10.7% | 13.9% |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.2B |
| General & Administrative | $487M |
| SG&A Expenses | $2.7B |
| Other Expenses | $129M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $3.2B |
| Interest Income | $354M |
| Interest Expense | $219M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $676M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $560M |
| EBIT | $3.4B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.2B |
| General & Administrative | $487M |
| SG&A Expenses | $2.7B |
| Other Expenses | $129M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $3.2B |
| Interest Income | $354M |
| Interest Expense | $219M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $676M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $560M |
| EBIT | $3.4B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $560M |
| Stock-Based Compensation | $400M |
| Deferred Income Tax | -$99M |
| Other Non-Cash Items | $69M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$230M |
| Acquisitions (Net) | -$3.0B |
| Purchases of Investments | -$7.7B |
| Sales/Maturities of Investments | $9.2B |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$590M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$4.4B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | -$2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $59.9B |
| Net Receivables | $9.3B |
| Inventory | $1.4B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $80.0B |
| PP&E (Net) | $3.4B |
| Goodwill | $29.5B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $4.4B |
| Other Non-Current Assets | $6.0B |
| TOTAL NON-CURRENT ASSETS | $46.0B |
| TOTAL ASSETS | $126.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $4.2B |
| Deferred Revenue | $10.3B |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $22.7B |
| Long-Term Debt | $28.2B |
| Deferred Revenue NC | $7.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $37.9B |
| TOTAL LIABILITIES | $60.6B |
| Common Stock | $45.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $20.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$342M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $65.4B |
| TOTAL LIABILITIES & EQUITY | $126.0B |
| Total Debt | $32.5B |
| Net Debt | $24.4B |
