| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.1B | $11.9B | $12.6B | 1.6% | -4.0% |
| Op. Income | $3.0B | $3.2B | $3.3B | -4.3% | -8.1% |
| Gross Margin | 62.2% | 63.0% | 63.1% | -0.8pp | -0.9pp |
| Net Margin | 20.0% | 21.1% | 22.3% | -1.1pp | -2.3pp |
| EPS (Diluted) | $0.48 | $0.50 | $0.56 | -4.0% | -14.3% |
| Free Cash Flow | $3.8B | $3.1B | $3.6B | 20.7% | 6.8% |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.3B |
| General & Administrative | $495M |
| SG&A Expenses | $2.8B |
| Other Expenses | $58M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $9.1B |
| OPERATING INCOME | $3.0B |
| Interest Income | $360M |
| Interest Expense | $222M |
| Other Income/Expenses | $146M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $756M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $578M |
| EBIT | $3.4B |
| EBITDA | $4.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.3B |
| General & Administrative | $495M |
| SG&A Expenses | $2.8B |
| Other Expenses | $58M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $9.1B |
| OPERATING INCOME | $3.0B |
| Interest Income | $360M |
| Interest Expense | $222M |
| Other Income/Expenses | $146M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $756M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $578M |
| EBIT | $3.4B |
| EBITDA | $4.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $578M |
| Stock-Based Compensation | $402M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | $654M |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$208M |
| Acquisitions (Net) | -$113M |
| Purchases of Investments | -$7.2B |
| Sales/Maturities of Investments | $8.2B |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $695M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $390M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $3.8B |
| Net Change in Cash | $3.6B |
| 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 |
