| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.1B | $22.5B | — | 16.1% | — |
| Op. Income | $6.6B | $5.8B | — | 15.1% | — |
| Gross Margin | 59.1% | 61.3% | — | -2.2pp | — |
| Net Margin | 20.5% | 22.5% | — | -2.1pp | — |
| EPS (Diluted) | $0.38 | $0.36 | — | 5.6% | — |
| Free Cash Flow | $6.3B | $7.3B | — | -13.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $26.1B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $15.4B |
| R&D Expenses | $3.6B |
| Selling & Marketing | $3.1B |
| General & Administrative | $2.0B |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $8.8B |
| Cost & Expenses | $19.4B |
| OPERATING INCOME | $6.6B |
| Interest Income | $325M |
| Interest Expense | $33M |
| Other Income/Expenses | $218M |
| INCOME BEFORE TAX | $6.9B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $5.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.3B |
| D&A | $1.7B |
| EBIT | $6.9B |
| EBITDA | $8.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26.1B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $15.4B |
| R&D Expenses | $3.6B |
| Selling & Marketing | $3.1B |
| General & Administrative | $2.0B |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $8.8B |
| Cost & Expenses | $19.4B |
| OPERATING INCOME | $6.6B |
| Interest Income | $325M |
| Interest Expense | $33M |
| Other Income/Expenses | $218M |
| INCOME BEFORE TAX | $6.9B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $5.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.3B |
| D&A | $1.7B |
| EBIT | $6.9B |
| EBITDA | $8.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5.3B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $1.8B |
| Deferred Income Tax | -$157M |
| Other Non-Cash Items | $128M |
| Change in Working Capital | $576M |
| OPERATING CASH FLOW | $9.4B |
| Capital Expenditure | -$3.1B |
| Acquisitions (Net) | -$662M |
| Purchases of Investments | -$13.8B |
| Sales/Maturities of Investments | $12.8B |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$4.7B |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $3.7B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$879M |
| NET CASH FROM FINANCING | -$892M |
| FREE CASH FLOW | $6.3B |
| Net Change in Cash | $3.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.9B |
| Short-Term Investments | $73.4B |
| Net Receivables | $14.2B |
| Inventory | $268M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $105.4B |
| PP&E (Net) | $34.2B |
| Goodwill | $16.5B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $5.9B |
| Tax Assets | $383M |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $62.1B |
| TOTAL ASSETS | $167.5B |
| Account Payables | $2.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $16.8B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $202M |
| Deferred Tax Liabilities | $226M |
| Other Non-Current Liabilities | $7.3B |
| TOTAL NON-CURRENT LIABILITIES | $11.7B |
| TOTAL LIABILITIES | $28.5B |
| Common Stock | $36.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $105.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $139.0B |
| TOTAL LIABILITIES & EQUITY | $167.5B |
| Total Debt | $3.9B |
| Net Debt | -$9.0B |
