| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.2B | $18.7B | — | 8.3% | — |
| Op. Income | $3.3B | $1.5B | — | 114.3% | — |
| Gross Margin | 47.9% | 46.5% | — | 1.4pp | — |
| Net Margin | 12.4% | 10.8% | — | 1.6pp | — |
| EPS (Diluted) | $2.61 | $2.09 | — | 24.9% | — |
| Free Cash Flow | $2.4B | $4.4B | — | -45.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $20.2B |
| Cost of Revenue | $10.5B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $361M |
| General & Administrative | $4.8B |
| SG&A Expenses | $5.2B |
| Other Expenses | -$228M |
| Operating Expenses | $6.4B |
| Cost & Expenses | $17.0B |
| OPERATING INCOME | $3.3B |
| Interest Income | $29M |
| Interest Expense | $167M |
| Other Income/Expenses | -$230M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $544M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $1.1B |
| EBIT | $3.2B |
| EBITDA | $4.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $20.2B |
| Cost of Revenue | $10.5B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $361M |
| General & Administrative | $4.8B |
| SG&A Expenses | $5.2B |
| Other Expenses | -$228M |
| Operating Expenses | $6.4B |
| Cost & Expenses | $17.0B |
| OPERATING INCOME | $3.3B |
| Interest Income | $29M |
| Interest Expense | $167M |
| Other Income/Expenses | -$230M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $544M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $1.1B |
| EBIT | $3.2B |
| EBITDA | $4.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $128M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$272M |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | -$2.8B |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $859M |
| Other Investing Activities | -$269M |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$921M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$3.2B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$4.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.0B |
| Short-Term Investments | $600M |
| Net Receivables | $8.8B |
| Inventory | $1.7B |
| Other Current Assets | $18.0B |
| TOTAL CURRENT ASSETS | $43.5B |
| PP&E (Net) | $11.1B |
| Goodwill | $36.4B |
| Intangible Assets | $5.1B |
| Long-Term Investments | $5.3B |
| Tax Assets | $4.4B |
| Other Non-Current Assets | $12.2B |
| TOTAL NON-CURRENT ASSETS | $74.5B |
| TOTAL ASSETS | $118.1B |
| Account Payables | $5.5B |
| Short-Term Debt | $4.9B |
| Deferred Revenue | $11.5B |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $33.6B |
| Long-Term Debt | $39.6B |
| Deferred Revenue NC | $3.8B |
| Deferred Tax Liabilities | $16.7B |
| Other Non-Current Liabilities | $25.1B |
| TOTAL NON-CURRENT LIABILITIES | $68.6B |
| TOTAL LIABILITIES | $102.2B |
| Common Stock | $53.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $148.1B |
| Treasury Stock | -$157.3B |
| Accum. Other Comp. Income | -$28.6B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $15.7B |
| Minority Interest | $156M |
| TOTAL EQUITY | $15.9B |
| TOTAL LIABILITIES & EQUITY | $118.1B |
| Total Debt | $44.5B |
| Net Debt | $34.5B |
