| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.3B | $18.2B | $20.2B | 6.2% | -4.7% |
| Op. Income | $2.9B | $1.9B | $3.3B | 52.1% | -12.1% |
| Gross Margin | 46.5% | 43.8% | 47.9% | 2.7pp | -1.4pp |
| Net Margin | 12.1% | 9.6% | 12.4% | 2.4pp | -0.3pp |
| EPS (Diluted) | $2.48 | $1.85 | $2.61 | 34.1% | -5.0% |
| Free Cash Flow | $2.6B | $3.1B | $2.4B | -14.2% | 8.3% |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $10.3B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $390M |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.9B |
| Other Expenses | -$238M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $16.4B |
| OPERATING INCOME | $2.9B |
| Interest Income | $34M |
| Interest Expense | $147M |
| Other Income/Expenses | -$438M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.1B |
| EBIT | $2.6B |
| EBITDA | $3.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $10.3B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $390M |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.9B |
| Other Expenses | -$238M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $16.4B |
| OPERATING INCOME | $2.9B |
| Interest Income | $34M |
| Interest Expense | $147M |
| Other Income/Expenses | -$438M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.1B |
| EBIT | $2.6B |
| EBITDA | $3.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $136M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | -$179M |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$826M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $902M |
| Other Investing Activities | -$818M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $2.3B |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | -$609M |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.7B |
| Short-Term Investments | $599M |
| Net Receivables | $27.0B |
| Inventory | $1.6B |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $45.0B |
| PP&E (Net) | $10.9B |
| Goodwill | $36.5B |
| Intangible Assets | $4.2B |
| Long-Term Investments | $4.8B |
| Tax Assets | $6.8B |
| Other Non-Current Assets | $12.3B |
| TOTAL NON-CURRENT ASSETS | $75.5B |
| TOTAL ASSETS | $120.5B |
| Account Payables | $5.1B |
| Short-Term Debt | $8.1B |
| Deferred Revenue | $11.5B |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $36.0B |
| Long-Term Debt | $37.6B |
| Deferred Revenue NC | $3.6B |
| Deferred Tax Liabilities | $17.3B |
| Other Non-Current Liabilities | $24.8B |
| TOTAL NON-CURRENT LIABILITIES | $66.0B |
| TOTAL LIABILITIES | $102.0B |
| Common Stock | $54.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $154.2B |
| Treasury Stock | -$161.9B |
| Accum. Other Comp. Income | -$28.2B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $18.4B |
| Minority Interest | $125M |
| TOTAL EQUITY | $18.5B |
| TOTAL LIABILITIES & EQUITY | $120.5B |
| Total Debt | $45.7B |
| Net Debt | $34.0B |
