| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.2B | $20.2B | — | -5.0% | — |
| Op. Income | $3.4B | $3.3B | — | 3.1% | — |
| Gross Margin | 46.9% | 47.9% | — | -1.1pp | — |
| Net Margin | 14.8% | 12.4% | — | 2.5pp | — |
| EPS (Diluted) | $2.98 | $2.61 | — | 14.2% | — |
| Free Cash Flow | $3.2B | $2.4B | — | 31.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $341M |
| General & Administrative | $4.3B |
| SG&A Expenses | $4.6B |
| Other Expenses | -$391M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $3.4B |
| Interest Income | $22M |
| Interest Expense | $158M |
| Other Income/Expenses | -$117M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $409M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.1B |
| EBIT | $3.4B |
| EBITDA | $4.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $341M |
| General & Administrative | $4.3B |
| SG&A Expenses | $4.6B |
| Other Expenses | -$391M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $3.4B |
| Interest Income | $22M |
| Interest Expense | $158M |
| Other Income/Expenses | -$117M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $409M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.1B |
| EBIT | $3.4B |
| EBITDA | $4.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $142M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$68M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$914M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$860M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$4.2B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$978M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0B |
| Short-Term Investments | $929M |
| Net Receivables | $25.2B |
| Inventory | $1.7B |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $41.4B |
| PP&E (Net) | $11.1B |
| Goodwill | $36.4B |
| Intangible Assets | $4.9B |
| Long-Term Investments | $5.1B |
| Tax Assets | $4.3B |
| Other Non-Current Assets | $12.4B |
| TOTAL NON-CURRENT ASSETS | $74.2B |
| TOTAL ASSETS | $115.6B |
| Account Payables | $5.3B |
| Short-Term Debt | $6.9B |
| Deferred Revenue | $10.8B |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $34.4B |
| Long-Term Debt | $35.6B |
| Deferred Revenue NC | $3.6B |
| Deferred Tax Liabilities | $16.7B |
| Other Non-Current Liabilities | $24.8B |
| TOTAL NON-CURRENT LIABILITIES | $64.0B |
| TOTAL LIABILITIES | $98.4B |
| Common Stock | $53.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $149.6B |
| Treasury Stock | -$158.2B |
| Accum. Other Comp. Income | -$28.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.0B |
| Minority Interest | $149M |
| TOTAL EQUITY | $17.2B |
| TOTAL LIABILITIES & EQUITY | $115.6B |
| Total Debt | $42.5B |
| Net Debt | $33.4B |
