| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.2B | $19.3B | $19.2B | -0.7% | -0.4% |
| Op. Income | $3.4B | $2.9B | $3.4B | 18.0% | 0.6% |
| Gross Margin | 46.9% | 46.5% | 46.9% | 0.4pp | 0.0pp |
| Net Margin | 14.2% | 12.1% | 14.8% | 2.1pp | -0.6pp |
| EPS (Diluted) | $2.92 | $2.48 | $2.98 | 17.7% | -2.0% |
| Free Cash Flow | $2.6B | $2.6B | $3.2B | -1.9% | -19.2% |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $337M |
| General & Administrative | $4.1B |
| SG&A Expenses | $4.5B |
| Other Expenses | -$183M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $3.4B |
| Interest Income | $38M |
| Interest Expense | $168M |
| Other Income/Expenses | -$334M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $1.2B |
| EBIT | $3.2B |
| EBITDA | $4.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $337M |
| General & Administrative | $4.1B |
| SG&A Expenses | $4.5B |
| Other Expenses | -$183M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $3.4B |
| Interest Income | $38M |
| Interest Expense | $168M |
| Other Income/Expenses | -$334M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $1.2B |
| EBIT | $3.2B |
| EBITDA | $4.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $123M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$473M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$981M |
| Acquisitions (Net) | -$267M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $895M |
| Other Investing Activities | -$279M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | -$447M |
| Common Stock Repurchased | -$955M |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $41M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$781M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.9B |
| Short-Term Investments | $600M |
| Net Receivables | $27.1B |
| Inventory | $1.7B |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $44.7B |
| PP&E (Net) | $11.1B |
| Goodwill | $36.8B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $4.8B |
| Tax Assets | $7.3B |
| Other Non-Current Assets | $13.0B |
| TOTAL NON-CURRENT ASSETS | $76.9B |
| TOTAL ASSETS | $121.6B |
| Account Payables | $5.4B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $10.6B |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $31.7B |
| Long-Term Debt | $41.3B |
| Deferred Revenue NC | $3.6B |
| Deferred Tax Liabilities | $17.6B |
| Other Non-Current Liabilities | $25.3B |
| TOTAL NON-CURRENT LIABILITIES | $70.2B |
| TOTAL LIABILITIES | $101.9B |
| Common Stock | $54.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $155.6B |
| Treasury Stock | -$162.8B |
| Accum. Other Comp. Income | -$27.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.6B |
| Minority Interest | $130M |
| TOTAL EQUITY | $19.8B |
| TOTAL LIABILITIES & EQUITY | $121.6B |
| Total Debt | $45.6B |
| Net Debt | $34.7B |
