| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.8B | $19.2B | — | 13.2% | — |
| Op. Income | $5.0B | $3.4B | — | 48.0% | — |
| Gross Margin | 50.0% | 46.9% | — | 3.2pp | — |
| Net Margin | 20.7% | 14.8% | — | 5.8pp | — |
| EPS (Diluted) | $4.72 | $2.98 | — | 58.4% | — |
| Free Cash Flow | $2.5B | $3.2B | — | -20.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $21.8B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $276M |
| General & Administrative | $4.6B |
| SG&A Expenses | $4.8B |
| Other Expenses | -$388M |
| Operating Expenses | $5.9B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $5.0B |
| Interest Income | $32M |
| Interest Expense | $157M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $480M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $1.1B |
| EBIT | $5.1B |
| EBITDA | $6.3B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $21.8B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $276M |
| General & Administrative | $4.6B |
| SG&A Expenses | $4.8B |
| Other Expenses | -$388M |
| Operating Expenses | $5.9B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $5.0B |
| Interest Income | $32M |
| Interest Expense | $157M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $480M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $1.1B |
| EBIT | $5.1B |
| EBITDA | $6.3B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $141M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | -$943M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$723M |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | $875M |
| Common Stock Repurchased | -$870M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.8B |
| Short-Term Investments | $701M |
| Net Receivables | $29.2B |
| Inventory | $1.6B |
| Other Current Assets | -$1M |
| TOTAL CURRENT ASSETS | $43.9B |
| PP&E (Net) | $10.8B |
| Goodwill | $36.2B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $4.6B |
| Tax Assets | $5.2B |
| Other Non-Current Assets | $12.1B |
| TOTAL NON-CURRENT ASSETS | $73.6B |
| TOTAL ASSETS | $117.5B |
| Account Payables | $6.2B |
| Short-Term Debt | $7.5B |
| Deferred Revenue | $11.0B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $36.3B |
| Long-Term Debt | $34.7B |
| Deferred Revenue NC | $3.6B |
| Deferred Tax Liabilities | $424M |
| Other Non-Current Liabilities | $24.1B |
| TOTAL NON-CURRENT LIABILITIES | $62.8B |
| TOTAL LIABILITIES | $99.1B |
| Common Stock | $53.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $152.8B |
| Treasury Stock | -$159.1B |
| Accum. Other Comp. Income | -$29.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.2B |
| Minority Interest | $146M |
| TOTAL EQUITY | $18.4B |
| TOTAL LIABILITIES & EQUITY | $117.5B |
| Total Debt | $42.2B |
| Net Debt | $34.3B |
