| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.8B | $16.4B | $13.7B | -9.6% | 8.0% |
| Op. Income | $3.6B | $4.5B | $2.6B | -20.5% | 40.1% |
| Gross Margin | 61.8% | 61.7% | 59.3% | 0.1pp | 2.5pp |
| Net Margin | 20.0% | 21.8% | 14.9% | -1.7pp | 5.1pp |
| EPS (Diluted) | $0.61 | $0.73 | $0.42 | -16.4% | 45.2% |
| Free Cash Flow | $1.8B | $4.6B | $2.7B | -60.4% | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $14.8B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $3.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.1B |
| Other Expenses | $34M |
| Operating Expenses | $5.5B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $3.6B |
| Interest Income | $76M |
| Interest Expense | $146M |
| Other Income/Expenses | $216M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $851M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $1.9B |
| EBIT | $3.7B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.8B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $3.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.1B |
| Other Expenses | $34M |
| Operating Expenses | $5.5B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $3.6B |
| Interest Income | $76M |
| Interest Expense | $146M |
| Other Income/Expenses | $216M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $851M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $1.9B |
| EBIT | $3.7B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $397M |
| Deferred Income Tax | $212M |
| Other Non-Cash Items | -$170M |
| Change in Working Capital | -$1.5B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | -$422M |
| Purchases of Investments | -$4.8B |
| Sales/Maturities of Investments | $4.4B |
| Other Investing Activities | $160M |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | $435M |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | $290M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$626M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.9B |
| Short-Term Investments | $12.4B |
| Net Receivables | $4.9B |
| Inventory | $5.8B |
| Other Current Assets | $8.0B |
| TOTAL CURRENT ASSETS | $36.1B |
| PP&E (Net) | $36.9B |
| Goodwill | $14.1B |
| Intangible Assets | $9.2B |
| Long-Term Investments | $16.7B |
| Tax Assets | $915M |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $79.6B |
| TOTAL ASSETS | $115.6B |
| Account Payables | $3.2B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $9.2B |
| TOTAL CURRENT LIABILITIES | $21.3B |
| Long-Term Debt | $20.7B |
| Deferred Revenue NC | $878M |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $27.5B |
| TOTAL LIABILITIES | $48.8B |
| Common Stock | $25.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $40.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $863M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $66.8B |
| TOTAL LIABILITIES & EQUITY | $115.6B |
| Total Debt | $25.8B |
| Net Debt | $20.8B |
