| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.8B | $18.1B | — | -1.9% | — |
| Op. Income | $5.5B | $4.6B | — | 19.5% | — |
| Gross Margin | 69.6% | 69.4% | — | 0.1pp | — |
| Net Margin | 24.9% | 21.1% | — | 3.8pp | — |
| EPS (Diluted) | $1.61 | $1.38 | — | 16.7% | — |
| Free Cash Flow | $2.4B | $5.6B | — | -57.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $17.8B |
| Cost of Revenue | $5.4B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $4.8B |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $6.8B |
| Cost & Expenses | $12.2B |
| OPERATING INCOME | $5.5B |
| Interest Income | $121M |
| Interest Expense | $204M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $5.6B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $912M |
| EBIT | $5.8B |
| EBITDA | $6.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $17.8B |
| Cost of Revenue | $5.4B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $4.8B |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $6.8B |
| Cost & Expenses | $12.2B |
| OPERATING INCOME | $5.5B |
| Interest Income | $121M |
| Interest Expense | $204M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $5.6B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $912M |
| EBIT | $5.8B |
| EBITDA | $6.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.4B |
| Depreciation & Amortization | $912M |
| Stock-Based Compensation | $229M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$2.6B |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$560M |
| Acquisitions (Net) | -$4.9B |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $9.0B |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$936M |
| Net Debt Issuance | $5.0B |
| Common Stock Repurchased | -$3.3B |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $377M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.9B |
| Short-Term Investments | $18.4B |
| Net Receivables | $12.3B |
| Inventory | $8.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $63.3B |
| PP&E (Net) | $16.2B |
| Goodwill | $24.8B |
| Intangible Assets | $29.5B |
| Long-Term Investments | $0 |
| Tax Assets | $6.4B |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $81.6B |
| TOTAL ASSETS | $144.9B |
| Account Payables | $6.1B |
| Short-Term Debt | $5.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $25.1B |
| Long-Term Debt | $27.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $19.1B |
| TOTAL NON-CURRENT LIABILITIES | $49.5B |
| TOTAL LIABILITIES | $74.6B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $111.6B |
| Treasury Stock | -$29.9B |
| Accum. Other Comp. Income | -$14.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.3B |
| TOTAL LIABILITIES & EQUITY | $144.9B |
| Total Debt | $32.4B |
| Net Debt | $11.5B |
