| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.8B | $17.8B | — | 6.0% | — |
| Op. Income | $5.4B | $5.5B | — | -2.1% | — |
| Gross Margin | 69.0% | 69.6% | — | -0.6pp | — |
| Net Margin | 20.3% | 24.9% | — | -4.6pp | — |
| EPS (Diluted) | $1.40 | $1.61 | — | -13.0% | — |
| Free Cash Flow | $5.1B | $2.4B | — | 116.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $18.8B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $13.0B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.6B |
| Cost & Expenses | $13.4B |
| OPERATING INCOME | $5.4B |
| Interest Income | $105M |
| Interest Expense | $227M |
| Other Income/Expenses | -$660M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $921M |
| Net Income from Continuing Ops | $3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $1.1B |
| EBIT | $5.0B |
| EBITDA | $6.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.8B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $13.0B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.6B |
| Cost & Expenses | $13.4B |
| OPERATING INCOME | $5.4B |
| Interest Income | $105M |
| Interest Expense | $227M |
| Other Income/Expenses | -$660M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $921M |
| Net Income from Continuing Ops | $3.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $1.1B |
| EBIT | $5.0B |
| EBITDA | $6.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.8B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $293M |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | $217M |
| Change in Working Capital | $330M |
| OPERATING CASH FLOW | $5.8B |
| Capital Expenditure | -$689M |
| Acquisitions (Net) | -$29.2B |
| Purchases of Investments | -$677M |
| Sales/Maturities of Investments | $18.3B |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$12.2B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | $317M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $5.1B |
| Net Change in Cash | -$8.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.6B |
| Short-Term Investments | $255M |
| Net Receivables | $13.3B |
| Inventory | $9.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38.8B |
| PP&E (Net) | $16.5B |
| Goodwill | $31.2B |
| Intangible Assets | $54.9B |
| Long-Term Investments | $0 |
| Tax Assets | $6.1B |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $114.0B |
| TOTAL ASSETS | $152.8B |
| Account Payables | $6.1B |
| Short-Term Debt | $7.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $759M |
| TOTAL CURRENT LIABILITIES | $28.9B |
| Long-Term Debt | $27.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $19.8B |
| TOTAL NON-CURRENT LIABILITIES | $52.0B |
| TOTAL LIABILITIES | $80.9B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $113.2B |
| Treasury Stock | -$31.2B |
| Accum. Other Comp. Income | -$13.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $71.9B |
| TOTAL LIABILITIES & EQUITY | $152.8B |
| Total Debt | $34.6B |
| Net Debt | $22.0B |
