| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.6B | $18.8B | $17.8B | 4.3% | 10.3% |
| Op. Income | $4.7B | $5.4B | $5.4B | -12.8% | -12.4% |
| Gross Margin | 64.8% | 69.0% | 69.2% | -4.2pp | -4.5pp |
| Net Margin | 19.2% | 20.3% | 24.0% | -1.2pp | -4.8pp |
| EPS (Diluted) | $1.37 | $1.40 | $1.53 | -2.1% | -10.5% |
| Free Cash Flow | $5.5B | $5.1B | $4.6B | 7.7% | 18.4% |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $12.7B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $5.4B |
| SG&A Expenses | $5.4B |
| Other Expenses | $0 |
| Operating Expenses | $8.0B |
| Cost & Expenses | $14.9B |
| OPERATING INCOME | $4.7B |
| Interest Income | $74M |
| Interest Expense | $229M |
| Other Income/Expenses | $73M |
| INCOME BEFORE TAX | $4.8B |
| Income Tax Expense | $1.0B |
| 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 | $1.7B |
| EBIT | $5.0B |
| EBITDA | $6.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $12.7B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $5.4B |
| SG&A Expenses | $5.4B |
| Other Expenses | $0 |
| Operating Expenses | $8.0B |
| Cost & Expenses | $14.9B |
| OPERATING INCOME | $4.7B |
| Interest Income | $74M |
| Interest Expense | $229M |
| Other Income/Expenses | $73M |
| INCOME BEFORE TAX | $4.8B |
| Income Tax Expense | $1.0B |
| 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 | $1.7B |
| EBIT | $5.0B |
| EBITDA | $6.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.8B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $236M |
| Deferred Income Tax | -$335M |
| Other Non-Cash Items | -$400M |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$790M |
| Acquisitions (Net) | -$574M |
| Purchases of Investments | -$571M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | $564M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $361M |
| Common Stock Repurchased | -$311M |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | $1.5B |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $5.5B |
| Net Change in Cash | $3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.7B |
| Short-Term Investments | $510M |
| Net Receivables | $13.2B |
| Inventory | $9.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41.8B |
| PP&E (Net) | $16.6B |
| Goodwill | $31.3B |
| Intangible Assets | $54.6B |
| Long-Term Investments | $0 |
| Tax Assets | $6.3B |
| Other Non-Current Assets | $5.0B |
| TOTAL NON-CURRENT ASSETS | $113.8B |
| TOTAL ASSETS | $155.7B |
| Account Payables | $6.4B |
| Short-Term Debt | $8.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $31.8B |
| Long-Term Debt | $26.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.4B |
| Other Non-Current Liabilities | $18.8B |
| TOTAL NON-CURRENT LIABILITIES | $49.9B |
| TOTAL LIABILITIES | $81.7B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $114.8B |
| Treasury Stock | -$31.2B |
| Accum. Other Comp. Income | -$12.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $74.0B |
| TOTAL LIABILITIES & EQUITY | $155.7B |
| Total Debt | $35.2B |
| Net Debt | $19.4B |
