| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.1B | $17.8B | — | 1.6% | — |
| Op. Income | $4.6B | $5.4B | — | -14.1% | — |
| Gross Margin | 69.4% | 69.2% | — | 0.2pp | — |
| Net Margin | 21.1% | 24.0% | — | -2.9pp | — |
| EPS (Diluted) | $1.38 | $1.53 | — | -9.8% | — |
| Free Cash Flow | $5.6B | $4.6B | — | 20.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $12.6B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.9B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $4.6B |
| Interest Income | $100M |
| Interest Expense | $184M |
| Other Income/Expenses | -$299M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $510M |
| 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 | $4.5B |
| EBITDA | $5.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $12.6B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $7.9B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $4.6B |
| Interest Income | $100M |
| Interest Expense | $184M |
| Other Income/Expenses | -$299M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $510M |
| 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 | $4.5B |
| EBITDA | $5.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.8B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $174M |
| Deferred Income Tax | -$556M |
| Other Non-Cash Items | -$192M |
| Change in Working Capital | $2.4B |
| OPERATING CASH FLOW | $6.7B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$459M |
| Purchases of Investments | -$6.3B |
| Sales/Maturities of Investments | $5.3B |
| Other Investing Activities | $308M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $654M |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $5.6B |
| Net Change in Cash | $767M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.0B |
| Short-Term Investments | $22.9B |
| Net Receivables | $11.7B |
| Inventory | $8.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65.0B |
| PP&E (Net) | $15.9B |
| Goodwill | $22.8B |
| Intangible Assets | $26.9B |
| Long-Term Investments | $0 |
| Tax Assets | $6.1B |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $76.2B |
| TOTAL ASSETS | $141.2B |
| Account Payables | $6.9B |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $971M |
| TOTAL CURRENT LIABILITIES | $26.3B |
| Long-Term Debt | $22.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $19.2B |
| TOTAL NON-CURRENT LIABILITIES | $44.5B |
| TOTAL LIABILITIES | $70.8B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $110.6B |
| Treasury Stock | -$28.4B |
| Accum. Other Comp. Income | -$14.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.4B |
| TOTAL LIABILITIES & EQUITY | $141.2B |
| Total Debt | $27.1B |
| Net Debt | $8.2B |
