| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.8B | $25.4B | — | 5.6% | — |
| Op. Income | $9.3B | $7.6B | — | 23.3% | — |
| Gross Margin | 85.6% | 84.3% | — | 1.3pp | — |
| Net Margin | 23.1% | 21.7% | — | 1.4pp | — |
| EPS (Diluted) | $1.55 | $1.35 | — | 14.8% | — |
| Free Cash Flow | -$1.5B | -$21.4B | — | 92.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $26.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $23.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $672M |
| General & Administrative | $7.8B |
| SG&A Expenses | $8.4B |
| Other Expenses | $5.2B |
| Operating Expenses | $13.6B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | $9.3B |
| Interest Income | $13.8B |
| Interest Expense | $2.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.3B |
| Income Tax Expense | $3.1B |
| Net Income from Continuing Ops | $6.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.7B |
| D&A | $1.3B |
| EBIT | $9.3B |
| EBITDA | $10.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $26.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $23.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $672M |
| General & Administrative | $7.8B |
| SG&A Expenses | $8.4B |
| Other Expenses | $5.2B |
| Operating Expenses | $13.6B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | $9.3B |
| Interest Income | $13.8B |
| Interest Expense | $2.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.3B |
| Income Tax Expense | $3.1B |
| Net Income from Continuing Ops | $6.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.7B |
| D&A | $1.3B |
| EBIT | $9.3B |
| EBITDA | $10.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $6.2B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$329M |
| Other Non-Cash Items | -$347M |
| Change in Working Capital | -$8.4B |
| OPERATING CASH FLOW | -$1.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22.5B |
| Sales/Maturities of Investments | $29.6B |
| Other Investing Activities | -$24.6B |
| NET CASH FROM INVESTING | -$17.5B |
| Net Debt Issuance | $4.4B |
| Common Stock Repurchased | -$2.8B |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $21.2B |
| NET CASH FROM FINANCING | $20.6B |
| FREE CASH FLOW | -$1.5B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $365.3B |
| Short-Term Investments | $224.8B |
| Net Receivables | $64.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $655.0B |
| PP&E (Net) | $14.3B |
| Goodwill | $47.3B |
| Intangible Assets | $6.0B |
| Long-Term Investments | $968.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $774.7B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.5T |
| Account Payables | $184.6B |
| Short-Term Debt | $183.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.7T |
| Long-Term Debt | $311.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $228.8B |
| TOTAL NON-CURRENT LIABILITIES | $540.4B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $92.0B |
| Retained Earnings | $153.7B |
| Treasury Stock | -$25.1B |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $252.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $252.4B |
| TOTAL LIABILITIES & EQUITY | $2.5T |
| Total Debt | $494.9B |
| Net Debt | $129.6B |
