| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.1B | $27.1B | — | -3.9% | — |
| Op. Income | $8.7B | $8.9B | — | -2.9% | — |
| Gross Margin | 86.3% | 86.2% | — | 0.1pp | — |
| Net Margin | 25.8% | 23.2% | — | 2.6pp | — |
| EPS (Diluted) | $1.71 | $1.58 | — | 8.2% | — |
| Free Cash Flow | $38.9B | $4.2B | — | 828.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $26.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $22.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $697M |
| General & Administrative | $6.9B |
| SG&A Expenses | $7.6B |
| Other Expenses | $6.3B |
| Operating Expenses | $13.8B |
| Cost & Expenses | $17.4B |
| OPERATING INCOME | $8.7B |
| Interest Income | $14.5B |
| Interest Expense | $2.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.7B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.2B |
| D&A | $1.4B |
| EBIT | $8.7B |
| EBITDA | $10.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $26.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $22.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $697M |
| General & Administrative | $6.9B |
| SG&A Expenses | $7.6B |
| Other Expenses | $6.3B |
| Operating Expenses | $13.8B |
| Cost & Expenses | $17.4B |
| OPERATING INCOME | $8.7B |
| Interest Income | $14.5B |
| Interest Expense | $2.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.7B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.2B |
| D&A | $1.4B |
| EBIT | $8.7B |
| EBITDA | $10.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $6.7B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3.8B |
| Other Non-Cash Items | -$3.7B |
| Change in Working Capital | $30.7B |
| OPERATING CASH FLOW | $38.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$57.2B |
| Sales/Maturities of Investments | $31.7B |
| Other Investing Activities | $22.7B |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | -$8.8B |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | -$20.1B |
| NET CASH FROM FINANCING | -$33.4B |
| FREE CASH FLOW | $38.9B |
| Net Change in Cash | $2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $389.6B |
| Short-Term Investments | $238.9B |
| Net Receivables | $52.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $680.9B |
| PP&E (Net) | $14.1B |
| Goodwill | $47.3B |
| Intangible Assets | $7.0B |
| Long-Term Investments | $996.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $744.8B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.5T |
| Account Payables | $109.8B |
| Short-Term Debt | $200.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.9T |
| Long-Term Debt | $295.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42.8B |
| TOTAL NON-CURRENT LIABILITIES | $338.1B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $91.6B |
| Retained Earnings | $162.4B |
| Treasury Stock | -$28.9B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $254.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $254.2B |
| TOTAL LIABILITIES & EQUITY | $2.5T |
| Total Debt | $495.4B |
| Net Debt | $105.7B |
