| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.6B | $11.5B | — | -7.9% | — |
| Op. Income | $2.3B | $2.9B | — | -20.6% | — |
| Gross Margin | 61.1% | 61.3% | — | -0.1pp | — |
| Net Margin | 9.8% | 29.9% | — | -20.0pp | — |
| EPS (Diluted) | $0.24 | $0.79 | — | -69.6% | — |
| Free Cash Flow | $2.4B | $2.7B | — | -9.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $2.9B |
| SG&A Expenses | $4.0B |
| Other Expenses | $222M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $164M |
| Interest Expense | $182M |
| Other Income/Expenses | -$843M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $378M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $420M |
| EBIT | $1.6B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $2.9B |
| SG&A Expenses | $4.0B |
| Other Expenses | $222M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $164M |
| Interest Expense | $182M |
| Other Income/Expenses | -$843M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $378M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $420M |
| EBIT | $1.6B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $420M |
| Stock-Based Compensation | $72M |
| Deferred Income Tax | $80M |
| Other Non-Cash Items | $995M |
| Change in Working Capital | $286M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$476M |
| Acquisitions (Net) | $281M |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $3.7B |
| Other Investing Activities | -$205M |
| NET CASH FROM INVESTING | -$396M |
| Net Debt Issuance | -$936M |
| Common Stock Repurchased | -$353M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $113M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $14.4B |
| Net Receivables | $4.1B |
| Inventory | $2.8B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $38.0B |
| PP&E (Net) | $11.2B |
| Goodwill | $10.9B |
| Intangible Assets | $11.4B |
| Long-Term Investments | $18.0B |
| Tax Assets | $4.2B |
| Other Non-Current Assets | $283M |
| TOTAL NON-CURRENT ASSETS | $56.0B |
| TOTAL ASSETS | $93.9B |
| Account Payables | $11.2B |
| Short-Term Debt | $15.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $682M |
| TOTAL CURRENT LIABILITIES | $27.8B |
| Long-Term Debt | $31.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.2B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $39.9B |
| TOTAL LIABILITIES | $67.7B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $14.9B |
| Retained Earnings | $66.5B |
| Treasury Stock | -$46.8B |
| Accum. Other Comp. Income | -$10.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.1B |
| Minority Interest | $169M |
| TOTAL EQUITY | $26.2B |
| TOTAL LIABILITIES & EQUITY | $93.9B |
| Total Debt | $47.2B |
| Net Debt | $36.1B |
