| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.1B | $9.7B | $10.6B | -6.4% | -14.6% |
| Op. Income | $2.2B | $2.0B | $2.3B | 10.2% | -1.1% |
| Gross Margin | 62.6% | 62.3% | 61.1% | 0.3pp | 1.5pp |
| Net Margin | 15.9% | 14.1% | 9.8% | 1.8pp | 6.1pp |
| EPS (Diluted) | $0.33 | $0.32 | $0.24 | 3.1% | 37.5% |
| Free Cash Flow | $2.2B | $2.2B | $2.4B | -2.2% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $2.2B |
| SG&A Expenses | $3.2B |
| Other Expenses | $236M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $2.2B |
| Interest Income | $175M |
| Interest Expense | $208M |
| Other Income/Expenses | -$571M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $297M |
| EBIT | $1.9B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $2.2B |
| SG&A Expenses | $3.2B |
| Other Expenses | $236M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $2.2B |
| Interest Income | $175M |
| Interest Expense | $208M |
| Other Income/Expenses | -$571M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $297M |
| EBIT | $1.9B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $297M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $723M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$362M |
| Acquisitions (Net) | $717M |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $3.8B |
| Other Investing Activities | $167M |
| NET CASH FROM INVESTING | $1.5B |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$890M |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$3.3B |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $810M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.5B |
| Short-Term Investments | $14.8B |
| Net Receivables | $3.7B |
| Inventory | $2.6B |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $38.4B |
| PP&E (Net) | $8.3B |
| Goodwill | $9.5B |
| Intangible Assets | $7.1B |
| Long-Term Investments | $22.8B |
| Tax Assets | $4.3B |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $52.1B |
| TOTAL ASSETS | $90.5B |
| Account Payables | $10.2B |
| Short-Term Debt | $16.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $437M |
| TOTAL CURRENT LIABILITIES | $27.6B |
| Long-Term Debt | $32.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.3B |
| Other Non-Current Liabilities | $3.9B |
| TOTAL NON-CURRENT LIABILITIES | $40.7B |
| TOTAL LIABILITIES | $68.4B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $15.7B |
| Retained Earnings | $64.8B |
| Treasury Stock | -$50.3B |
| Accum. Other Comp. Income | -$9.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.1B |
| Minority Interest | $33M |
| TOTAL EQUITY | $22.2B |
| TOTAL LIABILITIES & EQUITY | $90.5B |
| Total Debt | $49.1B |
| Net Debt | $36.6B |
