| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.8B | $4.9B | -9.2% | 7.5% |
| Op. Income | $1.1B | $1.1B | $847M | 6.1% | 31.9% |
| Gross Margin | 74.2% | 74.6% | 72.8% | -0.3pp | 1.4pp |
| Net Margin | -2.1% | 13.4% | 9.0% | -15.5pp | -11.2pp |
| EPS (Diluted) | $-0.10 | $0.70 | $0.40 | -114.3% | -125.0% |
| Free Cash Flow | $171M | $1.7B | -$373M | -89.7% | 145.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $1.1B |
| Interest Income | $33M |
| Interest Expense | $47M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | -$111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$111M |
| D&A | $387M |
| EBIT | $108M |
| EBITDA | $495M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $387M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | $129M |
| Other Non-Cash Items | $861M |
| Change in Working Capital | -$995M |
| OPERATING CASH FLOW | $340M |
| Capital Expenditure | -$169M |
| Acquisitions (Net) | -$882M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$840M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$547M |
| Other Financing Activities | -$196M |
| NET CASH FROM FINANCING | -$876M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $889M |
| Net Receivables | $4.6B |
| Inventory | $4.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.0B |
| PP&E (Net) | $8.4B |
| Goodwill | $4.2B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $5.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $24.6B |
| TOTAL ASSETS | $37.6B |
| Account Payables | $1.2B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.9B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $13.1B |
| TOTAL LIABILITIES | $23.5B |
| Common Stock | $690M |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | $15.9B |
| Treasury Stock | -$76M |
| Accum. Other Comp. Income | -$5.1B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $14.0B |
| Minority Interest | $73M |
| TOTAL EQUITY | $14.1B |
| TOTAL LIABILITIES & EQUITY | $37.6B |
| Total Debt | $10.2B |
| Net Debt | $7.6B |
