| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.4B | — | -3.9% | — |
| Op. Income | $989M | $981M | — | 0.8% | — |
| Gross Margin | 73.0% | 72.9% | — | 0.1pp | — |
| Net Margin | 15.0% | 13.8% | — | 1.2pp | — |
| EPS (Diluted) | $0.70 | $0.68 | — | 2.9% | — |
| Free Cash Flow | $1.4B | $1.2B | — | 23.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $989M |
| Interest Income | $29M |
| Interest Expense | $47M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $971M |
| Income Tax Expense | $193M |
| Net Income from Continuing Ops | $778M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $778M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $778M |
| D&A | $393M |
| EBIT | $1.0B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $989M |
| Interest Income | $29M |
| Interest Expense | $47M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $971M |
| Income Tax Expense | $193M |
| Net Income from Continuing Ops | $778M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $778M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $778M |
| D&A | $393M |
| EBIT | $1.0B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $778M |
| Depreciation & Amortization | $393M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | $182M |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $186M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$228M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$795M |
| Net Debt Issuance | -$400.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$538M |
| Other Financing Activities | -$62M |
| NET CASH FROM FINANCING | -$600M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $251M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $738M |
| Net Receivables | $4.5B |
| Inventory | $3.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $8.3B |
| Goodwill | $4.0B |
| Intangible Assets | $4.6B |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $24.2B |
| TOTAL ASSETS | $37.6B |
| Account Payables | $1.2B |
| Short-Term Debt | $642M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $8.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $13.7B |
| TOTAL LIABILITIES | $22.0B |
| Common Stock | $690M |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | $16.6B |
| Treasury Stock | -$81M |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $15.6B |
| Minority Interest | $27M |
| TOTAL EQUITY | $15.6B |
| TOTAL LIABILITIES & EQUITY | $37.6B |
| Total Debt | $9.3B |
| Net Debt | $5.9B |
