| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.8B | $9.3B | — | 5.7% | — |
| Op. Income | $1.7B | $1.8B | — | -6.0% | — |
| Gross Margin | 63.7% | 61.6% | — | 2.0pp | — |
| Net Margin | 12.2% | 12.1% | — | 0.2pp | — |
| EPS (Diluted) | $0.43 | $0.40 | — | 7.5% | — |
| Free Cash Flow | $1.2B | $1.9B | — | -34.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.5B |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $4.6B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $1.7B |
| Interest Income | $78M |
| Interest Expense | $171M |
| Other Income/Expenses | -$153M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $295M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $1.6B |
| EBIT | $1.7B |
| EBITDA | $3.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.5B |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $4.6B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $1.7B |
| Interest Income | $78M |
| Interest Expense | $171M |
| Other Income/Expenses | -$153M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $295M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $1.6B |
| EBIT | $1.7B |
| EBITDA | $3.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | -$50M |
| Other Non-Cash Items | $389M |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$375M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$4.0B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | $107M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$660M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $103M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $5.2B |
| Net Receivables | $6.9B |
| Inventory | $5.2B |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $27.9B |
| PP&E (Net) | $12.0B |
| Goodwill | $17.8B |
| Intangible Assets | $20.3B |
| Long-Term Investments | $11.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.6B |
| TOTAL NON-CURRENT ASSETS | $68.5B |
| TOTAL ASSETS | $96.5B |
| Account Payables | $2.5B |
| Short-Term Debt | $644M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $23.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.1B |
| Other Non-Current Liabilities | $8.4B |
| TOTAL NON-CURRENT LIABILITIES | $38.1B |
| TOTAL LIABILITIES | $53.0B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $39.9B |
| Retained Earnings | $45.1B |
| Treasury Stock | -$39.4B |
| Accum. Other Comp. Income | -$4.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43.4B |
| Minority Interest | $89M |
| TOTAL EQUITY | $43.4B |
| TOTAL LIABILITIES & EQUITY | $96.5B |
| Total Debt | $24.3B |
| Net Debt | $17.7B |
