| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 2.6% | 5.1% |
| Op. Income | $596M | $518M | $530M | 15.1% | 12.5% |
| Gross Margin | 90.3% | 89.9% | 90.2% | 0.4pp | 0.1pp |
| Net Margin | 25.6% | 24.0% | 23.7% | 1.5pp | 1.9pp |
| EPS (Diluted) | $2.35 | $2.12 | $1.98 | 10.8% | 18.7% |
| Free Cash Flow | $309M | $1.3B | $181M | -75.5% | 70.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $144M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $423M |
| SG&A Expenses | $440M |
| Other Expenses | $311M |
| Operating Expenses | $751M |
| Cost & Expenses | $895M |
| OPERATING INCOME | $596M |
| Interest Income | $1.0B |
| Interest Expense | $92M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $596M |
| Income Tax Expense | $215M |
| Net Income from Continuing Ops | $381M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $381M |
| Net Income Deductions | -$4.0K |
| BOTTOM LINE NET INCOME | $361M |
| D&A | $50M |
| EBIT | $596M |
| EBITDA | $646M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $144M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $423M |
| SG&A Expenses | $440M |
| Other Expenses | $311M |
| Operating Expenses | $751M |
| Cost & Expenses | $895M |
| OPERATING INCOME | $596M |
| Interest Income | $1.0B |
| Interest Expense | $92M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $596M |
| Income Tax Expense | $215M |
| Net Income from Continuing Ops | $381M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $381M |
| Net Income Deductions | -$4.0K |
| BOTTOM LINE NET INCOME | $361M |
| D&A | $50M |
| EBIT | $596M |
| EBITDA | $646M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $381M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$120M |
| OPERATING CASH FLOW | $337M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$944M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $2.3B |
| NET CASH FROM INVESTING | $2.5B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$225M |
| Common Dividends Paid | -$114M |
| Other Financing Activities | -$3.5B |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $309M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $11.9B |
| Net Receivables | $5.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23.4B |
| PP&E (Net) | $674M |
| Goodwill | $4.6B |
| Intangible Assets | $86M |
| Long-Term Investments | $92.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $97.3B |
| TOTAL ASSETS | $120.9B |
| Account Payables | $1.7B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $93.5B |
| TOTAL CURRENT LIABILITIES | $97.0B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7.6B |
| TOTAL LIABILITIES | $104.6B |
| Common Stock | $82M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $9.7B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$270M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.3B |
| TOTAL LIABILITIES & EQUITY | $120.9B |
| Total Debt | $9.3B |
| Net Debt | $3.0B |
