| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.5B | $11.8B | $12.7B | 6.0% | -1.5% |
| Op. Income | $2.3B | $1.9B | $2.1B | 18.6% | 8.9% |
| Gross Margin | 65.9% | 65.2% | 64.9% | 0.8pp | 1.0pp |
| Net Margin | 15.8% | 14.1% | 14.2% | 1.7pp | 1.6pp |
| EPS (Diluted) | $0.83 | $0.70 | $0.75 | 18.6% | 10.7% |
| Free Cash Flow | $3.0B | $1.3B | $2.4B | 127.7% | 22.7% |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $3.2B |
| General & Administrative | $566M |
| SG&A Expenses | $3.8B |
| Other Expenses | $88M |
| Operating Expenses | $6.0B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $336M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $1.4B |
| EBIT | $2.5B |
| EBITDA | $2.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $3.2B |
| General & Administrative | $566M |
| SG&A Expenses | $3.8B |
| Other Expenses | $88M |
| Operating Expenses | $6.0B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $336M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $1.4B |
| EBIT | $2.5B |
| EBITDA | $2.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $336M |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | $324M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$594M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $253M |
| NET CASH FROM INVESTING | -$337M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | -$3.0B |
| FREE CASH FLOW | $3.0B |
| Net Change in Cash | $284M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.9B |
| Short-Term Investments | $565M |
| Net Receivables | $8.4B |
| Inventory | $6.9B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $26.5B |
| PP&E (Net) | $16.2B |
| Goodwill | $31.6B |
| Intangible Assets | $31.5B |
| Long-Term Investments | $27.9B |
| Tax Assets | -$26.8B |
| Other Non-Current Assets | $26.8B |
| TOTAL NON-CURRENT ASSETS | $107.2B |
| TOTAL ASSETS | $133.7B |
| Account Payables | $4.7B |
| Short-Term Debt | $7.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.9B |
| TOTAL CURRENT LIABILITIES | $26.1B |
| Long-Term Debt | $23.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.6B |
| TOTAL NON-CURRENT LIABILITIES | $37.6B |
| TOTAL LIABILITIES | $63.8B |
| Common Stock | $69.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69.9B |
| Minority Interest | $59M |
| TOTAL EQUITY | $70.0B |
| TOTAL LIABILITIES & EQUITY | $133.7B |
| Total Debt | $30.6B |
| Net Debt | $22.7B |
