| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.3B | $12.7B | — | -2.7% | — |
| Op. Income | $2.3B | $2.1B | — | 8.4% | — |
| Gross Margin | 64.6% | 64.9% | — | -0.3pp | — |
| Net Margin | 15.7% | 14.2% | — | 1.5pp | — |
| EPS (Diluted) | $0.81 | $0.75 | — | 8.0% | — |
| Free Cash Flow | $2.3B | $2.4B | — | -7.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.9B |
| General & Administrative | $456M |
| SG&A Expenses | $3.4B |
| Other Expenses | $80M |
| Operating Expenses | $5.7B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $174M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $329M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.5B |
| EBIT | $2.4B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.9B |
| General & Administrative | $456M |
| SG&A Expenses | $3.4B |
| Other Expenses | $80M |
| Operating Expenses | $5.7B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $174M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $329M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.5B |
| EBIT | $2.4B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $329M |
| Other Non-Cash Items | -$322M |
| Change in Working Capital | $239M |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | -$979M |
| Acquisitions (Net) | -$104M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $331M |
| NET CASH FROM INVESTING | -$752M |
| Net Debt Issuance | $82M |
| Common Stock Repurchased | -$410M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$342M |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $565M |
| Net Receivables | $8.5B |
| Inventory | $6.8B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $25.9B |
| PP&E (Net) | $16.2B |
| Goodwill | $31.4B |
| Intangible Assets | $32.8B |
| Long-Term Investments | $27.7B |
| Tax Assets | -$26.5B |
| Other Non-Current Assets | $26.5B |
| TOTAL NON-CURRENT ASSETS | $108.1B |
| TOTAL ASSETS | $134.0B |
| Account Payables | $4.7B |
| Short-Term Debt | $8.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $24.6B |
| Long-Term Debt | $18.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16.1B |
| TOTAL NON-CURRENT LIABILITIES | $34.3B |
| TOTAL LIABILITIES | $58.9B |
| Common Stock | $75.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75.0B |
| Minority Interest | $82M |
| TOTAL EQUITY | $75.1B |
| TOTAL LIABILITIES & EQUITY | $134.0B |
| Total Debt | $26.6B |
| Net Debt | $19.4B |
