| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | $12.5B | $12.3B | 1.6% | 2.8% |
| Op. Income | $2.4B | $2.3B | $2.3B | 3.4% | 3.9% |
| Gross Margin | 65.9% | 65.9% | 64.6% | 0.0pp | 1.3pp |
| Net Margin | 16.4% | 15.8% | 15.7% | 0.5pp | 0.7pp |
| EPS (Diluted) | $0.88 | $0.83 | $0.81 | 6.0% | 8.6% |
| Free Cash Flow | $2.9B | $3.0B | $2.3B | -2.4% | 29.5% |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $3.2B |
| General & Administrative | $510M |
| SG&A Expenses | $3.7B |
| Other Expenses | $95M |
| Operating Expenses | $6.0B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $197M |
| Other Income/Expenses | $79M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $353M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $1.5B |
| EBIT | $2.6B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $3.2B |
| General & Administrative | $510M |
| SG&A Expenses | $3.7B |
| Other Expenses | $95M |
| Operating Expenses | $6.0B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $197M |
| Other Income/Expenses | $79M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $353M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $1.5B |
| EBIT | $2.6B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $169M |
| Deferred Income Tax | $353M |
| Other Non-Cash Items | $71M |
| Change in Working Capital | $381M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$669M |
| Acquisitions (Net) | -$105M |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $287M |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$685M |
| Net Debt Issuance | -$576M |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $954M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.8B |
| Short-Term Investments | $589M |
| Net Receivables | $8.5B |
| Inventory | $7.0B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $27.5B |
| PP&E (Net) | $16.3B |
| Goodwill | $31.7B |
| Intangible Assets | $30.8B |
| Long-Term Investments | $28.7B |
| Tax Assets | -$27.3B |
| Other Non-Current Assets | $27.3B |
| TOTAL NON-CURRENT ASSETS | $107.5B |
| TOTAL ASSETS | $135.0B |
| Account Payables | $4.7B |
| Short-Term Debt | $7.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.7B |
| TOTAL CURRENT LIABILITIES | $25.4B |
| Long-Term Debt | $23.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.1B |
| TOTAL NON-CURRENT LIABILITIES | $37.2B |
| TOTAL LIABILITIES | $62.6B |
| Common Stock | $72.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72.3B |
| Minority Interest | $59M |
| TOTAL EQUITY | $72.4B |
| TOTAL LIABILITIES & EQUITY | $135.0B |
| Total Debt | $30.2B |
| Net Debt | $21.4B |
