| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $9.0B | — | 1.9% | — |
| Op. Income | $3.0B | $3.0B | — | -2.6% | — |
| Gross Margin | 79.4% | 80.1% | — | -0.7pp | — |
| Net Margin | 24.3% | 22.5% | — | 1.8pp | — |
| EPS (Diluted) | $0.53 | $0.48 | — | 10.4% | — |
| Free Cash Flow | $2.3B | $329M | — | 586.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.0B |
| General & Administrative | $241M |
| SG&A Expenses | $2.2B |
| Other Expenses | $588M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $3.0B |
| Interest Income | $197M |
| Interest Expense | $450M |
| Other Income/Expenses | -$261M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $459M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $371M |
| EBIT | $3.1B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.0B |
| General & Administrative | $241M |
| SG&A Expenses | $2.2B |
| Other Expenses | $588M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $3.0B |
| Interest Income | $197M |
| Interest Expense | $450M |
| Other Income/Expenses | -$261M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $459M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $371M |
| EBIT | $3.1B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $656M |
| Stock-Based Compensation | $371M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $140M |
| Change in Working Capital | -$715M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$440M |
| Acquisitions (Net) | -$552M |
| Purchases of Investments | -$5.5B |
| Sales/Maturities of Investments | $5.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$728M |
| Net Debt Issuance | -$344M |
| Common Stock Repurchased | -$547M |
| Common Dividends Paid | -$612M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$940M |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.7B |
| Short-Term Investments | $39.6B |
| Net Receivables | $3.7B |
| Inventory | $391M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $66.0B |
| PP&E (Net) | $5.1B |
| Goodwill | $42.5B |
| Intangible Assets | $7.8B |
| Long-Term Investments | $0 |
| Tax Assets | $918M |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $59.4B |
| TOTAL ASSETS | $125.4B |
| Account Payables | $481M |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $7.4B |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $15.8B |
| Long-Term Debt | $50.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.1B |
| TOTAL NON-CURRENT LIABILITIES | $58.6B |
| TOTAL LIABILITIES | $74.4B |
| Common Stock | $26.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $25.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$931M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50.6B |
| Minority Interest | $408M |
| TOTAL EQUITY | $51.0B |
| TOTAL LIABILITIES & EQUITY | $125.4B |
| Total Debt | $54.0B |
| Net Debt | $34.2B |
