| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.9B | $9.2B | $10.6B | 18.3% | 2.8% |
| Op. Income | $4.1B | $3.0B | $4.0B | 37.7% | 2.7% |
| Gross Margin | 81.6% | 79.4% | 81.7% | 2.2pp | -0.1pp |
| Net Margin | 29.7% | 24.3% | 26.6% | 5.3pp | 3.1pp |
| EPS (Diluted) | $0.76 | $0.53 | $0.66 | 43.4% | 15.2% |
| Free Cash Flow | $3.9B | $2.3B | $3.5B | 74.5% | 11.0% |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $317M |
| SG&A Expenses | $2.6B |
| Other Expenses | $577M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $4.1B |
| Interest Income | $224M |
| Interest Expense | $481M |
| Other Income/Expenses | -$313M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $529M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $772M |
| EBIT | $4.2B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $317M |
| SG&A Expenses | $2.6B |
| Other Expenses | $577M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $4.1B |
| Interest Income | $224M |
| Interest Expense | $481M |
| Other Income/Expenses | -$313M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $529M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $772M |
| EBIT | $4.2B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $719M |
| Stock-Based Compensation | $333M |
| Deferred Income Tax | -$597M |
| Other Non-Cash Items | -$222M |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $4.5B |
| Capital Expenditure | -$525M |
| Acquisitions (Net) | -$815M |
| Purchases of Investments | -$10.3B |
| Sales/Maturities of Investments | $5.8B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.8B |
| Net Debt Issuance | $3.8B |
| Common Stock Repurchased | -$540M |
| Common Dividends Paid | -$787M |
| Other Financing Activities | -$58M |
| NET CASH FROM FINANCING | $3.3B |
| FREE CASH FLOW | $3.9B |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.8B |
| Short-Term Investments | $44.3B |
| Net Receivables | $5.3B |
| Inventory | $300M |
| Other Current Assets | $794M |
| TOTAL CURRENT ASSETS | $74.5B |
| PP&E (Net) | $5.3B |
| Goodwill | $43.0B |
| Intangible Assets | $7.7B |
| Long-Term Investments | $0 |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $60.5B |
| TOTAL ASSETS | $135.0B |
| Account Payables | $599M |
| Short-Term Debt | $9.8B |
| Deferred Revenue | $8.2B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $24.2B |
| Long-Term Debt | $48.1B |
| Deferred Revenue NC | $602M |
| Deferred Tax Liabilities | $460M |
| Other Non-Current Liabilities | $7.4B |
| TOTAL NON-CURRENT LIABILITIES | $56.6B |
| TOTAL LIABILITIES | $80.7B |
| Common Stock | $27.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $27.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$803M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53.9B |
| Minority Interest | $386M |
| TOTAL EQUITY | $54.2B |
| TOTAL LIABILITIES & EQUITY | $135.0B |
| Total Debt | $57.9B |
| Net Debt | $36.1B |
