| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.0B | $15.4B | — | 4.1% | — |
| Op. Income | $2.8B | $3.0B | — | -4.8% | — |
| Gross Margin | 54.6% | 55.6% | — | -1.1pp | — |
| Net Margin | 12.4% | 13.0% | — | -0.6pp | — |
| EPS (Diluted) | $1.37 | $1.38 | — | -0.7% | — |
| Free Cash Flow | $3.1B | $2.3B | — | 35.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $16.0B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.9B |
| Other Expenses | $18M |
| Operating Expenses | $5.9B |
| Cost & Expenses | $13.2B |
| OPERATING INCOME | $2.8B |
| Interest Income | $30M |
| Interest Expense | $247M |
| Other Income/Expenses | -$217M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $600M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $567M |
| EBIT | $2.9B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.0B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.9B |
| Other Expenses | $18M |
| Operating Expenses | $5.9B |
| Cost & Expenses | $13.2B |
| OPERATING INCOME | $2.8B |
| Interest Income | $30M |
| Interest Expense | $247M |
| Other Income/Expenses | -$217M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $600M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $567M |
| EBIT | $2.9B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $567M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | $166M |
| Other Non-Cash Items | $66M |
| Change in Working Capital | $857M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$647M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $71M |
| Common Stock Repurchased | -$751M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $85M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | $610M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.3B |
| Short-Term Investments | $4.5B |
| Net Receivables | $7.7B |
| Inventory | $3.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27.1B |
| PP&E (Net) | $16.3B |
| Goodwill | $14.4B |
| Intangible Assets | $13.3B |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $843M |
| TOTAL NON-CURRENT ASSETS | $46.8B |
| TOTAL ASSETS | $73.9B |
| Account Payables | $14.3B |
| Short-Term Debt | $6.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20.6B |
| Long-Term Debt | $29.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $6.1B |
| TOTAL NON-CURRENT LIABILITIES | $40.6B |
| TOTAL LIABILITIES | $61.2B |
| Common Stock | $24M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $52.2B |
| Treasury Stock | -$30.6B |
| Accum. Other Comp. Income | -$12.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.6B |
| Minority Interest | $116M |
| TOTAL EQUITY | $12.7B |
| TOTAL LIABILITIES & EQUITY | $73.9B |
| Total Debt | $35.6B |
| Net Debt | $25.4B |
