| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.5B | $16.0B | — | 21.8% | — |
| Op. Income | $2.4B | $2.8B | — | -15.6% | — |
| Gross Margin | 54.2% | 54.6% | — | -0.4pp | — |
| Net Margin | 7.2% | 12.4% | — | -5.2pp | — |
| EPS (Diluted) | $0.97 | $1.37 | — | -29.2% | — |
| Free Cash Flow | $2.3B | $3.1B | — | -23.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $10.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8.2B |
| Other Expenses | $21M |
| Operating Expenses | $8.2B |
| Cost & Expenses | $17.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $44M |
| Interest Expense | $594M |
| Other Income/Expenses | -$550M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $414M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $757M |
| EBIT | $2.4B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $10.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8.2B |
| Other Expenses | $21M |
| Operating Expenses | $8.2B |
| Cost & Expenses | $17.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $44M |
| Interest Expense | $594M |
| Other Income/Expenses | -$550M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $414M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $757M |
| EBIT | $2.4B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $757M |
| Stock-Based Compensation | $94M |
| Deferred Income Tax | $167M |
| Other Non-Cash Items | -$192M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | -$187M |
| Purchases of Investments | -$5.4B |
| Sales/Maturities of Investments | $2.9B |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | -$4.1B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$925M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$556M |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.2B |
| Short-Term Investments | $7.0B |
| Net Receivables | $6.7B |
| Inventory | $2.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26.4B |
| PP&E (Net) | $16.6B |
| Goodwill | $14.4B |
| Intangible Assets | $13.4B |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $636M |
| TOTAL NON-CURRENT ASSETS | $47.0B |
| TOTAL ASSETS | $73.5B |
| Account Payables | $6.2B |
| Short-Term Debt | $6.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $21.1B |
| Long-Term Debt | $30.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.4B |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $41.2B |
| TOTAL LIABILITIES | $62.3B |
| Common Stock | $24M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $52.5B |
| Treasury Stock | -$31.5B |
| Accum. Other Comp. Income | -$13.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $104M |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $73.5B |
| Total Debt | $36.9B |
| Net Debt | $27.8B |
