| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.8B | — | $13.0B | — | -1.7% |
| Op. Income | $4.2B | — | $4.0B | — | 3.0% |
| Gross Margin | 71.6% | — | 78.1% | — | -6.5pp |
| Net Margin | 24.4% | — | 23.4% | — | 1.1pp |
| EPS (Diluted) | $0.51 | — | $0.49 | — | 4.1% |
| Free Cash Flow | $1.2B | — | $1.4B | — | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $4.2B |
| Interest Income | $81M |
| Interest Expense | $309M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $821M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $1.6B |
| EBIT | $4.3B |
| EBITDA | $5.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $4.2B |
| Interest Income | $81M |
| Interest Expense | $309M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $821M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $1.6B |
| EBIT | $4.3B |
| EBITDA | $5.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $218M |
| Deferred Income Tax | $38M |
| Other Non-Cash Items | -$1.1B |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$358M |
| Acquisitions (Net) | -$585M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $6.9B |
| Other Investing Activities | $297M |
| NET CASH FROM INVESTING | $4.8B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$5.0B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | $93M |
| NET CASH FROM FINANCING | -$4.9B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $10.5B |
| Net Receivables | $11.7B |
| Inventory | $7.4B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $35.9B |
| PP&E (Net) | $13.2B |
| Goodwill | $54.7B |
| Intangible Assets | $52.4B |
| Long-Term Investments | $7.3B |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $132.9B |
| TOTAL ASSETS | $168.8B |
| Account Payables | $3.4B |
| Short-Term Debt | $7.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.0B |
| TOTAL CURRENT LIABILITIES | $24.9B |
| Long-Term Debt | $36.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30.9B |
| Other Non-Current Liabilities | $18.0B |
| TOTAL NON-CURRENT LIABILITIES | $85.2B |
| TOTAL LIABILITIES | $110.0B |
| Common Stock | $463M |
| Additional Paid-In Capital | $83.1B |
| Retained Earnings | $74.8B |
| Treasury Stock | -$89.4B |
| Accum. Other Comp. Income | -$10.6B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $58.4B |
| Minority Interest | $311M |
| TOTAL EQUITY | $58.7B |
| TOTAL LIABILITIES & EQUITY | $168.8B |
| Total Debt | $44.0B |
| Net Debt | $40.0B |
