| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.1B | $15.8B | — | 2.2% | — |
| Op. Income | $2.5B | $3.3B | — | -24.6% | — |
| Gross Margin | 47.9% | 49.8% | — | -1.8pp | — |
| Net Margin | 12.1% | 17.5% | — | -5.3pp | — |
| EPS (Diluted) | $0.69 | $0.97 | — | -28.9% | — |
| Free Cash Flow | $2.8B | $2.5B | — | 14.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $5.2B |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $47M |
| Interest Expense | $150M |
| Other Income/Expenses | $184M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $678M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | -$50M |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $839M |
| EBIT | $2.8B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $5.2B |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $47M |
| Interest Expense | $150M |
| Other Income/Expenses | $184M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $678M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | -$50M |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $839M |
| EBIT | $2.8B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $839M |
| Stock-Based Compensation | $126M |
| Deferred Income Tax | -$387M |
| Other Non-Cash Items | -$292M |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$443M |
| Sales/Maturities of Investments | $225M |
| Other Investing Activities | $317M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | $648M |
| NET CASH FROM FINANCING | -$3.7B |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | -$793M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.1B |
| Short-Term Investments | $6.2B |
| Net Receivables | $4.4B |
| Inventory | $4.7B |
| Other Current Assets | $8.7B |
| TOTAL CURRENT ASSETS | $33.8B |
| PP&E (Net) | $19.4B |
| Goodwill | $44.4B |
| Intangible Assets | $24.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.1B |
| TOTAL NON-CURRENT ASSETS | $93.4B |
| TOTAL ASSETS | $127.1B |
| Account Payables | $9.3B |
| Short-Term Debt | $11.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $30.8B |
| Long-Term Debt | $18.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9.1B |
| Other Non-Current Liabilities | $10.3B |
| TOTAL NON-CURRENT LIABILITIES | $38.4B |
| TOTAL LIABILITIES | $69.2B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $63.7B |
| Retained Earnings | $88.0B |
| Treasury Stock | -$82.2B |
| Accum. Other Comp. Income | -$15.9B |
| Other Equity | -$1.3B |
| TOTAL STOCKHOLDERS' EQUITY | $57.3B |
| Minority Interest | $642M |
| TOTAL EQUITY | $58.0B |
| TOTAL LIABILITIES & EQUITY | $127.1B |
| Total Debt | $30.6B |
| Net Debt | $23.5B |
