| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.7B | — | $26.7B | — | 7.7% |
| Op. Income | $11.6B | — | $10.9B | — | 6.2% |
| Gross Margin | 63.7% | — | 64.8% | — | -1.1pp |
| Net Margin | 21.0% | — | 26.1% | — | -5.1pp |
| EPS (Diluted) | $3.88 | — | $4.48 | — | -13.4% |
| Free Cash Flow | $7.4B | — | $6.9B | — | 6.6% |
| Item | Amount |
|---|---|
| REVENUE | $28.7B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $18.3B |
| R&D Expenses | $453M |
| Selling & Marketing | $0 |
| General & Administrative | $6.7B |
| SG&A Expenses | $6.7B |
| Other Expenses | -$424M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $17.2B |
| OPERATING INCOME | $11.6B |
| Interest Income | $182M |
| Interest Expense | $1.1B |
| Other Income/Expenses | -$928M |
| INCOME BEFORE TAX | $10.6B |
| Income Tax Expense | $4.3B |
| Net Income from Continuing Ops | $6.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $875M |
| EBIT | $11.6B |
| EBITDA | $12.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $28.7B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $18.3B |
| R&D Expenses | $453M |
| Selling & Marketing | $0 |
| General & Administrative | $6.7B |
| SG&A Expenses | $6.7B |
| Other Expenses | -$424M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $17.2B |
| OPERATING INCOME | $11.6B |
| Interest Income | $182M |
| Interest Expense | $1.1B |
| Other Income/Expenses | -$928M |
| INCOME BEFORE TAX | $10.6B |
| Income Tax Expense | $4.3B |
| Net Income from Continuing Ops | $6.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $875M |
| EBIT | $11.6B |
| EBITDA | $12.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $6.0B |
| Depreciation & Amortization | $875M |
| Stock-Based Compensation | $148M |
| Deferred Income Tax | -$501M |
| Other Non-Cash Items | $158M |
| Change in Working Capital | $2.2B |
| OPERATING CASH FLOW | $8.9B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | -$111M |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | $4.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6.5B |
| Other Financing Activities | -$421M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $7.4B |
| Net Change in Cash | $4.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.4B |
| Short-Term Investments | $0 |
| Net Receivables | $3.7B |
| Inventory | $8.8B |
| Other Current Assets | $603M |
| TOTAL CURRENT ASSETS | $21.6B |
| PP&E (Net) | $7.3B |
| Goodwill | $7.7B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $1.1B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $43.0B |
| Account Payables | $2.2B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $16.0B |
| Long-Term Debt | $31.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $799M |
| Other Non-Current Liabilities | $5.1B |
| TOTAL NON-CURRENT LIABILITIES | $37.2B |
| TOTAL LIABILITIES | $53.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $29.9B |
| Treasury Stock | -$35.4B |
| Accum. Other Comp. Income | -$8.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$12.1B |
| Minority Interest | $1.9B |
| TOTAL EQUITY | -$10.2B |
| TOTAL LIABILITIES & EQUITY | $43.0B |
| Total Debt | $34.3B |
| Net Debt | $25.9B |
