| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.2B | — | -3.0% | — |
| Op. Income | $778M | $1.8B | — | -56.9% | — |
| Gross Margin | 59.3% | 58.9% | — | 0.3pp | — |
| Net Margin | 11.4% | 25.9% | — | -14.5pp | — |
| EPS (Diluted) | $0.46 | $1.07 | — | -57.0% | — |
| Free Cash Flow | $1.3B | $1.9B | — | -35.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $591M |
| Other Expenses | $876M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $778M |
| Interest Income | $167M |
| Interest Expense | $90M |
| Other Income/Expenses | $92M |
| INCOME BEFORE TAX | $870M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $681M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $682M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $682M |
| D&A | $329M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $591M |
| Other Expenses | $876M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $778M |
| Interest Income | $167M |
| Interest Expense | $90M |
| Other Income/Expenses | $92M |
| INCOME BEFORE TAX | $870M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $681M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $682M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $682M |
| D&A | $329M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $681M |
| Depreciation & Amortization | $329M |
| Stock-Based Compensation | $239M |
| Deferred Income Tax | -$113M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $254M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$129M |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | -$4.1B |
| Sales/Maturities of Investments | $6.9B |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | $681M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$444M |
| Common Dividends Paid | -$784M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $939M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.9B |
| Short-Term Investments | $3.9B |
| Net Receivables | $2.1B |
| Inventory | $1.9B |
| Other Current Assets | $972M |
| TOTAL CURRENT ASSETS | $15.8B |
| PP&E (Net) | $2.3B |
| Goodwill | $5.7B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $19.0B |
| Tax Assets | $2.3B |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $36.6B |
| TOTAL ASSETS | $52.4B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $487M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $2.3B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $953M |
| TOTAL NON-CURRENT LIABILITIES | $13.2B |
| TOTAL LIABILITIES | $21.2B |
| Common Stock | $214M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $30.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $186M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.2B |
| Minority Interest | -$9M |
| TOTAL EQUITY | $31.2B |
| TOTAL LIABILITIES & EQUITY | $52.4B |
| Total Debt | $11.7B |
| Net Debt | $4.8B |
