| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $5.0B | $6.0B | 7.1% | -11.1% |
| Op. Income | $773M | $729M | $1.6B | 6.0% | -51.4% |
| Gross Margin | 53.7% | 56.0% | 58.1% | -2.3pp | -4.4pp |
| Net Margin | 16.1% | 14.9% | 23.9% | 1.2pp | -7.8pp |
| EPS (Diluted) | $0.58 | $0.50 | $0.97 | 16.0% | -40.2% |
| Free Cash Flow | -$95M | $693M | $1.7B | -113.7% | -105.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $710M |
| Other Expenses | $9M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $773M |
| Interest Income | $147M |
| Interest Expense | $133M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $858M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $865M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $866M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $866M |
| D&A | $393M |
| EBIT | $992M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $710M |
| Other Expenses | $9M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $773M |
| Interest Income | $147M |
| Interest Expense | $133M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $858M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $865M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $866M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $866M |
| D&A | $393M |
| EBIT | $992M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $865M |
| Depreciation & Amortization | $393M |
| Stock-Based Compensation | $227M |
| Deferred Income Tax | -$237M |
| Other Non-Cash Items | -$166M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$177M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | -$7.4B |
| Sales/Maturities of Investments | $6.5B |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$844M |
| Other Financing Activities | $9.9B |
| NET CASH FROM FINANCING | $8.8B |
| FREE CASH FLOW | -$95M |
| Net Change in Cash | $7.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.9B |
| Short-Term Investments | $6.0B |
| Net Receivables | $3.5B |
| Inventory | $2.0B |
| Other Current Assets | $624M |
| TOTAL CURRENT ASSETS | $27.0B |
| PP&E (Net) | $3.2B |
| Goodwill | $6.5B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $16.9B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $4.2B |
| TOTAL NON-CURRENT ASSETS | $37.4B |
| TOTAL ASSETS | $64.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $513M |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $19.4B |
| Deferred Revenue NC | $2.1B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $23.9B |
| TOTAL LIABILITIES | $33.1B |
| Common Stock | $225M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $30.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $291M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.3B |
| Minority Interest | -$11M |
| TOTAL EQUITY | $31.3B |
| TOTAL LIABILITIES & EQUITY | $64.4B |
| Total Debt | $21.9B |
| Net Debt | $7.0B |
