| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $9.3B | $8.8B | -0.5% | 5.1% |
| Op. Income | $2.6B | $2.7B | $2.7B | -2.7% | -1.3% |
| Gross Margin | 77.2% | 79.5% | 80.2% | -2.3pp | -2.9pp |
| Net Margin | 22.1% | 22.1% | 24.1% | -0.0pp | -2.0pp |
| EPS (Diluted) | $1.35 | $1.35 | $1.38 | 0.0% | -1.6% |
| Free Cash Flow | $7.4B | $9.7B | -$57M | -23.3% | 13116.7% |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $2.6B |
| Interest Income | $5.0B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $579M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $291M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $2.6B |
| Interest Income | $5.0B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $579M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $291M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $291M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $112M |
| Other Non-Cash Items | $170M |
| Change in Working Capital | $5.0B |
| OPERATING CASH FLOW | $7.6B |
| Capital Expenditure | -$167M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11.9B |
| Sales/Maturities of Investments | $8.6B |
| Other Investing Activities | -$7.5B |
| NET CASH FROM INVESTING | -$11.0B |
| Net Debt Issuance | -$97M |
| Common Stock Repurchased | -$742M |
| Common Dividends Paid | -$986M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$979M |
| FREE CASH FLOW | $7.4B |
| Net Change in Cash | -$4.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44.2B |
| Short-Term Investments | $62.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $106.7B |
| PP&E (Net) | $1.9B |
| Goodwill | $7.9B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $469.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $290.8B |
| TOTAL NON-CURRENT ASSETS | $771.8B |
| TOTAL ASSETS | $878.5B |
| Account Payables | $0 |
| Short-Term Debt | $89.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $599.1B |
| TOTAL CURRENT LIABILITIES | $688.3B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $130.1B |
| TOTAL NON-CURRENT LIABILITIES | $136.8B |
| TOTAL LIABILITIES | $825.2B |
| Common Stock | $13.1B |
| Additional Paid-In Capital | $13.1B |
| Retained Earnings | $32.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52.9B |
| Minority Interest | $429M |
| TOTAL EQUITY | $53.3B |
| TOTAL LIABILITIES & EQUITY | $878.5B |
| Total Debt | $95.9B |
| Net Debt | $51.8B |
