| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $5.5B | — | 10.8% | — |
| Op. Income | $1.5B | $951M | — | 56.1% | — |
| Gross Margin | 70.4% | 66.9% | — | 3.5pp | — |
| Net Margin | 15.6% | 12.1% | — | 3.5pp | — |
| EPS (Diluted) | $0.80 | $0.56 | — | 41.7% | — |
| Free Cash Flow | $235M | $2.7B | — | -91.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $830M |
| Selling & Marketing | $1.7B |
| General & Administrative | $268M |
| SG&A Expenses | $2.0B |
| Other Expenses | $8M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $44M |
| Interest Expense | $72M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $387M |
| Net Income from Continuing Ops | $951M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $954M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $954M |
| D&A | $358M |
| EBIT | $1.4B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $830M |
| Selling & Marketing | $1.7B |
| General & Administrative | $268M |
| SG&A Expenses | $2.0B |
| Other Expenses | $8M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $44M |
| Interest Expense | $72M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $387M |
| Net Income from Continuing Ops | $951M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $954M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $954M |
| D&A | $358M |
| EBIT | $1.4B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $949M |
| Depreciation & Amortization | $358M |
| Stock-Based Compensation | $78M |
| Deferred Income Tax | $387M |
| Other Non-Cash Items | -$592M |
| Change in Working Capital | -$589M |
| OPERATING CASH FLOW | $513M |
| Capital Expenditure | -$278M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$182M |
| Sales/Maturities of Investments | $143M |
| Other Investing Activities | -$260M |
| NET CASH FROM INVESTING | -$315M |
| Net Debt Issuance | -$633M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $235M |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.9B |
| Short-Term Investments | $451M |
| Net Receivables | $6.2B |
| Inventory | $0 |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $2.7B |
| Goodwill | $26.1B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $1.5B |
| Tax Assets | $652M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $36.5B |
| TOTAL ASSETS | $48.9B |
| Account Payables | $1.2B |
| Short-Term Debt | $19M |
| Deferred Revenue | $5.2B |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $124M |
| Deferred Tax Liabilities | $498M |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $22.0B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $678M |
| Retained Earnings | $23.4B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | $2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.8B |
| Minority Interest | $30M |
| TOTAL EQUITY | $26.8B |
| TOTAL LIABILITIES & EQUITY | $48.9B |
| Total Debt | $10.2B |
| Net Debt | $5.2B |
