| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.1B | — | 2.6% | — |
| Op. Income | $1.3B | $1.5B | — | -13.1% | — |
| Gross Margin | 69.3% | 70.4% | — | -1.0pp | — |
| Net Margin | 13.6% | 15.6% | — | -2.0pp | — |
| EPS (Diluted) | $0.71 | $0.80 | — | -10.3% | — |
| Free Cash Flow | $523M | $235M | — | 122.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $896M |
| Selling & Marketing | $1.9B |
| General & Administrative | $313M |
| SG&A Expenses | $2.2B |
| Other Expenses | $2M |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $1.3B |
| Interest Income | $37M |
| Interest Expense | $91M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $854M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $854M |
| D&A | $371M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $896M |
| Selling & Marketing | $1.9B |
| General & Administrative | $313M |
| SG&A Expenses | $2.2B |
| Other Expenses | $2M |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $1.3B |
| Interest Income | $37M |
| Interest Expense | $91M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $854M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $854M |
| D&A | $371M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $849M |
| Depreciation & Amortization | $371M |
| Stock-Based Compensation | $431M |
| Deferred Income Tax | $337M |
| Other Non-Cash Items | -$292M |
| Change in Working Capital | -$437M |
| OPERATING CASH FLOW | $827M |
| Capital Expenditure | -$304M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | -$279M |
| Sales/Maturities of Investments | $174M |
| Other Investing Activities | -$285M |
| NET CASH FROM INVESTING | -$435M |
| Net Debt Issuance | -$526M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$518M |
| FREE CASH FLOW | $523M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $586M |
| Net Receivables | $6.0B |
| Inventory | $0 |
| Other Current Assets | $745M |
| TOTAL CURRENT ASSETS | $12.1B |
| PP&E (Net) | $2.8B |
| Goodwill | $26.0B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $1.6B |
| Tax Assets | $630M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $36.5B |
| TOTAL ASSETS | $48.6B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $3.9B |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $10.5B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $105M |
| Deferred Tax Liabilities | $458M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $10.4B |
| TOTAL LIABILITIES | $20.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $661M |
| Retained Earnings | $24.3B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | $2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.8B |
| Minority Interest | $26M |
| TOTAL EQUITY | $27.8B |
| TOTAL LIABILITIES & EQUITY | $48.6B |
| Total Debt | $10.0B |
| Net Debt | $5.2B |
