| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | — | 3.2% | — |
| Op. Income | $824M | $794M | — | 3.8% | — |
| Gross Margin | 97.8% | 97.6% | — | 0.1pp | — |
| Net Margin | 25.9% | 25.7% | — | 0.2pp | — |
| EPS (Diluted) | $0.36 | $0.35 | — | 2.9% | — |
| Free Cash Flow | $1.6B | -$626M | — | 357.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $45M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $748M |
| Other Expenses | $400M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $824M |
| Interest Income | $952M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $824M |
| Income Tax Expense | $302M |
| Net Income from Continuing Ops | $522M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $522M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $478M |
| D&A | $61M |
| EBIT | $824M |
| EBITDA | $885M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $45M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $748M |
| Other Expenses | $400M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $824M |
| Interest Income | $952M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $824M |
| Income Tax Expense | $302M |
| Net Income from Continuing Ops | $522M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $522M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $478M |
| D&A | $61M |
| EBIT | $824M |
| EBITDA | $885M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $522M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $84M |
| Change in Working Capital | $981M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$503M |
| Purchases of Investments | -$18.2B |
| Sales/Maturities of Investments | $6.0B |
| Other Investing Activities | -$517M |
| NET CASH FROM INVESTING | -$12.7B |
| Net Debt Issuance | -$3.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$121M |
| Other Financing Activities | $14.0B |
| NET CASH FROM FINANCING | $11.4B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $397M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.8B |
| Short-Term Investments | $77.4B |
| Net Receivables | $18.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $106.9B |
| PP&E (Net) | $1.3B |
| Goodwill | $1.2B |
| Intangible Assets | $144M |
| Long-Term Investments | $91.3B |
| Tax Assets | $143M |
| Other Non-Current Assets | $22.4B |
| TOTAL NON-CURRENT ASSETS | $116.4B |
| TOTAL ASSETS | $223.4B |
| Account Payables | $38.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $163.5B |
| TOTAL CURRENT LIABILITIES | $204.1B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204.1B |
| TOTAL NON-CURRENT LIABILITIES | $207.0B |
| TOTAL LIABILITIES | $207.0B |
| Common Stock | $15M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $12.6B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.4B |
| TOTAL LIABILITIES & EQUITY | $223.4B |
| Total Debt | $2.9B |
| Net Debt | -$8.0B |
