| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.4B | $3.1B | 4.3% | 12.2% |
| Op. Income | $879M | $788M | $963M | 11.5% | -8.7% |
| Gross Margin | 52.4% | 50.6% | 58.3% | 1.8pp | -5.9pp |
| Net Margin | 15.8% | 14.8% | 19.3% | 1.1pp | -3.5pp |
| EPS (Diluted) | $0.70 | $0.61 | $0.73 | 14.8% | -4.1% |
| Free Cash Flow | $2.9B | $1.8B | $1.8B | 65.6% | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $124M |
| General & Administrative | $333M |
| SG&A Expenses | $457M |
| Other Expenses | $501M |
| Operating Expenses | $958M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $879M |
| Interest Income | $4.2B |
| Interest Expense | $357M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $879M |
| Income Tax Expense | $324M |
| Net Income from Continuing Ops | $555M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $555M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $555M |
| D&A | $69M |
| EBIT | $879M |
| EBITDA | $948M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $124M |
| General & Administrative | $333M |
| SG&A Expenses | $457M |
| Other Expenses | $501M |
| Operating Expenses | $958M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $879M |
| Interest Income | $4.2B |
| Interest Expense | $357M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $879M |
| Income Tax Expense | $324M |
| Net Income from Continuing Ops | $555M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $555M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $555M |
| D&A | $69M |
| EBIT | $879M |
| EBITDA | $948M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $555M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $1.3B |
| Deferred Income Tax | $367M |
| Other Non-Cash Items | $165M |
| Change in Working Capital | $462M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$281M |
| Sales/Maturities of Investments | $912M |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$815M |
| Common Stock Repurchased | -$390M |
| Common Dividends Paid | -$118M |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $255M |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.9B |
| Short-Term Investments | $3.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.2B |
| PP&E (Net) | $0 |
| Goodwill | $991M |
| Intangible Assets | $772M |
| Long-Term Investments | $76.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.4B |
| TOTAL NON-CURRENT ASSETS | $75.3B |
| TOTAL ASSETS | $92.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $54.5B |
| TOTAL CURRENT LIABILITIES | $58.2B |
| Long-Term Debt | $19.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19.9B |
| TOTAL LIABILITIES | $78.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.4B |
| Retained Earnings | $6.5B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $92.5B |
| Total Debt | $19.9B |
| Net Debt | $6.0B |
