| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.9B | — | $18.3B | — | 14.5% |
| Op. Income | $3.3B | — | $2.9B | — | 14.3% |
| Gross Margin | 46.3% | — | 47.0% | — | -0.7pp |
| Net Margin | 10.6% | — | 11.1% | — | -0.4pp |
| EPS (Diluted) | $5.59 | — | $5.09 | — | 9.8% |
| Free Cash Flow | $3.5B | — | $2.7B | — | 29.0% |
| Item | Amount |
|---|---|
| REVENUE | $20.9B |
| Cost of Revenue | $11.2B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $888M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $110M |
| Operating Expenses | $6.4B |
| Cost & Expenses | $17.7B |
| OPERATING INCOME | $3.3B |
| Interest Income | $81M |
| Interest Expense | $592M |
| Other Income/Expenses | -$838M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $201M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3M |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $2.0B |
| EBIT | $3.0B |
| EBITDA | $5.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $20.9B |
| Cost of Revenue | $11.2B |
| GROSS PROFIT | $9.7B |
| R&D Expenses | $888M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $110M |
| Operating Expenses | $6.4B |
| Cost & Expenses | $17.7B |
| OPERATING INCOME | $3.3B |
| Interest Income | $81M |
| Interest Expense | $592M |
| Other Income/Expenses | -$838M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $201M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3M |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $2.0B |
| EBIT | $3.0B |
| EBITDA | $5.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $159M |
| Deferred Income Tax | -$1.1B |
| Other Non-Cash Items | $189M |
| Change in Working Capital | $485M |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$508M |
| Acquisitions (Net) | -$7.2B |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$7.7B |
| Net Debt Issuance | $3.0B |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$237M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $3.9B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | $550M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $3.9B |
| Inventory | $3.0B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $9.4B |
| PP&E (Net) | $4.0B |
| Goodwill | $25.3B |
| Intangible Assets | $16.7B |
| Long-Term Investments | $34M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $47.2B |
| TOTAL ASSETS | $56.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $719M |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $7.0B |
| Long-Term Debt | $18.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.8B |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $24.2B |
| TOTAL LIABILITIES | $31.3B |
| Common Stock | $428M |
| Additional Paid-In Capital | $14.2B |
| Retained Earnings | $15.9B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.4B |
| TOTAL LIABILITIES & EQUITY | $56.6B |
| Total Debt | $21.0B |
| Net Debt | $19.6B |
