| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50.3B | $50.1B | $46.3B | 0.5% | 8.7% |
| Op. Income | $4.1B | $3.7B | $3.6B | 9.6% | 14.2% |
| Gross Margin | 24.0% | 23.2% | 24.0% | 0.7pp | -0.1pp |
| Net Margin | 4.9% | 4.6% | 4.3% | 0.4pp | 0.7pp |
| EPS (Diluted) | $2.51 | $2.32 | $2.03 | 8.2% | 23.6% |
| Free Cash Flow | $7.1B | $1.8B | $6.8B | 303.9% | 4.2% |
| Item | Amount |
|---|---|
| REVENUE | $50.3B |
| Cost of Revenue | $38.3B |
| GROSS PROFIT | $12.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8.0B |
| Operating Expenses | $8.0B |
| Cost & Expenses | $46.2B |
| OPERATING INCOME | $4.1B |
| Interest Income | $0 |
| Interest Expense | $294M |
| Other Income/Expenses | -$294M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $578M |
| EBIT | $4.1B |
| EBITDA | $4.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $50.3B |
| Cost of Revenue | $38.3B |
| GROSS PROFIT | $12.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8.0B |
| Operating Expenses | $8.0B |
| Cost & Expenses | $46.2B |
| OPERATING INCOME | $4.1B |
| Interest Income | $0 |
| Interest Expense | $294M |
| Other Income/Expenses | -$294M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $578M |
| EBIT | $4.1B |
| EBITDA | $4.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $578M |
| Stock-Based Compensation | $124M |
| Deferred Income Tax | -$202M |
| Other Non-Cash Items | $76M |
| Change in Working Capital | $4.5B |
| OPERATING CASH FLOW | $7.5B |
| Capital Expenditure | -$466M |
| Acquisitions (Net) | -$204M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$2.3B |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | -$2.7B |
| Common Stock Repurchased | -$128M |
| Common Dividends Paid | -$726M |
| Other Financing Activities | -$298M |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $7.1B |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.3B |
| Short-Term Investments | $3.5B |
| Net Receivables | $15.5B |
| Inventory | $0 |
| Other Current Assets | $5.7B |
| TOTAL CURRENT ASSETS | $40.9B |
| PP&E (Net) | $6.6B |
| Goodwill | $53.4B |
| Intangible Assets | $8.5B |
| Long-Term Investments | $27.7B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $690M |
| TOTAL NON-CURRENT ASSETS | $99.5B |
| TOTAL ASSETS | $140.4B |
| Account Payables | $33.8B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $6.6B |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $58.1B |
| Long-Term Debt | $24.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $32.9B |
| TOTAL LIABILITIES | $91.0B |
| Common Stock | $10M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $45.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.3B |
| Minority Interest | $4.2B |
| TOTAL EQUITY | $49.5B |
| TOTAL LIABILITIES & EQUITY | $140.4B |
| Total Debt | $29.3B |
| Net Debt | $13.0B |
