| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.4B | — | $15.1B | — | 21.7% |
| Op. Income | $12.1B | — | $7.9B | — | 54.1% |
| Gross Margin | 82.3% | — | 81.7% | — | 0.6pp |
| Net Margin | 36.5% | — | 39.7% | — | -3.2pp |
| EPS (Diluted) | $2.80 | — | $2.48 | — | 12.9% |
| Free Cash Flow | $8.5B | — | $5.1B | — | 68.3% |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $922M |
| General & Administrative | $1.5B |
| SG&A Expenses | $2.4B |
| Other Expenses | $575M |
| Operating Expenses | $3.0B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $12.1B |
| Interest Income | $0 |
| Interest Expense | $563M |
| Other Income/Expenses | -$450M |
| INCOME BEFORE TAX | $11.7B |
| Income Tax Expense | $5.0B |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | -$232M |
| BOTTOM LINE NET INCOME | $6.7B |
| D&A | $556M |
| EBIT | $12.2B |
| EBITDA | $12.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $922M |
| General & Administrative | $1.5B |
| SG&A Expenses | $2.4B |
| Other Expenses | $575M |
| Operating Expenses | $3.0B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $12.1B |
| Interest Income | $0 |
| Interest Expense | $563M |
| Other Income/Expenses | -$450M |
| INCOME BEFORE TAX | $11.7B |
| Income Tax Expense | $5.0B |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | -$232M |
| BOTTOM LINE NET INCOME | $6.7B |
| D&A | $556M |
| EBIT | $12.2B |
| EBITDA | $12.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $6.7B |
| Depreciation & Amortization | $556M |
| Stock-Based Compensation | $235M |
| Deferred Income Tax | $1.7B |
| Other Non-Cash Items | $4.6B |
| Change in Working Capital | -$4.6B |
| OPERATING CASH FLOW | $9.2B |
| Capital Expenditure | -$707M |
| Acquisitions (Net) | -$302M |
| Purchases of Investments | -$3.3B |
| Sales/Maturities of Investments | $5.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $735M |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$6.9B |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | -$5.9B |
| FREE CASH FLOW | $8.5B |
| Net Change in Cash | $4.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.9B |
| Short-Term Investments | $3.6B |
| Net Receivables | $2.6B |
| Inventory | $0 |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $19.0B |
| PP&E (Net) | $2.3B |
| Goodwill | $15.1B |
| Intangible Assets | $27.8B |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $49.0B |
| TOTAL ASSETS | $68.0B |
| Account Payables | $179M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.1B |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $16.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.0B |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $25.2B |
| TOTAL LIABILITIES | $35.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $16.9B |
| Retained Earnings | $9.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $878M |
| Other Equity | -$52M |
| TOTAL STOCKHOLDERS' EQUITY | $32.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.8B |
| TOTAL LIABILITIES & EQUITY | $68.0B |
| Total Debt | $18.4B |
| Net Debt | $8.5B |
