| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.3B | — | 4.7% | — |
| Op. Income | $3.1B | $2.6B | — | 18.1% | — |
| Gross Margin | 83.9% | 80.0% | — | 3.9pp | — |
| Net Margin | 46.4% | 45.3% | — | 1.1pp | — |
| EPS (Diluted) | $0.86 | $0.79 | — | 8.9% | — |
| Free Cash Flow | $2.3B | $2.3B | — | 1.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $716M |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $218M |
| General & Administrative | $266M |
| SG&A Expenses | $484M |
| Other Expenses | $161M |
| Operating Expenses | $645M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $140M |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $909M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | -$72M |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $146M |
| EBIT | $3.1B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $716M |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $218M |
| General & Administrative | $266M |
| SG&A Expenses | $484M |
| Other Expenses | $161M |
| Operating Expenses | $645M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $140M |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $909M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | -$72M |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $146M |
| EBIT | $3.1B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $146M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $77M |
| Other Non-Cash Items | $960M |
| Change in Working Capital | -$790M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$171M |
| Acquisitions (Net) | $171M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $788M |
| Other Investing Activities | -$171M |
| NET CASH FROM INVESTING | -$417M |
| Net Debt Issuance | $566M |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | -$399M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $3.7B |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $14.7B |
| PP&E (Net) | $2.2B |
| Goodwill | $14.9B |
| Intangible Assets | $26.4B |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $48.7B |
| TOTAL ASSETS | $63.4B |
| Account Payables | $118M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $21.3B |
| TOTAL LIABILITIES | $31.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $17.2B |
| Retained Earnings | $10.5B |
| Treasury Stock | -$170M |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | -$128M |
| TOTAL STOCKHOLDERS' EQUITY | $31.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $31.7B |
| TOTAL LIABILITIES & EQUITY | $63.4B |
| Total Debt | $16.5B |
| Net Debt | $10.6B |