| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.7B | $23.4B | — | 1.4% | — |
| Op. Income | $8.3B | $8.2B | — | 0.4% | — |
| Gross Margin | 90.1% | 89.4% | — | 0.8pp | — |
| Net Margin | 23.8% | 23.8% | — | 0.0pp | — |
| EPS (Diluted) | $1.03 | $1.01 | — | 2.0% | — |
| Free Cash Flow | -$2.4B | -$7.3B | — | 67.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $23.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $21.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8.3B |
| SG&A Expenses | $8.3B |
| Other Expenses | $4.9B |
| Operating Expenses | $13.1B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | $8.3B |
| Interest Income | $13.5B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.3B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $5.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.2B |
| D&A | $1.4B |
| EBIT | $8.3B |
| EBITDA | $9.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $21.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8.3B |
| SG&A Expenses | $8.3B |
| Other Expenses | $4.9B |
| Operating Expenses | $13.1B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | $8.3B |
| Interest Income | $13.5B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.3B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $5.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.2B |
| D&A | $1.4B |
| EBIT | $8.3B |
| EBITDA | $9.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5.7B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $298M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26.5B |
| Change in Working Capital | $16.8B |
| OPERATING CASH FLOW | -$2.4B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$810M |
| Purchases of Investments | -$52.5B |
| Sales/Maturities of Investments | $20.5B |
| Other Investing Activities | -$6.9B |
| NET CASH FROM INVESTING | -$39.7B |
| Net Debt Issuance | $14.5B |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | $30.4B |
| NET CASH FROM FINANCING | $41.0B |
| FREE CASH FLOW | -$2.4B |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.3B |
| Short-Term Investments | $291.6B |
| Net Receivables | $55.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $366.3B |
| PP&E (Net) | $18.6B |
| Goodwill | $26.7B |
| Intangible Assets | $14.8B |
| Long-Term Investments | $1.1T |
| Tax Assets | $0 |
| Other Non-Current Assets | $431.8B |
| TOTAL NON-CURRENT ASSETS | $1.6T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $0 |
| Short-Term Debt | $124.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3T |
| TOTAL CURRENT LIABILITIES | $1.5T |
| Long-Term Debt | $254.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$4.5B |
| TOTAL NON-CURRENT LIABILITIES | $254.8B |
| TOTAL LIABILITIES | $1.7T |
| Common Stock | $9.1B |
| Additional Paid-In Capital | $60.7B |
| Retained Earnings | $130.3B |
| Treasury Stock | -$22.2B |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | -$1.6B |
| TOTAL STOCKHOLDERS' EQUITY | $203.0B |
| Minority Interest | $930M |
| TOTAL EQUITY | $204.0B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $384.0B |
| Net Debt | $364.7B |
