2018 Q3 Form 10-Q Financial Statement

#000110852418000057 Filed on August 31, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q3
Revenue $3.281B $3.006B $2.562B
YoY Change 28.08% 25.41% 25.78%
Cost Of Revenue $849.0M $767.0M $670.0M
YoY Change 26.72% 17.82% 27.48%
Gross Profit $2.432B $2.239B $1.907B
YoY Change 27.53% 28.24% 26.2%
Gross Profit Margin 74.12% 74.48% 74.45%
Selling, General & Admin $1.854B $1.624B $1.436B
YoY Change 29.11% 18.89% 20.98%
% of Gross Profit 76.23% 72.53% 75.3%
Research & Development $463.0M $424.0M $387.0M
YoY Change 19.64% 12.77% 32.76%
% of Gross Profit 19.04% 18.94% 20.29%
Depreciation & Amortization $252.0M $181.0M $192.0M
YoY Change 31.25% -2.16% 28.6%
% of Gross Profit 10.36% 8.08% 10.07%
Operating Expenses $2.317B $2.048B $1.823B
YoY Change 27.1% 17.57% 23.3%
Operating Profit $115.0M $191.0M $84.00M
YoY Change 36.9% 4675.0% 158.06%
Interest Expense $39.00M $34.00M $22.00M
YoY Change 77.27% 54.55% 6.24%
% of Operating Profit 33.91% 17.8% 26.19%
Other Income/Expense, Net -$27.00M -$17.00M $0.00
YoY Change -100.0%
Pretax Income $231.0M $385.0M $63.00M
YoY Change 266.67% -3950.0% 159.44%
Income Tax -$68.00M $41.00M $17.00M
% Of Pretax Income -29.44% 10.65% 26.98%
Net Earnings $299.0M $344.0M $46.00M
YoY Change 550.0% 34300.0% -79.97%
Net Earnings / Revenue 9.11% 11.44% 1.8%
Basic Earnings Per Share $0.40 $0.47 $0.06
Diluted Earnings Per Share $0.39 $0.46 $0.06
COMMON SHARES
Basic Shares Outstanding 747.0M shares 729.0M shares 712.0M shares
Diluted Shares Outstanding 774.0M shares 754.0M shares 729.0M shares

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.427B $7.159B $3.501B
YoY Change -2.12% 122.35% 198.15%
Cash & Equivalents $2.319B $5.922B $1.949B
Short-Term Investments $1.108B $1.237B $1.552B
Other Short-Term Assets $687.0M $528.0M $705.0M
YoY Change -2.55% -25.74% -6.25%
Inventory
Prepaid Expenses $672.0M $510.0M $326.6M
Receivables $1.980B $1.763B $1.569B
Other Receivables $39.00M $34.00M $37.00M
Total Short-Term Assets $6.802B $10.15B $5.811B
YoY Change 17.05% 87.83% 77.28%
LONG-TERM ASSETS
Property, Plant & Equipment $1.986B $1.950B $1.867B
YoY Change 6.4% 5.61% 8.0%
Goodwill $12.25B $7.444B $7.294B
YoY Change 67.99% 2.11% 20.97%
Intangibles $1.976B $815.0M $965.9M
YoY Change 104.58% -21.74%
Long-Term Investments $1.202B $1.024B $658.0M
YoY Change 82.67% 60.25% -39.85%
Other Assets $459.0M $392.0M $458.0M
YoY Change 0.22% -17.51% -68.54%
Total Long-Term Assets $19.02B $12.81B $11.61B
YoY Change 63.87% 9.93% 4.54%
TOTAL ASSETS
Total Short-Term Assets $6.802B $10.15B $5.811B
Total Long-Term Assets $19.02B $12.81B $11.61B
Total Assets $25.82B $22.96B $17.42B
YoY Change 48.25% 34.61% 21.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $201.0M $134.0M $148.3M
YoY Change 35.56% 4.63% 46.23%
Accrued Expenses $977.0M $809.0M $1.282B
YoY Change -23.79% -38.15% -2.73%
Deferred Revenue $5.883B $6.201B
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $503.0M $3.000M $1.269B
YoY Change -60.36% -99.74% 6578.95%
Total Short-Term Liabilities $8.469B $7.895B $7.526B
YoY Change 12.53% 3.53% 39.99%
LONG-TERM LIABILITIES
Long-Term Debt $3.173B $3.172B $1.330B
YoY Change 138.57% 127.87% -46.71%
Other Long-Term Liabilities $653.0M $836.0M $727.9M
YoY Change -10.29% 4.14% -31.35%
Total Long-Term Liabilities $3.826B $4.008B $727.9M
YoY Change 425.63% 399.29% -31.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.469B $7.895B $7.526B
Total Long-Term Liabilities $3.826B $4.008B $727.9M
Total Liabilities $12.30B $11.90B $8.950B
YoY Change 37.37% 30.45% 8.5%
SHAREHOLDERS EQUITY
Retained Earnings $1.269B $969.0M -$456.4M
YoY Change -378.06% -304.38% 21.33%
Common Stock $12.31B $10.12B $8.890B
YoY Change 38.46% 20.54% 36.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.53B $11.06B $9.219B
YoY Change
Total Liabilities & Shareholders Equity $25.82B $22.96B $17.42B
YoY Change 48.25% 34.61% 21.12%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q3
OPERATING ACTIVITIES
Net Income $299.0M $344.0M $46.00M
YoY Change 550.0% 34300.0% -79.97%
Depreciation, Depletion And Amortization $252.0M $181.0M $192.0M
YoY Change 31.25% -2.16% 28.6%
Cash From Operating Activities $458.0M $1.466B $331.0M
YoY Change 38.37% 19.19% 32.04%
INVESTING ACTIVITIES
Capital Expenditures $170.0M $122.0M $128.0M
YoY Change 32.81% -22.29% 33.29%
Acquisitions $4.803B $182.0M $0.00
YoY Change 810.0% -100.0%
Other Investing Activities -$4.491B $398.0M -$396.0M
YoY Change 1034.09% -165.14% -72.62%
Cash From Investing Activities -$4.661B $276.0M -$524.0M
YoY Change 789.5% -135.94% -66.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $589.0M $1.625B $117.0M
YoY Change 403.42% -3416.33% -81.03%
NET CHANGE
Cash From Operating Activities $458.0M $1.466B $331.0M
Cash From Investing Activities -$4.661B $276.0M -$524.0M
Cash From Financing Activities $589.0M $1.625B $117.0M
Net Change In Cash -$3.603B $3.379B -$76.00M
YoY Change 4640.79% 718.16% -88.74%
FREE CASH FLOW
Cash From Operating Activities $458.0M $1.466B $331.0M
Capital Expenditures $170.0M $122.0M $128.0M
Free Cash Flow $288.0M $1.344B $203.0M
YoY Change 41.87% 25.26% 31.27%

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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4000000 USD
CY2017Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
95000000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
183000000 USD
CY2018Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
101000000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
190000000 USD
CY2018Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
23000000 USD
CY2018Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
33000000 USD
CY2018Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
561000000 USD
CY2018Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
700000000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
846000000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
653000000 USD
CY2018Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
677000000 USD
CY2018Q3 us-gaap Other Long Term Investments
OtherLongTermInvestments
1202000000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000 USD
CY2017Q3 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
501000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1200000000 USD
CY2018Q3 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
28000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
291000000 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
20000000 USD
CY2018Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4803000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4985000000 USD
CY2017Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
128000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
285000000 USD
CY2018Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
170000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
292000000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
471000000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
726000000 USD
CY2018Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
405000000 USD
CY2018Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
672000000 USD
CY2018Q1 us-gaap Prepaid Taxes
PrepaidTaxes
33000000 USD
CY2018Q3 us-gaap Prepaid Taxes
PrepaidTaxes
15000000 USD
CY2017Q3 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
0 USD
us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
0 USD
CY2018Q3 us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
496000000 USD
us-gaap Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
2966000000 USD
CY2017Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9000000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
13000000 USD
CY2018Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
40000000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
88000000 USD
CY2017Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
139000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
243000000 USD
CY2018Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
335000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1273000000 USD
CY2017Q3 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
183000000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
343000000 USD
CY2018Q3 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
182000000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
383000000 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3403000000 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3621000000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1947000000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1986000000 USD
CY2018Q3 us-gaap Purchase Obligation
PurchaseObligation
2000000000 USD
CY2018Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
79000000 USD
CY2018Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
142000000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
344000000 USD
CY2017Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
66000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
75000000 USD
CY2018Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
89000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
108000000 USD
CY2017Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
200000000 USD
CY2018Q3 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1027000000 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
387000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
763000000 USD
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
463000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
887000000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
635000000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1269000000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2577000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4974000000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3281000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6287000000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2577000000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4974000000 USD
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
21000000000 USD
CY2017Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1153000000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2259000000 USD
CY2018Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1504000000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2833000000 USD
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
256000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
508000000 USD
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
351000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
603000000 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
24904000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
50313000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
65292000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
54.96
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
235000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
463000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
794000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
12571000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1825000000 USD
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
21735000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
28168000 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
65.96
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
72.40
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
12319000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
1735000000 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
26081000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
70.69
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
42.84
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.00
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
81.06
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
71.51
CY2018Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
12319000 shares
CY2018Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
28168000 shares
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1013000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
338000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
511000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.15
CY2018Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
54.96
CY2018Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
72.40
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y3M18D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5344000 shares
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
10376000000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
13528000000 USD
CY2018Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
306000000 USD
CY2018Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
303000000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
729000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
726000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
774000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
763000000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
712000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
709000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
747000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
737000000 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentrations of Credit Risk and Significant Customers</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities and accounts receivable. Collateral is not required for accounts receivable. The Company maintains an allowance for its doubtful accounts receivable. This allowance is based upon historical loss patterns, the number of days that billings are past due and an evaluation of the potential risk of loss associated with delinquent accounts. Receivables are written-off and charged against the recorded allowance when the Company has exhausted collection efforts without success.</font></div></div>
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year ends on January&#160;31. References to fiscal </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, for example, refer to the fiscal year ending </font><font style="font-family:inherit;font-size:10pt;">January&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications to fiscal 2018&#160;balances were made to conform to the current period presentation in the </font><font style="font-family:inherit;font-size:10pt;">condensed consolidated</font><font style="font-family:inherit;font-size:10pt;"> balance sheets and </font><font style="font-family:inherit;font-size:10pt;">condensed consolidated</font><font style="font-family:inherit;font-size:10pt;"> statement of operations. These reclassifications include other noncurrent liabilities, temporary equity, other income (expense) and gains on strategic investments, net.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions in the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">condensed consolidated</font><font style="font-family:inherit;font-size:10pt;"> financial statements and notes thereto.</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant estimates and assumptions made by management include the determination of:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:30px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-30px;"><font style="font-family:inherit;font-size:10pt;">the standalone selling price (SSP) of performance obligations for contracts with multiple performance obligations;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the estimate of variable consideration as part of the adoption of ASU 2014-09;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the fair value of assets acquired and liabilities assumed for business combinations;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the recognition, measurement and valuation of current and deferred income taxes;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the average period of benefit associated with costs capitalized to obtain revenue contracts; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the fair value of certain stock awards issued; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the useful lives of intangible assets; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;padding-left:36px;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;text-indent:-36px;"><font style="font-family:inherit;font-size:10pt;">the valuation of privately-held strategic investments.</font></div></td></tr></table><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Actual results could differ materially from those estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable, the result of which forms the basis for making judgments about the carrying values of assets and liabilities. </font></div></div>

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