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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net revenues:        
Product $ 869.7 $ 928.2 $ 2,615.8 $ 2,543.3
Service 388.1 357.1 1,171.9 1,061.2
Total net revenues 1,257.8 1,285.3 3,787.7 3,604.5
Cost of revenues:        
Product 336.0 349.6 1,026.4 955.8
Service 149.4 136.2 440.4 401.9
Total cost of revenues 485.4 485.8 1,466.8 1,357.7
Gross margin 772.4 799.5 2,320.9 2,246.8
Operating expenses:        
Research and development 236.4 251.8 752.8 750.7
Sales and marketing 232.5 242.9 716.6 718.4
General and administrative 70.6 54.0 176.7 172.0
Restructuring charges 2.0 0.8 29.4 3.2
Total operating expenses 541.5 549.5 1,675.5 1,644.3
Operating income 230.9 250.0 645.4 602.5
Other expense, net (5.1) (13.4) (33.8) (47.2)
Income before income taxes 225.8 236.6 611.6 555.3
Income tax provision 60.1 64.2 157.3 151.5
Net income $ 165.7 $ 172.4 $ 454.3 $ 403.8
Net income per share:        
Basic (in dollars per share) $ 0.44 $ 0.45 $ 1.20 $ 1.06
Diluted, (in dollars per share) $ 0.43 $ 0.45 $ 1.18 $ 1.04
Shares used in computing net income per share:        
Basic (in shares) 378.3 381.0 380.0 382.3
Diluted (in shares) 382.7 384.5 386.5 387.9
Cash dividends declared per common stock (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30