| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.6B | $10.4B | — | 2.2% | — |
| Op. Income | $1.4B | $1.8B | — | -18.3% | — |
| Gross Margin | 30.7% | 31.6% | — | -0.9pp | — |
| Net Margin | 7.0% | 9.2% | — | -2.2pp | — |
| EPS (Diluted) | $1.39 | $1.68 | — | -17.3% | — |
| Free Cash Flow | -$144M | $707M | — | -120.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $347M |
| General & Administrative | $0 |
| SG&A Expenses | $347M |
| Other Expenses | $1.5B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $1.4B |
| Interest Income | $16M |
| Interest Expense | $250M |
| Other Income/Expenses | -$242M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $452M |
| Net Income from Continuing Ops | $737M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $737M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $737M |
| D&A | $8M |
| EBIT | $1.4B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $347M |
| General & Administrative | $0 |
| SG&A Expenses | $347M |
| Other Expenses | $1.5B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $1.4B |
| Interest Income | $16M |
| Interest Expense | $250M |
| Other Income/Expenses | -$242M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $452M |
| Net Income from Continuing Ops | $737M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $737M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $737M |
| D&A | $8M |
| EBIT | $1.4B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $737M |
| Depreciation & Amortization | $477M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$145M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $28M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$871M |
| Net Debt Issuance | $547M |
| Common Stock Repurchased | -$695M |
| Common Dividends Paid | -$53M |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$258M |
| FREE CASH FLOW | -$144M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $381M |
| Short-Term Investments | $6.4B |
| Net Receivables | $1.7B |
| Inventory | $1.1B |
| Other Current Assets | $635M |
| TOTAL CURRENT ASSETS | $11.0B |
| PP&E (Net) | $30.3B |
| Goodwill | $4.1B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $40.1B |
| TOTAL ASSETS | $51.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $7.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.5B |
| Long-Term Debt | $21.5B |
| Deferred Revenue NC | $554M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.1B |
| TOTAL NON-CURRENT LIABILITIES | $32.2B |
| TOTAL LIABILITIES | $46.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $51.1B |
| Total Debt | $23.3B |
| Net Debt | $23.0B |
