| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.0B | $11.2B | $10.6B | -2.3% | 3.5% |
| Op. Income | $1.3B | $1.6B | $1.4B | -21.5% | -12.2% |
| Gross Margin | 27.5% | 30.3% | 30.7% | -2.8pp | -3.2pp |
| Net Margin | 6.0% | 7.7% | 7.0% | -1.7pp | -0.9pp |
| EPS (Diluted) | $1.28 | $1.63 | $1.39 | -21.5% | -7.9% |
| Free Cash Flow | -$1.0B | $208M | -$144M | -580.8% | -594.4% |
| Item | Amount |
|---|---|
| REVENUE | $11.0B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $400M |
| General & Administrative | $0 |
| SG&A Expenses | $400M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $25M |
| Interest Expense | $266M |
| Other Income/Expenses | -$193M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $402M |
| Net Income from Continuing Ops | $661M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $661M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $661M |
| D&A | $38M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.0B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $400M |
| General & Administrative | $0 |
| SG&A Expenses | $400M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $25M |
| Interest Expense | $266M |
| Other Income/Expenses | -$193M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $402M |
| Net Income from Continuing Ops | $661M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $661M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $661M |
| D&A | $38M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $661M |
| Depreciation & Amortization | $512M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$642M |
| Change in Working Capital | -$162M |
| OPERATING CASH FLOW | $369M |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | $518M |
| Purchases of Investments | -$467M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $185M |
| Net Debt Issuance | -$204M |
| Common Stock Repurchased | -$359M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$599M |
| FREE CASH FLOW | -$1.0B |
| Net Change in Cash | $903M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $340M |
| Short-Term Investments | $5.4B |
| Net Receivables | $1.7B |
| Inventory | $1.3B |
| Other Current Assets | $393M |
| TOTAL CURRENT ASSETS | $10.0B |
| PP&E (Net) | $33.3B |
| Goodwill | $4.1B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $538M |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $42.4B |
| TOTAL ASSETS | $52.4B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $7.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15.3B |
| Long-Term Debt | $22.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.9B |
| TOTAL NON-CURRENT LIABILITIES | $33.1B |
| TOTAL LIABILITIES | $48.5B |
| Common Stock | $5M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | $3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $52.4B |
| Total Debt | $24.7B |
| Net Debt | $24.3B |
