| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.5B | $2.5B | -0.4% | -1.5% |
| Op. Income | $326M | $380M | $397M | -14.2% | -17.9% |
| Gross Margin | 61.0% | 61.7% | 65.0% | -0.6pp | -4.0pp |
| Net Margin | 8.7% | 10.1% | 10.1% | -1.3pp | -1.3pp |
| EPS (Diluted) | $0.46 | $0.52 | $0.48 | -11.5% | -4.2% |
| Free Cash Flow | $282M | $64M | $501M | 340.6% | -43.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $953M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $472M |
| SG&A Expenses | $502M |
| Other Expenses | $665M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $326M |
| Interest Income | $2.0B |
| Interest Expense | $682M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $326M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $213M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $214M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $534M |
| EBIT | $326M |
| EBITDA | $860M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $953M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $472M |
| SG&A Expenses | $502M |
| Other Expenses | $665M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $326M |
| Interest Income | $2.0B |
| Interest Expense | $682M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $326M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $213M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $214M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $534M |
| EBIT | $326M |
| EBITDA | $860M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $214M |
| Depreciation & Amortization | $534M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $229M |
| Change in Working Capital | $198M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$893M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.0B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$7.4B |
| Common Stock Repurchased | -$169M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $5.5B |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $282M |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $20.3B |
| Net Receivables | $622M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.4B |
| PP&E (Net) | $10.9B |
| Goodwill | $240M |
| Intangible Assets | $0 |
| Long-Term Investments | $121.0B |
| Tax Assets | $900M |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $136.7B |
| TOTAL ASSETS | $162.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $8.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84.5B |
| TOTAL CURRENT LIABILITIES | $94.1B |
| Long-Term Debt | $51.1B |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $54.6B |
| TOTAL LIABILITIES | $148.7B |
| Common Stock | $21.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$7.0B |
| Treasury Stock | -$526M |
| Accum. Other Comp. Income | -$321M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.4B |
| TOTAL LIABILITIES & EQUITY | $162.1B |
| Total Debt | $59.4B |
| Net Debt | $55.0B |
