| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.4B | $2.4B | 1.0% | 1.4% |
| Op. Income | $376M | $326M | $413M | 15.3% | -9.0% |
| Gross Margin | 60.8% | 61.0% | 66.2% | -0.3pp | -5.5pp |
| Net Margin | 10.2% | 8.7% | 14.8% | 1.4pp | -4.6pp |
| EPS (Diluted) | $0.55 | $0.46 | $0.70 | 19.6% | -21.4% |
| Free Cash Flow | -$177M | $282M | $463M | -162.8% | -138.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $969M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $494M |
| SG&A Expenses | $527M |
| Other Expenses | $599M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $376M |
| Interest Income | $2.1B |
| Interest Expense | $700M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $469M |
| EBIT | $376M |
| EBITDA | $845M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $969M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $494M |
| SG&A Expenses | $527M |
| Other Expenses | $599M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $376M |
| Interest Income | $2.1B |
| Interest Expense | $700M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $469M |
| EBIT | $376M |
| EBITDA | $845M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $252M |
| Depreciation & Amortization | $469M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $196M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $895M |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$352M |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | $390M |
| Common Stock Repurchased | -$204M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | -$177M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $21.8B |
| Net Receivables | $585M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26.9B |
| PP&E (Net) | $10.1B |
| Goodwill | $240M |
| Intangible Assets | $0 |
| Long-Term Investments | $122.7B |
| Tax Assets | $764M |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $137.5B |
| TOTAL ASSETS | $164.3B |
| Account Payables | $1.3B |
| Short-Term Debt | $10.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $86.2B |
| TOTAL CURRENT LIABILITIES | $98.2B |
| Long-Term Debt | $49.1B |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $52.7B |
| TOTAL LIABILITIES | $150.9B |
| Common Stock | $21.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$6.8B |
| Treasury Stock | -$730M |
| Accum. Other Comp. Income | -$245M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.5B |
| TOTAL LIABILITIES & EQUITY | $164.3B |
| Total Debt | $59.9B |
| Net Debt | $55.3B |
