| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.6B | -$5.1B | 5.2% | 173.4% |
| Op. Income | $1.2B | $743M | $689M | 56.3% | 68.4% |
| Gross Margin | -36.8% | -53.9% | 238.2% | 17.1pp | -275.1pp |
| Net Margin | 15.3% | 21.8% | -12.6% | -6.5pp | 27.8pp |
| EPS (Diluted) | $0.10 | $0.14 | $0.11 | -26.5% | -9.1% |
| Free Cash Flow | $5.1B | -$690M | $6.8B | 834.4% | -25.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | -$1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $113M |
| General & Administrative | $3.7B |
| SG&A Expenses | $3.8B |
| Other Expenses | -$6.3B |
| Operating Expenses | -$2.5B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $4.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $559M |
| Net Income from Continuing Ops | $601M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $575M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $575M |
| D&A | $305M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $575M |
| Depreciation & Amortization | $305M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3.1B |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $5.5B |
| Capital Expenditure | -$398M |
| Acquisitions (Net) | $405M |
| Purchases of Investments | -$6.4B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $547M |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | -$626M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$277M |
| Other Financing Activities | $2.1B |
| NET CASH FROM FINANCING | -$287M |
| FREE CASH FLOW | $5.1B |
| Net Change in Cash | $604M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $48.1B |
| Net Receivables | $29.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81.1B |
| PP&E (Net) | $1.4B |
| Goodwill | $2.3B |
| Intangible Assets | $726M |
| Long-Term Investments | $69.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $87.6B |
| TOTAL NON-CURRENT ASSETS | $161.5B |
| TOTAL ASSETS | $242.6B |
| Account Payables | $0 |
| Short-Term Debt | $76.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $49.5B |
| TOTAL CURRENT LIABILITIES | $128.4B |
| Long-Term Debt | $9.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82.6B |
| TOTAL NON-CURRENT LIABILITIES | $92.1B |
| TOTAL LIABILITIES | $220.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $22.1B |
| TOTAL STOCKHOLDERS' EQUITY | $22.0B |
| Minority Interest | $111M |
| TOTAL EQUITY | $22.1B |
| TOTAL LIABILITIES & EQUITY | $242.6B |
| Total Debt | $85.6B |
| Net Debt | $82.2B |
