| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.2B | $4.0B | 0.2% | 5.4% |
| Op. Income | $1.0B | $1.0B | $1.0B | 0.4% | 1.8% |
| Gross Margin | 51.1% | 50.5% | 50.2% | 0.6pp | 0.8pp |
| Net Margin | 14.6% | 14.0% | 14.5% | 0.6pp | 0.1pp |
| EPS (Diluted) | $0.66 | $0.62 | $0.64 | 5.9% | 3.4% |
| Free Cash Flow | $872M | $813M | $707M | 7.3% | 23.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$1.0B |
| Other Expenses | $2.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $190M |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | $803M |
| Income Tax Expense | $182M |
| Net Income from Continuing Ops | $621M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $609M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587M |
| D&A | $707M |
| EBIT | $993M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$1.0B |
| Other Expenses | $2.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $190M |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | $803M |
| Income Tax Expense | $182M |
| Net Income from Continuing Ops | $621M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $609M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587M |
| D&A | $707M |
| EBIT | $993M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $609M |
| Depreciation & Amortization | $711M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $173M |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | $197M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$760M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$787M |
| Net Debt Issuance | $726M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$472M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | $194M |
| FREE CASH FLOW | $872M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $319M |
| Other Current Assets | $116M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $17.4B |
| Goodwill | $7.6B |
| Intangible Assets | $9.9B |
| Long-Term Investments | $605M |
| Tax Assets | $136M |
| Other Non-Current Assets | $692M |
| TOTAL NON-CURRENT ASSETS | $36.3B |
| TOTAL ASSETS | $40.6B |
| Account Payables | $3.3B |
| Short-Term Debt | $4.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.3B |
| TOTAL NON-CURRENT LIABILITIES | $17.7B |
| TOTAL LIABILITIES | $26.3B |
| Common Stock | $14.7B |
| Additional Paid-In Capital | $845M |
| Retained Earnings | -$4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.1B |
| Minority Interest | $238M |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $40.6B |
| Total Debt | $17.9B |
| Net Debt | $16.5B |
