| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | — | -3.1% | — |
| Op. Income | $180M | $421M | — | -57.3% | — |
| Gross Margin | 27.9% | 38.8% | — | -10.9pp | — |
| Net Margin | 0.6% | 11.0% | — | -10.4pp | — |
| EPS (Diluted) | $0.18 | $3.55 | — | -94.9% | — |
| Free Cash Flow | $703M | $555M | — | 26.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $511M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $299M |
| Operating Expenses | $331M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $180M |
| Interest Income | $0 |
| Interest Expense | $59M |
| Other Income/Expenses | -$118M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $127M |
| EBIT | $62M |
| EBITDA | $189M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $511M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $299M |
| Operating Expenses | $331M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $180M |
| Interest Income | $0 |
| Interest Expense | $59M |
| Other Income/Expenses | -$118M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $127M |
| EBIT | $62M |
| EBITDA | $189M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $26M |
| Other Non-Cash Items | $570M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $752M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $480M |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $480M |
| Other Investing Activities | -$2.7B |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $876M |
| Common Stock Repurchased | -$106M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $754M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $703M |
| Net Change in Cash | $359M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $16.4B |
| Inventory | $271M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $19.6B |
| PP&E (Net) | $586M |
| Goodwill | $3.8B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $515M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $25.5B |
| Account Payables | $568M |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $788M |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $143M |
| Deferred Tax Liabilities | $335M |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $14.6B |
| TOTAL LIABILITIES | $23.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $3.5B |
| Treasury Stock | -$4.7B |
| Accum. Other Comp. Income | -$151M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $25.5B |
| Total Debt | $12.6B |
| Net Debt | $10.7B |
