| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | — | $2.4B | — | -11.1% |
| Op. Income | $211M | — | $66M | — | 218.7% |
| Gross Margin | 71.7% | — | 74.6% | — | -2.9pp |
| Net Margin | 29.8% | — | -15.8% | — | 45.5pp |
| EPS (Diluted) | $2.39 | — | $-1.08 | — | 321.3% |
| Free Cash Flow | $785M | — | $489M | — | 60.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $596M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $100M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $661M |
| Other Expenses | $541M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $211M |
| Interest Income | $3M |
| Interest Expense | $474M |
| Other Income/Expenses | -$506M |
| INCOME BEFORE TAX | -$295M |
| Income Tax Expense | -$924M |
| Net Income from Continuing Ops | $629M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $628M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $628M |
| D&A | $674M |
| EBIT | $120M |
| EBITDA | $794M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $629M |
| Depreciation & Amortization | $674M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$954M |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $592M |
| OPERATING CASH FLOW | $954M |
| Capital Expenditure | -$169M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $785M |
| Net Change in Cash | $668M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $1.1B |
| Other Current Assets | $240M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $1.3B |
| Goodwill | $15.8B |
| Intangible Assets | $18.2B |
| Long-Term Investments | $0 |
| Tax Assets | $142M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $37.0B |
| TOTAL ASSETS | $42.3B |
| Account Payables | $368M |
| Short-Term Debt | $353M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $28.2B |
| Deferred Revenue NC | $245M |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $34.1B |
| TOTAL LIABILITIES | $38.3B |
| Common Stock | $10.0B |
| Additional Paid-In Capital | $374M |
| Retained Earnings | -$4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $101M |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $42.3B |
| Total Debt | $28.6B |
| Net Debt | $27.3B |
