| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | — | $2.5B | — | -10.5% |
| Op. Income | $38M | — | -$863M | — | 104.4% |
| Gross Margin | 70.3% | — | 73.5% | — | -3.2pp |
| Net Margin | 58.6% | — | -49.1% | — | 107.8pp |
| EPS (Diluted) | $4.58 | — | $-3.49 | — | 231.2% |
| Free Cash Flow | $442M | — | $478M | — | -7.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $659M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $623M |
| Other Expenses | $818M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $38M |
| Interest Income | $3M |
| Interest Expense | $459M |
| Other Income/Expenses | -$438M |
| INCOME BEFORE TAX | -$400M |
| Income Tax Expense | -$1.7B |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $698M |
| EBIT | $199M |
| EBITDA | $897M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $698M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$1.8B |
| Other Non-Cash Items | $209M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $490M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $924M |
| NET CASH FROM INVESTING | $869M |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $442M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $964M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $1.1B |
| Other Current Assets | $944M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $1.4B |
| Goodwill | $15.6B |
| Intangible Assets | $16.0B |
| Long-Term Investments | $0 |
| Tax Assets | $166M |
| Other Non-Current Assets | $870M |
| TOTAL NON-CURRENT ASSETS | $34.0B |
| TOTAL ASSETS | $40.0B |
| Account Payables | $407M |
| Short-Term Debt | $925M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $994M |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $26.2B |
| Deferred Revenue NC | $659M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $29.8B |
| TOTAL LIABILITIES | $34.6B |
| Common Stock | $10.1B |
| Additional Paid-In Capital | $368M |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $95M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $40.0B |
| Total Debt | $27.1B |
| Net Debt | $26.2B |
