| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $2.2B | -0.3% | 8.2% |
| Op. Income | $895M | $1.0B | $890M | -12.3% | 0.6% |
| Gross Margin | 41.8% | 46.8% | 44.8% | -5.0pp | -3.0pp |
| Net Margin | 27.6% | 31.6% | 26.7% | -4.1pp | 0.9pp |
| EPS (Diluted) | $0.85 | $0.97 | $0.73 | -12.1% | 16.0% |
| Free Cash Flow | $629M | $521M | $436M | 20.8% | 44.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $981M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$58M |
| SG&A Expenses | -$58M |
| Other Expenses | $143M |
| Operating Expenses | $86M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $895M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $865M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $647M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $647M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $647M |
| D&A | $236M |
| EBIT | $955M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $981M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$58M |
| SG&A Expenses | -$58M |
| Other Expenses | $143M |
| Operating Expenses | $86M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $895M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $865M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $647M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $647M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $647M |
| D&A | $236M |
| EBIT | $955M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $647M |
| Depreciation & Amortization | $236M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $106M |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $919M |
| Capital Expenditure | -$290M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$298M |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | -$379M |
| Common Dividends Paid | -$229M |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$581M |
| FREE CASH FLOW | $629M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $0 |
| Net Receivables | $660M |
| Inventory | $301M |
| Other Current Assets | $533M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $24.6B |
| Goodwill | -$46M |
| Intangible Assets | $200M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $822M |
| TOTAL NON-CURRENT ASSETS | $25.6B |
| TOTAL ASSETS | $27.3B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.2B |
| TOTAL NON-CURRENT LIABILITIES | $14.1B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $9.8B |
| Treasury Stock | -$83M |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $83M |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $27.3B |
| Total Debt | $8.0B |
| Net Debt | $7.8B |
