| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | — | -4.1% | — |
| Op. Income | $946M | $890M | — | 6.2% | — |
| Gross Margin | 48.0% | 44.8% | — | 3.2pp | — |
| Net Margin | 30.2% | 26.7% | — | 3.5pp | — |
| EPS (Diluted) | $0.80 | $0.73 | — | 10.0% | — |
| Free Cash Flow | $440M | $436M | — | 0.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $998M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $53M |
| Operating Expenses | $53M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $946M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $860M |
| Income Tax Expense | $233M |
| Net Income from Continuing Ops | $628M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $628M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $628M |
| D&A | $217M |
| EBIT | $945M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $998M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $53M |
| Operating Expenses | $53M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $946M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $860M |
| Income Tax Expense | $233M |
| Net Income from Continuing Ops | $628M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $628M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $628M |
| D&A | $217M |
| EBIT | $945M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $628M |
| Depreciation & Amortization | $217M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $125M |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $930M |
| Capital Expenditure | -$490M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$502M |
| Net Debt Issuance | $172M |
| Common Stock Repurchased | -$396M |
| Common Dividends Paid | -$213M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$459M |
| FREE CASH FLOW | $440M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $0 |
| Net Receivables | $584M |
| Inventory | $330M |
| Other Current Assets | $521M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $23.5B |
| Goodwill | -$47M |
| Intangible Assets | $214M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $24.8B |
| TOTAL ASSETS | $26.4B |
| Account Payables | $1.1B |
| Short-Term Debt | $906M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.9B |
| TOTAL NON-CURRENT LIABILITIES | $13.6B |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $267M |
| Retained Earnings | $9.3B |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $56M |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.8B |
| TOTAL LIABILITIES & EQUITY | $26.4B |
| Total Debt | $7.5B |
| Net Debt | $7.4B |
