| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.4B | $2.4B | 2.0% | 2.1% |
| Op. Income | $951M | $1.0B | $1.0B | -5.7% | -6.7% |
| Gross Margin | 43.3% | 45.2% | 46.8% | -2.0pp | -3.6pp |
| Net Margin | 79.5% | 29.7% | 31.6% | 49.7pp | 47.8pp |
| EPS (Diluted) | $2.54 | $0.93 | $0.96 | 174.0% | 163.6% |
| Free Cash Flow | $344M | $498M | $520M | -30.9% | -33.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $88M |
| Operating Expenses | $88M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $951M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $868M |
| Income Tax Expense | -$1.0B |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $231M |
| EBIT | $954M |
| EBITDA | $1.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $88M |
| Operating Expenses | $88M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $951M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $868M |
| Income Tax Expense | -$1.0B |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $231M |
| EBIT | $954M |
| EBITDA | $1.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $231M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$1.2B |
| Other Non-Cash Items | -$69M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $986M |
| Capital Expenditure | -$642M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$652M |
| Net Debt Issuance | $225M |
| Common Stock Repurchased | -$388M |
| Common Dividends Paid | -$224M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | -$363M |
| FREE CASH FLOW | $344M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $719M |
| Inventory | $310M |
| Other Current Assets | $520M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $25.0B |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $53M |
| Tax Assets | $0 |
| Other Non-Current Assets | $815M |
| TOTAL NON-CURRENT ASSETS | $25.9B |
| TOTAL ASSETS | $27.5B |
| Account Payables | $539M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $316M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $12.4B |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $2.6B |
| Additional Paid-In Capital | $317M |
| Retained Earnings | $11.4B |
| Treasury Stock | -$123M |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $123M |
| TOTAL STOCKHOLDERS' EQUITY | $12.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.2B |
| TOTAL LIABILITIES & EQUITY | $27.5B |
| Total Debt | $7.9B |
| Net Debt | $7.9B |
