| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.6B | — | -3.0% | — |
| Op. Income | $515M | $489M | — | 5.3% | — |
| Gross Margin | 36.4% | 35.7% | — | 0.6pp | — |
| Net Margin | 8.0% | 5.6% | — | 2.4pp | — |
| EPS (Diluted) | $0.21 | $0.15 | — | 40.0% | — |
| Free Cash Flow | $641M | $661M | — | -3.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14.2B |
| Other Expenses | -$25M |
| Operating Expenses | $735M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $515M |
| Interest Income | $5M |
| Interest Expense | $311M |
| Other Income/Expenses | -$174M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $332M |
| NET INCOME | $280M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $280M |
| D&A | $6M |
| EBIT | $620M |
| EBITDA | $620M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14.2B |
| Other Expenses | -$25M |
| Operating Expenses | $735M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $515M |
| Interest Income | $5M |
| Interest Expense | $311M |
| Other Income/Expenses | -$174M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $332M |
| NET INCOME | $280M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $280M |
| D&A | $6M |
| EBIT | $620M |
| EBITDA | $620M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $280M |
| Depreciation & Amortization | $215M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $349M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $815M |
| Capital Expenditure | -$174M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$206M |
| Net Debt Issuance | -$904M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $303M |
| NET CASH FROM FINANCING | -$601M |
| FREE CASH FLOW | $641M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $591M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $936M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $11.6B |
| Goodwill | $10.3B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $1.1B |
| Tax Assets | $899M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $25.9B |
| TOTAL ASSETS | $30.4B |
| Account Payables | $1.8B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $535M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $980M |
| TOTAL NON-CURRENT LIABILITIES | $16.2B |
| TOTAL LIABILITIES | $20.5B |
| Common Stock | $215M |
| Additional Paid-In Capital | $6.4B |
| Retained Earnings | $587M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $30.4B |
| Total Debt | $15.5B |
| Net Debt | $14.9B |
