| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.7B | $3.5B | -4.1% | 0.1% |
| Op. Income | $424M | $478M | $515M | -11.2% | -17.6% |
| Gross Margin | 35.8% | 34.8% | 36.4% | 1.0pp | -0.6pp |
| Net Margin | 8.2% | 8.1% | 8.0% | 0.1pp | 0.2pp |
| EPS (Diluted) | $0.18 | $0.21 | $0.21 | -14.3% | -14.3% |
| Free Cash Flow | $577M | $495M | $641M | 16.6% | -10.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16.5B |
| Other Expenses | $0 |
| Operating Expenses | $764M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $424M |
| Interest Income | $4M |
| Interest Expense | $261M |
| Other Income/Expenses | -$202M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | $316M |
| Net Income from Discontinued Ops | -$67M |
| Other Adjustments | $498M |
| NET INCOME | $287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $287M |
| D&A | $0 |
| EBIT | $550M |
| EBITDA | $424M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16.5B |
| Other Expenses | $0 |
| Operating Expenses | $764M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $424M |
| Interest Income | $4M |
| Interest Expense | $261M |
| Other Income/Expenses | -$202M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | $316M |
| Net Income from Discontinued Ops | -$67M |
| Other Adjustments | $498M |
| NET INCOME | $287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $287M |
| D&A | $0 |
| EBIT | $550M |
| EBITDA | $424M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $286M |
| Depreciation & Amortization | $205M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $66M |
| Change in Working Capital | $147M |
| OPERATING CASH FLOW | $703M |
| Capital Expenditure | -$127M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $147M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$481M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$208M |
| NET CASH FROM FINANCING | -$689M |
| FREE CASH FLOW | $577M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $452M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $996M |
| Other Current Assets | $262M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $11.9B |
| Goodwill | $10.0B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $717M |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $25.7B |
| TOTAL ASSETS | $29.3B |
| Account Payables | $2.1B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $671M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $11.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $989M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $13.4B |
| TOTAL LIABILITIES | $18.3B |
| Common Stock | $7M |
| Additional Paid-In Capital | $7.9B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $265M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.5B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $29.3B |
| Total Debt | $13.1B |
| Net Debt | $12.6B |
