| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.4B | — | -5.2% | — |
| Op. Income | $419M | $470M | — | -10.9% | — |
| Gross Margin | 30.6% | 30.8% | — | -0.2pp | — |
| Net Margin | 4.6% | 4.3% | — | 0.3pp | — |
| EPS (Diluted) | $0.98 | $0.97 | — | 1.0% | — |
| Free Cash Flow | $135M | $688M | — | -80.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $419M |
| Interest Income | $0 |
| Interest Expense | $87M |
| Other Income/Expenses | -$87M |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $162M |
| EBIT | $419M |
| EBITDA | $581M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $419M |
| Interest Income | $0 |
| Interest Expense | $87M |
| Other Income/Expenses | -$87M |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $162M |
| EBIT | $419M |
| EBITDA | $581M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $233M |
| Depreciation & Amortization | $162M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | $311M |
| Capital Expenditure | -$176M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $118M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | $194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $930M |
| Short-Term Investments | $4M |
| Net Receivables | $0 |
| Inventory | $2.9B |
| Other Current Assets | $309M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $0 |
| Goodwill | $5.0B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.9B |
| TOTAL NON-CURRENT ASSETS | $11.9B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $9.3B |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $236M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $0 |
| Net Debt | -$930M |
