| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.9B | — | -1.8% | — |
| Op. Income | $324M | $507M | — | -36.1% | — |
| Gross Margin | 23.9% | 28.3% | — | -4.4pp | — |
| Net Margin | 4.5% | 11.5% | — | -7.0pp | — |
| EPS (Diluted) | $0.73 | $1.88 | — | -61.2% | — |
| Free Cash Flow | -$386M | $10M | — | -3960.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $686M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $370M |
| Operating Expenses | $406M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $324M |
| Interest Income | $0 |
| Interest Expense | $128M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $130M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $22M |
| EBIT | $283M |
| EBITDA | $346M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $686M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $370M |
| Operating Expenses | $406M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $324M |
| Interest Income | $0 |
| Interest Expense | $128M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $130M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $22M |
| EBIT | $283M |
| EBITDA | $346M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | $350M |
| Change in Working Capital | -$221M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$703M |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $904M |
| Common Stock Repurchased | $50M |
| Common Dividends Paid | -$138M |
| Other Financing Activities | $828M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | -$386M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $772M |
| Other Current Assets | $376M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $19.7B |
| Goodwill | $2.3B |
| Intangible Assets | $842M |
| Long-Term Investments | $953M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $29.3B |
| TOTAL ASSETS | $32.0B |
| Account Payables | $1.1B |
| Short-Term Debt | $508M |
| Deferred Revenue | $4.2B |
| Other Current Liabilities | $749M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $11.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $20.1B |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$133M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $488M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $32.0B |
| Total Debt | $11.8B |
| Net Debt | $11.7B |
