| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.2B | — | 2.5% |
| Op. Income | $392M | — | $399M | — | -1.8% |
| Gross Margin | 27.1% | — | 28.4% | — | -1.3pp |
| Net Margin | 12.1% | — | 11.2% | — | 0.9pp |
| EPS (Diluted) | $1.89 | — | $1.69 | — | 11.8% |
| Free Cash Flow | -$81M | — | -$59M | — | -37.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $620M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $392M |
| Interest Income | $1M |
| Interest Expense | $61M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $279M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $145M |
| EBIT | $407M |
| EBITDA | $552M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $620M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $392M |
| Interest Income | $1M |
| Interest Expense | $61M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $279M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $145M |
| EBIT | $407M |
| EBITDA | $552M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $279M |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | -$120M |
| Change in Working Capital | -$283M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$133M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | $250M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$75M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $102M |
| FREE CASH FLOW | -$81M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.5B |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $5.3B |
| Goodwill | $4.5B |
| Intangible Assets | $2.4B |
| Long-Term Investments | -$1.3B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $351M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $668M |
| Short-Term Debt | $305M |
| Deferred Revenue | $274M |
| Other Current Liabilities | $466M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$306M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $76M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $6.9B |
| Net Debt | $6.7B |