| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $2.3B | 5.2% | 4.9% |
| Op. Income | $401M | $392M | $376M | 2.3% | 6.6% |
| Gross Margin | 26.6% | 27.1% | 26.3% | -0.5pp | 0.2pp |
| Net Margin | 12.1% | 12.1% | 11.1% | -0.0pp | 1.0pp |
| EPS (Diluted) | $2.00 | $1.89 | $1.71 | 5.8% | 17.0% |
| Free Cash Flow | $285M | -$81M | $370M | 451.9% | -23.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $640M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $181M |
| Other Expenses | $0 |
| Operating Expenses | $239M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $401M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $359M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $294M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $292M |
| D&A | $147M |
| EBIT | $419M |
| EBITDA | $566M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $640M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $181M |
| Other Expenses | $0 |
| Operating Expenses | $239M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $401M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $359M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $294M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $292M |
| D&A | $147M |
| EBIT | $419M |
| EBITDA | $566M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $294M |
| Depreciation & Amortization | $147M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $431M |
| Capital Expenditure | -$146M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$260M |
| FREE CASH FLOW | $285M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.5B |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $5.4B |
| Goodwill | $4.5B |
| Intangible Assets | $2.4B |
| Long-Term Investments | -$1.3B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $359M |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $675M |
| Short-Term Debt | $212M |
| Deferred Revenue | $299M |
| Other Current Liabilities | $500M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$286M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $78M |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $6.9B |
| Net Debt | $6.7B |
