| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.0B | $30.3B | — | -4.3% | — |
| Op. Income | $4.0B | $6.2B | — | -36.5% | — |
| Gross Margin | 27.8% | 26.2% | — | 1.6pp | — |
| Net Margin | 7.0% | 9.6% | — | -2.6pp | — |
| EPS (Diluted) | $1.76 | $2.40 | — | -26.7% | — |
| Free Cash Flow | -$7.0B | -$5.0B | — | -39.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $29.0B |
| Cost of Revenue | $21.0B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.3B |
| Other Expenses | -$227M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $25.1B |
| OPERATING INCOME | $4.0B |
| Interest Income | $0 |
| Interest Expense | $961M |
| Other Income/Expenses | -$1.9B |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | -$105M |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $1.1B |
| EBIT | $3.0B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $29.0B |
| Cost of Revenue | $21.0B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.3B |
| Other Expenses | -$227M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $25.1B |
| OPERATING INCOME | $4.0B |
| Interest Income | $0 |
| Interest Expense | $961M |
| Other Income/Expenses | -$1.9B |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | -$105M |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $1.1B |
| EBIT | $3.0B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $572M |
| Other Non-Cash Items | -$766M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | $962M |
| Capital Expenditure | -$5.1B |
| Acquisitions (Net) | $11.5B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $295M |
| NET CASH FROM INVESTING | $9.7B |
| Net Debt Issuance | -$50.3B |
| Common Stock Repurchased | -$3.7B |
| Common Dividends Paid | -$6.6B |
| Other Financing Activities | $63.5B |
| NET CASH FROM FINANCING | -$11.4B |
| FREE CASH FLOW | -$7.0B |
| Net Change in Cash | -$868M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52.5B |
| Short-Term Investments | $0 |
| Net Receivables | $43.4B |
| Inventory | $24.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $120.0B |
| PP&E (Net) | $51.5B |
| Goodwill | $70.0B |
| Intangible Assets | $16.8B |
| Long-Term Investments | $70.7B |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $57.3B |
| TOTAL NON-CURRENT ASSETS | $267.7B |
| TOTAL ASSETS | $387.7B |
| Account Payables | $13.1B |
| Short-Term Debt | $31.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.1B |
| TOTAL CURRENT LIABILITIES | $82.7B |
| Long-Term Debt | $117.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100.5B |
| TOTAL NON-CURRENT LIABILITIES | $218.4B |
| TOTAL LIABILITIES | $301.1B |
| Common Stock | $702M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $138.2B |
| Treasury Stock | -$79.8B |
| Accum. Other Comp. Income | $22.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81.9B |
| Minority Interest | $4.7B |
| TOTAL EQUITY | $86.6B |
| TOTAL LIABILITIES & EQUITY | $387.7B |
| Total Debt | $149.4B |
| Net Debt | $96.9B |
