| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.9B | $22.2B | $22.8B | 7.6% | 4.9% |
| Op. Income | $3.3B | $2.9B | $3.1B | 14.4% | 8.8% |
| Gross Margin | 34.1% | 34.0% | 34.2% | 0.1pp | -0.1pp |
| Net Margin | 8.4% | 7.9% | 7.9% | 0.6pp | 0.5pp |
| EPS (Diluted) | $1.67 | $1.44 | $1.44 | 16.0% | 16.0% |
| Free Cash Flow | $4.1B | $1.4B | $3.3B | 195.8% | 24.0% |
| Item | Amount |
|---|---|
| REVENUE | $23.9B |
| Cost of Revenue | $15.7B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.4B |
| Other Expenses | $444M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $20.5B |
| OPERATING INCOME | $3.3B |
| Interest Income | $13M |
| Interest Expense | $254M |
| Other Income/Expenses | -$241M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $505M |
| EBIT | $3.3B |
| EBITDA | $3.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $23.9B |
| Cost of Revenue | $15.7B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.4B |
| Other Expenses | $444M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $20.5B |
| OPERATING INCOME | $3.3B |
| Interest Income | $13M |
| Interest Expense | $254M |
| Other Income/Expenses | -$241M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $505M |
| EBIT | $3.3B |
| EBITDA | $3.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $505M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $2.0B |
| OPERATING CASH FLOW | $4.6B |
| Capital Expenditure | -$458M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$445M |
| Net Debt Issuance | -$721M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $4.1B |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $13.6B |
| Other Current Assets | $558M |
| TOTAL CURRENT ASSETS | $19.9B |
| PP&E (Net) | $21.8B |
| Goodwill | $2.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $25.0B |
| TOTAL ASSETS | $44.9B |
| Account Payables | $9.1B |
| Short-Term Debt | $544M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16.4B |
| Long-Term Debt | $22.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $235M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $24.5B |
| TOTAL LIABILITIES | $41.0B |
| Common Stock | $89M |
| Additional Paid-In Capital | $9.8B |
| Retained Earnings | $36.5B |
| Treasury Stock | -$41.4B |
| Accum. Other Comp. Income | -$923M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $44.9B |
| Total Debt | $22.9B |
| Net Debt | $19.4B |
