| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.1B | $23.9B | $26.5B | 17.7% | 6.2% |
| Op. Income | $4.5B | $3.3B | $4.1B | 33.3% | 8.8% |
| Gross Margin | 33.7% | 34.1% | 33.7% | -0.5pp | -0.1pp |
| Net Margin | 9.5% | 8.4% | 9.2% | 1.1pp | 0.3pp |
| EPS (Diluted) | $2.25 | $1.67 | $1.97 | 34.7% | 14.2% |
| Free Cash Flow | $2.9B | $4.1B | $2.9B | -29.1% | 1.4% |
| Item | Amount |
|---|---|
| REVENUE | $28.1B |
| Cost of Revenue | $18.6B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.5B |
| Other Expenses | $449M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $23.6B |
| OPERATING INCOME | $4.5B |
| Interest Income | $16M |
| Interest Expense | $265M |
| Other Income/Expenses | -$249M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $510M |
| EBIT | $4.5B |
| EBITDA | $5.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $28.1B |
| Cost of Revenue | $18.6B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.5B |
| Other Expenses | $449M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $23.6B |
| OPERATING INCOME | $4.5B |
| Interest Income | $16M |
| Interest Expense | $265M |
| Other Income/Expenses | -$249M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $510M |
| EBIT | $4.5B |
| EBITDA | $5.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $510M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$388M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$258M |
| NET CASH FROM INVESTING | -$646M |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | -$2.6B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $12.9B |
| Other Current Assets | $626M |
| TOTAL CURRENT ASSETS | $20.5B |
| PP&E (Net) | $22.0B |
| Goodwill | $2.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $25.4B |
| TOTAL ASSETS | $46.0B |
| Account Payables | $8.5B |
| Short-Term Debt | $545M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15.8B |
| Long-Term Debt | $24.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $237M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $26.6B |
| TOTAL LIABILITIES | $42.4B |
| Common Stock | $89M |
| Additional Paid-In Capital | $10.0B |
| Retained Earnings | $38.1B |
| Treasury Stock | -$44.1B |
| Accum. Other Comp. Income | -$482M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $46.0B |
| Total Debt | $25.0B |
| Net Debt | $20.1B |
