| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.0B | $28.1B | $23.2B | -11.0% | 8.1% |
| Op. Income | $3.7B | $4.5B | $3.3B | -17.5% | 10.8% |
| Gross Margin | 34.6% | 33.7% | 34.7% | 0.9pp | -0.2pp |
| Net Margin | 8.7% | 9.5% | 8.5% | -0.9pp | 0.1pp |
| EPS (Diluted) | $1.84 | $2.25 | $1.60 | -18.2% | 15.0% |
| Free Cash Flow | $1.4B | $2.9B | $594M | -52.9% | 130.8% |
| Item | Amount |
|---|---|
| REVENUE | $25.0B |
| Cost of Revenue | $16.4B |
| GROSS PROFIT | $8.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.5B |
| Other Expenses | $454M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $21.3B |
| OPERATING INCOME | $3.7B |
| Interest Income | $22M |
| Interest Expense | $269M |
| Other Income/Expenses | -$247M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $518M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $25.0B |
| Cost of Revenue | $16.4B |
| GROSS PROFIT | $8.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.5B |
| Other Expenses | $454M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $21.3B |
| OPERATING INCOME | $3.7B |
| Interest Income | $22M |
| Interest Expense | $269M |
| Other Income/Expenses | -$247M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $518M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $518M |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$870M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$508M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$485M |
| Net Debt Issuance | $609M |
| Common Stock Repurchased | -$2.1B |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$2.6B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $13.4B |
| Other Current Assets | $548M |
| TOTAL CURRENT ASSETS | $19.7B |
| 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 | $25.3B |
| TOTAL ASSETS | $45.0B |
| Account Payables | $8.6B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16.0B |
| Long-Term Debt | $24.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $244M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $26.5B |
| TOTAL LIABILITIES | $42.5B |
| Common Stock | $89M |
| Additional Paid-In Capital | $9.9B |
| Retained Earnings | $39.2B |
| Treasury Stock | -$46.0B |
| Accum. Other Comp. Income | -$629M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $45.0B |
| Total Debt | $25.6B |
| Net Debt | $22.0B |
