| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.5B | $8.2B | $8.3B | 3.9% | 2.7% |
| Op. Income | $361M | $248M | $355M | 45.6% | 1.7% |
| Gross Margin | 14.8% | 16.7% | 14.3% | -1.8pp | 0.6pp |
| Net Margin | -1.1% | 0.8% | 1.3% | -1.8pp | -2.4pp |
| EPS (Diluted) | $-0.03 | $0.02 | $0.04 | -241.7% | -181.0% |
| Free Cash Flow | $204M | $417M | $624M | -51.0% | -67.3% |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $490M |
| General & Administrative | $455M |
| SG&A Expenses | $945M |
| Other Expenses | -$42M |
| Operating Expenses | $903M |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $361M |
| Interest Income | $0 |
| Interest Expense | $187M |
| Other Income/Expenses | -$413M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $225M |
| EBIT | $354M |
| EBITDA | $579M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$90M |
| Depreciation & Amortization | $230M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $179M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $361M |
| Capital Expenditure | -$156M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $197M |
| NET CASH FROM INVESTING | $41M |
| Net Debt Issuance | -$943M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$938M |
| FREE CASH FLOW | $204M |
| Net Change in Cash | -$470M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $2.5B |
| Other Current Assets | $514M |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $6.9B |
| Goodwill | $4.5B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $14.5B |
| TOTAL ASSETS | $21.7B |
| Account Payables | $2.0B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $432M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $8.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $10.6B |
| TOTAL LIABILITIES | $16.5B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $454M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$354M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $369M |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $21.7B |
| Total Debt | $11.4B |
| Net Debt | $9.0B |
