| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | $1.2B | 0.8% | 112.0% |
| Op. Income | $812M | $844M | $516M | -3.8% | 57.4% |
| Gross Margin | 70.5% | 74.1% | 38.3% | -3.6pp | 32.2pp |
| Net Margin | 24.3% | 27.0% | 32.4% | -2.7pp | -8.1pp |
| EPS (Diluted) | $1.53 | $1.69 | $0.99 | -9.2% | 55.0% |
| Free Cash Flow | -$5.6B | -$6.0B | -$2.4B | 7.4% | -136.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $885M |
| SG&A Expenses | $885M |
| Other Expenses | $66M |
| Operating Expenses | $951M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $812M |
| Interest Income | $2.0B |
| Interest Expense | $622M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $812M |
| Income Tax Expense | $204M |
| Net Income from Continuing Ops | $607M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $607M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $607M |
| D&A | $0 |
| EBIT | $812M |
| EBITDA | $812M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $885M |
| SG&A Expenses | $885M |
| Other Expenses | $66M |
| Operating Expenses | $951M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $812M |
| Interest Income | $2.0B |
| Interest Expense | $622M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $812M |
| Income Tax Expense | $204M |
| Net Income from Continuing Ops | $607M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $607M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $607M |
| D&A | $0 |
| EBIT | $812M |
| EBITDA | $812M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $607M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $372M |
| Change in Working Capital | -$6.6B |
| OPERATING CASH FLOW | -$5.5B |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $325M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $3.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $677 |
| Other Financing Activities | $4.9B |
| NET CASH FROM FINANCING | $8.4B |
| FREE CASH FLOW | -$5.6B |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.5B |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.6B |
| PP&E (Net) | $2.8B |
| Goodwill | $0 |
| Intangible Assets | $2.0B |
| Long-Term Investments | $261.0B |
| Tax Assets | $3M |
| Other Non-Current Assets | $11.5B |
| TOTAL NON-CURRENT ASSETS | $277.3B |
| TOTAL ASSETS | $292.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $179.3B |
| TOTAL CURRENT LIABILITIES | $179.3B |
| Long-Term Debt | $48.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $387M |
| Other Non-Current Liabilities | $41.5B |
| TOTAL NON-CURRENT LIABILITIES | $90.8B |
| TOTAL LIABILITIES | $270.1B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.6B |
| Retained Earnings | $9.8B |
| Treasury Stock | -$431M |
| Accum. Other Comp. Income | $441M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.8B |
| Minority Interest | $4M |
| TOTAL EQUITY | $22.8B |
| TOTAL LIABILITIES & EQUITY | $292.9B |
| Total Debt | $48.9B |
| Net Debt | $33.4B |
