| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.1B | $13.8B | $10.4B | -19.6% | 6.6% |
| Op. Income | $1.1B | $1.4B | $1.2B | -19.5% | -0.8% |
| Gross Margin | 10.4% | 9.8% | 10.6% | 0.6pp | -0.1pp |
| Net Margin | 6.9% | 7.2% | 7.7% | -0.3pp | -0.8pp |
| EPS (Diluted) | $2.61 | $3.35 | $2.58 | -22.1% | 1.2% |
| Free Cash Flow | $1.5B | $293M | $1.4B | 410.6% | 5.9% |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $9.9B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $9.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $155M |
| Other Income/Expenses | -$154M |
| INCOME BEFORE TAX | $995M |
| Income Tax Expense | $232M |
| Net Income from Continuing Ops | $763M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $763M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $763M |
| D&A | $285M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $9.9B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $9.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $155M |
| Other Income/Expenses | -$154M |
| INCOME BEFORE TAX | $995M |
| Income Tax Expense | $232M |
| Net Income from Continuing Ops | $763M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $763M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $763M |
| D&A | $285M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $763M |
| Depreciation & Amortization | $285M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $218M |
| Change in Working Capital | $356M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$170M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$166M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$544M |
| Other Financing Activities | -$77M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $379M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $8.9B |
| Inventory | $5.1B |
| Other Current Assets | $427M |
| TOTAL CURRENT ASSETS | $16.6B |
| PP&E (Net) | $5.5B |
| Goodwill | $10.8B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $0 |
| Tax Assets | $6.5B |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $32.3B |
| TOTAL ASSETS | $48.8B |
| Account Payables | $2.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $6.6B |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $14.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19.4B |
| TOTAL NON-CURRENT LIABILITIES | $33.7B |
| TOTAL LIABILITIES | $47.3B |
| Common Stock | $288M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $13.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $102M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $48.8B |
| Total Debt | $14.3B |
| Net Debt | $12.1B |
