| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.4B | $11.6B | $12.6B | 15.2% | 6.6% |
| Op. Income | $1.8B | $1.7B | $1.5B | 4.1% | 20.9% |
| Gross Margin | 13.8% | 14.3% | 13.2% | -0.4pp | 0.6pp |
| Net Margin | 8.7% | 9.9% | 7.5% | -1.3pp | 1.2pp |
| EPS (Diluted) | $4.05 | $4.02 | $3.23 | 0.7% | 25.4% |
| Free Cash Flow | -$336M | $416M | $1.3B | -180.8% | -126.5% |
| Item | Amount |
|---|---|
| REVENUE | $13.4B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $165M |
| Other Income/Expenses | -$375M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $257M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $287M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $13.4B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $165M |
| Other Income/Expenses | -$375M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $257M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $287M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $287M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $229M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | -$72M |
| Capital Expenditure | -$264M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$243M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$310M |
| Common Dividends Paid | -$570M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$897M |
| FREE CASH FLOW | -$336M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $11.8B |
| Inventory | $3.0B |
| Other Current Assets | $522M |
| TOTAL CURRENT ASSETS | $16.5B |
| PP&E (Net) | $5.8B |
| Goodwill | $10.8B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $0 |
| Tax Assets | $3.1B |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $28.6B |
| TOTAL ASSETS | $45.1B |
| Account Payables | $2.7B |
| Short-Term Debt | $750M |
| Deferred Revenue | $6.4B |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $13.9B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17.3B |
| TOTAL NON-CURRENT LIABILITIES | $30.8B |
| TOTAL LIABILITIES | $44.6B |
| Common Stock | $283M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $416M |
| Minority Interest | $63M |
| TOTAL EQUITY | $479M |
| TOTAL LIABILITIES & EQUITY | $45.1B |
| Total Debt | $14.2B |
| Net Debt | $13.0B |
