| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.3B | $12.6B | $11.6B | -1.8% | 6.8% |
| Op. Income | $1.4B | $1.5B | $1.6B | -3.8% | -10.1% |
| Gross Margin | 13.0% | 13.2% | 12.0% | -0.2pp | 1.0pp |
| Net Margin | 7.6% | 7.5% | 20.7% | 0.1pp | -13.1pp |
| EPS (Diluted) | $3.24 | $3.23 | $7.93 | 0.3% | -59.1% |
| Free Cash Flow | $1.5B | $1.3B | $1.1B | 21.0% | 42.0% |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$77M |
| Operating Expenses | -$77M |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $162M |
| Other Income/Expenses | -$169M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $320M |
| Net Income from Continuing Ops | $939M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $939M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $939M |
| D&A | $299M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$77M |
| Operating Expenses | -$77M |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $162M |
| Other Income/Expenses | -$169M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $320M |
| Net Income from Continuing Ops | $939M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $939M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $939M |
| D&A | $299M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $939M |
| Depreciation & Amortization | $299M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $459M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$222M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$216M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$522M |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $489M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $0 |
| Net Receivables | $9.0B |
| Inventory | $4.8B |
| Other Current Assets | $443M |
| TOTAL CURRENT ASSETS | $17.2B |
| PP&E (Net) | $5.5B |
| Goodwill | $10.8B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $0 |
| Tax Assets | $6.0B |
| Other Non-Current Assets | $5.6B |
| TOTAL NON-CURRENT ASSETS | $31.7B |
| TOTAL ASSETS | $48.9B |
| Account Payables | $2.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $6.2B |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $13.1B |
| 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 | $46.8B |
| Common Stock | $285M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $13.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $77M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $48.9B |
| Total Debt | $14.3B |
| Net Debt | $11.3B |
