| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.5B | $3.3B | 2.2% | 8.2% |
| Op. Income | $533M | $475M | $414M | 12.2% | 28.7% |
| Gross Margin | 17.1% | 15.7% | 14.6% | 1.4pp | 2.5pp |
| Net Margin | 11.5% | 12.4% | 9.8% | -0.9pp | 1.7pp |
| EPS (Diluted) | $1.81 | $1.89 | $1.35 | -4.2% | 34.1% |
| Free Cash Flow | $93M | $109M | $238M | -14.7% | -60.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $610M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $77M |
| Operating Expenses | $77M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $533M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $533M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $411M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $411M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $411M |
| D&A | $0 |
| EBIT | $596M |
| EBITDA | $596M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $610M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $77M |
| Operating Expenses | $77M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $533M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $533M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $411M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $411M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $411M |
| D&A | $0 |
| EBIT | $596M |
| EBITDA | $596M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $411M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $161M |
| Change in Working Capital | -$479M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$505M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$67M |
| Other Financing Activities | $718M |
| NET CASH FROM FINANCING | $467M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $93.3B |
| Net Receivables | $5.6B |
| Inventory | $0 |
| Other Current Assets | $12.8B |
| TOTAL CURRENT ASSETS | $113.7B |
| PP&E (Net) | $0 |
| Goodwill | $2.3B |
| Intangible Assets | $8.6B |
| Long-Term Investments | $95.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $60.7B |
| TOTAL NON-CURRENT ASSETS | $158.0B |
| TOTAL ASSETS | $271.7B |
| Account Payables | $0 |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$5.4B |
| TOTAL CURRENT LIABILITIES | $250.8B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $250.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $255.7B |
| Common Stock | $5.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.0B |
| TOTAL LIABILITIES & EQUITY | $271.7B |
| Total Debt | $5.4B |
| Net Debt | $3.4B |
