| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.3B | $4.4B | -1.9% | -4.4% |
| Op. Income | $631M | $392M | $694M | 61.0% | -9.1% |
| Gross Margin | 55.1% | 55.0% | 56.8% | 0.1pp | -1.7pp |
| Net Margin | 3.9% | 1.0% | 5.4% | 2.9pp | -1.5pp |
| EPS (Diluted) | $0.30 | $0.08 | $0.44 | 275.0% | -31.8% |
| Free Cash Flow | $277M | $125M | $812M | 121.6% | -65.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $810M |
| Other Expenses | -$6M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $631M |
| Interest Income | $0 |
| Interest Expense | $318M |
| Other Income/Expenses | -$324M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $880M |
| EBIT | $625M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $810M |
| Other Expenses | -$6M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $631M |
| Interest Income | $0 |
| Interest Expense | $318M |
| Other Income/Expenses | -$324M |
| INCOME BEFORE TAX | $307M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $880M |
| EBIT | $625M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $880M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$37M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$780M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $48M |
| NET CASH FROM INVESTING | -$732M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$296M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$333M |
| FREE CASH FLOW | $277M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $138M |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $17.0B |
| Goodwill | $19.6B |
| Intangible Assets | $4.1B |
| Long-Term Investments | -$3.5B |
| Tax Assets | $3.5B |
| Other Non-Current Assets | $5.0B |
| TOTAL NON-CURRENT ASSETS | $41.6B |
| TOTAL ASSETS | $46.6B |
| Account Payables | $994M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $656M |
| Other Current Liabilities | $997M |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $18.2B |
| Deferred Revenue NC | -$3.5B |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $6.6B |
| TOTAL NON-CURRENT LIABILITIES | $28.2B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $549M |
| Additional Paid-In Capital | $14.7B |
| Retained Earnings | $110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.3B |
| TOTAL LIABILITIES & EQUITY | $46.6B |
| Total Debt | $19.7B |
| Net Debt | $19.5B |
