| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.2B | $4.4B | -2.8% | -7.0% |
| Op. Income | $367M | $631M | $650M | -41.8% | -43.5% |
| Gross Margin | 53.8% | 55.1% | 55.7% | -1.4pp | -1.9pp |
| Net Margin | 0.4% | 3.9% | 4.5% | -3.5pp | -4.0pp |
| EPS (Diluted) | $0.03 | $0.30 | $0.36 | -90.0% | -91.7% |
| Free Cash Flow | -$145M | $277M | $525M | -152.3% | -127.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $884M |
| Other Expenses | -$7M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $367M |
| Interest Income | $0 |
| Interest Expense | $320M |
| Other Income/Expenses | -$327M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $949M |
| EBIT | $360M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $884M |
| Other Expenses | -$7M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $367M |
| Interest Income | $0 |
| Interest Expense | $320M |
| Other Income/Expenses | -$327M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $949M |
| EBIT | $360M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $949M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$89M |
| Other Non-Cash Items | $183M |
| Change in Working Capital | -$397M |
| OPERATING CASH FLOW | $685M |
| Capital Expenditure | -$830M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | $638M |
| Net Debt Issuance | $5.1B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$294M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4.8B |
| FREE CASH FLOW | -$145M |
| Net Change in Cash | $6.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $144M |
| Other Current Assets | $307M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $17.6B |
| Goodwill | $19.6B |
| Intangible Assets | $4.0B |
| Long-Term Investments | -$3.2B |
| Tax Assets | $3.2B |
| Other Non-Current Assets | $10.8B |
| TOTAL NON-CURRENT ASSETS | $48.0B |
| TOTAL ASSETS | $50.9B |
| Account Payables | $944M |
| Short-Term Debt | $196M |
| Deferred Revenue | $644M |
| Other Current Liabilities | $573M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $24.9B |
| Deferred Revenue NC | -$3.2B |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $6.5B |
| TOTAL NON-CURRENT LIABILITIES | $34.6B |
| TOTAL LIABILITIES | $37.8B |
| Common Stock | $550M |
| Additional Paid-In Capital | $14.6B |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.1B |
| TOTAL LIABILITIES & EQUITY | $50.9B |
| Total Debt | $25.1B |
| Net Debt | $24.7B |
