| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.1B | $4.4B | -1.4% | -7.9% |
| Op. Income | $487M | $367M | $595M | 32.7% | -18.2% |
| Gross Margin | 52.2% | 53.8% | 54.5% | -1.6pp | -2.2pp |
| Net Margin | 2.3% | 0.4% | 3.5% | 1.9pp | -1.2pp |
| EPS (Diluted) | $0.17 | $0.03 | $0.28 | 466.7% | -39.3% |
| Free Cash Flow | $205M | -$145M | $165M | 241.4% | 24.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $710M |
| Other Expenses | $14M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $487M |
| Interest Income | $0 |
| Interest Expense | $362M |
| Other Income/Expenses | -$348M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $910M |
| EBIT | $501M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $710M |
| Other Expenses | $14M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $487M |
| Interest Income | $0 |
| Interest Expense | $362M |
| Other Income/Expenses | -$348M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $910M |
| EBIT | $501M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $910M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$117M |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | $147M |
| OPERATING CASH FLOW | $958M |
| Capital Expenditure | -$753M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$756M |
| Net Debt Issuance | -$104M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$291M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$395M |
| FREE CASH FLOW | $205M |
| Net Change in Cash | -$193M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $131M |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $17.6B |
| Goodwill | $19.6B |
| Intangible Assets | $3.8B |
| Long-Term Investments | -$3.1B |
| Tax Assets | $3.1B |
| Other Non-Current Assets | $10.6B |
| TOTAL NON-CURRENT ASSETS | $47.8B |
| TOTAL ASSETS | $50.5B |
| Account Payables | $939M |
| Short-Term Debt | $124M |
| Deferred Revenue | $642M |
| Other Current Liabilities | $690M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $24.9B |
| Deferred Revenue NC | -$3.1B |
| Deferred Tax Liabilities | $3.1B |
| Other Non-Current Liabilities | $6.3B |
| TOTAL NON-CURRENT LIABILITIES | $34.3B |
| TOTAL LIABILITIES | $37.6B |
| Common Stock | $550M |
| Additional Paid-In Capital | $14.4B |
| Retained Earnings | $34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.0B |
| TOTAL LIABILITIES & EQUITY | $50.5B |
| Total Debt | $25.0B |
| Net Debt | $24.8B |
