| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.4B | — | -4.6% | — |
| Op. Income | $695M | $1.3B | — | -45.5% | — |
| Gross Margin | 26.3% | 35.2% | — | -8.9pp | — |
| Net Margin | 7.6% | 15.2% | — | -7.7pp | — |
| EPS (Diluted) | $0.62 | $1.28 | — | -51.6% | — |
| Free Cash Flow | $359M | $624M | — | -42.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $658M |
| Operating Expenses | $658M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $695M |
| Interest Income | $6M |
| Interest Expense | $19M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $618M |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $388M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $315M |
| EBIT | $637M |
| EBITDA | $952M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $658M |
| Operating Expenses | $658M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $695M |
| Interest Income | $6M |
| Interest Expense | $19M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $618M |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $388M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $315M |
| EBIT | $637M |
| EBITDA | $952M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $388M |
| Depreciation & Amortization | $315M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $315M |
| Other Non-Cash Items | $71M |
| Change in Working Capital | -$166M |
| OPERATING CASH FLOW | $856M |
| Capital Expenditure | -$497M |
| Acquisitions (Net) | -$464M |
| Purchases of Investments | -$641M |
| Sales/Maturities of Investments | $549M |
| Other Investing Activities | $469M |
| NET CASH FROM INVESTING | -$584M |
| Net Debt Issuance | -$68M |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | -$346M |
| FREE CASH FLOW | $359M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.5B |
| Net Receivables | $848M |
| Inventory | $331M |
| Other Current Assets | $214M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $16.5B |
| Goodwill | $970M |
| Intangible Assets | $430M |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $225M |
| TOTAL NON-CURRENT ASSETS | $18.2B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $148M |
| Short-Term Debt | $972M |
| Deferred Revenue | $3.7B |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $7.2B |
| TOTAL LIABILITIES | $15.0B |
| Common Stock | $808M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $11.0B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | -$499M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $3.3B |
| Net Debt | $1.3B |
