| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.5B | $8.4B | $7.4B | 1.3% | 15.6% |
| Op. Income | $1.3B | $1.6B | $1.2B | -15.5% | 6.6% |
| Gross Margin | 18.5% | 21.4% | 19.9% | -2.9pp | -1.3pp |
| Net Margin | 12.4% | 13.5% | 12.9% | -1.0pp | -0.5pp |
| EPS (Diluted) | $2.67 | $2.81 | $2.30 | -5.0% | 16.1% |
| Free Cash Flow | $1.2B | $1.2B | $746M | -4.1% | 56.6% |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $218M |
| Other Expenses | $0 |
| Operating Expenses | $245M |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $5M |
| Interest Expense | $94M |
| Other Income/Expenses | $106M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $380M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $294M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $218M |
| Other Expenses | $0 |
| Operating Expenses | $245M |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $5M |
| Interest Expense | $94M |
| Other Income/Expenses | $106M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $380M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $294M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $294M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $84M |
| Other Non-Cash Items | -$201M |
| Change in Working Capital | $235M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$318M |
| Acquisitions (Net) | $155M |
| Purchases of Investments | -$658M |
| Sales/Maturities of Investments | $621M |
| Other Investing Activities | $118M |
| NET CASH FROM INVESTING | -$200M |
| Net Debt Issuance | -$178M |
| Common Stock Repurchased | -$296M |
| Common Dividends Paid | -$356M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$832M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $471M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $1.3B |
| Net Receivables | $3.3B |
| Inventory | $4.2B |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $11.1B |
| PP&E (Net) | $10.7B |
| Goodwill | $570M |
| Intangible Assets | $480M |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $303M |
| TOTAL NON-CURRENT ASSETS | $14.2B |
| TOTAL ASSETS | $25.2B |
| Account Payables | $2.1B |
| Short-Term Debt | $384M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $13.3B |
| TOTAL LIABILITIES | $17.9B |
| Common Stock | $31M |
| Additional Paid-In Capital | $10.2B |
| Retained Earnings | $14.2B |
| Treasury Stock | -$15.8B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.3B |
| Minority Interest | $1M |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $25.2B |
| Total Debt | $8.9B |
| Net Debt | $7.7B |