| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.8B | $6.0B | -7.2% | -11.4% |
| Op. Income | $2.1B | $3.1B | $2.0B | -30.4% | 8.9% |
| Gross Margin | 49.9% | 49.0% | 42.4% | 1.0pp | 7.5pp |
| Net Margin | 13.1% | 32.7% | 19.8% | -19.7pp | -6.7pp |
| EPS (Diluted) | $0.87 | $2.32 | $1.44 | -62.5% | -39.6% |
| Free Cash Flow | $469M | $1.3B | $143M | -63.0% | 227.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $618M |
| Other Expenses | -$96M |
| Operating Expenses | $521M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.1B |
| Interest Income | $600.0K |
| Interest Expense | $235M |
| Other Income/Expenses | -$259M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $699M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $699M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $699M |
| D&A | $343M |
| EBIT | $2.1B |
| EBITDA | $2.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $618M |
| Other Expenses | -$96M |
| Operating Expenses | $521M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.1B |
| Interest Income | $600.0K |
| Interest Expense | $235M |
| Other Income/Expenses | -$259M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $699M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $699M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $699M |
| D&A | $343M |
| EBIT | $2.1B |
| EBITDA | $2.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $699M |
| Depreciation & Amortization | $343M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$412M |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | -$582M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$640M |
| Acquisitions (Net) | $85M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$604M |
| Net Debt Issuance | $739M |
| Common Stock Repurchased | -$748M |
| Common Dividends Paid | -$802M |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | -$747M |
| FREE CASH FLOW | $469M |
| Net Change in Cash | -$207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $59M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $22.4B |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $28.5B |
| TOTAL ASSETS | $33.8B |
| Account Payables | $925M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $29.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $34.2B |
| TOTAL LIABILITIES | $37.1B |
| Common Stock | $17M |
| Additional Paid-In Capital | $7.1B |
| Retained Earnings | $48.3B |
| Treasury Stock | -$56.5B |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.3B |
| TOTAL LIABILITIES & EQUITY | $33.8B |
| Total Debt | $29.5B |
| Net Debt | $27.1B |
