| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.7B | — | 1.9% | — |
| Op. Income | $497M | $588M | — | -15.5% | — |
| Gross Margin | 43.6% | 44.9% | — | -1.4pp | — |
| Net Margin | 12.5% | 15.0% | — | -2.5pp | — |
| EPS (Diluted) | $20.92 | $24.63 | — | -15.1% | — |
| Free Cash Flow | $412M | $355M | — | 16.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $291M |
| SG&A Expenses | $291M |
| Other Expenses | $0 |
| Operating Expenses | $313M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $497M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$63.0K |
| INCOME BEFORE TAX | $454M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $340M |
| NET INCOME | $339M |
| Net Income Deductions | $340M |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $284M |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | $21 |
| EPS Diluted | $21 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $291M |
| SG&A Expenses | $291M |
| Other Expenses | $0 |
| Operating Expenses | $313M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $497M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$63.0K |
| INCOME BEFORE TAX | $454M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $340M |
| NET INCOME | $339M |
| Net Income Deductions | $340M |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $284M |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | $21 |
| EPS Diluted | $21 |
| Item | Amount |
|---|---|
| Net Income | $339M |
| Depreciation & Amortization | $284M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | $94M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $788M |
| Capital Expenditure | -$376M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $83M |
| NET CASH FROM INVESTING | -$363M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$214M |
| Other Financing Activities | -$148M |
| NET CASH FROM FINANCING | -$362M |
| FREE CASH FLOW | $412M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $627M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $538M |
| Other Current Assets | $398M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $11.6B |
| Goodwill | $3.2B |
| Intangible Assets | $595M |
| Long-Term Investments | $39M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $16.6B |
| TOTAL ASSETS | $19.9B |
| Account Payables | $2M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $9.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $11.8B |
| TOTAL LIABILITIES | $16M |
| Common Stock | $4M |
| Additional Paid-In Capital | $305M |
| Retained Earnings | $12.7B |
| Treasury Stock | -$241.0K |
| Accum. Other Comp. Income | -$36.0K |
| Other Equity | -$13.0B |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $9.2B |
| Net Debt | $8.6B |
