| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | — | -4.6% | — |
| Op. Income | $337M | $380M | — | -11.3% | — |
| Gross Margin | 94.7% | 94.7% | — | 0.0pp | — |
| Net Margin | 6.9% | 7.8% | — | -0.9pp | — |
| EPS (Diluted) | $3.07 | $3.64 | — | -15.7% | — |
| Free Cash Flow | $425M | $226M | — | 88.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $153M |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$2.5B |
| Operating Expenses | $2.6B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $337M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$2.6B |
| INCOME BEFORE TAX | $288M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | -$337M |
| EBIT | $337M |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $153M |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$2.5B |
| Operating Expenses | $2.6B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $337M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$2.6B |
| INCOME BEFORE TAX | $288M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | -$337M |
| EBIT | $337M |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $199M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $216M |
| OPERATING CASH FLOW | $425M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$189M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $157M |
| NET CASH FROM FINANCING | $103M |
| FREE CASH FLOW | $425M |
| Net Change in Cash | $345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | -$49.3B |
| Goodwill | $0 |
| Intangible Assets | $3.4B |
| Long-Term Investments | $46.3B |
| Tax Assets | $3.1B |
| Other Non-Current Assets | $50.0B |
| TOTAL NON-CURRENT ASSETS | $53.5B |
| TOTAL ASSETS | $54.8B |
| Account Payables | $0 |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$300M |
| TOTAL CURRENT LIABILITIES | $300M |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $791.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $5.0B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $11.6B |
| Total Debt | $3.6B |
| Net Debt | $2.3B |
