| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.3B | $7.9B | — | 5.2% | — |
| Op. Income | $985M | $926M | — | 6.4% | — |
| Gross Margin | 29.5% | 29.4% | — | 0.1pp | — |
| Net Margin | 6.6% | 7.1% | — | -0.5pp | — |
| EPS (Diluted) | $0.42 | $0.42 | — | 0.0% | — |
| Free Cash Flow | $671M | $496M | — | 35.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $985M |
| Interest Income | $4M |
| Interest Expense | $17M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $890M |
| Income Tax Expense | $340M |
| Net Income from Continuing Ops | $550M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $550M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $550M |
| D&A | $168M |
| EBIT | $907M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $985M |
| Interest Income | $4M |
| Interest Expense | $17M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $890M |
| Income Tax Expense | $340M |
| Net Income from Continuing Ops | $550M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $550M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $550M |
| D&A | $168M |
| EBIT | $907M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $550M |
| Depreciation & Amortization | $168M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $74M |
| Change in Working Capital | $105M |
| OPERATING CASH FLOW | $930M |
| Capital Expenditure | -$259M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$154M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | $56.0K |
| NET CASH FROM INVESTING | -$304M |
| Net Debt Issuance | $557M |
| Common Stock Repurchased | -$419M |
| Common Dividends Paid | -$170M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $671M |
| Net Change in Cash | $572M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $451M |
| Net Receivables | $322M |
| Inventory | $4.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $4.3B |
| Goodwill | $322M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $258M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $2.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $317M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $652M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$802M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $2.2B |
| Net Debt | -$149M |
