| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.0B | $10.2B | $9.3B | -1.9% | 7.7% |
| Op. Income | $1.3B | $1.4B | $1.0B | -6.6% | 26.2% |
| Gross Margin | 58.0% | 57.3% | 57.3% | 0.7pp | 0.7pp |
| Net Margin | 5.5% | 5.7% | 3.9% | -0.2pp | 1.6pp |
| EPS (Diluted) | $0.63 | $0.66 | $0.42 | -4.5% | 50.0% |
| Free Cash Flow | $906M | -$5.3B | -$124M | 117.1% | 830.6% |
| Item | Amount |
|---|---|
| REVENUE | $10.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.1B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $2M |
| Interest Expense | $420M |
| Other Income/Expenses | -$417M |
| INCOME BEFORE TAX | $906M |
| Income Tax Expense | $356M |
| 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 | $1.4B |
| EBIT | $1.3B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.1B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.5B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $2M |
| Interest Expense | $420M |
| Other Income/Expenses | -$417M |
| INCOME BEFORE TAX | $906M |
| Income Tax Expense | $356M |
| 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 | $1.4B |
| EBIT | $1.3B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $550M |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $82M |
| Deferred Income Tax | $347M |
| Other Non-Cash Items | $257M |
| Change in Working Capital | -$290M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$325M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$349M |
| FREE CASH FLOW | $906M |
| Net Change in Cash | $558M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $739M |
| Short-Term Investments | $0 |
| Net Receivables | $3.9B |
| Inventory | $999M |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $21.6B |
| Goodwill | $1.7B |
| Intangible Assets | $35.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $60.5B |
| TOTAL ASSETS | $67.9B |
| Account Payables | $6.1B |
| Short-Term Debt | $558M |
| Deferred Revenue | $790M |
| Other Current Liabilities | $396M |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $13.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.5B |
| Other Non-Current Liabilities | $18.2B |
| TOTAL NON-CURRENT LIABILITIES | $39.5B |
| TOTAL LIABILITIES | $47.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $39.1B |
| Retained Earnings | -$18.8B |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.3B |
| TOTAL LIABILITIES & EQUITY | $67.9B |
| Total Debt | $16.3B |
| Net Debt | $15.6B |
