| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $9.2B | — | 0.3% | — |
| Op. Income | $982M | $586M | — | 67.6% | — |
| Gross Margin | 16.2% | 11.9% | — | 4.3pp | — |
| Net Margin | 6.5% | 4.3% | — | 2.2pp | — |
| EPS (Diluted) | $1.59 | $1.05 | — | 51.4% | — |
| Free Cash Flow | $934M | $663M | — | 40.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $501M |
| Other Expenses | $0 |
| Operating Expenses | $501M |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $982M |
| Interest Income | $2M |
| Interest Expense | $58M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $912M |
| Income Tax Expense | $318M |
| Net Income from Continuing Ops | $594M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $593M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $593M |
| D&A | $177M |
| EBIT | $970M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $501M |
| Other Expenses | $0 |
| Operating Expenses | $501M |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $982M |
| Interest Income | $2M |
| Interest Expense | $58M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $912M |
| Income Tax Expense | $318M |
| Net Income from Continuing Ops | $594M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $593M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $593M |
| D&A | $177M |
| EBIT | $970M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $594M |
| Depreciation & Amortization | $177M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $360M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$200M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$214M |
| Net Debt Issuance | -$320M |
| Common Stock Repurchased | -$576M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | -$957M |
| FREE CASH FLOW | $934M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $2.8B |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $5.2B |
| Goodwill | $6.7B |
| Intangible Assets | $5.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $576M |
| TOTAL NON-CURRENT ASSETS | $17.5B |
| TOTAL ASSETS | $22.3B |
| Account Payables | $1.6B |
| Short-Term Debt | $66M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $442M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $9.7B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $44M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $8.8B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $17M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $22.3B |
| Total Debt | $6.0B |
| Net Debt | $5.7B |
