| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.1B | $9.8B | $9.8B | 2.8% | 2.0% |
| Op. Income | $797M | $494M | $697M | 61.3% | 14.3% |
| Gross Margin | 12.9% | 10.4% | 12.2% | 2.5pp | 0.7pp |
| Net Margin | 5.4% | 3.2% | 4.5% | 2.2pp | 0.8pp |
| EPS (Diluted) | $1.47 | $0.85 | $1.21 | 72.9% | 21.5% |
| Free Cash Flow | $457M | -$250M | $152M | 282.8% | 200.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.1B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $502M |
| Other Expenses | $0 |
| Operating Expenses | $502M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $797M |
| Interest Income | $2M |
| Interest Expense | $89M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $723M |
| Income Tax Expense | $181M |
| Net Income from Continuing Ops | $542M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $541M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $541M |
| D&A | $238M |
| EBIT | $812M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.1B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $502M |
| Other Expenses | $0 |
| Operating Expenses | $502M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $797M |
| Interest Income | $2M |
| Interest Expense | $89M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $723M |
| Income Tax Expense | $181M |
| Net Income from Continuing Ops | $542M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $541M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $541M |
| D&A | $238M |
| EBIT | $812M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $542M |
| Depreciation & Amortization | $238M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $785M |
| Capital Expenditure | -$328M |
| Acquisitions (Net) | -$382M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$737M |
| Net Debt Issuance | $158M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$108M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $457M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $3.4B |
| Other Current Assets | $845M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $5.9B |
| Goodwill | $9.5B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $733M |
| TOTAL NON-CURRENT ASSETS | $22.6B |
| TOTAL ASSETS | $28.6B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $764M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $12.1B |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $11.9B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.4B |
| Minority Interest | $11M |
| TOTAL EQUITY | $12.4B |
| TOTAL LIABILITIES & EQUITY | $28.6B |
| Total Debt | $10.2B |
| Net Debt | $10.0B |
