| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $9.4B | — | -2.6% | — |
| Op. Income | $586M | $767M | — | -23.6% | — |
| Gross Margin | 11.9% | 13.0% | — | -1.1pp | — |
| Net Margin | 4.3% | 5.1% | — | -0.9pp | — |
| EPS (Diluted) | $1.05 | $1.25 | — | -16.0% | — |
| Free Cash Flow | $663M | $608M | — | 9.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $8.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $238M |
| General & Administrative | $0 |
| SG&A Expenses | $503M |
| Other Expenses | $0 |
| Operating Expenses | $503M |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $586M |
| Interest Income | $1M |
| Interest Expense | $58M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $531M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $391M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $391M |
| D&A | $179M |
| EBIT | $589M |
| EBITDA | $768M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $8.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $238M |
| General & Administrative | $0 |
| SG&A Expenses | $503M |
| Other Expenses | $0 |
| Operating Expenses | $503M |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $586M |
| Interest Income | $1M |
| Interest Expense | $58M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $531M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $391M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $391M |
| D&A | $179M |
| EBIT | $589M |
| EBITDA | $768M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $392M |
| Depreciation & Amortization | $179M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $202M |
| OPERATING CASH FLOW | $843M |
| Capital Expenditure | -$180M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | $130M |
| Common Stock Repurchased | -$651M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | -$510M |
| FREE CASH FLOW | $663M |
| Net Change in Cash | $152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $2.7B |
| Other Current Assets | $265M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $5.2B |
| Goodwill | $6.7B |
| Intangible Assets | $5.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $562M |
| TOTAL NON-CURRENT ASSETS | $17.5B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $79M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $397M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $10.0B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $43M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $8.3B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $16M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $6.3B |
| Net Debt | $5.9B |
