| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | — | 1.3% | — |
| Op. Income | $340M | $304M | — | 11.8% | — |
| Gross Margin | 28.7% | 27.7% | — | 1.0pp | — |
| Net Margin | 8.6% | 7.7% | — | 0.8pp | — |
| EPS (Diluted) | $1.00 | $0.88 | — | 13.6% | — |
| Free Cash Flow | $244M | $276M | — | -11.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $793M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $203M |
| SG&A Expenses | $203M |
| Other Expenses | $250M |
| Operating Expenses | $453M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $103M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $237M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $25M |
| EBIT | $383M |
| EBITDA | $408M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $793M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $203M |
| SG&A Expenses | $203M |
| Other Expenses | $250M |
| Operating Expenses | $453M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $340M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $340M |
| Income Tax Expense | $103M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $237M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $25M |
| EBIT | $383M |
| EBITDA | $408M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $237M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$102M |
| Change in Working Capital | $108M |
| OPERATING CASH FLOW | $268M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $967M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | -$742M |
| Net Debt Issuance | $598M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $447M |
| FREE CASH FLOW | $244M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $47.3B |
| Net Receivables | $6.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53.8B |
| PP&E (Net) | $511M |
| Goodwill | $227M |
| Intangible Assets | $2.0B |
| Long-Term Investments | $47.3B |
| Tax Assets | $316M |
| Other Non-Current Assets | -$48.0B |
| TOTAL NON-CURRENT ASSETS | $316M |
| TOTAL ASSETS | $63.9B |
| Account Payables | $0 |
| Short-Term Debt | $351M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$831M |
| TOTAL CURRENT LIABILITIES | $380M |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | -$667M |
| Deferred Tax Liabilities | $316M |
| Other Non-Current Liabilities | $51.7B |
| TOTAL NON-CURRENT LIABILITIES | $54.3B |
| TOTAL LIABILITIES | $54.7B |
| Common Stock | $30M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $8.4B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $340M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $63.9B |
| Total Debt | $3.4B |
| Net Debt | $3.3B |
