| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | — | 0.1% | — |
| Op. Income | $332M | $340M | — | -2.4% | — |
| Gross Margin | 28.7% | 28.7% | — | -0.0pp | — |
| Net Margin | 8.5% | 8.6% | — | -0.0pp | — |
| EPS (Diluted) | $1.01 | $1.00 | — | 1.0% | — |
| Free Cash Flow | $175M | $244M | — | -28.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $793M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $210M |
| SG&A Expenses | $210M |
| Other Expenses | $251M |
| Operating Expenses | $461M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $332M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $25M |
| EBIT | $377M |
| EBITDA | $403M |
| 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 | $210M |
| SG&A Expenses | $210M |
| Other Expenses | $251M |
| Operating Expenses | $461M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $332M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $25M |
| EBIT | $377M |
| EBITDA | $403M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $236M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$125M |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$129M |
| Purchases of Investments | -$279M |
| Sales/Maturities of Investments | $730M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $332M |
| Net Debt Issuance | -$375M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$531M |
| FREE CASH FLOW | $175M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $756M |
| Net Receivables | $6.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.3B |
| PP&E (Net) | $510M |
| Goodwill | $337M |
| Intangible Assets | $2.0B |
| Long-Term Investments | $47.1B |
| Tax Assets | $359M |
| Other Non-Current Assets | -$47.9B |
| TOTAL NON-CURRENT ASSETS | $359M |
| TOTAL ASSETS | $63.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$440M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $51.5B |
| Deferred Tax Liabilities | $359M |
| Other Non-Current Liabilities | $51.2B |
| TOTAL NON-CURRENT LIABILITIES | $54.5B |
| TOTAL LIABILITIES | $54.5B |
| Common Stock | $30M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $8.5B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | $451M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $63.9B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
