Professional Documents
Culture Documents
Webslides Q417 Final
Webslides Q417 Final
Webslides Q417 Final
2
MM
Free Cash Flow -- TTM (1) (2) (3)
Up 101% Y/Y
Up 134%
101% Y/Y
497 504
6
MM
Net Sales
7
Net Sales – TTM
MM
Up 31% Y/Y
30%
8
Operating Income
MM
Up 69% Y/Y;
Up 72% F/X Adjusted
9
Operating Income – TTM
MM
Down 2% Y/Y;
Up 1% F/X Adjusted
10
Net Income
MM
Up 148% Y/Y
11
Segment Results – North America
MM MM
Sales Operating Income
12
Segment Results – International
MM MM
Sales Operating Income (Loss)
Up 29% Y/Y;
Up 22% F/X Adjusted
13
Segment Results – AWS
MM MM
Sales Operating Income
14
Appendix
15
Free Cash Flow Reconciliation – TTM
(1) As a result of accounting guidance adopted in Q1 2017, we retrospectively adjusted our consolidated statements of cash flows to reclassify
excess tax benefits from financing activities to operating activities. The amount of the adjustment was $829 million for TTM Q4 2016.
16
Free Cash Flow Less Lease Principal Repayments
Reconciliation – TTM
Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017
MM
Operating Cash Flow (1) $17,272 $17,634 $17,885 $17,077 $18,434
Principal repayments of
finance lease obligations (147) (155) (170) (175) (200)
(1) As a result of accounting guidance adopted in Q1 2017, we retrospectively adjusted our consolidated statements of cash flows to reclassify
excess tax benefits from financing activities to operating activities. The amount of the adjustment was $829 million for TTM Q4 2016.
17
Free Cash Flow Less Finance Lease Principal Repayments and
Assets Acquired Under Capital Leases Reconciliation – TTM
Principal repayments of
finance lease obligations (147) (155) (170) (175) (200)
Free Cash Flow Less Finance
Lease Principal Repayments and
Assets Acquired Under Capital
Leases $4,684 $3,345 $1,489 $(1,030) $(1,461)
(1) As a result of accounting guidance adopted in Q1 2017, we retrospectively adjusted our consolidated statements of cash flows to reclassify
excess tax benefits from financing activities to operating activities. The amount of the adjustment was $829 million for TTM Q4 2016.
18