QWEST CORP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Revenue | $8.55B | $8.91B | $8.96B | $8.84B | $8.75B | $8.85B |
| Cost of Revenue | $2.88B | $2.93B | $2.87B | $2.88B | $2.79B | $2.87B |
| Gross Profit | $5.67B | $5.98B | $6.09B | $5.96B | $5.96B | $5.98B |
| Gross Margin | 66.3% | 67.1% | 68.0% | 67.4% | 68.1% | 67.6% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $925.0M | $1.02B | $1.02B | $1.09B | $1.06B | $1.17B |
| Operating Income | $2.31B | $2.32B | $2.26B | $2.11B | $2.08B | $1.91B |
| Operating Margin | 27.1% | 26.1% | 25.2% | 23.9% | 23.7% | 21.5% |
| Interest Expense | $465.0M | $478.0M | $473.0M | $464.0M | $450.0M | $443.0M |
| Pretax Income | $1.79B | $1.76B | $1.73B | $1.61B | $1.57B | $1.39B |
| Income Tax Expense | $134.0M | $678.0M | $659.0M | $639.0M | $602.0M | $542.0M |
| Net Income | $1.66B | $1.09B | $1.07B | $970.0M | $964.0M | $849.0M |
| Net Margin | 19.4% | 12.2% | 12.0% | 11.0% | 11.0% | 9.6% |
| EPS (Basic) | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 1 | 1 | 1 | 1 | 1 | 1 |
| Shares Outstanding (Diluted) | 1 | 1 | 1 | 1 | 1 | 1 |
| Dividends Per Share | — | — | — | — | — | — |