| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.7B | $14.0B | $18.7B | 33.7% | 0.5% |
| Op. Income | $322M | $288M | $193M | 11.5% | 66.5% |
| Gross Margin | 28.0% | 29.0% | 27.7% | -1.0pp | 0.2pp |
| Net Margin | 0.3% | 1.0% | -0.1% | -0.7pp | 0.4pp |
| EPS (Diluted) | $0.08 | $0.23 | $-0.03 | -65.2% | 366.7% |
| Free Cash Flow | $441M | $173M | $562M | 154.5% | -21.6% |
| Item | Amount |
|---|---|
| REVENUE | $18.7B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.9B |
| Other Expenses | -$29M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $18.4B |
| OPERATING INCOME | $322M |
| Interest Income | $0 |
| Interest Expense | $225M |
| Other Income/Expenses | -$257M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $679M |
| EBIT | $290M |
| EBITDA | $969M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18.7B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.9B |
| Other Expenses | -$29M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $18.4B |
| OPERATING INCOME | $322M |
| Interest Income | $0 |
| Interest Expense | $225M |
| Other Income/Expenses | -$257M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $679M |
| EBIT | $290M |
| EBITDA | $969M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $679M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $803M |
| Capital Expenditure | -$362M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $68M |
| NET CASH FROM INVESTING | -$294M |
| Net Debt Issuance | -$750M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$763M |
| FREE CASH FLOW | $441M |
| Net Change in Cash | -$254M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $714M |
| Short-Term Investments | $20M |
| Net Receivables | $497M |
| Inventory | $4.4B |
| Other Current Assets | $290M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $14.9B |
| Goodwill | $1.2B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $88M |
| Tax Assets | $0 |
| Other Non-Current Assets | $589M |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $25.0B |
| Account Payables | $3.1B |
| Short-Term Debt | $668M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $990M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $755M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $17.2B |
| TOTAL LIABILITIES | $22.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $175M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | $89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $25.0B |
| Total Debt | $15.3B |
| Net Debt | $14.5B |
