| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0B | $18.7B | $13.8B | -24.8% | 1.4% |
| Op. Income | $131M | $193M | -$220M | -32.0% | 159.8% |
| Gross Margin | 27.2% | 27.7% | 27.0% | -0.5pp | 0.2pp |
| Net Margin | -0.2% | -0.1% | -2.6% | -0.1pp | 2.3pp |
| EPS (Diluted) | $-0.06 | $-0.03 | $-0.61 | -100.0% | 90.2% |
| Free Cash Flow | -$2M | $562M | -$112M | -100.4% | 98.2% |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | -$136M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $13.9B |
| OPERATING INCOME | $131M |
| Interest Income | $0 |
| Interest Expense | $195M |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $403M |
| EBIT | $151M |
| EBITDA | $553M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $403M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$63M |
| Other Non-Cash Items | -$141M |
| Change in Working Capital | $101M |
| OPERATING CASH FLOW | $280M |
| Capital Expenditure | -$282M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $471M |
| NET CASH FROM INVESTING | $189M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $422M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $24M |
| Net Receivables | $528M |
| Inventory | $4.3B |
| Other Current Assets | $316M |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $10.3B |
| Goodwill | $1.2B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $98M |
| Tax Assets | $0 |
| Other Non-Current Assets | $464M |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $21.8B |
| Account Payables | $2.9B |
| Short-Term Debt | $437M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $10.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $507M |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $15.0B |
| TOTAL LIABILITIES | $20.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$613M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $192M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $21.8B |
| Total Debt | $11.8B |
| Net Debt | $10.1B |
