| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.2B | $18.7B | $14.0B | -24.3% | 1.1% |
| Op. Income | $582M | $322M | $131M | 81.2% | 343.2% |
| Gross Margin | 27.8% | 28.0% | 27.2% | -0.2pp | 0.6pp |
| Net Margin | 2.1% | 0.3% | -0.2% | 1.8pp | 2.3pp |
| EPS (Diluted) | $0.51 | $0.08 | $-0.06 | 537.5% | 950.0% |
| Free Cash Flow | -$72M | $441M | -$2M | -116.4% | -3505.0% |
| Item | Amount |
|---|---|
| REVENUE | $14.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | -$436M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $582M |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | -$206M |
| INCOME BEFORE TAX | $377M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $295M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $295M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $295M |
| D&A | $507M |
| EBIT | $554M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | -$436M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $582M |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | -$206M |
| INCOME BEFORE TAX | $377M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $295M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $295M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $295M |
| D&A | $507M |
| EBIT | $554M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $295M |
| Depreciation & Amortization | $507M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | -$368M |
| Change in Working Capital | -$141M |
| OPERATING CASH FLOW | $282M |
| Capital Expenditure | -$354M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $956M |
| NET CASH FROM INVESTING | $602M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | -$249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $465M |
| Short-Term Investments | $16M |
| Net Receivables | $519M |
| Inventory | $4.3B |
| Other Current Assets | $291M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $15.1B |
| Goodwill | $1.2B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $78M |
| Tax Assets | $0 |
| Other Non-Current Assets | $565M |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $24.7B |
| Account Payables | $2.9B |
| Short-Term Debt | $654M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $688M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $16.6B |
| TOTAL LIABILITIES | $22.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $470M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $24.7B |
| Total Debt | $14.7B |
| Net Debt | $14.3B |
