| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.8B | $22.8B | $14.2B | -30.7% | 11.2% |
| Op. Income | $562M | $972M | $582M | -42.2% | -3.5% |
| Gross Margin | 29.0% | 29.8% | 27.8% | -0.7pp | 1.2pp |
| Net Margin | 1.8% | 2.6% | 2.1% | -0.8pp | -0.3pp |
| EPS (Diluted) | $0.49 | $1.00 | $0.51 | -51.0% | -3.9% |
| Free Cash Flow | $328M | $1.7B | -$72M | -80.6% | 555.3% |
| Item | Amount |
|---|---|
| REVENUE | $15.8B |
| Cost of Revenue | $11.2B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.0B |
| Other Expenses | -$18M |
| Operating Expenses | $4.0B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $562M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$166M |
| INCOME BEFORE TAX | $396M |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $482M |
| EBIT | $524M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15.8B |
| Cost of Revenue | $11.2B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.0B |
| Other Expenses | -$18M |
| Operating Expenses | $4.0B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $562M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$166M |
| INCOME BEFORE TAX | $396M |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $482M |
| EBIT | $524M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $285M |
| Depreciation & Amortization | $482M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | -$651M |
| Change in Working Capital | $451M |
| OPERATING CASH FLOW | $629M |
| Capital Expenditure | -$301M |
| Acquisitions (Net) | -$98M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $111M |
| NET CASH FROM INVESTING | -$288M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.7B |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $328M |
| Net Change in Cash | $367M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $12M |
| Net Receivables | $547M |
| Inventory | $4.3B |
| Other Current Assets | $321M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $14.9B |
| Goodwill | $1.2B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $86M |
| Tax Assets | $0 |
| Other Non-Current Assets | $665M |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $26.5B |
| Account Payables | $3.4B |
| Short-Term Debt | $909M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $564M |
| Other Non-Current Liabilities | $10.7B |
| TOTAL NON-CURRENT LIABILITIES | $18.2B |
| TOTAL LIABILITIES | $25.0B |
| Common Stock | $6M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $7.9B |
| Net Debt | $5.5B |
