| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0B | $13.8B | $14.0B | 1.3% | -0.1% |
| Op. Income | $288M | $174M | $234M | 65.4% | 23.5% |
| Gross Margin | 29.0% | 27.8% | 28.1% | 1.1pp | 0.8pp |
| Net Margin | 1.0% | 0.3% | 2.8% | 0.6pp | -1.8pp |
| EPS (Diluted) | $0.23 | $0.08 | $0.67 | 187.5% | -65.7% |
| Free Cash Flow | $173M | -$408M | -$176M | 142.4% | 198.3% |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $10.0B |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $13.7B |
| OPERATING INCOME | $288M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$151M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $398M |
| EBIT | $354M |
| EBITDA | $752M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $10.0B |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $13.7B |
| OPERATING INCOME | $288M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$151M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $398M |
| EBIT | $354M |
| EBITDA | $752M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $136M |
| Depreciation & Amortization | $398M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $619M |
| Capital Expenditure | -$446M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $720M |
| NET CASH FROM INVESTING | $274M |
| Net Debt Issuance | -$391M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$411M |
| FREE CASH FLOW | $173M |
| Net Change in Cash | $482M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $968M |
| Short-Term Investments | $23M |
| Net Receivables | $586M |
| Inventory | $4.3B |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $9.9B |
| Goodwill | $1.2B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $125M |
| Tax Assets | $738M |
| Other Non-Current Assets | $522M |
| TOTAL NON-CURRENT ASSETS | $15.3B |
| TOTAL ASSETS | $21.5B |
| Account Payables | $2.9B |
| Short-Term Debt | $149M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $9.8B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $14.9B |
| TOTAL LIABILITIES | $20.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$432M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | $91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $21.5B |
| Total Debt | $10.6B |
| Net Debt | $9.6B |
