| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.4B | $14.1B | $14.0B | 9.5% | 10.1% |
| Op. Income | $327M | $207M | $288M | 58.1% | 13.2% |
| Gross Margin | 28.6% | 28.3% | 29.0% | 0.3pp | -0.3pp |
| Net Margin | 0.4% | 0.4% | 1.0% | 0.1pp | -0.5pp |
| EPS (Diluted) | $0.14 | $0.09 | $0.23 | 55.6% | -39.1% |
| Free Cash Flow | $126M | -$65M | $173M | 292.5% | -27.5% |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $11.0B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.1B |
| Other Expenses | -$2M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$237M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $561M |
| EBIT | $212M |
| EBITDA | $773M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $11.0B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.1B |
| Other Expenses | -$2M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$237M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $561M |
| EBIT | $212M |
| EBITDA | $773M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $561M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $95M |
| Change in Working Capital | -$250M |
| OPERATING CASH FLOW | $517M |
| Capital Expenditure | -$391M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | -$353M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $126M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $479M |
| Short-Term Investments | $14M |
| Net Receivables | $525M |
| Inventory | $4.4B |
| Other Current Assets | $106M |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $15.1B |
| Goodwill | $1.2B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $130M |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $524M |
| TOTAL NON-CURRENT ASSETS | $21.5B |
| TOTAL ASSETS | $27.3B |
| Account Payables | $2.9B |
| Short-Term Debt | $785M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $7.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.1B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $19.1B |
| TOTAL LIABILITIES | $25.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $592M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $27.3B |
| Total Debt | $14.7B |
| Net Debt | $14.2B |
