| Metric | Q2 2012 | Q1 2012 | Q2 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.4B | $3.7B | -6.5% | -12.4% |
| Op. Income | -$279M | $2.7B | -$4.7B | -110.3% | 94.1% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -2.2% | 62.5% | 14.8% | -64.7pp | -17.0pp |
| EPS (Diluted) | $-0.14 | $4.30 | $1.09 | -103.3% | -112.8% |
| Free Cash Flow | $149M | $188M | $397M | -20.7% | -62.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $200M |
| General & Administrative | $62M |
| SG&A Expenses | $262M |
| Other Expenses | $190M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | -$279M |
| Interest Income | $0 |
| Interest Expense | $190M |
| Other Income/Expenses | $373M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $164M |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $1.0B |
| EBIT | $284M |
| EBITDA | $1.3B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$67M |
| Other Non-Cash Items | $2.4B |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $141M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $163M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$394M |
| NET CASH FROM FINANCING | -$440M |
| FREE CASH FLOW | $149M |
| Net Change in Cash | -$163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $37.5B |
| Goodwill | $5.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $44.9B |
| TOTAL ASSETS | $53.3B |
| Account Payables | $2.9B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $8.8B |
| Other Current Liabilities | -$7.5B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $13.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.8B |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $24.5B |
| TOTAL LIABILITIES | $33.1B |
| Common Stock | $51M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $13.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$578M |
| Other Equity | $7.2B |
| TOTAL STOCKHOLDERS' EQUITY | $20.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.2B |
| TOTAL LIABILITIES & EQUITY | $53.3B |
| Total Debt | $14.8B |
| Net Debt | $12.0B |
