| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | — | $2.0B | — | 7.6% |
| Op. Income | $522M | — | $558M | — | -6.5% |
| Gross Margin | 56.7% | — | 59.1% | — | -2.4pp |
| Net Margin | 9.3% | — | 10.9% | — | -1.6pp |
| EPS (Diluted) | $0.20 | — | $0.19 | — | 3.0% |
| Free Cash Flow | -$2.3B | — | $527M | — | -533.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $917M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $647M |
| SG&A Expenses | $647M |
| Other Expenses | $33M |
| Operating Expenses | $680M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $522M |
| Interest Income | $1.4B |
| Interest Expense | $609M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $522M |
| Income Tax Expense | $145M |
| Net Income from Continuing Ops | $377M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $66M |
| EBIT | $522M |
| EBITDA | $588M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $917M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $647M |
| SG&A Expenses | $647M |
| Other Expenses | $33M |
| Operating Expenses | $680M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $522M |
| Interest Income | $1.4B |
| Interest Expense | $609M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $522M |
| Income Tax Expense | $145M |
| Net Income from Continuing Ops | $377M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $66M |
| EBIT | $522M |
| EBITDA | $588M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $196M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$388M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | -$2.3B |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$359M |
| NET CASH FROM INVESTING | -$390M |
| Net Debt Issuance | $851M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$93M |
| Other Financing Activities | $2.7B |
| NET CASH FROM FINANCING | $3.5B |
| FREE CASH FLOW | -$2.3B |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.2B |
| Short-Term Investments | $7.2B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $22.5B |
| PP&E (Net) | $2.3B |
| Goodwill | $2.4B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $56.8B |
| Tax Assets | $360M |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $67.3B |
| TOTAL ASSETS | $89.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57.8B |
| TOTAL CURRENT LIABILITIES | $57.8B |
| Long-Term Debt | $18.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $741M |
| Other Non-Current Liabilities | $3.6B |
| TOTAL NON-CURRENT LIABILITIES | $22.7B |
| TOTAL LIABILITIES | $80.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $5.5B |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $3.8B |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $89.8B |
| Total Debt | $18.4B |
| Net Debt | $7.2B |