| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $3.9B | $3.4B | 7.8% | 21.1% |
| Op. Income | -$771M | $1.1B | $644M | -173.1% | -219.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 16.1% | 30.4% | 15.1% | -14.3pp | 1.0pp |
| EPS (Diluted) | $0.06 | $0.11 | $0.05 | -43.6% | 29.2% |
| Free Cash Flow | $2.8B | -$5.6B | -$7.6B | 150.2% | 136.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $96M |
| General & Administrative | $338M |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $5.5B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | -$771M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$557M |
| INCOME BEFORE TAX | -$1.3B |
| Income Tax Expense | -$2.0B |
| Net Income from Continuing Ops | $676M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $670M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $670M |
| D&A | $771M |
| EBIT | $710M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $670M |
| Depreciation & Amortization | $326M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17.5B |
| Change in Working Capital | -$15.6B |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$149M |
| Acquisitions (Net) | -$693M |
| Purchases of Investments | $14.3B |
| Sales/Maturities of Investments | -$8.2B |
| Other Investing Activities | -$6.2B |
| NET CASH FROM INVESTING | -$6.4B |
| Net Debt Issuance | $3.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$932M |
| Other Financing Activities | -$170M |
| NET CASH FROM FINANCING | $845M |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | -$2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $3.0B |
| Goodwill | $1.1B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $268.0B |
| TOTAL NON-CURRENT ASSETS | $273.9B |
| TOTAL ASSETS | $277.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $626M |
| Long-Term Debt | $40.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $210.0B |
| TOTAL NON-CURRENT LIABILITIES | $249.8B |
| TOTAL LIABILITIES | $250.4B |
| Common Stock | $15.1B |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $10.6B |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.2B |
| Minority Interest | $89M |
| TOTAL EQUITY | $27.3B |
| TOTAL LIABILITIES & EQUITY | $277.7B |
| Total Debt | $40.4B |
| Net Debt | $36.6B |
