| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.5B | $4.1B | -7.7% | 2.6% |
| Op. Income | $954M | $1.0B | $922M | -5.3% | 3.5% |
| Gross Margin | 42.0% | 119.6% | 40.0% | -77.6pp | 2.0pp |
| Net Margin | 13.6% | 10.3% | 12.5% | 3.2pp | 1.1pp |
| EPS (Diluted) | $0.60 | $0.50 | $0.53 | 20.6% | 12.3% |
| Free Cash Flow | $487M | $594M | $387M | -18.1% | 25.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $806M |
| Operating Expenses | $806M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $954M |
| Interest Income | $0 |
| Interest Expense | $219M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | $792M |
| Income Tax Expense | $214M |
| Net Income from Continuing Ops | $578M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $569M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $541M |
| D&A | $806M |
| EBIT | $1.0B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $806M |
| Operating Expenses | $806M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $954M |
| Interest Income | $0 |
| Interest Expense | $219M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | $792M |
| Income Tax Expense | $214M |
| Net Income from Continuing Ops | $578M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $569M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $541M |
| D&A | $806M |
| EBIT | $1.0B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $569M |
| Depreciation & Amortization | $806M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $214M |
| Other Non-Cash Items | -$251M |
| Change in Working Capital | -$230M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$621M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$639M |
| Net Debt Issuance | $265M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$495M |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$292M |
| FREE CASH FLOW | $487M |
| Net Change in Cash | $178M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $488M |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $345M |
| Other Current Assets | $460M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $19.9B |
| Goodwill | $7.8B |
| Intangible Assets | $9.7B |
| Long-Term Investments | $587M |
| Tax Assets | $94M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $39.3B |
| TOTAL ASSETS | $43.7B |
| Account Payables | $2.6B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $536M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $16.1B |
| Deferred Revenue NC | $149M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $20.7B |
| TOTAL LIABILITIES | $28.7B |
| Common Stock | $14.7B |
| Additional Paid-In Capital | $843M |
| Retained Earnings | -$3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.8B |
| Minority Interest | $226M |
| TOTAL EQUITY | $15.0B |
| TOTAL LIABILITIES & EQUITY | $43.7B |
| Total Debt | $20.1B |
| Net Debt | $19.6B |
