| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.1B | $4.2B | 3.5% | 1.7% |
| Op. Income | $1.0B | $922M | $1.0B | 12.7% | 2.5% |
| Gross Margin | 50.6% | 40.0% | 50.5% | 10.6pp | 0.1pp |
| Net Margin | 12.8% | 12.5% | 14.0% | 0.3pp | -1.2pp |
| EPS (Diluted) | $0.58 | $0.53 | $0.62 | 8.2% | -7.1% |
| Free Cash Flow | $732M | $387M | $813M | 89.2% | -10.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$1.0B |
| Other Expenses | $2.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | -$274M |
| INCOME BEFORE TAX | $765M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $552M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $540M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $514M |
| D&A | $737M |
| EBIT | $957M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$1.0B |
| Other Expenses | $2.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | -$274M |
| INCOME BEFORE TAX | $765M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $552M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $540M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $514M |
| D&A | $737M |
| EBIT | $957M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $540M |
| Depreciation & Amortization | $737M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $213M |
| Other Non-Cash Items | -$114M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$772M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$802M |
| Net Debt Issuance | -$710M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$495M |
| Other Financing Activities | -$63M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $732M |
| Net Change in Cash | -$591M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $319M |
| Other Current Assets | $414M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $17.8B |
| Goodwill | $7.7B |
| Intangible Assets | $9.8B |
| Long-Term Investments | $587M |
| Tax Assets | $114M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $37.3B |
| TOTAL ASSETS | $41.3B |
| Account Payables | $2.6B |
| Short-Term Debt | $4.2B |
| Deferred Revenue | $502M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $143M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $18.1B |
| TOTAL LIABILITIES | $26.2B |
| Common Stock | $14.6B |
| Additional Paid-In Capital | $841M |
| Retained Earnings | -$3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.9B |
| Minority Interest | $233M |
| TOTAL EQUITY | $15.1B |
| TOTAL LIABILITIES & EQUITY | $41.3B |
| Total Debt | $17.6B |
| Net Debt | $17.3B |
