| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.2B | $4.2B | 1.6% | 3.2% |
| Op. Income | $1.1B | $1.0B | $1.0B | 2.5% | 4.7% |
| Gross Margin | 50.5% | 50.6% | 51.1% | -0.1pp | -0.5pp |
| Net Margin | 14.5% | 12.8% | 14.6% | 1.7pp | -0.2pp |
| EPS (Diluted) | $0.66 | $0.58 | $0.66 | 13.9% | 0.0% |
| Free Cash Flow | $741M | $732M | $872M | 1.3% | -15.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$1.1B |
| Other Expenses | $2.2B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $199M |
| Other Income/Expenses | -$268M |
| INCOME BEFORE TAX | $797M |
| Income Tax Expense | $164M |
| Net Income from Continuing Ops | $634M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $621M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $595M |
| D&A | $730M |
| EBIT | $996M |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$1.1B |
| Other Expenses | $2.2B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $199M |
| Other Income/Expenses | -$268M |
| INCOME BEFORE TAX | $797M |
| Income Tax Expense | $164M |
| Net Income from Continuing Ops | $634M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $621M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $595M |
| D&A | $730M |
| EBIT | $996M |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $621M |
| Depreciation & Amortization | $730M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $164M |
| Other Non-Cash Items | -$72M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$752M |
| Acquisitions (Net) | -$110M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$869M |
| Net Debt Issuance | $267M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$495M |
| Other Financing Activities | -$53M |
| NET CASH FROM FINANCING | -$305M |
| FREE CASH FLOW | $741M |
| Net Change in Cash | $319M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $604M |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $359M |
| Other Current Assets | $379M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $18.1B |
| Goodwill | $7.8B |
| Intangible Assets | $9.8B |
| Long-Term Investments | $563M |
| Tax Assets | $89M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $37.7B |
| TOTAL ASSETS | $42.1B |
| Account Payables | $2.8B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $512M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $14.3B |
| Deferred Revenue NC | $147M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.6B |
| TOTAL NON-CURRENT LIABILITIES | $19.0B |
| TOTAL LIABILITIES | $26.7B |
| Common Stock | $14.6B |
| Additional Paid-In Capital | $848M |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.2B |
| Minority Interest | $237M |
| TOTAL EQUITY | $15.5B |
| TOTAL LIABILITIES & EQUITY | $42.1B |
| Total Debt | $17.9B |
| Net Debt | $17.3B |