| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | — | $984M | — | 45.1% |
| Op. Income | $413M | — | $389M | — | 6.2% |
| Gross Margin | 48.9% | — | 59.5% | — | -10.5pp |
| Net Margin | 1.8% | — | 3.0% | — | -1.2pp |
| EPS (Diluted) | $0.06 | — | $0.07 | — | -13.6% |
| Free Cash Flow | $99M | — | $310M | — | -68.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $729M |
| GROSS PROFIT | $699M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $308M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $413M |
| Interest Income | $176M |
| Interest Expense | $0 |
| Other Income/Expenses | -$430M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $232M |
| EBIT | $413M |
| EBITDA | $645M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $729M |
| GROSS PROFIT | $699M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $308M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $413M |
| Interest Income | $176M |
| Interest Expense | $0 |
| Other Income/Expenses | -$430M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $232M |
| EBIT | $413M |
| EBITDA | $645M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $232M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$115M |
| Change in Working Capital | $233M |
| OPERATING CASH FLOW | $376M |
| Capital Expenditure | -$277M |
| Acquisitions (Net) | -$5.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$5.5B |
| Net Debt Issuance | $2.7B |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$139M |
| Other Financing Activities | $2.0B |
| NET CASH FROM FINANCING | $4.5B |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$604M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $540M |
| Short-Term Investments | $240M |
| Net Receivables | $1.0B |
| Inventory | $141M |
| Other Current Assets | $184M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $12.8B |
| Goodwill | $3.9B |
| Intangible Assets | $11.6B |
| Long-Term Investments | $5.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $699M |
| TOTAL NON-CURRENT ASSETS | $34.3B |
| TOTAL ASSETS | $36.6B |
| Account Payables | $463M |
| Short-Term Debt | $985M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $384M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $19.5B |
| TOTAL LIABILITIES | $21.9B |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$856M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $458M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $9.2B |
| TOTAL EQUITY | $14.7B |
| TOTAL LIABILITIES & EQUITY | $36.6B |
| Total Debt | $15.2B |
| Net Debt | $14.7B |
