| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 1.5% | 5.9% |
| Op. Income | $203M | $336M | $320M | -39.6% | -36.6% |
| Gross Margin | 51.5% | 58.2% | 53.9% | -6.6pp | -2.4pp |
| Net Margin | 8.4% | 16.0% | 19.0% | -7.6pp | -10.6pp |
| EPS (Diluted) | $2.19 | $4.10 | $4.67 | -46.6% | -53.2% |
| Free Cash Flow | $679M | -$96M | -$1.3B | 805.3% | 150.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $757M |
| GROSS PROFIT | $806M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $489M |
| SG&A Expenses | $489M |
| Other Expenses | $114M |
| Operating Expenses | $602M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $203M |
| Interest Income | $1.2B |
| Interest Expense | $441M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $0 |
| EBIT | $203M |
| EBITDA | $203M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $757M |
| GROSS PROFIT | $806M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $489M |
| SG&A Expenses | $489M |
| Other Expenses | $114M |
| Operating Expenses | $602M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $203M |
| Interest Income | $1.2B |
| Interest Expense | $441M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $0 |
| EBIT | $203M |
| EBITDA | $203M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | -$797M |
| OPERATING CASH FLOW | $899M |
| Capital Expenditure | -$220M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$146M |
| NET CASH FROM INVESTING | -$366M |
| Net Debt Issuance | -$336M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$73M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $679M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $0 |
| Net Receivables | $7.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.4B |
| PP&E (Net) | $1.6B |
| Goodwill | $1.9B |
| Intangible Assets | $151M |
| Long-Term Investments | $47.3B |
| Tax Assets | $112M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $52.7B |
| TOTAL ASSETS | $66.2B |
| Account Payables | $419M |
| Short-Term Debt | $368M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44.4B |
| TOTAL CURRENT LIABILITIES | $45.3B |
| Long-Term Debt | $9.5B |
| Deferred Revenue NC | $201M |
| Deferred Tax Liabilities | $427M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $12.8B |
| TOTAL LIABILITIES | $58.1B |
| Common Stock | $135M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.8B |
| Other Equity | $874M |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $539M |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $66.2B |
| Total Debt | $10.4B |
| Net Debt | $4.6B |
