| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $2.1B | 3.8% | -9.5% |
| Op. Income | $368M | $311M | $359M | 18.3% | 2.5% |
| Gross Margin | 42.8% | 36.8% | 37.1% | 6.0pp | 5.8pp |
| Net Margin | 13.0% | 9.3% | 10.3% | 3.7pp | 2.7pp |
| EPS (Diluted) | $0.85 | $0.58 | $0.75 | 46.6% | 13.3% |
| Free Cash Flow | -$322M | -$139M | $136M | -131.7% | -336.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $798M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $430M |
| Operating Expenses | $430M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $368M |
| Interest Income | $8M |
| Interest Expense | $137M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243M |
| D&A | $316M |
| EBIT | $407M |
| EBITDA | $723M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $798M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $430M |
| Operating Expenses | $430M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $368M |
| Interest Income | $8M |
| Interest Expense | $137M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243M |
| D&A | $316M |
| EBIT | $407M |
| EBITDA | $723M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $243M |
| Depreciation & Amortization | $316M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | -$522M |
| Change in Working Capital | $97M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$523M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$559M |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$116M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$322M |
| Net Change in Cash | $704M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $834M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $434M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $19.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $72M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $24.6B |
| TOTAL ASSETS | $27.4B |
| Account Payables | $497M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $622M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $12.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $19.3B |
| TOTAL LIABILITIES | $22.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $37M |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $27.4B |
| Total Debt | $14.3B |
| Net Debt | $13.5B |
