| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.8B | — | -20.8% | — |
| Op. Income | $241M | $388M | — | -37.9% | — |
| Gross Margin | 34.8% | 40.0% | — | -5.2pp | — |
| Net Margin | 6.3% | 10.9% | — | -4.5pp | — |
| EPS (Diluted) | $0.33 | $0.71 | — | -53.5% | — |
| Free Cash Flow | $92M | $281M | — | -67.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $945M |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $263M |
| Operating Expenses | $263M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $241M |
| Interest Income | $2M |
| Interest Expense | $110M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $197M |
| EBIT | $250M |
| EBITDA | $447M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $945M |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $263M |
| Operating Expenses | $263M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $241M |
| Interest Income | $2M |
| Interest Expense | $110M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $197M |
| EBIT | $250M |
| EBITDA | $447M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $197M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $42M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $115M |
| OPERATING CASH FLOW | $473M |
| Capital Expenditure | -$381M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$460M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$94M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | $435M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $0 |
| Net Receivables | $871M |
| Inventory | $582M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $16.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $68M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $19.7B |
| TOTAL ASSETS | $21.9B |
| Account Payables | $608M |
| Short-Term Debt | $819M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $563M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $9.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.1B |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $17.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | -$512M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $37M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $21.9B |
| Total Debt | $10.0B |
| Net Debt | $9.6B |
