| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $2.0B | $1.4B | -23.6% | 3.0% |
| Op. Income | $255M | $363M | $241M | -29.8% | 5.8% |
| Gross Margin | 35.3% | 37.3% | 34.8% | -2.0pp | 0.5pp |
| Net Margin | 9.3% | 12.3% | 6.3% | -3.0pp | 3.0pp |
| EPS (Diluted) | $0.49 | $0.86 | $0.33 | -43.0% | 48.5% |
| Free Cash Flow | $258M | $286M | $92M | -9.8% | 180.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $965M |
| GROSS PROFIT | $527M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $272M |
| Operating Expenses | $272M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $255M |
| Interest Income | $4M |
| Interest Expense | $112M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $204M |
| EBIT | $277M |
| EBITDA | $481M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $965M |
| GROSS PROFIT | $527M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $272M |
| Operating Expenses | $272M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $255M |
| Interest Income | $4M |
| Interest Expense | $112M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $204M |
| EBIT | $277M |
| EBITDA | $481M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $139M |
| Depreciation & Amortization | $204M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $329M |
| OPERATING CASH FLOW | $708M |
| Capital Expenditure | -$450M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | -$552M |
| Net Debt Issuance | $188M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$103M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $118M |
| FREE CASH FLOW | $258M |
| Net Change in Cash | $273M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $477M |
| Short-Term Investments | $0 |
| Net Receivables | $928M |
| Inventory | $570M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $17.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $23.3B |
| Account Payables | $629M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $588M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | -$346M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $37M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $23.3B |
| Total Debt | $10.6B |
| Net Debt | $10.1B |
