| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $2.3B | -2.8% | -0.4% |
| Op. Income | $753M | $951M | $894M | -20.8% | -15.8% |
| Gross Margin | 36.6% | 43.3% | 41.8% | -6.6pp | -5.2pp |
| Net Margin | 23.2% | 79.5% | 27.6% | -56.3pp | -4.4pp |
| EPS (Diluted) | $0.73 | $2.54 | $0.85 | -71.3% | -13.8% |
| Free Cash Flow | $241M | $344M | $628M | -29.9% | -61.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $855M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$56M |
| SG&A Expenses | -$56M |
| Other Expenses | $159M |
| Operating Expenses | $102M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $753M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $724M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $542M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $542M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $542M |
| D&A | $236M |
| EBIT | $813M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $855M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$56M |
| SG&A Expenses | -$56M |
| Other Expenses | $159M |
| Operating Expenses | $102M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $753M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $724M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $542M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $542M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $542M |
| D&A | $236M |
| EBIT | $813M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $542M |
| Depreciation & Amortization | $236M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $84M |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | -$260M |
| OPERATING CASH FLOW | $552M |
| Capital Expenditure | -$311M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$316M |
| Net Debt Issuance | $607M |
| Common Stock Repurchased | -$449M |
| Common Dividends Paid | -$246M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $241M |
| Net Change in Cash | $126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $0 |
| Net Receivables | $759M |
| Inventory | $381M |
| Other Current Assets | $642M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $25.4B |
| Goodwill | -$55M |
| Intangible Assets | $197M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $867M |
| TOTAL NON-CURRENT ASSETS | $26.4B |
| TOTAL ASSETS | $28.3B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.2B |
| TOTAL NON-CURRENT LIABILITIES | $13.0B |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $109M |
| Retained Earnings | $11.2B |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $100M |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.1B |
| TOTAL LIABILITIES & EQUITY | $28.3B |
| Total Debt | $8.7B |
| Net Debt | $8.5B |
