| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.6B | -1.1% | 0.0% |
| Op. Income | $888M | $890M | $789M | -0.2% | 12.5% |
| Gross Margin | 38.6% | 37.5% | 34.9% | 1.1pp | 3.7pp |
| Net Margin | 28.5% | 24.4% | 22.2% | 4.2pp | 6.3pp |
| EPS (Diluted) | $1.04 | $0.89 | $0.79 | 16.4% | 31.5% |
| Free Cash Flow | $422M | $365M | $215M | 15.4% | 96.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $999M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$57M |
| SG&A Expenses | -$57M |
| Other Expenses | $168M |
| Operating Expenses | $111M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $888M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $851M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $739M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $739M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $739M |
| D&A | $286M |
| EBIT | $953M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $999M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$57M |
| SG&A Expenses | -$57M |
| Other Expenses | $168M |
| Operating Expenses | $111M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $888M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $851M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $739M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $739M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $739M |
| D&A | $286M |
| EBIT | $953M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $739M |
| Depreciation & Amortization | $286M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $215M |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | -$330M |
| OPERATING CASH FLOW | $862M |
| Capital Expenditure | -$441M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$444M |
| Net Debt Issuance | $471M |
| Common Stock Repurchased | -$283M |
| Common Dividends Paid | -$299M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $422M |
| Net Change in Cash | $311M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $0 |
| Net Receivables | $927M |
| Inventory | $496M |
| Other Current Assets | $862M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $30.6B |
| Goodwill | $0 |
| Intangible Assets | $318M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $357M |
| TOTAL NON-CURRENT ASSETS | $31.3B |
| TOTAL ASSETS | $33.9B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $9.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.2B |
| TOTAL NON-CURRENT LIABILITIES | $16.7B |
| TOTAL LIABILITIES | $20.2B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $265M |
| Retained Earnings | $13.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.8B |
| TOTAL LIABILITIES & EQUITY | $33.9B |
| Total Debt | $11.5B |
| Net Debt | $11.2B |
