| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.6B | $2.9B | -9.5% | -18.9% |
| Op. Income | $574M | $888M | $1.2B | -35.4% | -53.3% |
| Gross Margin | 43.3% | 38.6% | 45.4% | 4.8pp | -2.1pp |
| Net Margin | 17.0% | 28.5% | 34.4% | -11.5pp | -17.4pp |
| EPS (Diluted) | $0.56 | $1.04 | $1.37 | -45.8% | -59.0% |
| Free Cash Flow | $762M | $422M | $390M | 80.8% | 95.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$58M |
| SG&A Expenses | -$58M |
| Other Expenses | $501M |
| Operating Expenses | $442M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $574M |
| Interest Income | $0 |
| Interest Expense | $105M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $398M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $398M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $295M |
| EBIT | $629M |
| EBITDA | $924M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$58M |
| SG&A Expenses | -$58M |
| Other Expenses | $501M |
| Operating Expenses | $442M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $574M |
| Interest Income | $0 |
| Interest Expense | $105M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $398M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $398M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $295M |
| EBIT | $629M |
| EBITDA | $924M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $398M |
| Depreciation & Amortization | $295M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $360M |
| Change in Working Capital | $237M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$522M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$547M |
| Net Debt Issuance | -$546M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$298M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | -$815M |
| FREE CASH FLOW | $762M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $0 |
| Net Receivables | $777M |
| Inventory | $474M |
| Other Current Assets | $845M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $29.9B |
| Goodwill | $0 |
| Intangible Assets | $305M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $434M |
| TOTAL NON-CURRENT ASSETS | $30.7B |
| TOTAL ASSETS | $33.0B |
| Account Payables | $1.5B |
| Short-Term Debt | $771M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $9.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $16.9B |
| TOTAL LIABILITIES | $19.3B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $261M |
| Retained Earnings | $13.1B |
| Treasury Stock | -$91M |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $91M |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $33.0B |
| Total Debt | $10.6B |
| Net Debt | $10.3B |
