| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.8B | $2.8B | -6.4% | -5.9% |
| Op. Income | $890M | $1.2B | $1.1B | -24.5% | -16.1% |
| Gross Margin | 37.5% | 44.6% | 41.0% | -7.1pp | -3.5pp |
| Net Margin | 24.4% | 31.2% | 30.0% | -6.8pp | -5.7pp |
| EPS (Diluted) | $0.89 | $1.21 | $1.14 | -26.5% | -21.8% |
| Free Cash Flow | $365M | $534M | $477M | -31.6% | -23.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $982M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$56M |
| SG&A Expenses | -$56M |
| Other Expenses | $148M |
| Operating Expenses | $92M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $890M |
| Interest Income | $0 |
| Interest Expense | $99M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $848M |
| Income Tax Expense | $210M |
| Net Income from Continuing Ops | $638M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $638M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $638M |
| D&A | $283M |
| EBIT | $948M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $982M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$56M |
| SG&A Expenses | -$56M |
| Other Expenses | $148M |
| Operating Expenses | $92M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $890M |
| Interest Income | $0 |
| Interest Expense | $99M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $848M |
| Income Tax Expense | $210M |
| Net Income from Continuing Ops | $638M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $638M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $638M |
| D&A | $283M |
| EBIT | $948M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $638M |
| Depreciation & Amortization | $283M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $66M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | $148M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$744M |
| Acquisitions (Net) | -$67M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$816M |
| Net Debt Issuance | $166M |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | -$280M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$435M |
| FREE CASH FLOW | $365M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $447M |
| Other Current Assets | $425M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $29.4B |
| Goodwill | $56M |
| Intangible Assets | $111M |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $330M |
| TOTAL NON-CURRENT ASSETS | $29.9B |
| TOTAL ASSETS | $32.0B |
| Account Payables | $633M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $37M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $8.7B |
| Deferred Revenue NC | $118M |
| Deferred Tax Liabilities | $5.7B |
| Other Non-Current Liabilities | $881M |
| TOTAL NON-CURRENT LIABILITIES | $15.7B |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $295M |
| Retained Earnings | $12.9B |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.2B |
| TOTAL LIABILITIES & EQUITY | $32.0B |
| Total Debt | $10.4B |
| Net Debt | $10.4B |
