| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $2.8B | $4.2B | 44.6% | -3.4% |
| Op. Income | $906M | -$77M | $1.0B | 1269.8% | -11.2% |
| Gross Margin | 25.6% | -3.1% | 25.0% | 28.6pp | 0.5pp |
| Net Margin | 17.3% | -20.3% | 10.2% | 37.6pp | 7.2pp |
| EPS (Diluted) | $0.29 | $-0.23 | $0.18 | 225.0% | 66.7% |
| Free Cash Flow | $93M | $226M | $1.1B | -58.9% | -91.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $96M |
| SG&A Expenses | $96M |
| Other Expenses | $32M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $906M |
| Interest Income | $0 |
| Interest Expense | $140M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $892M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $702M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $702M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $702M |
| D&A | $923M |
| EBIT | $1.0B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $96M |
| SG&A Expenses | $96M |
| Other Expenses | $32M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $906M |
| Interest Income | $0 |
| Interest Expense | $140M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $892M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $702M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $702M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $702M |
| D&A | $923M |
| EBIT | $1.0B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $702M |
| Depreciation & Amortization | $789M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $69M |
| Other Non-Cash Items | -$134M |
| Change in Working Capital | -$742M |
| OPERATING CASH FLOW | $728M |
| Capital Expenditure | -$611M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$141M |
| NET CASH FROM INVESTING | -$752M |
| Net Debt Issuance | $426M |
| Common Stock Repurchased | -$176M |
| Common Dividends Paid | -$295M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $401M |
| Net Receivables | $1.7B |
| Inventory | $783M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $50.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $981M |
| TOTAL NON-CURRENT ASSETS | $50.9B |
| TOTAL ASSETS | $54.1B |
| Account Payables | $569M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | -$43M |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.4B |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $26.4B |
| TOTAL LIABILITIES | $30.5B |
| Common Stock | $6.8B |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $16.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $42M |
| Other Equity | -$6.8B |
| TOTAL STOCKHOLDERS' EQUITY | $23.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.6B |
| TOTAL LIABILITIES & EQUITY | $54.1B |
| Total Debt | $15.3B |
| Net Debt | $15.3B |
