| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.7B | — | 18.7% | — |
| Op. Income | -$257M | -$594M | — | 56.7% | — |
| Gross Margin | -3.9% | -25.3% | — | 21.4pp | — |
| Net Margin | -12.6% | -4.6% | — | -8.0pp | — |
| EPS (Diluted) | $-0.12 | $-0.04 | — | -220.0% | — |
| Free Cash Flow | -$296M | -$304M | — | 2.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | -$76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $156M |
| SG&A Expenses | $156M |
| Other Expenses | $26M |
| Operating Expenses | $181M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | -$257M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | -$349M |
| Income Tax Expense | -$101M |
| Net Income from Continuing Ops | -$248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$248M |
| D&A | $859M |
| EBIT | -$286M |
| EBITDA | $573M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$248M |
| Depreciation & Amortization | $850M |
| Stock-Based Compensation | $89M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$139M |
| OPERATING CASH FLOW | $524M |
| Capital Expenditure | -$806M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$862M |
| Net Debt Issuance | $440M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$184M |
| Other Financing Activities | $89M |
| NET CASH FROM FINANCING | $344M |
| FREE CASH FLOW | -$296M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $406M |
| Net Receivables | $849M |
| Inventory | $447M |
| Other Current Assets | $776M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $39.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $723M |
| TOTAL NON-CURRENT ASSETS | $39.9B |
| TOTAL ASSETS | $42.6B |
| Account Payables | $436M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $10.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $19.6B |
| TOTAL LIABILITIES | $23.5B |
| Common Stock | $3.0B |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $16.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $26M |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $19.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.0B |
| TOTAL LIABILITIES & EQUITY | $42.6B |
| Total Debt | $12.6B |
| Net Debt | $12.6B |
