| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.0B | $4.7B | 7.0% | -7.2% |
| Op. Income | $1.2B | $906M | $1.2B | 29.3% | -1.0% |
| Gross Margin | 29.1% | 25.6% | 30.0% | 3.5pp | -0.9pp |
| Net Margin | 47.7% | 17.3% | 15.4% | 30.4pp | 32.4pp |
| EPS (Diluted) | $0.87 | $0.29 | $0.29 | 197.5% | 197.5% |
| Free Cash Flow | $1.5B | $93M | $1.2B | 1470.1% | 18.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $34M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $144M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | -$936M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $955M |
| EBIT | $1.3B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $34M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $144M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | -$936M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $955M |
| EBIT | $1.3B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$5M |
| Deferred Income Tax | -$992M |
| Other Non-Cash Items | $851M |
| Change in Working Capital | $168M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$607M |
| Acquisitions (Net) | -$2.5B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$162M |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | -$286M |
| Common Dividends Paid | -$328M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $225M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $291M |
| Short-Term Investments | $400M |
| Net Receivables | $1.6B |
| Inventory | $869M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $53.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $974M |
| TOTAL NON-CURRENT ASSETS | $54.3B |
| TOTAL ASSETS | $57.7B |
| Account Payables | $675M |
| Short-Term Debt | $2.9B |
| Deferred Revenue | -$47M |
| Other Current Liabilities | $162M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $14.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4B |
| Other Non-Current Liabilities | $5.2B |
| TOTAL NON-CURRENT LIABILITIES | $26.9B |
| TOTAL LIABILITIES | $32.7B |
| Common Stock | $6.8B |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $18.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | -$6.8B |
| TOTAL STOCKHOLDERS' EQUITY | $25.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.0B |
| TOTAL LIABILITIES & EQUITY | $57.7B |
| Total Debt | $17.2B |
| Net Debt | $16.9B |
