| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.3B | -1.3% | 15.6% |
| Op. Income | $609M | $650M | $397M | -6.3% | 53.6% |
| Gross Margin | 56.1% | 57.3% | 47.3% | -1.1pp | 8.8pp |
| Net Margin | 20.0% | 32.1% | 24.6% | -12.1pp | -4.5pp |
| EPS (Diluted) | $0.44 | $0.70 | $0.45 | -37.5% | -3.2% |
| Free Cash Flow | $98M | $390M | $138M | -74.9% | -29.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $655M |
| GROSS PROFIT | $838M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $229M |
| Operating Expenses | $229M |
| Cost & Expenses | $884M |
| OPERATING INCOME | $609M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | -$175M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $140M |
| EBIT | $517M |
| EBITDA | $658M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $655M |
| GROSS PROFIT | $838M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $229M |
| Operating Expenses | $229M |
| Cost & Expenses | $884M |
| OPERATING INCOME | $609M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | -$175M |
| INCOME BEFORE TAX | $434M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $140M |
| EBIT | $517M |
| EBITDA | $658M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $299M |
| Depreciation & Amortization | $140M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$167M |
| OPERATING CASH FLOW | $357M |
| Capital Expenditure | -$259M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$265M |
| Net Debt Issuance | $392M |
| Common Stock Repurchased | -$366M |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $0 |
| Net Receivables | $647M |
| Inventory | $129M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $14.5B |
| Goodwill | $0 |
| Intangible Assets | $163M |
| Long-Term Investments | $270M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $16.1B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $1.1B |
| Short-Term Debt | $242M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $753M |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $37M |
| Retained Earnings | $5.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $7.6B |
| Net Debt | $7.4B |
