| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.2B | 5.3% | 6.5% |
| Op. Income | $459M | $395M | $447M | 16.1% | 2.6% |
| Gross Margin | 53.0% | 50.5% | 49.2% | 2.4pp | 3.8pp |
| Net Margin | 24.9% | 20.9% | 29.2% | 4.0pp | -4.3pp |
| EPS (Diluted) | $0.45 | $0.35 | $0.48 | 27.1% | -6.2% |
| Free Cash Flow | $218M | $114M | $194M | 91.0% | 12.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $602M |
| GROSS PROFIT | $678M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $219M |
| Operating Expenses | $219M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $459M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $408M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $126M |
| EBIT | $490M |
| EBITDA | $616M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $602M |
| GROSS PROFIT | $678M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $219M |
| Operating Expenses | $219M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $459M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $408M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $126M |
| EBIT | $490M |
| EBITDA | $616M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $319M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $520M |
| Capital Expenditure | -$302M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$298M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$191M |
| Common Dividends Paid | -$59M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$279M |
| FREE CASH FLOW | $218M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $502M |
| Inventory | $117M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $731M |
| PP&E (Net) | $12.9B |
| Goodwill | $0 |
| Intangible Assets | $143M |
| Long-Term Investments | $141M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $887M |
| Short-Term Debt | $400M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $707M |
| TOTAL NON-CURRENT LIABILITIES | $9.0B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $6.2B |
| Net Debt | $6.2B |
