| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.5B | $1.4B | -12.3% | -9.4% |
| Op. Income | $563M | $609M | $601M | -7.7% | -6.3% |
| Gross Margin | 60.4% | 56.1% | 55.8% | 4.2pp | 4.6pp |
| Net Margin | 35.4% | 20.0% | 36.6% | 15.4pp | -1.2pp |
| EPS (Diluted) | $0.68 | $0.44 | $0.75 | 55.0% | -9.7% |
| Free Cash Flow | $243M | $98M | $191M | 148.5% | 27.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $519M |
| GROSS PROFIT | $791M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $228M |
| Operating Expenses | $228M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $563M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $602M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $464M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $464M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $464M |
| D&A | $143M |
| EBIT | $688M |
| EBITDA | $831M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $519M |
| GROSS PROFIT | $791M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $228M |
| Operating Expenses | $228M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $563M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $602M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $464M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $464M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $464M |
| D&A | $143M |
| EBIT | $688M |
| EBITDA | $831M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $464M |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $36M |
| Other Non-Cash Items | -$88M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $610M |
| Capital Expenditure | -$367M |
| Acquisitions (Net) | $14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$342M |
| Net Debt Issuance | -$125M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$82M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$235M |
| FREE CASH FLOW | $243M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $0 |
| Net Receivables | $567M |
| Inventory | $140M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $14.6B |
| Goodwill | $0 |
| Intangible Assets | $213M |
| Long-Term Investments | $163M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $16.2B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $1.1B |
| Short-Term Debt | $93M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $746M |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $39M |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $7.2B |
| Net Debt | $7.0B |
