| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.3B | 5.7% | 17.1% |
| Op. Income | $639M | $577M | $669M | 10.6% | -4.6% |
| Gross Margin | 58.8% | 57.3% | 60.8% | 1.5pp | -2.0pp |
| Net Margin | 27.2% | 32.8% | 57.4% | -5.6pp | -30.3pp |
| EPS (Diluted) | $0.56 | $0.64 | $0.99 | -11.5% | -43.0% |
| Free Cash Flow | $339M | $178M | $210M | 90.9% | 61.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $604M |
| GROSS PROFIT | $862M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $188M |
| Operating Expenses | $224M |
| Cost & Expenses | $827M |
| OPERATING INCOME | $639M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $540M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $398M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $398M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $132M |
| EBIT | $625M |
| EBITDA | $756M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $604M |
| GROSS PROFIT | $862M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $188M |
| Operating Expenses | $224M |
| Cost & Expenses | $827M |
| OPERATING INCOME | $639M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $540M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $398M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $398M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $132M |
| EBIT | $625M |
| EBITDA | $756M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $398M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $74M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $96M |
| OPERATING CASH FLOW | $680M |
| Capital Expenditure | -$341M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | -$284M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$398M |
| Common Dividends Paid | -$68M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$466M |
| FREE CASH FLOW | $339M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $596M |
| Inventory | $126M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $816M |
| PP&E (Net) | $13.5B |
| Goodwill | $142M |
| Intangible Assets | $6M |
| Long-Term Investments | $148M |
| Tax Assets | $156M |
| Other Non-Current Assets | $960M |
| TOTAL NON-CURRENT ASSETS | $14.9B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $346M |
| Short-Term Debt | $370M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $580M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $671M |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $31M |
| Retained Earnings | $4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $6.4B |
| Net Debt | $6.3B |
