| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34.2B | $40.3B | — | -15.2% | — |
| Op. Income | $3.3B | $3.3B | — | -0.5% | — |
| Gross Margin | 30.4% | 27.7% | — | 2.7pp | — |
| Net Margin | 7.7% | 9.2% | — | -1.5pp | — |
| EPS (Diluted) | $1.39 | $1.95 | — | -28.7% | — |
| Free Cash Flow | $2.1B | $5.2B | — | -59.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $34.2B |
| Cost of Revenue | $23.8B |
| GROSS PROFIT | $10.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $984M |
| Other Expenses | $6.1B |
| Operating Expenses | $7.1B |
| Cost & Expenses | $30.9B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $225M |
| Other Income/Expenses | $685M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $4.2B |
| EBIT | $4.2B |
| EBITDA | $8.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $34.2B |
| Cost of Revenue | $23.8B |
| GROSS PROFIT | $10.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $984M |
| Other Expenses | $6.1B |
| Operating Expenses | $7.1B |
| Cost & Expenses | $30.9B |
| OPERATING INCOME | $3.3B |
| Interest Income | $0 |
| Interest Expense | $225M |
| Other Income/Expenses | $685M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $4.2B |
| EBIT | $4.2B |
| EBITDA | $8.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $4.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $73M |
| Other Non-Cash Items | -$546M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | -$3.0B |
| Acquisitions (Net) | $18M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $953M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | -$538M |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$3.8B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | -$786M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.7B |
| Short-Term Investments | $56M |
| Net Receivables | $14.9B |
| Inventory | $6.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33.7B |
| PP&E (Net) | $166.7B |
| Goodwill | $4.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $36.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.5B |
| TOTAL NON-CURRENT ASSETS | $223.1B |
| TOTAL ASSETS | $256.8B |
| Account Payables | $14.2B |
| Short-Term Debt | $7.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30.0B |
| Long-Term Debt | $26.1B |
| Deferred Revenue NC | $22.2B |
| Deferred Tax Liabilities | $16.1B |
| Other Non-Current Liabilities | $6.4B |
| TOTAL NON-CURRENT LIABILITIES | $70.7B |
| TOTAL LIABILITIES | $100.7B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $17.1B |
| Retained Earnings | $181.4B |
| Treasury Stock | -$41.6B |
| Accum. Other Comp. Income | -$3.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155.0B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $156.1B |
| TOTAL LIABILITIES & EQUITY | $256.8B |
| Total Debt | $33.1B |
| Net Debt | $24.4B |
