| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.3B | $3.2B | 14.7% | 16.0% |
| Op. Income | $497M | $367M | $569M | 35.4% | -12.7% |
| Gross Margin | 23.9% | 23.0% | 29.1% | 1.0pp | -5.2pp |
| Net Margin | 9.6% | 8.8% | 12.3% | 0.8pp | -2.7pp |
| EPS (Diluted) | $2.00 | $1.60 | $2.23 | 25.0% | -10.3% |
| Free Cash Flow | $311M | -$111M | $232M | 380.2% | 34.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $898M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $497M |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $351M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $296M |
| EBIT | $554M |
| EBITDA | $793M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $898M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $497M |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $351M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $296M |
| EBIT | $554M |
| EBITDA | $793M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $361M |
| Depreciation & Amortization | $296M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $60M |
| Other Non-Cash Items | -$108M |
| Change in Working Capital | $280M |
| OPERATING CASH FLOW | $838M |
| Capital Expenditure | -$527M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$586M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$158M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | $311M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $597M |
| Other Current Assets | $487M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $20.9B |
| Goodwill | $2.3B |
| Intangible Assets | $867M |
| Long-Term Investments | $1.4B |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $30.9B |
| TOTAL ASSETS | $33.8B |
| Account Payables | $920M |
| Short-Term Debt | $741M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $748M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $12.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $20.9B |
| TOTAL LIABILITIES | $23.5B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $475M |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $33.8B |
| Total Debt | $12.9B |
| Net Debt | $12.8B |
