| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.8B | $2.9B | -15.8% | 10.6% |
| Op. Income | $321M | $497M | $306M | -35.4% | 4.9% |
| Gross Margin | 22.1% | 23.9% | 23.4% | -1.8pp | -1.3pp |
| Net Margin | 7.4% | 9.6% | 6.2% | -2.2pp | 1.2pp |
| EPS (Diluted) | $1.29 | $2.00 | $0.99 | -35.5% | 30.3% |
| Free Cash Flow | -$35M | $311M | -$85M | -111.3% | 58.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $699M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $312M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $321M |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $282M |
| EBIT | $321M |
| EBITDA | $603M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $699M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $312M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $321M |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $282M |
| EBIT | $321M |
| EBITDA | $603M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $234M |
| Depreciation & Amortization | $282M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $595M |
| Capital Expenditure | -$630M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$164M |
| NET CASH FROM INVESTING | -$794M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$151M |
| Other Financing Activities | $250M |
| NET CASH FROM FINANCING | $99M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $675M |
| Other Current Assets | $467M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $21.2B |
| Goodwill | $2.3B |
| Intangible Assets | $862M |
| Long-Term Investments | $1.6B |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $31.4B |
| TOTAL ASSETS | $34.3B |
| Account Payables | $1.1B |
| Short-Term Debt | $479M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $848M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $12.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $21.5B |
| TOTAL LIABILITIES | $24.0B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$121M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.8B |
| Minority Interest | $474M |
| TOTAL EQUITY | $10.3B |
| TOTAL LIABILITIES & EQUITY | $34.3B |
| Total Debt | $13.2B |
| Net Debt | $13.1B |
