| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $3.0B | $2.9B | -25.8% | -22.4% |
| Op. Income | $162M | $546M | $303M | -70.3% | -46.5% |
| Gross Margin | 25.4% | 33.4% | 24.6% | -7.9pp | 0.9pp |
| Net Margin | 12.4% | 11.3% | 6.3% | 1.1pp | 6.1pp |
| EPS (Diluted) | $132.00 | $1.77 | $0.99 | 7357.6% | 13233.3% |
| Free Cash Flow | -$215M | -$126M | -$113M | -70.6% | -90.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $570M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $408M |
| Operating Expenses | $408M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $162M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | $161M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $350M |
| EBIT | $211M |
| EBITDA | $561M |
| EPS | $1 |
| EPS Diluted | $132 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $570M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $408M |
| Operating Expenses | $408M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $162M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | $161M |
| INCOME BEFORE TAX | $323M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $350M |
| EBIT | $211M |
| EBITDA | $561M |
| EPS | $1 |
| EPS Diluted | $132 |
| Item | Amount |
|---|---|
| Net Income | $277M |
| Depreciation & Amortization | $350M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $77M |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $620M |
| Capital Expenditure | -$835M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$843M |
| Net Debt Issuance | $593M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$195M |
| Other Financing Activities | -$230M |
| NET CASH FROM FINANCING | $168M |
| FREE CASH FLOW | -$215M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $621M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $785M |
| Other Current Assets | $345M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $26.9B |
| Goodwill | $2.5B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $40.2B |
| TOTAL ASSETS | $43.7B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $384M |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $17.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.8B |
| Other Non-Current Liabilities | $7.4B |
| TOTAL NON-CURRENT LIABILITIES | $27.7B |
| TOTAL LIABILITIES | $31.8B |
| Common Stock | $5.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$141M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.7B |
| Minority Interest | $168M |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $43.7B |
| Total Debt | $19.1B |
| Net Debt | $18.5B |
