| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.1B | $3.5B | -4.0% | -14.0% |
| Op. Income | $546M | $415M | $533M | 31.6% | 2.4% |
| Gross Margin | 33.4% | 28.0% | 27.2% | 5.3pp | 6.1pp |
| Net Margin | 11.3% | 8.5% | 11.4% | 2.8pp | -0.1pp |
| EPS (Diluted) | $1.77 | $1.40 | $2.19 | 26.4% | -19.2% |
| Free Cash Flow | -$126M | -$89M | $84M | -41.6% | -250.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $462M |
| Operating Expenses | $462M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $546M |
| Interest Income | $0 |
| Interest Expense | $165M |
| Other Income/Expenses | -$155M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $342M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $340M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $366M |
| EBIT | $527M |
| EBITDA | $893M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $462M |
| Operating Expenses | $462M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $546M |
| Interest Income | $0 |
| Interest Expense | $165M |
| Other Income/Expenses | -$155M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $342M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $340M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $366M |
| EBIT | $527M |
| EBITDA | $893M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $339M |
| Depreciation & Amortization | $366M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $213M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $142M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | -$114M |
| Purchases of Investments | -$453M |
| Sales/Maturities of Investments | $439M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$195M |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | $854M |
| FREE CASH FLOW | -$126M |
| Net Change in Cash | $583M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $676M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $707M |
| Other Current Assets | $401M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $26.4B |
| Goodwill | $2.5B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $39.7B |
| TOTAL ASSETS | $43.2B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $382M |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $17.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $7.4B |
| TOTAL NON-CURRENT LIABILITIES | $27.3B |
| TOTAL LIABILITIES | $31.2B |
| Common Stock | $5.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$145M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.8B |
| Minority Interest | $166M |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $43.2B |
| Total Debt | $18.7B |
| Net Debt | $18.0B |
