| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.2B | $19.0B | $21.7B | -14.4% | -25.2% |
| Op. Income | -$1.3B | -$208M | $2.9B | -515.2% | -143.5% |
| Gross Margin | 2.3% | 13.0% | 17.6% | -10.6pp | -15.2pp |
| Net Margin | -21.1% | -11.7% | 5.9% | -9.5pp | -27.0pp |
| EPS (Diluted) | $-1.92 | $-1.24 | $0.70 | -54.7% | -373.3% |
| Free Cash Flow | -$719M | $1.7B | -$166M | -141.4% | -333.1% |
| Item | Amount |
|---|---|
| REVENUE | $16.2B |
| Cost of Revenue | $15.8B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $980M |
| SG&A Expenses | $980M |
| Other Expenses | $679M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $17.5B |
| OPERATING INCOME | -$1.3B |
| Interest Income | $1.5B |
| Interest Expense | $1.8B |
| Other Income/Expenses | -$1.5B |
| INCOME BEFORE TAX | -$2.8B |
| Income Tax Expense | $624M |
| Net Income from Continuing Ops | -$3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.4B |
| D&A | $2.2B |
| EBIT | -$1.0B |
| EBITDA | $1.2B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3.4B |
| Depreciation & Amortization | $2.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $624M |
| Other Non-Cash Items | $939M |
| Change in Working Capital | $801M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | -$116M |
| Purchases of Investments | -$151M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$968M |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$820M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$820M |
| FREE CASH FLOW | -$719M |
| Net Change in Cash | -$2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $8.5B |
| Net Receivables | $16.5B |
| Inventory | $4.9B |
| Other Current Assets | $7.1B |
| TOTAL CURRENT ASSETS | $41.6B |
| PP&E (Net) | $86.7B |
| Goodwill | $0 |
| Intangible Assets | $3.7B |
| Long-Term Investments | $13.1B |
| Tax Assets | $6.4B |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $112.3B |
| TOTAL ASSETS | $154.0B |
| Account Payables | $17.7B |
| Short-Term Debt | $7.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.9B |
| TOTAL CURRENT LIABILITIES | $36.2B |
| Long-Term Debt | $25.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.8B |
| Other Non-Current Liabilities | $21.3B |
| TOTAL NON-CURRENT LIABILITIES | $59.5B |
| TOTAL LIABILITIES | $95.7B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $42.5B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | $11.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.1B |
| Minority Interest | $139M |
| TOTAL EQUITY | $58.2B |
| TOTAL LIABILITIES & EQUITY | $154.0B |
| Total Debt | $38.5B |
| Net Debt | $33.9B |
