| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.5B | $16.2B | $21.6B | -41.2% | -55.8% |
| Op. Income | -$3.1B | -$1.3B | $2.6B | -144.7% | -220.1% |
| Gross Margin | 8.1% | 2.3% | 16.8% | 5.8pp | -8.7pp |
| Net Margin | -54.0% | -21.1% | 2.3% | -32.9pp | -56.3pp |
| EPS (Diluted) | $-2.88 | $-1.92 | $0.28 | -50.0% | -1125.0% |
| Free Cash Flow | $497M | -$719M | $2.9B | 169.1% | -83.1% |
| Item | Amount |
|---|---|
| REVENUE | $9.5B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $775M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $823M |
| SG&A Expenses | $823M |
| Other Expenses | $3.1B |
| Operating Expenses | $3.9B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | -$3.1B |
| Interest Income | $1.1B |
| Interest Expense | $1.2B |
| Other Income/Expenses | -$710M |
| INCOME BEFORE TAX | -$3.8B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | -$5.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5.2B |
| D&A | $2.3B |
| EBIT | -$2.6B |
| EBITDA | -$271M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$5.2B |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.3B |
| Other Non-Cash Items | $3.2B |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | $3.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | $497M |
| Net Change in Cash | $3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.6B |
| Short-Term Investments | $7.1B |
| Net Receivables | $14.4B |
| Inventory | $4.9B |
| Other Current Assets | $5.5B |
| TOTAL CURRENT ASSETS | $37.3B |
| PP&E (Net) | $74.7B |
| Goodwill | $1.6B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $9.8B |
| Tax Assets | $5.6B |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $97.2B |
| TOTAL ASSETS | $134.6B |
| Account Payables | $16.8B |
| Short-Term Debt | $5.4B |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $29.9B |
| Long-Term Debt | $26.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.0B |
| Other Non-Current Liabilities | $20.1B |
| TOTAL NON-CURRENT LIABILITIES | $59.2B |
| TOTAL LIABILITIES | $89.1B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $31.7B |
| Treasury Stock | -$679M |
| Accum. Other Comp. Income | $9.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.3B |
| Minority Interest | $84M |
| TOTAL EQUITY | $45.4B |
| TOTAL LIABILITIES & EQUITY | $134.6B |
| Total Debt | $38.6B |
| Net Debt | $31.0B |
