| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.0B | $19.5B | — | -2.8% | — |
| Op. Income | -$208M | $2.2B | — | -109.6% | — |
| Gross Margin | 13.0% | 14.6% | — | -1.6pp | — |
| Net Margin | -11.7% | 3.1% | — | -14.8pp | — |
| EPS (Diluted) | $-1.24 | $0.35 | — | -453.3% | — |
| Free Cash Flow | $1.7B | $182M | — | 851.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $19.0B |
| Cost of Revenue | $16.5B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $863M |
| SG&A Expenses | $863M |
| Other Expenses | $1.8B |
| Operating Expenses | $2.7B |
| Cost & Expenses | $19.2B |
| OPERATING INCOME | -$208M |
| Interest Income | $888M |
| Interest Expense | $1.1B |
| Other Income/Expenses | -$296M |
| INCOME BEFORE TAX | -$504M |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | -$2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.2B |
| D&A | $2.6B |
| EBIT | $617M |
| EBITDA | $3.2B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2.2B |
| Depreciation & Amortization | $2.6B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.7B |
| Other Non-Cash Items | $152M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$2.6B |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | $386M |
| Common Stock Repurchased | -$208M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $175M |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.9B |
| Short-Term Investments | $8.9B |
| Net Receivables | $18.2B |
| Inventory | $6.2B |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $45.8B |
| PP&E (Net) | $88.6B |
| Goodwill | $1.7B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $14.7B |
| Tax Assets | $11.8B |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $122.3B |
| TOTAL ASSETS | $168.1B |
| Account Payables | $20.4B |
| Short-Term Debt | $8.5B |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $38.9B |
| Long-Term Debt | $24.8B |
| Deferred Revenue NC | $598M |
| Deferred Tax Liabilities | $12.6B |
| Other Non-Current Liabilities | $22.1B |
| TOTAL NON-CURRENT LIABILITIES | $66.4B |
| TOTAL LIABILITIES | $105.3B |
| Common Stock | $5.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $49.3B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | $9.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62.8B |
| Minority Interest | $80M |
| TOTAL EQUITY | $62.9B |
| TOTAL LIABILITIES & EQUITY | $168.1B |
| Total Debt | $39.6B |
| Net Debt | $31.7B |
