| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 1.1% | 0.6% |
| Op. Income | $396M | $315M | $358M | 25.8% | 10.6% |
| Gross Margin | 46.8% | 41.4% | 44.1% | 5.5pp | 2.8pp |
| Net Margin | 17.8% | 12.8% | 15.4% | 4.9pp | 2.4pp |
| EPS (Diluted) | $0.96 | $0.71 | $0.86 | 36.1% | 12.8% |
| Free Cash Flow | -$113M | -$235M | $61M | 51.7% | -284.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $707M |
| GROSS PROFIT | $622M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $226M |
| Operating Expenses | $226M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $396M |
| Interest Income | $0 |
| Interest Expense | $138M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $167M |
| EBIT | $396M |
| EBITDA | $563M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $707M |
| GROSS PROFIT | $622M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $226M |
| Operating Expenses | $226M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $396M |
| Interest Income | $0 |
| Interest Expense | $138M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $237M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $167M |
| EBIT | $396M |
| EBITDA | $563M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $237M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $294M |
| Capital Expenditure | -$407M |
| Acquisitions (Net) | $629M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $218M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$66M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | -$113M |
| Net Change in Cash | $482M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $715M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $292M |
| Other Current Assets | $286M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $12.7B |
| Goodwill | $4.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $943M |
| Tax Assets | $97M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $20.9B |
| TOTAL ASSETS | $23.2B |
| Account Payables | $703M |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $657M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $9.5B |
| Deferred Revenue NC | $2.7B |
| Deferred Tax Liabilities | $772M |
| Other Non-Current Liabilities | $543M |
| TOTAL NON-CURRENT LIABILITIES | $13.6B |
| TOTAL LIABILITIES | $17.0B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $913M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $29M |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $23.2B |
| Total Debt | $11.6B |
| Net Debt | $10.9B |
