| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.3B | — | -21.3% | — |
| Op. Income | $175M | $358M | — | -51.2% | — |
| Gross Margin | 38.7% | 44.1% | — | -5.3pp | — |
| Net Margin | 6.8% | 15.4% | — | -8.6pp | — |
| EPS (Diluted) | $0.28 | $0.86 | — | -67.5% | — |
| Free Cash Flow | -$132M | $61M | — | -314.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $403M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $221M |
| Operating Expenses | $228M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $167M |
| EBIT | $168M |
| EBITDA | $335M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $403M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $221M |
| Operating Expenses | $228M |
| Cost & Expenses | $865M |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $167M |
| EBIT | $168M |
| EBITDA | $335M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $79M |
| OPERATING CASH FLOW | $315M |
| Capital Expenditure | -$447M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$730.8K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$436M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $291M |
| NET CASH FROM FINANCING | $91M |
| FREE CASH FLOW | -$132M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $0 |
| Net Receivables | $825M |
| Inventory | $309M |
| Other Current Assets | $242M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $13.3B |
| Goodwill | $4.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $958M |
| Tax Assets | $105M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $22.0B |
| Account Payables | $808M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $531M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $9.8B |
| Deferred Revenue NC | $2.1B |
| Deferred Tax Liabilities | $842M |
| Other Non-Current Liabilities | $450M |
| TOTAL NON-CURRENT LIABILITIES | $13.3B |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $729M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $29M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $22.0B |
| Total Debt | $11.4B |
| Net Debt | $11.2B |
