| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | — | $8.1B | — | 14.2% |
| Op. Income | $642M | — | $992M | — | -35.3% |
| Gross Margin | 28.1% | — | 26.1% | — | 2.0pp |
| Net Margin | 4.2% | — | 6.5% | — | -2.3pp |
| EPS (Diluted) | $0.19 | — | $0.39 | — | -51.9% |
| Free Cash Flow | $951M | — | -$145M | — | 757.1% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $7.9B |
| OPERATING INCOME | $642M |
| Interest Income | $0 |
| Interest Expense | $479M |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | $319M |
| Income Tax Expense | -$53M |
| Net Income from Continuing Ops | $373M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $390M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $325M |
| D&A | $602M |
| EBIT | $799M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $7.9B |
| OPERATING INCOME | $642M |
| Interest Income | $0 |
| Interest Expense | $479M |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | $319M |
| Income Tax Expense | -$53M |
| Net Income from Continuing Ops | $373M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $390M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $325M |
| D&A | $602M |
| EBIT | $799M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $390M |
| Depreciation & Amortization | $602M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$107M |
| Other Non-Cash Items | $995M |
| Change in Working Capital | $455M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$153M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$558M |
| Other Financing Activities | -$260M |
| NET CASH FROM FINANCING | -$737M |
| FREE CASH FLOW | $951M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $446M |
| Short-Term Investments | $0 |
| Net Receivables | $4.6B |
| Inventory | $637M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $67.6B |
| Goodwill | $25.7B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $12.7B |
| Tax Assets | $864M |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $113.7B |
| TOTAL ASSETS | $119.5B |
| Account Payables | $5.0B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $433M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $44.7B |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $7.2B |
| Other Non-Current Liabilities | $3.3B |
| TOTAL NON-CURRENT LIABILITIES | $60.8B |
| TOTAL LIABILITIES | $70.1B |
| Common Stock | $37.4B |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $240M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44.9B |
| Minority Interest | $4.4B |
| TOTAL EQUITY | $49.3B |
| TOTAL LIABILITIES & EQUITY | $119.5B |
| Total Debt | $48.5B |
| Net Debt | $48.0B |
