| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.4B | — | $9.3B | — | 1.0% |
| Op. Income | $1.9B | — | $642M | — | 198.3% |
| Gross Margin | 33.0% | — | 28.1% | — | 4.9pp |
| Net Margin | 15.4% | — | 4.2% | — | 11.3pp |
| EPS (Diluted) | $0.69 | — | $0.19 | — | 261.5% |
| Free Cash Flow | $393M | — | $951M | — | -58.6% |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $3.1B |
| 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 | $7.5B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $501M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $427M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $614M |
| EBIT | $2.4B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $3.1B |
| 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 | $7.5B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $501M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $427M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $614M |
| EBIT | $2.4B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $614M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $318M |
| Other Non-Cash Items | -$305M |
| Change in Working Capital | -$487M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $102M |
| Purchases of Investments | -$413M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$219M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | $393M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $513M |
| Short-Term Investments | $0 |
| Net Receivables | $4.8B |
| Inventory | $765M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $68.6B |
| Goodwill | $24.8B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $12.4B |
| Tax Assets | $944M |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $115.6B |
| TOTAL ASSETS | $121.7B |
| Account Payables | $5.4B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $44.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.1B |
| Other Non-Current Liabilities | $6.1B |
| TOTAL NON-CURRENT LIABILITIES | $58.1B |
| TOTAL LIABILITIES | $67.7B |
| Common Stock | $47.3B |
| Additional Paid-In Capital | $53M |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51.4B |
| Minority Interest | $2.6B |
| TOTAL EQUITY | $54.0B |
| TOTAL LIABILITIES & EQUITY | $121.7B |
| Total Debt | $48.1B |
| Net Debt | $47.6B |