| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.7B | $9.4B | — | 3.2% | — |
| Op. Income | $1.7B | $1.9B | — | -12.8% | — |
| Gross Margin | 30.0% | 33.0% | — | -3.0pp | — |
| Net Margin | 13.8% | 15.4% | — | -1.6pp | — |
| EPS (Diluted) | $0.63 | $0.69 | — | -8.5% | — |
| Free Cash Flow | $911M | $393M | — | 131.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $2.9B |
| 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 | $8.0B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $466M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $319M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $615M |
| EBIT | $2.1B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $2.9B |
| 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 | $8.0B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $466M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $319M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $615M |
| EBIT | $2.1B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $615M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $273M |
| Other Non-Cash Items | -$395M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$911M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $53M |
| NET CASH FROM INVESTING | -$957M |
| Net Debt Issuance | $360M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$846M |
| FREE CASH FLOW | $911M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $517M |
| Short-Term Investments | $0 |
| Net Receivables | $4.6B |
| Inventory | $938M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $68.1B |
| Goodwill | $24.4B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $12.1B |
| Tax Assets | $880M |
| Other Non-Current Assets | $7.3B |
| TOTAL NON-CURRENT ASSETS | $114.3B |
| TOTAL ASSETS | $120.5B |
| Account Payables | $4.5B |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $761M |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $43.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.1B |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $57.5B |
| TOTAL LIABILITIES | $67.2B |
| Common Stock | $47.3B |
| Additional Paid-In Capital | $142M |
| Retained Earnings | -$2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50.7B |
| Minority Interest | $2.5B |
| TOTAL EQUITY | $53.2B |
| TOTAL LIABILITIES & EQUITY | $120.5B |
| Total Debt | $47.9B |
| Net Debt | $47.4B |
