| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.4B | — | $23.4B | — | -0.1% |
| Op. Income | $1.3B | — | $735M | — | 73.6% |
| Gross Margin | 25.8% | — | 23.7% | — | 2.1pp |
| Net Margin | -40.3% | — | -97.3% | — | 57.0pp |
| EPS (Diluted) | $-8.64 | — | $-20.96 | — | 58.8% |
| Free Cash Flow | $612M | — | -$4.1B | — | 114.8% |
| Item | Amount |
|---|---|
| REVENUE | $23.4B |
| Cost of Revenue | $17.3B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.8B |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $22.1B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $1.3B |
| Other Income/Expenses | -$2.5B |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | -$8.1B |
| Other Adjustments | $0 |
| NET INCOME | -$9.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9.5B |
| D&A | $1.5B |
| EBIT | $59M |
| EBITDA | $1.6B |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$9.4B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | $8.2B |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $1.6B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $720M |
| NET CASH FROM INVESTING | $1.7B |
| Net Debt Issuance | -$7.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$87M |
| Other Financing Activities | -$365M |
| NET CASH FROM FINANCING | -$7.5B |
| FREE CASH FLOW | $612M |
| Net Change in Cash | -$4.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27.8B |
| Short-Term Investments | $0 |
| Net Receivables | $26.7B |
| Inventory | $15.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $69.7B |
| PP&E (Net) | $45.9B |
| Goodwill | $26.7B |
| Intangible Assets | $10.8B |
| Long-Term Investments | $59.4B |
| Tax Assets | $9.6B |
| Other Non-Current Assets | $41.0B |
| TOTAL NON-CURRENT ASSETS | $193.3B |
| TOTAL ASSETS | $263.0B |
| Account Payables | $14.5B |
| Short-Term Debt | $17.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.7B |
| TOTAL CURRENT LIABILITIES | $64.5B |
| Long-Term Debt | $76.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $89.8B |
| TOTAL NON-CURRENT LIABILITIES | $169.0B |
| TOTAL LIABILITIES | $233.4B |
| Common Stock | $702M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $87.2B |
| Treasury Stock | -$82.9B |
| Accum. Other Comp. Income | $23.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.9B |
| Minority Interest | $1.6B |
| TOTAL EQUITY | $29.6B |
| TOTAL LIABILITIES & EQUITY | $263.0B |
| Total Debt | $96.4B |
| Net Debt | $68.6B |
