| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | — | $3.8B | — | 8.6% |
| Op. Income | $602M | — | $605M | — | -0.6% |
| Gross Margin | 32.8% | — | 34.8% | — | -2.0pp |
| Net Margin | 9.6% | — | 10.7% | — | -1.2pp |
| EPS (Diluted) | $0.65 | — | $0.69 | — | -5.8% |
| Free Cash Flow | $495M | — | $474M | — | 4.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $743M |
| Other Expenses | -$1M |
| Operating Expenses | $741M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $602M |
| Interest Income | $0 |
| Interest Expense | $131M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $507M |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $396M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $392M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $392M |
| D&A | $155M |
| EBIT | $600M |
| EBITDA | $755M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $743M |
| Other Expenses | -$1M |
| Operating Expenses | $741M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $602M |
| Interest Income | $0 |
| Interest Expense | $131M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $507M |
| Income Tax Expense | $111M |
| Net Income from Continuing Ops | $396M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $392M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $392M |
| D&A | $155M |
| EBIT | $600M |
| EBITDA | $755M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $396M |
| Depreciation & Amortization | $155M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $607M |
| Capital Expenditure | -$113M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$140M |
| Net Debt Issuance | -$190M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$294M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | -$423M |
| FREE CASH FLOW | $495M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $433M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $4.0B |
| Goodwill | $14.0B |
| Intangible Assets | $7.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $963M |
| TOTAL NON-CURRENT ASSETS | $26.4B |
| TOTAL ASSETS | $30.6B |
| Account Payables | $2.7B |
| Short-Term Debt | $2.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $12.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $16.0B |
| TOTAL LIABILITIES | $23.2B |
| Common Stock | $76M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $14.5B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $30.6B |
| Total Debt | $15.6B |
| Net Debt | $15.2B |
