| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $4.0B | $3.8B | -13.6% | -9.2% |
| Op. Income | $474M | $446M | $576M | 6.2% | -17.8% |
| Gross Margin | 39.7% | 37.0% | 36.2% | 2.7pp | 3.6pp |
| Net Margin | 12.6% | 13.8% | 13.2% | -1.2pp | -0.6pp |
| EPS (Diluted) | $0.34 | $0.43 | $0.39 | -21.0% | -13.4% |
| Free Cash Flow | $1.0B | $1.0B | $338M | 0.9% | 201.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $698M |
| Other Expenses | $193M |
| Operating Expenses | $891M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $474M |
| Interest Income | $425M |
| Interest Expense | $164M |
| Other Income/Expenses | $145M |
| INCOME BEFORE TAX | $619M |
| Income Tax Expense | $181M |
| Net Income from Continuing Ops | $438M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $434M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $434M |
| D&A | $464M |
| EBIT | $679M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $698M |
| Other Expenses | $193M |
| Operating Expenses | $891M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $474M |
| Interest Income | $425M |
| Interest Expense | $164M |
| Other Income/Expenses | $145M |
| INCOME BEFORE TAX | $619M |
| Income Tax Expense | $181M |
| Net Income from Continuing Ops | $438M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $434M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $434M |
| D&A | $464M |
| EBIT | $679M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $434M |
| Depreciation & Amortization | $464M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $466M |
| Change in Working Capital | -$312M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $70M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$958M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $110M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$369M |
| Other Financing Activities | $369M |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | -$882M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $0 |
| Net Receivables | $29.7B |
| Inventory | $784M |
| Other Current Assets | $975M |
| TOTAL CURRENT ASSETS | $37.9B |
| PP&E (Net) | $5.2B |
| Goodwill | $2.6B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $15.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.6B |
| TOTAL NON-CURRENT ASSETS | $39.8B |
| TOTAL ASSETS | $77.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $25.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25.6B |
| TOTAL NON-CURRENT LIABILITIES | $53.1B |
| TOTAL LIABILITIES | $59.2B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $16.1B |
| Treasury Stock | -$476M |
| Accum. Other Comp. Income | -$513M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.1B |
| Minority Interest | $429M |
| TOTAL EQUITY | $18.5B |
| TOTAL LIABILITIES & EQUITY | $77.7B |
| Total Debt | $29.8B |
| Net Debt | $23.4B |
