| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | $2.9B | -3.6% | 0.3% |
| Op. Income | $281M | $283M | $106M | -0.7% | 166.0% |
| Gross Margin | 70.3% | 71.5% | 72.1% | -1.2pp | -1.8pp |
| Net Margin | 33.0% | -46.5% | 0.2% | 79.5pp | 32.8pp |
| EPS (Diluted) | $1.50 | $-2.21 | $-0.43 | 167.9% | 448.8% |
| Free Cash Flow | $102M | $1.2B | $434M | -91.1% | -76.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $855M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $503M |
| Other Expenses | $1.2B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $281M |
| Interest Income | $0 |
| Interest Expense | $313M |
| Other Income/Expenses | $817M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $950M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $950M |
| D&A | $784M |
| EBIT | $318M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $855M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $503M |
| Other Expenses | $1.2B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $281M |
| Interest Income | $0 |
| Interest Expense | $313M |
| Other Income/Expenses | $817M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $950M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $950M |
| D&A | $784M |
| EBIT | $318M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $950M |
| Depreciation & Amortization | $796M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$863M |
| Change in Working Capital | -$488M |
| OPERATING CASH FLOW | $450M |
| Capital Expenditure | -$348M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | -$480M |
| Common Stock Repurchased | -$199M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$104M |
| NET CASH FROM FINANCING | -$783M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $1.6B |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $9.8B |
| PP&E (Net) | $13.6B |
| Goodwill | $13.4B |
| Intangible Assets | $490M |
| Long-Term Investments | $7.0B |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $775M |
| TOTAL NON-CURRENT ASSETS | $37.5B |
| TOTAL ASSETS | $47.3B |
| Account Payables | $723M |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $765M |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $22.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $26.2B |
| TOTAL LIABILITIES | $34.3B |
| Common Stock | $6M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | $7.3B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.2B |
| Minority Interest | -$332M |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $47.3B |
| Total Debt | $27.9B |
| Net Debt | $22.5B |
