| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.9B | $2.9B | 0.7% | 1.6% |
| Op. Income | $252M | $205M | $145M | 22.9% | 73.5% |
| Gross Margin | 72.6% | 73.1% | 73.5% | -0.5pp | -0.9pp |
| Net Margin | 0.9% | 33.2% | -34.2% | -32.4pp | 35.0pp |
| EPS (Diluted) | $-0.45 | $-0.57 | $-0.77 | 21.1% | 41.6% |
| Free Cash Flow | $1.4B | $592M | $1.3B | 144.8% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $808M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $252M |
| Interest Income | $0 |
| Interest Expense | $358M |
| Other Income/Expenses | $109M |
| INCOME BEFORE TAX | $361M |
| Income Tax Expense | $675M |
| Net Income from Continuing Ops | -$314M |
| Net Income from Discontinued Ops | $366M |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$341M |
| D&A | $924M |
| EBIT | $347M |
| EBITDA | $1.3B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $808M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $508M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $252M |
| Interest Income | $0 |
| Interest Expense | $358M |
| Other Income/Expenses | $109M |
| INCOME BEFORE TAX | $361M |
| Income Tax Expense | $675M |
| Net Income from Continuing Ops | -$314M |
| Net Income from Discontinued Ops | $366M |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$341M |
| D&A | $924M |
| EBIT | $347M |
| EBITDA | $1.3B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $938M |
| Stock-Based Compensation | $75M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $859M |
| Change in Working Capital | -$135M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$315M |
| Acquisitions (Net) | -$83M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $77M |
| NET CASH FROM INVESTING | -$320M |
| Net Debt Issuance | -$208M |
| Common Stock Repurchased | -$338M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$347M |
| NET CASH FROM FINANCING | -$893M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $538M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $373M |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $922M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $13.9B |
| Goodwill | $13.7B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $5.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.5B |
| TOTAL NON-CURRENT ASSETS | $49.0B |
| TOTAL ASSETS | $53.2B |
| Account Payables | $874M |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $26.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.5B |
| TOTAL NON-CURRENT LIABILITIES | $38.7B |
| TOTAL LIABILITIES | $49.0B |
| Common Stock | $7M |
| Additional Paid-In Capital | $9.2B |
| Retained Earnings | -$5.2B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $632M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | -$533M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $53.2B |
| Total Debt | $31.2B |
| Net Debt | $29.7B |
