| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.4B | $14.3B | $15.1B | 0.6% | -4.8% |
| Op. Income | $1.9B | $2.0B | $1.9B | -5.7% | -0.4% |
| Gross Margin | 13.5% | 13.4% | 10.7% | 0.1pp | 2.8pp |
| Net Margin | 8.7% | 10.3% | -4.2% | -1.6pp | 12.9pp |
| EPS (Diluted) | $4.39 | $5.14 | $-2.25 | -14.6% | 295.1% |
| Free Cash Flow | $1.8B | $22M | $1.0B | 7890.9% | 74.9% |
| Item | Amount |
|---|---|
| REVENUE | $14.4B |
| Cost of Revenue | $12.5B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $12.6B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $171M |
| Other Income/Expenses | -$368M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $304M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $14.4B |
| Cost of Revenue | $12.5B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $12.6B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $171M |
| Other Income/Expenses | -$368M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $230M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $304M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $304M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$244M |
| Other Non-Cash Items | $169M |
| Change in Working Capital | $710M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$459M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | -$402M |
| Net Debt Issuance | -$640M |
| Common Stock Repurchased | -$666M |
| Common Dividends Paid | -$622M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$125M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $772M |
| Short-Term Investments | $0 |
| Net Receivables | $11.9B |
| Inventory | $3.0B |
| Other Current Assets | $418M |
| TOTAL CURRENT ASSETS | $16.1B |
| PP&E (Net) | $6.1B |
| Goodwill | $10.8B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $1.2B |
| Tax Assets | $3.2B |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $28.8B |
| TOTAL ASSETS | $44.9B |
| Account Payables | $2.4B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $6.5B |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $14.4B |
| Long-Term Debt | $12.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16.4B |
| TOTAL NON-CURRENT LIABILITIES | $29.0B |
| TOTAL LIABILITIES | $43.4B |
| Common Stock | $281M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $15.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $55M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $44.9B |
| Total Debt | $14.1B |
| Net Debt | $13.3B |
