| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.8B | $5.9B | -2.3% | -5.0% |
| Op. Income | -$5.5B | -$1.8B | $750M | -198.7% | -833.2% |
| Gross Margin | 55.4% | 54.0% | 52.9% | 1.4pp | 2.5pp |
| Net Margin | -109.2% | -41.7% | 1.9% | -67.4pp | -111.1pp |
| EPS (Diluted) | $-5.77 | $-2.26 | $0.11 | -155.3% | -5345.5% |
| Free Cash Flow | $251M | $1.1B | $862M | -76.8% | -70.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $932M |
| Other Expenses | -$5M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | -$5.5B |
| Interest Income | $0 |
| Interest Expense | $523M |
| Other Income/Expenses | -$528M |
| INCOME BEFORE TAX | -$6.0B |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | -$6.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6.2B |
| D&A | $1.2B |
| EBIT | -$5.5B |
| EBITDA | -$4.3B |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$6.2B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $126M |
| Other Non-Cash Items | $6.5B |
| Change in Working Capital | -$529M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$931M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$906M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$285M |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$320M |
| FREE CASH FLOW | $251M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $441M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $154M |
| Other Current Assets | $365M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $27.7B |
| Goodwill | $21.5B |
| Intangible Assets | $10.5B |
| Long-Term Investments | -$2.7B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $11.7B |
| TOTAL NON-CURRENT ASSETS | $61.0B |
| TOTAL ASSETS | $64.8B |
| Account Payables | $1.5B |
| Short-Term Debt | $632M |
| Deferred Revenue | $841M |
| Other Current Liabilities | $649M |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $34.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $45.9B |
| TOTAL LIABILITIES | $51.2B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $22.6B |
| Retained Earnings | -$7.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.5B |
| TOTAL LIABILITIES & EQUITY | $64.8B |
| Total Debt | $35.5B |
| Net Debt | $35.0B |
