| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.6B | $5.6B | -6.1% | -7.4% |
| Op. Income | $980M | $847M | -$5.5B | 15.7% | 117.8% |
| Gross Margin | 57.2% | 54.7% | 55.4% | 2.5pp | 1.9pp |
| Net Margin | 6.0% | 4.0% | -109.2% | 2.0pp | 115.2pp |
| EPS (Diluted) | $0.29 | $0.21 | $-5.77 | 38.1% | 105.0% |
| Free Cash Flow | $325M | $969M | $251M | -66.5% | 29.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $853M |
| SG&A Expenses | $853M |
| Other Expenses | $1.2B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $980M |
| Interest Income | $0 |
| Interest Expense | $449M |
| Other Income/Expenses | -$547M |
| INCOME BEFORE TAX | $433M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $314M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $1.2B |
| EBIT | $882M |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $853M |
| SG&A Expenses | $853M |
| Other Expenses | $1.2B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $980M |
| Interest Income | $0 |
| Interest Expense | $449M |
| Other Income/Expenses | -$547M |
| INCOME BEFORE TAX | $433M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $314M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $1.2B |
| EBIT | $882M |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $314M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | $78M |
| Other Non-Cash Items | $88M |
| Change in Working Capital | -$410M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$974M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$939M |
| Net Debt Issuance | -$126M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$291M |
| Other Financing Activities | -$69M |
| NET CASH FROM FINANCING | -$486M |
| FREE CASH FLOW | $325M |
| Net Change in Cash | -$126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $119M |
| Other Current Assets | $92M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $27.6B |
| Goodwill | $21.5B |
| Intangible Assets | $9.2B |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $59.7B |
| TOTAL ASSETS | $64.1B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $788M |
| Other Current Liabilities | $706M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $33.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $7.3B |
| TOTAL NON-CURRENT LIABILITIES | $45.1B |
| TOTAL LIABILITIES | $50.8B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $21.6B |
| Retained Earnings | -$6.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.3B |
| TOTAL LIABILITIES & EQUITY | $64.1B |
| Total Debt | $36.3B |
| Net Debt | $34.8B |
