| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.9B | $4.1B | -0.7% | 44.3% |
| Op. Income | $767M | $750M | $367M | 2.3% | 109.0% |
| Gross Margin | 53.7% | 52.9% | 53.8% | 0.9pp | -0.0pp |
| Net Margin | 4.9% | 1.9% | 0.4% | 3.0pp | 4.5pp |
| EPS (Diluted) | $0.27 | $0.11 | $0.03 | 145.5% | 800.0% |
| Free Cash Flow | $811M | $862M | -$145M | -5.9% | 659.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $16M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $767M |
| Interest Income | $0 |
| Interest Expense | $546M |
| Other Income/Expenses | -$530M |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $292M |
| D&A | $1.3B |
| EBIT | $783M |
| EBITDA | $2.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $16M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $767M |
| Interest Income | $0 |
| Interest Expense | $546M |
| Other Income/Expenses | -$530M |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $292M |
| D&A | $1.3B |
| EBIT | $783M |
| EBITDA | $2.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $292M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | $277M |
| Other Non-Cash Items | -$164M |
| Change in Working Capital | -$167M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$771M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$744M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$576M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$643M |
| FREE CASH FLOW | $811M |
| Net Change in Cash | $195M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $700M |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $107M |
| Other Current Assets | $417M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $26.5B |
| Goodwill | $30.7B |
| Intangible Assets | $11.5B |
| Long-Term Investments | -$2.4B |
| Tax Assets | $2.4B |
| Other Non-Current Assets | $12.7B |
| TOTAL NON-CURRENT ASSETS | $69.9B |
| TOTAL ASSETS | $74.3B |
| Account Payables | $1.4B |
| Short-Term Debt | $437M |
| Deferred Revenue | $750M |
| Other Current Liabilities | $701M |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $36.9B |
| Deferred Revenue NC | $4.9B |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $7.6B |
| TOTAL NON-CURRENT LIABILITIES | $46.8B |
| TOTAL LIABILITIES | $51.4B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $23.4B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.0B |
| TOTAL LIABILITIES & EQUITY | $74.3B |
| Total Debt | $37.3B |
| Net Debt | $36.6B |
