| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.6B | $5.9B | -1.2% | -5.5% |
| Op. Income | $976M | -$5.5B | $767M | 117.7% | 27.2% |
| Gross Margin | 56.1% | 55.4% | 53.7% | 0.8pp | 2.4pp |
| Net Margin | 6.7% | -109.2% | 4.9% | 115.8pp | 1.7pp |
| EPS (Diluted) | $0.35 | $-5.77 | $0.27 | 106.1% | 29.6% |
| Free Cash Flow | $901M | $251M | $811M | 259.0% | 11.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $960M |
| Other Expenses | $44M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $976M |
| Interest Income | $0 |
| Interest Expense | $518M |
| Other Income/Expenses | -$474M |
| INCOME BEFORE TAX | $502M |
| Income Tax Expense | $131M |
| Net Income from Continuing Ops | $371M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $371M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $1.2B |
| EBIT | $1.0B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $960M |
| Other Expenses | $44M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $976M |
| Interest Income | $0 |
| Interest Expense | $518M |
| Other Income/Expenses | -$474M |
| INCOME BEFORE TAX | $502M |
| Income Tax Expense | $131M |
| Net Income from Continuing Ops | $371M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $371M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $1.2B |
| EBIT | $1.0B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $371M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $118M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$800M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$811M |
| Net Debt Issuance | -$652M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$269M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$924M |
| FREE CASH FLOW | $901M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $410M |
| Short-Term Investments | $0 |
| Net Receivables | $2.6B |
| Inventory | $151M |
| Other Current Assets | $356M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $27.7B |
| Goodwill | $21.5B |
| Intangible Assets | $10.2B |
| Long-Term Investments | -$2.8B |
| Tax Assets | $2.8B |
| Other Non-Current Assets | $11.4B |
| TOTAL NON-CURRENT ASSETS | $60.6B |
| TOTAL ASSETS | $64.5B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $852M |
| Other Current Liabilities | $631M |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $33.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.8B |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $44.3B |
| TOTAL LIABILITIES | $50.8B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $22.3B |
| Retained Earnings | -$7.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $64.5B |
| Total Debt | $34.8B |
| Net Debt | $34.4B |
