| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.9B | $4.0B | -1.4% | 44.2% |
| Op. Income | $894M | $767M | $487M | 16.6% | 83.6% |
| Gross Margin | 54.1% | 53.7% | 52.2% | 0.3pp | 1.8pp |
| Net Margin | 4.7% | 4.9% | 2.3% | -0.3pp | 2.4pp |
| EPS (Diluted) | $0.25 | $0.27 | $0.17 | -7.4% | 47.1% |
| Free Cash Flow | $1.1B | $811M | $205M | 36.0% | 438.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $967M |
| Other Expenses | -$8M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $894M |
| Interest Income | $0 |
| Interest Expense | $557M |
| Other Income/Expenses | -$565M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $272M |
| D&A | $1.3B |
| EBIT | $886M |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $967M |
| Other Expenses | -$8M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $894M |
| Interest Income | $0 |
| Interest Expense | $557M |
| Other Income/Expenses | -$565M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $272M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $272M |
| D&A | $1.3B |
| EBIT | $886M |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $272M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | $86M |
| Other Non-Cash Items | -$406M |
| Change in Working Capital | $501M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$684M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$684M |
| Net Debt Issuance | -$826M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$579M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$312M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $390M |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $131M |
| Other Current Assets | $311M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $26.2B |
| Goodwill | $30.8B |
| Intangible Assets | $11.2B |
| Long-Term Investments | -$2.5B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $12.3B |
| TOTAL NON-CURRENT ASSETS | $69.3B |
| TOTAL ASSETS | $73.4B |
| Account Payables | $1.4B |
| Short-Term Debt | $778M |
| Deferred Revenue | $983M |
| Other Current Liabilities | $736M |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $35.7B |
| Deferred Revenue NC | $4.4B |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $45.3B |
| TOTAL LIABILITIES | $50.6B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $23.4B |
| Retained Earnings | $777M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.8B |
| TOTAL LIABILITIES & EQUITY | $73.4B |
| Total Debt | $36.5B |
| Net Debt | $36.1B |
