| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.7B | $4.9B | -9.7% | 4.1% |
| Op. Income | $505M | $820M | $616M | -38.4% | -18.0% |
| Gross Margin | 24.0% | 27.6% | 25.1% | -3.6pp | -1.1pp |
| Net Margin | 7.5% | 11.5% | 9.4% | -3.9pp | -1.8pp |
| EPS (Diluted) | $0.70 | $1.17 | $0.79 | -40.2% | -11.4% |
| Free Cash Flow | $945M | $446M | $569M | 111.9% | 66.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $730M |
| Operating Expenses | $730M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $505M |
| Interest Income | $23M |
| Interest Expense | $22M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $387M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $297M |
| EBIT | $526M |
| EBITDA | $823M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $730M |
| Operating Expenses | $730M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $505M |
| Interest Income | $23M |
| Interest Expense | $22M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $387M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $297M |
| EBIT | $526M |
| EBITDA | $823M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $387M |
| Depreciation & Amortization | $297M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $425M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$160M |
| Acquisitions (Net) | $159M |
| Purchases of Investments | -$251M |
| Sales/Maturities of Investments | $575M |
| Other Investing Activities | -$159M |
| NET CASH FROM INVESTING | $164M |
| Net Debt Issuance | -$99M |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$178M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$779M |
| FREE CASH FLOW | $945M |
| Net Change in Cash | $490M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $1.5B |
| Net Receivables | $784M |
| Inventory | $484M |
| Other Current Assets | $354M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $19.3B |
| Goodwill | $970M |
| Intangible Assets | $313M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $412M |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $26.5B |
| Account Payables | $256M |
| Short-Term Debt | $571M |
| Deferred Revenue | $5.0B |
| Other Current Liabilities | $706M |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $985M |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $728M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $16.7B |
| Common Stock | $808M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $16.3B |
| Treasury Stock | -$8.9B |
| Accum. Other Comp. Income | $96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.8B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $4.7B |
| Net Debt | $2.3B |
