| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.1B | $5.7B | 14.8% | 2.9% |
| Op. Income | $968M | $505M | $972M | 91.7% | -0.4% |
| Gross Margin | 29.4% | 24.0% | 29.7% | 5.4pp | -0.3pp |
| Net Margin | 12.5% | 7.5% | 12.8% | 5.0pp | -0.2pp |
| EPS (Diluted) | $1.37 | $0.70 | $1.27 | 95.7% | 7.9% |
| Free Cash Flow | $736M | $945M | $1.1B | -22.1% | -32.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $768M |
| Operating Expenses | $768M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $968M |
| Interest Income | $24M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $968M |
| Income Tax Expense | $227M |
| Net Income from Continuing Ops | $741M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $741M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $741M |
| D&A | $302M |
| EBIT | $990M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $768M |
| Operating Expenses | $768M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $968M |
| Interest Income | $24M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $968M |
| Income Tax Expense | $227M |
| Net Income from Continuing Ops | $741M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $741M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $741M |
| D&A | $302M |
| EBIT | $990M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $741M |
| Depreciation & Amortization | $302M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $36M |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | -$69M |
| OPERATING CASH FLOW | $966M |
| Capital Expenditure | -$230M |
| Acquisitions (Net) | $230M |
| Purchases of Investments | -$550M |
| Sales/Maturities of Investments | $528M |
| Other Investing Activities | -$230M |
| NET CASH FROM INVESTING | -$252M |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | -$450M |
| Common Dividends Paid | -$98M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$612M |
| FREE CASH FLOW | $736M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $1.5B |
| Net Receivables | $777M |
| Inventory | $510M |
| Other Current Assets | $281M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $19.2B |
| Goodwill | $970M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $693M |
| TOTAL NON-CURRENT ASSETS | $20.8B |
| TOTAL ASSETS | $26.4B |
| Account Payables | $260M |
| Short-Term Debt | $654M |
| Deferred Revenue | $5.0B |
| Other Current Liabilities | $872M |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $783M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $808M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $17.0B |
| Treasury Stock | -$9.4B |
| Accum. Other Comp. Income | $30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $26.4B |
| Total Debt | $4.5B |
| Net Debt | $2.1B |
