| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $4.7B | $5.4B | -20.2% | -30.5% |
| Op. Income | $961M | $1.7B | $2.3B | -43.3% | -57.7% |
| Gross Margin | 45.9% | 49.7% | 52.5% | -3.8pp | -6.7pp |
| Net Margin | 12.9% | 23.5% | 28.0% | -10.6pp | -15.2pp |
| EPS (Diluted) | $0.65 | $1.47 | $1.97 | -55.8% | -67.0% |
| Free Cash Flow | -$518M | $1.1B | $1.3B | -148.7% | -139.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $576M |
| Other Expenses | $188M |
| Operating Expenses | $764M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $961M |
| Interest Income | $5M |
| Interest Expense | $319M |
| Other Income/Expenses | -$312M |
| INCOME BEFORE TAX | $649M |
| Income Tax Expense | $165M |
| Net Income from Continuing Ops | $484M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $484M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $484M |
| D&A | $426M |
| EBIT | $968M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $576M |
| Other Expenses | $188M |
| Operating Expenses | $764M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $961M |
| Interest Income | $5M |
| Interest Expense | $319M |
| Other Income/Expenses | -$312M |
| INCOME BEFORE TAX | $649M |
| Income Tax Expense | $165M |
| Net Income from Continuing Ops | $484M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $484M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $484M |
| D&A | $426M |
| EBIT | $968M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $484M |
| Depreciation & Amortization | $426M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$42M |
| Other Non-Cash Items | $119M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | -$213M |
| Capital Expenditure | -$305M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$397M |
| Net Debt Issuance | -$703M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$930M |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | -$518M |
| Net Change in Cash | -$2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $43M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $36.8B |
| Goodwill | $2.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $43.3B |
| TOTAL ASSETS | $49.9B |
| Account Payables | $538M |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $34.7B |
| Deferred Revenue NC | $664M |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $52.2B |
| TOTAL LIABILITIES | $59.4B |
| Common Stock | $17M |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | $52.7B |
| Treasury Stock | -$67.1B |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$9.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$9.5B |
| TOTAL LIABILITIES & EQUITY | $49.9B |
| Total Debt | $51.9B |
| Net Debt | $48.7B |
