| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.6B | $5.0B | -8.9% | -15.4% |
| Op. Income | $1.2B | $2.0B | $1.7B | -40.1% | -32.1% |
| Gross Margin | 61.1% | 64.2% | 60.3% | -3.1pp | 0.8pp |
| Net Margin | 30.3% | 9.1% | 24.8% | 21.2pp | 5.5pp |
| EPS (Diluted) | $0.65 | $0.21 | $0.64 | 209.5% | 1.6% |
| Free Cash Flow | -$56M | $102M | $179M | -154.9% | -131.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $11M |
| Interest Expense | $320M |
| Other Income/Expenses | $128M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $1.0B |
| EBIT | $1.6B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $11M |
| Interest Expense | $320M |
| Other Income/Expenses | $128M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $1.0B |
| EBIT | $1.6B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $47M |
| Other Non-Cash Items | -$292M |
| Change in Working Capital | -$164M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$2.0B |
| Acquisitions (Net) | -$168M |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $66M |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | -$695M |
| Common Stock Repurchased | $6M |
| Common Dividends Paid | -$686M |
| Other Financing Activities | $137M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $1.4B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $86.3B |
| Goodwill | $4.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $13.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.1B |
| TOTAL NON-CURRENT ASSETS | $114.4B |
| TOTAL ASSETS | $122.0B |
| Account Payables | $4.1B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $497M |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $42.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.1B |
| Other Non-Current Liabilities | $17.3B |
| TOTAL NON-CURRENT LIABILITIES | $68.0B |
| TOTAL LIABILITIES | $80.4B |
| Common Stock | $5M |
| Additional Paid-In Capital | $11.7B |
| Retained Earnings | $25.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37.1B |
| Minority Interest | $4.5B |
| TOTAL EQUITY | $41.6B |
| TOTAL LIABILITIES & EQUITY | $122.0B |
| Total Debt | $46.5B |
| Net Debt | $45.5B |
