| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.1B | $4.8B | 8.7% | -8.2% |
| Op. Income | $968M | $1.1B | $1.4B | -15.5% | -28.3% |
| Gross Margin | 56.7% | 57.1% | 58.5% | -0.4pp | -1.9pp |
| Net Margin | 22.8% | 19.2% | 17.6% | 3.5pp | 5.1pp |
| EPS (Diluted) | $0.53 | $0.42 | $0.45 | 26.2% | 17.8% |
| Free Cash Flow | $563M | $228M | $917M | 146.9% | -38.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $968M |
| Interest Income | $11M |
| Interest Expense | $168M |
| Other Income/Expenses | $98M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $125M |
| Net Income from Continuing Ops | $941M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $1.2B |
| EBIT | $1.2B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $968M |
| Interest Income | $11M |
| Interest Expense | $168M |
| Other Income/Expenses | $98M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $125M |
| Net Income from Continuing Ops | $941M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $1.2B |
| EBIT | $1.2B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $160M |
| Other Non-Cash Items | -$88M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $996M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$523M |
| Other Financing Activities | $635M |
| NET CASH FROM FINANCING | $882M |
| FREE CASH FLOW | $563M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $497M |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $1.1B |
| Other Current Assets | $3.6B |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $68.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $12.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $90.3B |
| TOTAL ASSETS | $98.6B |
| Account Payables | $3.0B |
| Short-Term Debt | $5.5B |
| Deferred Revenue | $448M |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $12.8B |
| Long-Term Debt | $27.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4B |
| Other Non-Current Liabilities | $14.0B |
| TOTAL NON-CURRENT LIABILITIES | $48.5B |
| TOTAL LIABILITIES | $61.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $10.5B |
| Retained Earnings | $23.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34.3B |
| Minority Interest | $3.1B |
| TOTAL EQUITY | $37.3B |
| TOTAL LIABILITIES & EQUITY | $98.6B |
| Total Debt | $32.6B |
| Net Debt | $32.1B |