| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.4B | $4.0B | -0.9% | 9.1% |
| Op. Income | $1.1B | $968M | $236M | 13.7% | 366.5% |
| Gross Margin | 58.7% | 56.7% | 52.5% | 2.0pp | 6.2pp |
| Net Margin | 9.6% | 22.8% | 53.7% | -13.1pp | -44.1pp |
| EPS (Diluted) | $0.22 | $0.53 | $1.14 | -58.5% | -80.7% |
| Free Cash Flow | -$210M | $563M | -$283M | -137.3% | 25.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.1B |
| Interest Income | $12M |
| Interest Expense | $711M |
| Other Income/Expenses | -$829M |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | $301M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $13M |
| NET INCOME | $422M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $423M |
| D&A | $1.2B |
| EBIT | $983M |
| EBITDA | $2.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.1B |
| Interest Income | $12M |
| Interest Expense | $711M |
| Other Income/Expenses | -$829M |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | $301M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $13M |
| NET INCOME | $422M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $423M |
| D&A | $1.2B |
| EBIT | $983M |
| EBITDA | $2.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $422M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$92M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | -$1.5B |
| Purchases of Investments | -$3.0B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $2.5B |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $5.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$531M |
| Other Financing Activities | $900M |
| NET CASH FROM FINANCING | $5.6B |
| FREE CASH FLOW | -$210M |
| Net Change in Cash | $4.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $638M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $1.2B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $70.3B |
| Goodwill | $891M |
| Intangible Assets | $708M |
| Long-Term Investments | $12.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.7B |
| TOTAL NON-CURRENT ASSETS | $97.3B |
| TOTAL ASSETS | $103.7B |
| Account Payables | $2.4B |
| Short-Term Debt | $10.9B |
| Deferred Revenue | $445M |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $17.6B |
| Long-Term Debt | $26.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4B |
| Other Non-Current Liabilities | $14.6B |
| TOTAL NON-CURRENT LIABILITIES | $48.7B |
| TOTAL LIABILITIES | $66.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $10.5B |
| Retained Earnings | $23.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$188M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34.1B |
| Minority Interest | $3.3B |
| TOTAL EQUITY | $37.4B |
| TOTAL LIABILITIES & EQUITY | $103.7B |
| Total Debt | $37.7B |
| Net Debt | $37.1B |
