| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | — | $2.4B | — | 3.7% |
| Op. Income | $483M | — | $335M | — | 44.0% |
| Gross Margin | 66.6% | — | 66.4% | — | 0.2pp |
| Net Margin | 3.5% | — | -4.1% | — | 7.7pp |
| EPS (Diluted) | $0.13 | — | $-0.13 | — | 200.0% |
| Free Cash Flow | $471M | — | $488M | — | -3.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $819M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $483M |
| Interest Income | $605.0K |
| Interest Expense | $381M |
| Other Income/Expenses | -$355M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $569M |
| EBIT | $494M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $819M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $483M |
| Interest Income | $605.0K |
| Interest Expense | $381M |
| Other Income/Expenses | -$355M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $569M |
| EBIT | $494M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $569M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $83M |
| OPERATING CASH FLOW | $789M |
| Capital Expenditure | -$318M |
| Acquisitions (Net) | -$173M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $419.0K |
| NET CASH FROM INVESTING | -$490M |
| Net Debt Issuance | $331M |
| Common Stock Repurchased | -$613M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$810.0K |
| NET CASH FROM FINANCING | -$283M |
| FREE CASH FLOW | $471M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $0 |
| Net Receivables | $422M |
| Inventory | $260.0K |
| Other Current Assets | $260.0K |
| TOTAL CURRENT ASSETS | $743M |
| PP&E (Net) | $6.1B |
| Goodwill | $8.1B |
| Intangible Assets | $16.9B |
| Long-Term Investments | $1.8B |
| Tax Assets | -$1.8B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $33.0B |
| TOTAL ASSETS | $33.8B |
| Account Payables | $909M |
| Short-Term Debt | $654M |
| Deferred Revenue | $142M |
| Other Current Liabilities | $629M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $23.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $703M |
| TOTAL NON-CURRENT LIABILITIES | $28.7B |
| TOTAL LIABILITIES | $31.2B |
| Common Stock | $7M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $313M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $8M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $33.8B |
| Total Debt | $23.9B |
| Net Debt | $23.8B |
