| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.1B | — | 20.4% | — |
| Op. Income | $146M | $282M | — | -48.2% | — |
| Gross Margin | 4.4% | 8.5% | — | -4.1pp | — |
| Net Margin | 2.0% | 4.9% | — | -2.9pp | — |
| EPS (Diluted) | $0.25 | $0.51 | — | -51.0% | — |
| Free Cash Flow | -$575M | $263M | — | -318.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $205M |
| EBIT | $211M |
| EBITDA | $416M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $205M |
| EBIT | $211M |
| EBITDA | $416M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $205M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | -$499M |
| OPERATING CASH FLOW | -$248M |
| Capital Expenditure | -$327M |
| Acquisitions (Net) | -$45M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $137M |
| NET CASH FROM INVESTING | -$235M |
| Net Debt Issuance | $367M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$279M |
| Other Financing Activities | $394M |
| NET CASH FROM FINANCING | $481M |
| FREE CASH FLOW | -$575M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $1.1B |
| Other Current Assets | $469M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $13.6B |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $23.2B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $395M |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $9.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $678M |
| TOTAL NON-CURRENT LIABILITIES | $10.2B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $7.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$8.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.3B |
| Other Equity | $9.0B |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $58M |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $23.2B |
| Total Debt | $10.8B |
| Net Debt | $10.8B |
