| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $5.3B | — | -52.3% | — |
| Op. Income | $621M | -$1.4B | — | 145.4% | — |
| Gross Margin | 7.9% | -25.3% | — | 33.2pp | — |
| Net Margin | 15.5% | -20.2% | — | 35.7pp | — |
| EPS (Diluted) | $3.23 | $-8.93 | — | 136.2% | — |
| Free Cash Flow | -$448M | -$301M | — | -48.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | -$480M |
| Operating Expenses | -$423M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $621M |
| Interest Income | $0 |
| Interest Expense | $66M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $551M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $392M |
| D&A | $131M |
| EBIT | $617M |
| EBITDA | $748M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | -$480M |
| Operating Expenses | -$423M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $621M |
| Interest Income | $0 |
| Interest Expense | $66M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $551M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $392M |
| D&A | $131M |
| EBIT | $617M |
| EBITDA | $748M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $389M |
| Depreciation & Amortization | $131M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $138M |
| Other Non-Cash Items | -$982M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | -$393M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $437M |
| NET CASH FROM INVESTING | $382M |
| Net Debt Issuance | $560M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | $515M |
| FREE CASH FLOW | -$448M |
| Net Change in Cash | $503M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $429M |
| Inventory | $1.6B |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $5.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $183M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $423M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $453M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $685M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$312M |
| Treasury Stock | -$166M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $545M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $4.6B |
| Net Debt | $3.4B |
