| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.9B | $2.7B | -8.9% | -1.3% |
| Op. Income | $531M | $699M | $580M | -24.1% | -8.6% |
| Gross Margin | 37.2% | 38.6% | 36.8% | -1.4pp | 0.4pp |
| Net Margin | 10.9% | 12.7% | 11.7% | -1.8pp | -0.8pp |
| EPS (Diluted) | $0.56 | $0.74 | $0.58 | -24.8% | -5.0% |
| Free Cash Flow | $273M | $144M | $200M | 89.8% | 36.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $976M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $397M |
| SG&A Expenses | $397M |
| Other Expenses | $579M |
| Operating Expenses | $976M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $531M |
| Interest Income | $5M |
| Interest Expense | $137M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $387M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $459M |
| EBIT | $523M |
| EBITDA | $981M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $976M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $397M |
| SG&A Expenses | $397M |
| Other Expenses | $579M |
| Operating Expenses | $976M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $531M |
| Interest Income | $5M |
| Interest Expense | $137M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $387M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $286M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $286M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $459M |
| EBIT | $523M |
| EBITDA | $981M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $286M |
| Depreciation & Amortization | $459M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $102M |
| Other Non-Cash Items | $153M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $729M |
| Capital Expenditure | -$456M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$536M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$99M |
| Common Dividends Paid | -$181M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$296M |
| FREE CASH FLOW | $273M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $338M |
| Other Current Assets | $447M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $9.7B |
| Goodwill | $2.9B |
| Intangible Assets | $5.3B |
| Long-Term Investments | $1.8B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $20.9B |
| TOTAL ASSETS | $24.2B |
| Account Payables | $2.0B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $206M |
| Other Current Liabilities | $341M |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $9.7B |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $387M |
| TOTAL NON-CURRENT LIABILITIES | $13.2B |
| TOTAL LIABILITIES | $18.2B |
| Common Stock | $347M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $466M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $24.2B |
| Total Debt | $13.1B |
| Net Debt | $12.9B |
