| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.7B | $2.6B | 3.4% | 3.8% |
| Op. Income | $701M | $581M | $625M | 20.8% | 12.3% |
| Gross Margin | 40.0% | 36.8% | 38.4% | 3.2pp | 1.7pp |
| Net Margin | 14.3% | 11.7% | 14.6% | 2.6pp | -0.3pp |
| EPS (Diluted) | $0.76 | $0.59 | $0.75 | 30.0% | 2.0% |
| Free Cash Flow | $282M | $200M | $258M | 40.5% | 9.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $421M |
| SG&A Expenses | $421M |
| Other Expenses | $679M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $701M |
| Interest Income | $7M |
| Interest Expense | $132M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | $540M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $394M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $394M |
| D&A | $410M |
| EBIT | $667M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $421M |
| SG&A Expenses | $421M |
| Other Expenses | $679M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $701M |
| Interest Income | $7M |
| Interest Expense | $132M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | $540M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $394M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $394M |
| D&A | $410M |
| EBIT | $667M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $394M |
| Depreciation & Amortization | $410M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $146M |
| Other Non-Cash Items | $138M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | $767M |
| Capital Expenditure | -$485M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$526M |
| Net Debt Issuance | -$297M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$181M |
| Other Financing Activities | $265M |
| NET CASH FROM FINANCING | -$213M |
| FREE CASH FLOW | $282M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $285M |
| Other Current Assets | $448M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $8.3B |
| Goodwill | $2.9B |
| Intangible Assets | $5.3B |
| Long-Term Investments | $1.6B |
| Tax Assets | $2M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $19.2B |
| TOTAL ASSETS | $22.1B |
| Account Payables | $1.9B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $200M |
| Other Current Liabilities | $290M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $384M |
| TOTAL NON-CURRENT LIABILITIES | $12.3B |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $349M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $314M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $22.1B |
| Total Debt | $11.8B |
| Net Debt | $11.8B |
