| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.6B | $2.7B | 5.4% | 0.6% |
| Op. Income | $746M | $531M | $701M | 40.6% | 6.5% |
| Gross Margin | 43.3% | 37.2% | 40.0% | 6.0pp | 3.2pp |
| Net Margin | 15.6% | 10.9% | 14.3% | 4.7pp | 1.3pp |
| EPS (Diluted) | $0.84 | $0.56 | $0.76 | 51.3% | 10.6% |
| Free Cash Flow | $225M | $273M | $281M | -17.6% | -20.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $382M |
| SG&A Expenses | $382M |
| Other Expenses | $813M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $746M |
| Interest Income | $7M |
| Interest Expense | $147M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $568M |
| Income Tax Expense | $136M |
| Net Income from Continuing Ops | $432M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $432M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432M |
| D&A | $465M |
| EBIT | $715M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $382M |
| SG&A Expenses | $382M |
| Other Expenses | $813M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $746M |
| Interest Income | $7M |
| Interest Expense | $147M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $568M |
| Income Tax Expense | $136M |
| Net Income from Continuing Ops | $432M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $432M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432M |
| D&A | $465M |
| EBIT | $715M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $432M |
| Depreciation & Amortization | $465M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $136M |
| Other Non-Cash Items | $158M |
| Change in Working Capital | -$153M |
| OPERATING CASH FLOW | $772M |
| Capital Expenditure | -$547M |
| Acquisitions (Net) | -$1.3B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$188M |
| Other Financing Activities | -$92M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $225M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $335M |
| Other Current Assets | $432M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $9.9B |
| Goodwill | $2.9B |
| Intangible Assets | $6.5B |
| Long-Term Investments | $1.9B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $22.5B |
| TOTAL ASSETS | $26.0B |
| Account Payables | $2.0B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $143M |
| Other Current Liabilities | $297M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $11.4B |
| Deferred Revenue NC | $156M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $304M |
| TOTAL NON-CURRENT LIABILITIES | $15.1B |
| TOTAL LIABILITIES | $19.5B |
| Common Stock | $346M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $658M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $26.0B |
| Total Debt | $14.4B |
| Net Debt | $14.1B |
