| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.7B | -6.2% | 2.8% |
| Op. Income | $697M | $788M | $693M | -11.5% | 0.6% |
| Gross Margin | 42.0% | 44.3% | 42.8% | -2.3pp | -0.9pp |
| Net Margin | 21.4% | 22.3% | 24.0% | -0.9pp | -2.5pp |
| EPS (Diluted) | $0.48 | $0.53 | $0.52 | -9.4% | -7.7% |
| Free Cash Flow | $451M | $140M | $223M | 222.2% | 101.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $723M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $697M |
| Interest Income | $4M |
| Interest Expense | $69M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $629M |
| Income Tax Expense | $258M |
| Net Income from Continuing Ops | $371M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $369M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $369M |
| D&A | $171M |
| EBIT | $694M |
| EBITDA | $864M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $723M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $697M |
| Interest Income | $4M |
| Interest Expense | $69M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $629M |
| Income Tax Expense | $258M |
| Net Income from Continuing Ops | $371M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $369M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $369M |
| D&A | $171M |
| EBIT | $694M |
| EBITDA | $864M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $371M |
| Depreciation & Amortization | $171M |
| Stock-Based Compensation | $100.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $189M |
| OPERATING CASH FLOW | $733M |
| Capital Expenditure | -$282M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$186M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$468M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$309M |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$309M |
| FREE CASH FLOW | $451M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $967M |
| Short-Term Investments | $237M |
| Net Receivables | $943M |
| Inventory | $1.0B |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $9.3B |
| Goodwill | $0 |
| Intangible Assets | $151M |
| Long-Term Investments | $104M |
| Tax Assets | $181M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $689M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $481M |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $6.2B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | $500.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $44M |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $6.0B |
| Net Debt | $5.0B |
