| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | — | $6.2B | — | -3.7% |
| Op. Income | $577M | — | $1.1B | — | -49.3% |
| Gross Margin | 47.9% | — | 50.8% | — | -2.9pp |
| Net Margin | 4.1% | — | 14.3% | — | -10.2pp |
| EPS (Diluted) | $0.39 | — | $1.43 | — | -72.5% |
| Free Cash Flow | -$487M | — | -$467M | — | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $231M |
| General & Administrative | $1.0B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $577M |
| Interest Income | $136M |
| Interest Expense | $0 |
| Other Income/Expenses | -$151M |
| INCOME BEFORE TAX | $459M |
| Income Tax Expense | $187M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$200M |
| NET INCOME | $245M |
| Net Income Deductions | -$200M |
| BOTTOM LINE NET INCOME | $445M |
| D&A | $661M |
| EBIT | $569M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $231M |
| General & Administrative | $1.0B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $577M |
| Interest Income | $136M |
| Interest Expense | $0 |
| Other Income/Expenses | -$151M |
| INCOME BEFORE TAX | $459M |
| Income Tax Expense | $187M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$200M |
| NET INCOME | $245M |
| Net Income Deductions | -$200M |
| BOTTOM LINE NET INCOME | $445M |
| D&A | $661M |
| EBIT | $569M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $245M |
| Depreciation & Amortization | $661M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$99M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $807M |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$150M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$165M |
| Other Financing Activities | $439M |
| NET CASH FROM FINANCING | $438M |
| FREE CASH FLOW | -$487M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $765M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $1.8B |
| Other Current Assets | $165M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $23.1B |
| Goodwill | $0 |
| Intangible Assets | $199M |
| Long-Term Investments | $620M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $25.0B |
| TOTAL ASSETS | $29.4B |
| Account Payables | $0 |
| Short-Term Debt | $625M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.3B |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $597M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.4B |
| Minority Interest | $362M |
| TOTAL EQUITY | $13.8B |
| TOTAL LIABILITIES & EQUITY | $29.4B |
| Total Debt | $9.4B |
| Net Debt | $8.6B |
