| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | — | $5.3B | — | 6.6% |
| Op. Income | $679M | — | $1.2B | — | -44.0% |
| Gross Margin | 51.3% | — | 53.6% | — | -2.3pp |
| Net Margin | 2.0% | — | 13.4% | — | -11.4pp |
| EPS (Diluted) | $0.18 | — | $1.15 | — | -84.5% |
| Free Cash Flow | -$93M | — | -$388M | — | 76.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $222M |
| General & Administrative | $937M |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $679M |
| Interest Income | $76M |
| Interest Expense | $0 |
| Other Income/Expenses | -$326M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $367M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$243M |
| NET INCOME | $110M |
| Net Income Deductions | -$243M |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $490M |
| EBIT | $607M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $222M |
| General & Administrative | $937M |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $679M |
| Interest Income | $76M |
| Interest Expense | $0 |
| Other Income/Expenses | -$326M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $367M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$243M |
| NET INCOME | $110M |
| Net Income Deductions | -$243M |
| BOTTOM LINE NET INCOME | $353M |
| D&A | $490M |
| EBIT | $607M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $490M |
| Stock-Based Compensation | $267M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $959M |
| Change in Working Capital | -$374M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $143M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$90M |
| Other Financing Activities | $128M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | -$93M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $5M |
| Net Receivables | $1.3B |
| Inventory | $1.8B |
| Other Current Assets | $758M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $20.1B |
| Goodwill | $0 |
| Intangible Assets | $162M |
| Long-Term Investments | $738M |
| Tax Assets | $0 |
| Other Non-Current Assets | $618M |
| TOTAL NON-CURRENT ASSETS | $21.6B |
| TOTAL ASSETS | $26.5B |
| Account Payables | $721M |
| Short-Term Debt | $893M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $9.1B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $952M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.1B |
| Treasury Stock | -$159M |
| Accum. Other Comp. Income | $1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $339M |
| TOTAL EQUITY | $13.8B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $6.7B |
| Net Debt | $5.7B |
