| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.7B | $24.0B | — | -43.1% | — |
| Op. Income | -$1.1B | -$751M | — | -44.9% | — |
| Gross Margin | 5.7% | 8.2% | — | -2.5pp | — |
| Net Margin | -9.0% | -8.2% | — | -0.7pp | — |
| EPS (Diluted) | $-0.78 | $-1.26 | — | 38.0% | — |
| Free Cash Flow | -$5.7B | -$6.0B | — | 5.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $13.7B |
| Cost of Revenue | $12.9B |
| GROSS PROFIT | $776M |
| R&D Expenses | $673M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $14.8B |
| OPERATING INCOME | -$1.1B |
| Interest Income | $27M |
| Interest Expense | $222M |
| Other Income/Expenses | -$296M |
| INCOME BEFORE TAX | -$1.4B |
| Income Tax Expense | -$158M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $1.5B |
| EBIT | -$1.2B |
| EBITDA | $324M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$95M |
| Other Non-Cash Items | -$1.8B |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | -$3.8B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $184M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7.9B |
| NET CASH FROM FINANCING | $7.9B |
| FREE CASH FLOW | -$5.7B |
| Net Change in Cash | $2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.3B |
| Short-Term Investments | $941M |
| Net Receivables | $6.4B |
| Inventory | $11.3B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $37.4B |
| PP&E (Net) | $32.8B |
| Goodwill | $13.0B |
| Intangible Assets | $18.6B |
| Long-Term Investments | $2.6B |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $72.1B |
| TOTAL ASSETS | $109.4B |
| Account Payables | $21.0B |
| Short-Term Debt | $5.6B |
| Deferred Revenue | $811M |
| Other Current Liabilities | $7.7B |
| TOTAL CURRENT LIABILITIES | $32.8B |
| Long-Term Debt | $18.3B |
| Deferred Revenue NC | $1.8B |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $25.4B |
| TOTAL NON-CURRENT LIABILITIES | $47.5B |
| TOTAL LIABILITIES | $80.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.0B |
| Minority Interest | $145M |
| TOTAL EQUITY | $29.1B |
| TOTAL LIABILITIES & EQUITY | $109.4B |
| Total Debt | $23.9B |
| Net Debt | $7.6B |
