| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $6.9B | $6.6B | -22.1% | -17.7% |
| Op. Income | $481M | $2.2B | $2.2B | -78.2% | -78.4% |
| Gross Margin | 50.7% | 62.3% | 66.8% | -11.6pp | -16.1pp |
| Net Margin | -47.7% | -24.6% | 16.4% | -23.1pp | -64.1pp |
| EPS (Diluted) | $-1.69 | $-1.11 | $0.68 | -52.0% | -348.4% |
| Free Cash Flow | $47M | $387M | $471M | -87.9% | -90.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $481M |
| Interest Income | $26M |
| Interest Expense | $181M |
| Other Income/Expenses | -$3.7B |
| INCOME BEFORE TAX | -$3.2B |
| Income Tax Expense | $603M |
| Net Income from Continuing Ops | -$2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.6B |
| D&A | $1.8B |
| EBIT | -$2.3B |
| EBITDA | -$522M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2.6B |
| Depreciation & Amortization | $3.0B |
| Stock-Based Compensation | -$238M |
| Deferred Income Tax | -$380M |
| Other Non-Cash Items | $896M |
| Change in Working Capital | $280M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$965M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$143M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $953M |
| Common Stock Repurchased | -$224M |
| Common Dividends Paid | -$518M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $230M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $2.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $53.0B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $94M |
| Other Non-Current Assets | $949M |
| TOTAL NON-CURRENT ASSETS | $56.3B |
| TOTAL ASSETS | $62.3B |
| Account Payables | $4.0B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $25M |
| Other Current Liabilities | $463M |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $6.4B |
| Deferred Tax Liabilities | $7.0B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $27.1B |
| TOTAL LIABILITIES | $34.6B |
| Common Stock | $18.4B |
| Additional Paid-In Capital | $418M |
| Retained Earnings | $8.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $833M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $27.7B |
| TOTAL LIABILITIES & EQUITY | $62.3B |
| Total Debt | $14.9B |
| Net Debt | $13.3B |
