| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.5B | $6.4B | $5.3B | 17.3% | 42.8% |
| Op. Income | $2.4B | $2.2B | $1.3B | 8.5% | 90.3% |
| Gross Margin | 57.5% | 64.7% | 55.1% | -7.2pp | 2.4pp |
| Net Margin | 9.4% | 9.0% | 6.0% | 0.5pp | 3.4pp |
| EPS (Diluted) | $0.43 | $0.35 | $0.19 | 22.9% | 126.9% |
| Free Cash Flow | $500M | -$414M | -$134M | 220.6% | 471.7% |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $174M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $368M |
| Net Income from Continuing Ops | $710M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $710M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $710M |
| D&A | $1.1B |
| EBIT | $1.3B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $174M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $368M |
| Net Income from Continuing Ops | $710M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $710M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $710M |
| D&A | $1.1B |
| EBIT | $1.3B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $710M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $115M |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | $183M |
| Change in Working Capital | -$304M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | -$90M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $89M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $158M |
| Common Stock Repurchased | -$445M |
| Common Dividends Paid | -$429M |
| Other Financing Activities | $135M |
| NET CASH FROM FINANCING | -$581M |
| FREE CASH FLOW | $500M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $2.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $56.4B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $202M |
| Tax Assets | $107M |
| Other Non-Current Assets | $761M |
| TOTAL NON-CURRENT ASSETS | $59.7B |
| TOTAL ASSETS | $67.5B |
| Account Payables | $4.7B |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $219M |
| Other Current Liabilities | $477M |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $5.4B |
| Deferred Tax Liabilities | $8.6B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $25.5B |
| TOTAL LIABILITIES | $34.3B |
| Common Stock | $19.4B |
| Additional Paid-In Capital | $388M |
| Retained Earnings | $12.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $712M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $33.3B |
| TOTAL LIABILITIES & EQUITY | $67.5B |
| Total Debt | $13.3B |
| Net Debt | $11.8B |
