| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $5.4B | $7.4B | -42.8% | -58.0% |
| Op. Income | $273M | $481M | $2.6B | -43.2% | -89.4% |
| Gross Margin | 60.1% | 50.7% | 63.7% | 9.4pp | -3.6pp |
| Net Margin | -14.5% | -47.7% | 27.1% | 33.2pp | -41.6pp |
| EPS (Diluted) | $-0.29 | $-1.69 | $1.27 | 82.7% | -123.0% |
| Free Cash Flow | -$1.1B | $47M | $1.5B | -2390.6% | -170.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $273M |
| Interest Income | $10M |
| Interest Expense | $194M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | -$781M |
| Income Tax Expense | $333M |
| Net Income from Continuing Ops | -$449M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$449M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$449M |
| D&A | $1.2B |
| EBIT | -$987M |
| EBITDA | $176M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$449M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$67M |
| Other Non-Cash Items | -$267M |
| Change in Working Capital | -$918M |
| OPERATING CASH FLOW | -$561M |
| Capital Expenditure | -$510M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$313M |
| NET CASH FROM INVESTING | -$823M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$234M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | -$278M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $2.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $51.9B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $114M |
| Other Non-Current Assets | $908M |
| TOTAL NON-CURRENT ASSETS | $55.1B |
| TOTAL ASSETS | $61.3B |
| Account Payables | $3.0B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $71M |
| Other Current Liabilities | $392M |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $6.0B |
| Deferred Tax Liabilities | $6.9B |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $28.6B |
| TOTAL LIABILITIES | $34.6B |
| Common Stock | $18.4B |
| Additional Paid-In Capital | $422M |
| Retained Earnings | $7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $753M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.7B |
| TOTAL LIABILITIES & EQUITY | $61.3B |
| Total Debt | $16.0B |
| Net Debt | $14.6B |
