| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $7.9B | $6.6B | -21.1% | -4.6% |
| Op. Income | $1.6B | $2.8B | $2.6B | -45.0% | -39.0% |
| Gross Margin | 57.2% | 60.6% | 66.5% | -3.4pp | -9.3pp |
| Net Margin | -3.3% | 16.7% | 15.4% | -20.0pp | -18.7pp |
| EPS (Diluted) | $-0.12 | $0.81 | $0.61 | -115.3% | -120.2% |
| Free Cash Flow | $1.4B | $2.3B | $829M | -40.2% | 66.9% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $163M |
| Other Income/Expenses | -$1.6B |
| INCOME BEFORE TAX | -$82M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | -$205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$205M |
| D&A | $1.1B |
| EBIT | $661M |
| EBITDA | $1.7B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$205M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | -$64M |
| Deferred Income Tax | $117M |
| Other Non-Cash Items | $582M |
| Change in Working Capital | $755M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$838M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$210M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$852M |
| Common Dividends Paid | -$419M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $2.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $56.0B |
| Goodwill | $2.1B |
| Intangible Assets | $124M |
| Long-Term Investments | $173M |
| Tax Assets | $94M |
| Other Non-Current Assets | $650M |
| TOTAL NON-CURRENT ASSETS | $59.1B |
| TOTAL ASSETS | $65.5B |
| Account Payables | $4.1B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $391M |
| Other Current Liabilities | $278M |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $9.6B |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $8.8B |
| Other Non-Current Liabilities | $6.4B |
| TOTAL NON-CURRENT LIABILITIES | $25.8B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $18.9B |
| Additional Paid-In Capital | $395M |
| Retained Earnings | $12.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $786M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.2B |
| TOTAL LIABILITIES & EQUITY | $65.5B |
| Total Debt | $12.7B |
| Net Debt | $11.1B |
