| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44.8B | $48.0B | $38.0B | -6.6% | 17.8% |
| Op. Income | $7.3B | $6.7B | $6.3B | 9.6% | 17.0% |
| Gross Margin | 37.7% | 35.1% | 37.1% | 2.6pp | 0.6pp |
| Net Margin | 9.1% | 10.1% | 12.3% | -1.0pp | -3.1pp |
| EPS (Diluted) | $0.56 | $0.66 | $0.75 | -15.2% | -25.3% |
| Free Cash Flow | $5.9B | $8.0B | $3.0B | -26.0% | 98.4% |
| Item | Amount |
|---|---|
| REVENUE | $44.8B |
| Cost of Revenue | $27.9B |
| GROSS PROFIT | $16.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.6B |
| Other Expenses | $0 |
| Operating Expenses | $9.6B |
| Cost & Expenses | $37.5B |
| OPERATING INCOME | $7.3B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$2.0B |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $7.2B |
| EBIT | $7.5B |
| EBITDA | $14.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $44.8B |
| Cost of Revenue | $27.9B |
| GROSS PROFIT | $16.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.6B |
| Other Expenses | $0 |
| Operating Expenses | $9.6B |
| Cost & Expenses | $37.5B |
| OPERATING INCOME | $7.3B |
| Interest Income | $0 |
| Interest Expense | $2.1B |
| Other Income/Expenses | -$2.0B |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $7.2B |
| EBIT | $7.5B |
| EBITDA | $14.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.1B |
| Depreciation & Amortization | $7.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $753M |
| Other Non-Cash Items | $3.0B |
| Change in Working Capital | -$4.0B |
| OPERATING CASH FLOW | $11.1B |
| Capital Expenditure | -$5.1B |
| Acquisitions (Net) | -$218M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | -$71M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$5.4B |
| Net Debt Issuance | -$794M |
| Common Stock Repurchased | -$189M |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | $109M |
| NET CASH FROM FINANCING | -$4.4B |
| FREE CASH FLOW | $5.9B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $0 |
| Net Receivables | $23.9B |
| Inventory | $0 |
| Other Current Assets | $14.6B |
| TOTAL CURRENT ASSETS | $46.5B |
| PP&E (Net) | $152.3B |
| Goodwill | $146.4B |
| Intangible Assets | $162.6B |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.4B |
| TOTAL NON-CURRENT ASSETS | $501.9B |
| TOTAL ASSETS | $548.4B |
| Account Payables | $42.3B |
| Short-Term Debt | $11.5B |
| Deferred Revenue | $6.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $64.7B |
| Long-Term Debt | $163.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59.2B |
| Other Non-Current Liabilities | $47.4B |
| TOTAL NON-CURRENT LIABILITIES | $288.8B |
| TOTAL LIABILITIES | $353.4B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $125.2B |
| Retained Earnings | $59.4B |
| Treasury Stock | -$11.5B |
| Accum. Other Comp. Income | $4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $185.1B |
| Minority Interest | $9.8B |
| TOTAL EQUITY | $195.0B |
| TOTAL LIABILITIES & EQUITY | $548.4B |
| Total Debt | $193.7B |
| Net Debt | $187.2B |
