| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.3B | — | 0.5% |
| Op. Income | $703M | — | $894M | — | -21.4% |
| Gross Margin | 33.5% | — | 44.0% | — | -10.4pp |
| Net Margin | 20.3% | — | 24.5% | — | -4.3pp |
| EPS (Diluted) | $0.80 | — | $0.95 | — | -15.4% |
| Free Cash Flow | -$118M | — | $334M | — | -135.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $761M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $10M |
| Operating Expenses | $58M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $703M |
| Interest Income | $9M |
| Interest Expense | $28M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $718M |
| Income Tax Expense | $248M |
| Net Income from Continuing Ops | $471M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $460M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $460M |
| D&A | $273M |
| EBIT | $739M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $761M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $10M |
| Operating Expenses | $58M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $703M |
| Interest Income | $9M |
| Interest Expense | $28M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $718M |
| Income Tax Expense | $248M |
| Net Income from Continuing Ops | $471M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $460M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $460M |
| D&A | $273M |
| EBIT | $739M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $460M |
| Depreciation & Amortization | $273M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $248M |
| Other Non-Cash Items | -$91M |
| Change in Working Capital | -$510M |
| OPERATING CASH FLOW | $380M |
| Capital Expenditure | -$498M |
| Acquisitions (Net) | $145M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$291M |
| NET CASH FROM INVESTING | -$512M |
| Net Debt Issuance | $635M |
| Common Stock Repurchased | -$132M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $195M |
| NET CASH FROM FINANCING | $678M |
| FREE CASH FLOW | -$118M |
| Net Change in Cash | $520M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $1.5B |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $23.3B |
| Goodwill | $813M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.6B |
| Tax Assets | $117M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $25.8B |
| TOTAL ASSETS | $30.8B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $11.5B |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $4.8B |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $11.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $340M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.0B |
| Minority Interest | $596M |
| TOTAL EQUITY | $17.6B |
| TOTAL LIABILITIES & EQUITY | $30.8B |
| Total Debt | $4.9B |
| Net Debt | $3.1B |
