| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.3B | — | -2.5% | — |
| Op. Income | $785M | $894M | — | -12.3% | — |
| Gross Margin | 41.1% | 44.0% | — | -2.8pp | — |
| Net Margin | 21.0% | 24.5% | — | -3.5pp | — |
| EPS (Diluted) | $0.80 | $0.95 | — | -15.4% | — |
| Free Cash Flow | $421M | $334M | — | 26.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $907M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $75M |
| Operating Expenses | $122M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $785M |
| Interest Income | $5M |
| Interest Expense | $22M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $740M |
| Income Tax Expense | $269M |
| Net Income from Continuing Ops | $471M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $463M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $463M |
| D&A | $258M |
| EBIT | $748M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $907M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $75M |
| Operating Expenses | $122M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $785M |
| Interest Income | $5M |
| Interest Expense | $22M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $740M |
| Income Tax Expense | $269M |
| Net Income from Continuing Ops | $471M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $463M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $463M |
| D&A | $258M |
| EBIT | $748M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $463M |
| Depreciation & Amortization | $258M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $84M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $808M |
| Capital Expenditure | -$387M |
| Acquisitions (Net) | $128M |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$140M |
| NET CASH FROM INVESTING | -$449M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$62M |
| NET CASH FROM FINANCING | -$76M |
| FREE CASH FLOW | $421M |
| Net Change in Cash | $308M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $927M |
| Inventory | $1.5B |
| Other Current Assets | $446M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $21.8B |
| Goodwill | $808M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.5B |
| Tax Assets | $97M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $24.2B |
| TOTAL ASSETS | $28.2B |
| Account Payables | $1.6B |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.1B |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $145M |
| Retained Earnings | $10.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $284M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.5B |
| Minority Interest | $94M |
| TOTAL EQUITY | $15.6B |
| TOTAL LIABILITIES & EQUITY | $28.2B |
| Total Debt | $4.8B |
| Net Debt | $3.6B |