| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.6B | $23.4B | $17.6B | -16.2% | 11.3% |
| Op. Income | $468M | $1.2B | $1.1B | -60.9% | -58.8% |
| Gross Margin | 26.0% | 27.1% | 30.5% | -1.1pp | -4.5pp |
| Net Margin | 1.4% | 3.6% | 4.5% | -2.1pp | -3.1pp |
| EPS (Diluted) | $0.56 | $1.63 | $1.53 | -65.6% | -63.4% |
| Free Cash Flow | $533M | $2.3B | -$332M | -77.2% | 260.5% |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $14.5B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.1B |
| Other Expenses | $577M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $468M |
| Interest Income | $0 |
| Interest Expense | $117M |
| Other Income/Expenses | -$139M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $284M |
| D&A | $641M |
| EBIT | $446M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $14.5B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.1B |
| Other Expenses | $577M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $468M |
| Interest Income | $0 |
| Interest Expense | $117M |
| Other Income/Expenses | -$139M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $284M |
| D&A | $641M |
| EBIT | $446M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $284M |
| Depreciation & Amortization | $641M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $309M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$751M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$744M |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$686M |
| Common Dividends Paid | -$332M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $533M |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $8.6B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $14.6B |
| PP&E (Net) | $28.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $30.2B |
| TOTAL ASSETS | $44.8B |
| Account Payables | $9.6B |
| Short-Term Debt | $168M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.4B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $19.2B |
| TOTAL LIABILITIES | $33.6B |
| Common Stock | $42M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$854M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $44.8B |
| Total Debt | $16.5B |
| Net Debt | $11.9B |
