Reported June 29, 2020
| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $2.0B | -4.5% | -5.3% |
| Op. Income | $597M | $689M | $588M | -13.5% | 1.4% |
| Gross Margin | 71.2% | 71.4% | 63.6% | -0.3pp | 7.5pp |
| Net Margin | 15.7% | 17.1% | 14.1% | -1.4pp | 1.6pp |
| EPS (Diluted) | $0.30 | $0.34 | $0.28 | -12.5% | 5.6% |
| Free Cash Flow | $368M | $783M | $323M | -53.0% | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $277M |
| SG&A Expenses | $324M |
| Other Expenses | $417M |
| Operating Expenses | $741M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $597M |
| Interest Income | $15M |
| Interest Expense | $64M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $525M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $412M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $409M |
| EBIT | $589M |
| EBITDA | $998M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $277M |
| SG&A Expenses | $324M |
| Other Expenses | $417M |
| Operating Expenses | $741M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $597M |
| Interest Income | $15M |
| Interest Expense | $64M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $525M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $412M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $409M |
| EBIT | $589M |
| EBITDA | $998M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $296M |
| Depreciation & Amortization | $409M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $252M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $958M |
| Capital Expenditure | -$589M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$627M |
| Net Debt Issuance | $215M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$299M |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $368M |
| Net Change in Cash | $224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $48M |
| Net Receivables | $983M |
| Inventory | $49M |
| Other Current Assets | $363M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $9.8B |
| Goodwill | $81M |
| Intangible Assets | $687M |
| Long-Term Investments | $106M |
| Tax Assets | $164M |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $924M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $545M |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $569M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $286M |
| Additional Paid-In Capital | $157M |
| Retained Earnings | $4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $886M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $829M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $3.7B |
| Net Debt | $2.1B |