| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.1B | $11.4B | $10.5B | -3.2% | 6.0% |
| Op. Income | $1.5B | $1.1B | $1.3B | 29.8% | 15.1% |
| Gross Margin | 58.8% | 54.8% | 57.6% | 4.0pp | 1.2pp |
| Net Margin | 8.2% | 5.6% | 6.4% | 2.6pp | 1.8pp |
| EPS (Diluted) | $1.06 | $0.75 | $0.78 | 41.3% | 35.9% |
| Free Cash Flow | -$724M | -$256M | -$647M | -182.8% | -11.9% |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $1.6B |
| Operating Expenses | $5.0B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $8M |
| Interest Expense | $288M |
| Other Income/Expenses | -$273M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $295M |
| Net Income from Continuing Ops | $908M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $908M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $908M |
| D&A | $1.6B |
| EBIT | $1.5B |
| EBITDA | $3.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $1.6B |
| Operating Expenses | $5.0B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $8M |
| Interest Expense | $288M |
| Other Income/Expenses | -$273M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $295M |
| Net Income from Continuing Ops | $908M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $908M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $908M |
| D&A | $1.6B |
| EBIT | $1.5B |
| EBITDA | $3.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $908M |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $110M |
| Deferred Income Tax | $288M |
| Other Non-Cash Items | $108M |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | -$966M |
| Net Debt Issuance | -$86M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$190M |
| FREE CASH FLOW | -$724M |
| Net Change in Cash | $236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $1.3B |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $8.7B |
| PP&E (Net) | $33.3B |
| Goodwill | $1.9B |
| Intangible Assets | $35.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $74.3B |
| TOTAL ASSETS | $83.1B |
| Account Payables | $7.3B |
| Short-Term Debt | $848M |
| Deferred Revenue | $665M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $13.3B |
| Long-Term Debt | $11.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.9B |
| Other Non-Current Liabilities | $14.9B |
| TOTAL NON-CURRENT LIABILITIES | $43.6B |
| TOTAL LIABILITIES | $56.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $38.1B |
| Retained Earnings | -$11.4B |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$521M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.2B |
| TOTAL LIABILITIES & EQUITY | $83.1B |
| Total Debt | $27.7B |
| Net Debt | $26.3B |
