| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.1B | $11.9B | $11.1B | -6.4% | 0.3% |
| Op. Income | $1.5B | $1.2B | $1.5B | 24.7% | 4.3% |
| Gross Margin | 62.5% | 56.1% | 58.8% | 6.4pp | 3.7pp |
| Net Margin | 8.6% | 6.3% | 8.2% | 2.2pp | 0.4pp |
| EPS (Diluted) | $1.10 | $0.87 | $1.06 | 26.4% | 3.8% |
| Free Cash Flow | -$235M | $276M | -$724M | -185.1% | 67.5% |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $1.7B |
| Operating Expenses | $5.4B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $12M |
| Interest Expense | $284M |
| Other Income/Expenses | -$282M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $306M |
| Net Income from Continuing Ops | $951M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $951M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $951M |
| D&A | $1.7B |
| EBIT | $1.5B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.1B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $1.7B |
| Operating Expenses | $5.4B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $12M |
| Interest Expense | $284M |
| Other Income/Expenses | -$282M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $306M |
| Net Income from Continuing Ops | $951M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $951M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $951M |
| D&A | $1.7B |
| EBIT | $1.5B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $951M |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $138M |
| Deferred Income Tax | $310M |
| Other Non-Cash Items | $208M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $272M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$307M |
| Common Stock Repurchased | -$141M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$453M |
| FREE CASH FLOW | -$235M |
| Net Change in Cash | -$416M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $1.2B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $35.9B |
| Goodwill | $1.9B |
| Intangible Assets | $36.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $77.7B |
| TOTAL ASSETS | $87.2B |
| Account Payables | $6.0B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $619M |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $14.8B |
| Long-Term Debt | $22.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.6B |
| Other Non-Current Liabilities | $959M |
| TOTAL NON-CURRENT LIABILITIES | $43.5B |
| TOTAL LIABILITIES | $58.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $38.6B |
| Retained Earnings | -$7.9B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.0B |
| TOTAL LIABILITIES & EQUITY | $87.2B |
| Total Debt | $42.0B |
| Net Debt | $40.9B |
