| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.7B | $11.1B | $11.0B | 59.0% | 61.0% |
| Op. Income | $820M | $1.5B | $1.5B | -46.7% | -46.8% |
| Gross Margin | 61.7% | 62.5% | 60.7% | -0.8pp | 1.0pp |
| Net Margin | 0.6% | 8.6% | 8.6% | -7.9pp | -7.9pp |
| EPS (Diluted) | $0.09 | $1.10 | $1.09 | -91.8% | -91.7% |
| Free Cash Flow | -$2.2B | -$235M | -$307M | -846.8% | -624.8% |
| Item | Amount |
|---|---|
| REVENUE | $17.7B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.6B |
| Other Expenses | $4.5B |
| Operating Expenses | $10.1B |
| Cost & Expenses | $16.9B |
| OPERATING INCOME | $820M |
| Interest Income | $6M |
| Interest Expense | $839M |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | -$208M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$210M |
| Net Income from Discontinued Ops | $320M |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $4.1B |
| EBIT | $631M |
| EBITDA | $4.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $4.1B |
| Stock-Based Compensation | $259M |
| Deferred Income Tax | $98M |
| Other Non-Cash Items | $865M |
| Change in Working Capital | -$4.6B |
| OPERATING CASH FLOW | $777M |
| Capital Expenditure | -$3.0B |
| Acquisitions (Net) | -$5.0B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.6B |
| NET CASH FROM INVESTING | -$6.4B |
| Net Debt Issuance | $15.6B |
| Common Stock Repurchased | -$17.0B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$264M |
| NET CASH FROM FINANCING | $15.6B |
| FREE CASH FLOW | -$2.2B |
| Net Change in Cash | $10.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $0 |
| Net Receivables | $6.6B |
| Inventory | $1.5B |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $24.3B |
| PP&E (Net) | $59.3B |
| Goodwill | $10.9B |
| Intangible Assets | $88.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $162.9B |
| TOTAL ASSETS | $187.2B |
| Account Payables | $5.0B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $23.2B |
| Long-Term Debt | $67.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.0B |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $101.0B |
| TOTAL LIABILITIES | $124.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $72.5B |
| Retained Earnings | -$7.8B |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $63.0B |
| TOTAL LIABILITIES & EQUITY | $187.2B |
| Total Debt | $97.8B |
| Net Debt | $86.7B |
