| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.8B | $10.2B | $9.1B | -4.5% | 7.6% |
| Op. Income | $494M | $922M | $571M | -46.4% | -13.5% |
| Gross Margin | 10.4% | 14.1% | 11.5% | -3.7pp | -1.1pp |
| Net Margin | 3.2% | 15.9% | 3.7% | -12.7pp | -0.5pp |
| EPS (Diluted) | $0.85 | $4.40 | $0.92 | -80.7% | -7.6% |
| Free Cash Flow | -$250M | $830M | -$419M | -130.1% | 40.3% |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $521M |
| Other Expenses | $0 |
| Operating Expenses | $521M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $494M |
| Interest Income | $2M |
| Interest Expense | $86M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $423M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $316M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $230M |
| EBIT | $509M |
| EBITDA | $739M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $521M |
| Other Expenses | $0 |
| Operating Expenses | $521M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $494M |
| Interest Income | $2M |
| Interest Expense | $86M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $423M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $316M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $230M |
| EBIT | $509M |
| EBITDA | $739M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $316M |
| Depreciation & Amortization | $230M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $103M |
| Change in Working Capital | -$665M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$263M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$264M |
| Net Debt Issuance | $310M |
| Common Stock Repurchased | -$73M |
| Common Dividends Paid | -$108M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $153M |
| FREE CASH FLOW | -$250M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $3.3B |
| Other Current Assets | $870M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $5.8B |
| Goodwill | $9.4B |
| Intangible Assets | $6.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $711M |
| TOTAL NON-CURRENT ASSETS | $22.1B |
| TOTAL ASSETS | $28.1B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $728M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $12.1B |
| TOTAL LIABILITIES | $15.9B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $11.5B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $20M |
| TOTAL EQUITY | $12.2B |
| TOTAL LIABILITIES & EQUITY | $28.1B |
| Total Debt | $10.0B |
| Net Debt | $9.8B |
