| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | $2.9B | 0.6% | 3.9% |
| Op. Income | $352M | $353M | $355M | -0.4% | -0.8% |
| Gross Margin | 27.8% | 28.8% | 29.0% | -1.0pp | -1.2pp |
| Net Margin | 9.4% | 9.4% | 9.9% | -0.0pp | -0.5pp |
| EPS (Diluted) | $1.33 | $1.31 | $1.29 | 1.5% | 3.1% |
| Free Cash Flow | $389M | $489M | $366M | -20.4% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $836M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $224M |
| SG&A Expenses | $224M |
| Other Expenses | $260M |
| Operating Expenses | $484M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $352M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $352M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $281M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281M |
| D&A | $28M |
| EBIT | $395M |
| EBITDA | $422M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $836M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $224M |
| SG&A Expenses | $224M |
| Other Expenses | $260M |
| Operating Expenses | $484M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $352M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $352M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $281M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281M |
| D&A | $28M |
| EBIT | $395M |
| EBITDA | $422M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $281M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$119M |
| Change in Working Capital | $237M |
| OPERATING CASH FLOW | $426M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $741M |
| Other Investing Activities | -$605M |
| NET CASH FROM INVESTING | -$642M |
| Net Debt Issuance | $381M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$55M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $215M |
| FREE CASH FLOW | $389M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $668M |
| Goodwill | $350M |
| Intangible Assets | $0 |
| Long-Term Investments | $54.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.7B |
| TOTAL NON-CURRENT ASSETS | $64.1B |
| TOTAL ASSETS | $65.8B |
| Account Payables | $0 |
| Short-Term Debt | $14M |
| Deferred Revenue | $448M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $462M |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $52.3B |
| TOTAL NON-CURRENT LIABILITIES | $55.9B |
| TOTAL LIABILITIES | $56.4B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $10.3B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$243M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $65.8B |
| Total Debt | $3.6B |
| Net Debt | $3.5B |
