| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $5.5B | $5.3B | 3.6% | 8.0% |
| Op. Income | $2.1B | $1.9B | $2.0B | 8.3% | 4.7% |
| Gross Margin | 41.4% | 40.3% | 42.4% | 1.1pp | -1.0pp |
| Net Margin | 26.6% | 23.9% | 22.2% | 2.7pp | 4.4pp |
| EPS (Diluted) | $1.98 | $1.68 | $1.45 | 17.9% | 36.6% |
| Free Cash Flow | $1.4B | $991M | $798M | 44.1% | 78.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $248M |
| Operating Expenses | $248M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.1B |
| Interest Income | $5M |
| Interest Expense | $203M |
| Other Income/Expenses | -$161M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $429M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $546M |
| EBIT | $2.1B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $248M |
| Operating Expenses | $248M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.1B |
| Interest Income | $5M |
| Interest Expense | $203M |
| Other Income/Expenses | -$161M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $429M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $546M |
| EBIT | $2.1B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $546M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $92M |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$704M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$706M |
| Net Debt Issuance | $5.2B |
| Common Stock Repurchased | -$5.5B |
| Common Dividends Paid | -$557M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$870M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $556M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $90M |
| Net Receivables | $1.6B |
| Inventory | $772M |
| Other Current Assets | $394M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $51.3B |
| Goodwill | $0 |
| Intangible Assets | $645M |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $392M |
| TOTAL NON-CURRENT ASSETS | $54.2B |
| TOTAL ASSETS | $58.7B |
| Account Payables | $844M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $570M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $21.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11.1B |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $34.4B |
| TOTAL LIABILITIES | $38.8B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $43.3B |
| Treasury Stock | -$28.5B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.9B |
| TOTAL LIABILITIES & EQUITY | $58.7B |
| Total Debt | $22.8B |
| Net Debt | $21.2B |