| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.1B | — | 6.5% | — |
| Op. Income | $464M | $788M | — | -41.1% | — |
| Gross Margin | 77.6% | 78.4% | — | -0.8pp | — |
| Net Margin | 3.1% | 23.3% | — | -20.2pp | — |
| EPS (Diluted) | $1.00 | $7.08 | — | -85.9% | — |
| Free Cash Flow | $309M | $416M | — | -25.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $506M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $761M |
| Other Expenses | $530M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $464M |
| Interest Income | $14M |
| Interest Expense | $210M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $181M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $520M |
| EBIT | $474M |
| EBITDA | $994M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $506M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $761M |
| Other Expenses | $530M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $464M |
| Interest Income | $14M |
| Interest Expense | $210M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $181M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $520M |
| EBIT | $474M |
| EBITDA | $994M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $520M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $63M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $745M |
| Capital Expenditure | -$436M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$453M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$122M |
| NET CASH FROM FINANCING | -$191M |
| FREE CASH FLOW | $309M |
| Net Change in Cash | $734M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $762M |
| Net Receivables | $706M |
| Inventory | $178M |
| Other Current Assets | $355M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $7.2B |
| Goodwill | $4.0B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $0 |
| Tax Assets | $139M |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $13.2B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $156M |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $12.8B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | -$1.0B |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $10.1B |
| Net Debt | $8.7B |
