| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | — | -0.3% | — |
| Op. Income | $383M | $384M | — | -0.3% | — |
| Gross Margin | 74.9% | 76.9% | — | -2.0pp | — |
| Net Margin | 1.0% | 1.6% | — | -0.6pp | — |
| EPS (Diluted) | $0.32 | $0.50 | — | -36.0% | — |
| Free Cash Flow | $178M | $363M | — | -51.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $556M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $606M |
| Other Expenses | $672M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $383M |
| Interest Income | $9M |
| Interest Expense | $222M |
| Other Income/Expenses | -$197M |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $529M |
| EBIT | $368M |
| EBITDA | $897M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $556M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $606M |
| Other Expenses | $672M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $383M |
| Interest Income | $9M |
| Interest Expense | $222M |
| Other Income/Expenses | -$197M |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $529M |
| EBIT | $368M |
| EBITDA | $897M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $529M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $100M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $664M |
| Capital Expenditure | -$486M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$501M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$104M |
| NET CASH FROM FINANCING | -$171M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $82M |
| Net Receivables | $802M |
| Inventory | $169M |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $7.3B |
| Goodwill | $4.0B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $235M |
| Tax Assets | $134M |
| Other Non-Current Assets | $163M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $1.8B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $225M |
| Other Current Liabilities | $812M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $141M |
| Other Non-Current Liabilities | $153M |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $12.8B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $994M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $10.3B |
| Net Debt | $9.1B |
