| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.8B | $3.1B | 0.5% | -10.5% |
| Op. Income | $455M | $450M | $486M | 1.1% | -6.4% |
| Gross Margin | 40.6% | 39.6% | 36.3% | 1.0pp | 4.3pp |
| Net Margin | 10.5% | 10.4% | 10.0% | 0.1pp | 0.5pp |
| EPS (Diluted) | $0.56 | $0.56 | $0.61 | 0.0% | -8.2% |
| Free Cash Flow | -$938M | -$501M | -$51M | -87.2% | -1739.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $686M |
| Operating Expenses | $686M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $455M |
| Interest Income | $0 |
| Interest Expense | $196M |
| Other Income/Expenses | -$166M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $295M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $295M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $295M |
| D&A | $499M |
| EBIT | $471M |
| EBITDA | $970M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $686M |
| Operating Expenses | $686M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $455M |
| Interest Income | $0 |
| Interest Expense | $196M |
| Other Income/Expenses | -$166M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $295M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $295M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $295M |
| D&A | $499M |
| EBIT | $471M |
| EBITDA | $970M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $295M |
| Depreciation & Amortization | $499M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$176M |
| OPERATING CASH FLOW | $669M |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | -$1.9B |
| Purchases of Investments | -$835M |
| Sales/Maturities of Investments | $830M |
| Other Investing Activities | $1.9B |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$204M |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | $933M |
| FREE CASH FLOW | -$938M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $488M |
| Other Current Assets | $783M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $42.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $48.1B |
| TOTAL ASSETS | $51.1B |
| Account Payables | $996M |
| Short-Term Debt | $2.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $887M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $17.0B |
| Deferred Revenue NC | $202M |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $9.1B |
| TOTAL NON-CURRENT LIABILITIES | $32.0B |
| TOTAL LIABILITIES | $37.8B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | $5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.3B |
| TOTAL LIABILITIES & EQUITY | $51.1B |
| Total Debt | $21.2B |
| Net Debt | $20.9B |
