| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61.6B | $68.3B | $65.4B | -9.7% | -5.8% |
| Op. Income | $2.8B | $5.0B | $5.0B | -43.3% | -43.1% |
| Gross Margin | 21.6% | 23.8% | 24.7% | -2.3pp | -3.2pp |
| Net Margin | 3.8% | 8.8% | 7.1% | -5.0pp | -3.3pp |
| EPS (Diluted) | $0.55 | $1.41 | $1.09 | -61.0% | -49.5% |
| Free Cash Flow | $3.1B | $2.5B | $5.2B | 24.9% | -39.3% |
| Item | Amount |
|---|---|
| REVENUE | $61.6B |
| Cost of Revenue | $48.3B |
| GROSS PROFIT | $13.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.8B |
| SG&A Expenses | $2.8B |
| Other Expenses | $7.7B |
| Operating Expenses | $10.5B |
| Cost & Expenses | $58.8B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $181M |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $4.6B |
| EBIT | $4.5B |
| EBITDA | $9.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $61.6B |
| Cost of Revenue | $48.3B |
| GROSS PROFIT | $13.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.8B |
| SG&A Expenses | $2.8B |
| Other Expenses | $7.7B |
| Operating Expenses | $10.5B |
| Cost & Expenses | $58.8B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $181M |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $4.6B |
| EBIT | $4.5B |
| EBITDA | $9.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $4.6B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$840M |
| Change in Working Capital | $2.3B |
| OPERATING CASH FLOW | $8.3B |
| Capital Expenditure | -$5.2B |
| Acquisitions (Net) | $107M |
| Purchases of Investments | -$910M |
| Sales/Maturities of Investments | $803M |
| Other Investing Activities | -$594M |
| NET CASH FROM INVESTING | -$5.8B |
| Net Debt Issuance | $3.0B |
| Common Stock Repurchased | -$421M |
| Common Dividends Paid | -$3.5B |
| Other Financing Activities | -$117M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $0 |
| Net Receivables | $27.1B |
| Inventory | $18.3B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $51.6B |
| PP&E (Net) | $248.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $42.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.0B |
| TOTAL NON-CURRENT ASSETS | $304.6B |
| TOTAL ASSETS | $356.2B |
| Account Payables | $42.1B |
| Short-Term Debt | $21.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $66.6B |
| Long-Term Debt | $19.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27.3B |
| Other Non-Current Liabilities | $45.2B |
| TOTAL NON-CURRENT LIABILITIES | $91.5B |
| TOTAL LIABILITIES | $158.2B |
| Common Stock | $15.5B |
| Additional Paid-In Capital | $15.5B |
| Retained Earnings | $420.5B |
| Treasury Stock | -$226.0B |
| Accum. Other Comp. Income | -$18.8B |
| Other Equity | -$15.5B |
| TOTAL STOCKHOLDERS' EQUITY | $191.2B |
| Minority Interest | $6.8B |
| TOTAL EQUITY | $198.0B |
| TOTAL LIABILITIES & EQUITY | $356.2B |
| Total Debt | $40.8B |
| Net Debt | $36.2B |
