| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.7B | $16.5B | $15.4B | 1.3% | 8.6% |
| Op. Income | $600M | $486M | $259M | 23.4% | 132.0% |
| Gross Margin | 28.9% | 28.6% | 29.3% | 0.3pp | -0.4pp |
| Net Margin | 2.5% | 1.8% | 0.8% | 0.7pp | 1.7pp |
| EPS (Diluted) | $0.74 | $0.52 | $0.20 | 42.3% | 270.0% |
| Free Cash Flow | $251M | $770M | -$105M | -67.4% | 339.5% |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $11.9B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | -$13M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $16.1B |
| OPERATING INCOME | $600M |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $523M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $425M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $425M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $425M |
| D&A | $535M |
| EBIT | $634M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $11.9B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.2B |
| Other Expenses | -$13M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $16.1B |
| OPERATING INCOME | $600M |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $523M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $425M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $425M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $425M |
| D&A | $535M |
| EBIT | $634M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $425M |
| Depreciation & Amortization | $535M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $56M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$367M |
| OPERATING CASH FLOW | $645M |
| Capital Expenditure | -$394M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$387M |
| Net Debt Issuance | -$349M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$447M |
| FREE CASH FLOW | $251M |
| Net Change in Cash | -$189M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $12M |
| Net Receivables | $607M |
| Inventory | $4.7B |
| Other Current Assets | $378M |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $15.2B |
| Goodwill | $1.2B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $138M |
| Tax Assets | $0 |
| Other Non-Current Assets | $806M |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $27.9B |
| Account Payables | $4.1B |
| Short-Term Debt | $710M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $9.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $685M |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $18.2B |
| TOTAL LIABILITIES | $25.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | $79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $27.9B |
| Total Debt | $15.7B |
| Net Debt | $13.0B |
