| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.8B | $15.4B | $15.4B | 2.4% | 2.2% |
| Op. Income | -$175M | $259M | $327M | -167.6% | -153.5% |
| Gross Margin | 28.9% | 29.3% | 28.6% | -0.4pp | 0.3pp |
| Net Margin | -0.9% | 0.8% | 0.4% | -1.7pp | -1.4pp |
| EPS (Diluted) | $-0.31 | $0.20 | $0.14 | -255.0% | -321.4% |
| Free Cash Flow | $359M | -$105M | $126M | 442.5% | 186.3% |
| Item | Amount |
|---|---|
| REVENUE | $15.8B |
| Cost of Revenue | $11.2B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | $8M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $15.9B |
| OPERATING INCOME | -$175M |
| Interest Income | $0 |
| Interest Expense | $109M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | -$208M |
| Income Tax Expense | -$64M |
| Net Income from Continuing Ops | -$144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$144M |
| D&A | $503M |
| EBIT | -$100M |
| EBITDA | $403M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$144M |
| Depreciation & Amortization | $503M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$96M |
| Other Non-Cash Items | $614M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $907M |
| Capital Expenditure | -$547M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$628M |
| Net Debt Issuance | -$248M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$58M |
| NET CASH FROM FINANCING | -$398M |
| FREE CASH FLOW | $359M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $12M |
| Net Receivables | $551M |
| Inventory | $4.3B |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $15.4B |
| Goodwill | $1.2B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $110M |
| Tax Assets | $2.8B |
| Other Non-Current Assets | $779M |
| TOTAL NON-CURRENT ASSETS | $22.4B |
| TOTAL ASSETS | $29.4B |
| Account Payables | $3.5B |
| Short-Term Debt | $818M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $9.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $21.2B |
| TOTAL LIABILITIES | $28.1B |
| Common Stock | $6M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | $64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $29.4B |
| Total Debt | $16.1B |
| Net Debt | $14.3B |
