| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $3.6B | $3.8B | 18.5% | 13.9% |
| Op. Income | $809M | $573M | $762M | 41.3% | 6.2% |
| Gross Margin | 27.0% | 24.7% | 28.8% | 2.3pp | -1.8pp |
| Net Margin | 13.4% | 12.1% | 13.2% | 1.4pp | 0.3pp |
| EPS (Diluted) | $1.15 | $0.88 | $1.00 | 30.7% | 15.0% |
| Free Cash Flow | -$1.7B | -$647M | -$1.2B | -157.7% | -41.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $347M |
| Operating Expenses | $347M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $809M |
| Interest Income | $0 |
| Interest Expense | $289M |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $633M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $579M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $575M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $575M |
| D&A | $719M |
| EBIT | $894M |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $347M |
| Operating Expenses | $347M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $809M |
| Interest Income | $0 |
| Interest Expense | $289M |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $633M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $579M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $575M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $575M |
| D&A | $719M |
| EBIT | $894M |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $575M |
| Depreciation & Amortization | $752M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | -$1.3B |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | -$117M |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | -$103M |
| Purchases of Investments | -$338M |
| Sales/Maturities of Investments | $326M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$372M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | -$1.7B |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $273M |
| Short-Term Investments | $199M |
| Net Receivables | $1.9B |
| Inventory | $1.3B |
| Other Current Assets | $531M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $65.5B |
| Goodwill | $53M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.1B |
| TOTAL NON-CURRENT ASSETS | $78.7B |
| TOTAL ASSETS | $83.0B |
| Account Payables | $1.7B |
| Short-Term Debt | $5.2B |
| Deferred Revenue | $331M |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $30.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.3B |
| Other Non-Current Liabilities | $12.4B |
| TOTAL NON-CURRENT LIABILITIES | $51.5B |
| TOTAL LIABILITIES | $61.8B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | $10.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.0B |
| Minority Interest | $247M |
| TOTAL EQUITY | $21.2B |
| TOTAL LIABILITIES & EQUITY | $83.0B |
| Total Debt | $36.3B |
| Net Debt | $36.0B |
