| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.0B | $4.3B | 10.0% | 3.7% |
| Op. Income | $833M | $679M | $809M | 22.7% | 2.9% |
| Gross Margin | 27.0% | 25.4% | 27.0% | 1.6pp | -0.0pp |
| Net Margin | 16.1% | 13.3% | 13.4% | 2.7pp | 2.7pp |
| EPS (Diluted) | $1.41 | $1.07 | $1.15 | 31.8% | 22.6% |
| Free Cash Flow | -$96M | -$747M | -$1.7B | 87.2% | 94.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $364M |
| Operating Expenses | $364M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $833M |
| Interest Income | $0 |
| Interest Expense | $312M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $771M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $718M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $715M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $715M |
| D&A | $815M |
| EBIT | $1.1B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $364M |
| Operating Expenses | $364M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $833M |
| Interest Income | $0 |
| Interest Expense | $312M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $771M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $718M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $715M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $715M |
| D&A | $815M |
| EBIT | $1.1B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $718M |
| Depreciation & Amortization | $815M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$100M |
| Other Non-Cash Items | $166M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$509M |
| Sales/Maturities of Investments | $497M |
| Other Investing Activities | $43M |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$399M |
| Other Financing Activities | -$66M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$96M |
| Net Change in Cash | $274M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $676M |
| Short-Term Investments | $209M |
| Net Receivables | $1.9B |
| Inventory | $967M |
| Other Current Assets | $4.2B |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $68.5B |
| Goodwill | $53M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $81.6B |
| TOTAL ASSETS | $89.8B |
| Account Payables | $1.7B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $356M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $30.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.3B |
| Other Non-Current Liabilities | $12.5B |
| TOTAL NON-CURRENT LIABILITIES | $52.2B |
| TOTAL LIABILITIES | $65.8B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $12.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $431M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.8B |
| Minority Interest | $247M |
| TOTAL EQUITY | $24.0B |
| TOTAL LIABILITIES & EQUITY | $89.8B |
| Total Debt | $37.9B |
| Net Debt | $37.2B |
