| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $4.1B | $3.6B | -10.9% | -0.2% |
| Op. Income | $573M | $932M | $454M | -38.5% | 26.3% |
| Gross Margin | 24.7% | 31.3% | 20.9% | -6.6pp | 3.8pp |
| Net Margin | 12.1% | 18.5% | 4.2% | -6.4pp | 7.8pp |
| EPS (Diluted) | $0.88 | $1.50 | $0.31 | -41.3% | 183.9% |
| Free Cash Flow | -$647M | -$300M | -$796M | -115.4% | 18.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $892M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $319M |
| Operating Expenses | $319M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $573M |
| Interest Income | $0 |
| Interest Expense | $287M |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | $435M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $436M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $436M |
| D&A | $707M |
| EBIT | $677M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $892M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $319M |
| Operating Expenses | $319M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $573M |
| Interest Income | $0 |
| Interest Expense | $287M |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | $435M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $436M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $436M |
| D&A | $707M |
| EBIT | $677M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $435M |
| Depreciation & Amortization | $843M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$343M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$141M |
| OPERATING CASH FLOW | $911M |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | -$1.6B |
| Purchases of Investments | -$349M |
| Sales/Maturities of Investments | $351M |
| Other Investing Activities | $1.6B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$369M |
| Other Financing Activities | -$127M |
| NET CASH FROM FINANCING | $590M |
| FREE CASH FLOW | -$647M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $393M |
| Short-Term Investments | $201M |
| Net Receivables | $1.8B |
| Inventory | $1.3B |
| Other Current Assets | $478M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $64.8B |
| Goodwill | $53M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.6B |
| TOTAL NON-CURRENT ASSETS | $76.4B |
| TOTAL ASSETS | $80.8B |
| Account Payables | $1.7B |
| Short-Term Debt | $4.6B |
| Deferred Revenue | $336M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $9.9B |
| Long-Term Debt | $29.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.2B |
| Other Non-Current Liabilities | $12.2B |
| TOTAL NON-CURRENT LIABILITIES | $50.1B |
| TOTAL LIABILITIES | $60.0B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $10.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.6B |
| Minority Interest | $224M |
| TOTAL EQUITY | $20.8B |
| TOTAL LIABILITIES & EQUITY | $80.8B |
| Total Debt | $34.4B |
| Net Debt | $34.0B |
