| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.3B | — | $17.9B | — | -14.5% |
| Op. Income | -$1.6B | — | -$2.2B | — | 29.6% |
| Gross Margin | 5.5% | — | -4.4% | — | 9.9pp |
| Net Margin | -55.0% | — | -5.6% | — | -49.4pp |
| EPS (Diluted) | $-14.65 | — | $-1.79 | — | -718.4% |
| Free Cash Flow | -$4.3B | — | -$2.8B | — | -54.1% |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $14.5B |
| GROSS PROFIT | $837M |
| R&D Expenses | $605M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $16.9B |
| OPERATING INCOME | -$1.6B |
| Interest Income | $0 |
| Interest Expense | $698M |
| Other Income/Expenses | -$7.0B |
| INCOME BEFORE TAX | -$8.6B |
| Income Tax Expense | -$186M |
| Net Income from Continuing Ops | -$8.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8.4B |
| D&A | $578M |
| EBIT | -$7.9B |
| EBITDA | -$7.3B |
| EPS | -$15 |
| EPS Diluted | -$15 |
| Item | Amount |
|---|---|
| Net Income | -$8.4B |
| Depreciation & Amortization | $578M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | $6.6B |
| Other Non-Cash Items | $745M |
| Change in Working Capital | -$3.6B |
| OPERATING CASH FLOW | -$4.0B |
| Capital Expenditure | -$265M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | -$11.8B |
| Sales/Maturities of Investments | $10.5B |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $2.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $2.7B |
| FREE CASH FLOW | -$4.3B |
| Net Change in Cash | -$2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.8B |
| Short-Term Investments | $17.8B |
| Net Receivables | $10.1B |
| Inventory | $81.7B |
| Other Current Assets | $4.3B |
| TOTAL CURRENT ASSETS | $121.6B |
| PP&E (Net) | $11.8B |
| Goodwill | $8.1B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $1.0B |
| Tax Assets | $86M |
| Other Non-Current Assets | $6.6B |
| TOTAL NON-CURRENT ASSETS | $30.5B |
| TOTAL ASSETS | $152.1B |
| Account Payables | $12.9B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $50.5B |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $87.3B |
| Long-Term Debt | $61.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $20.0B |
| TOTAL NON-CURRENT LIABILITIES | $82.9B |
| TOTAL LIABILITIES | $170.2B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | $38.6B |
| Treasury Stock | -$52.6B |
| Accum. Other Comp. Income | -$17.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$18.3B |
| Minority Interest | $241M |
| TOTAL EQUITY | -$18.1B |
| TOTAL LIABILITIES & EQUITY | $152.1B |
| Total Debt | $63.9B |
| Net Debt | $56.1B |
