| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.5B | $2.6B | 7.2% | 2.0% |
| Op. Income | $1.0B | $998M | $890M | 3.3% | 15.8% |
| Gross Margin | 42.0% | 43.4% | 37.5% | -1.5pp | 4.5pp |
| Net Margin | 27.9% | 28.9% | 24.4% | -1.0pp | 3.6pp |
| EPS (Diluted) | $1.05 | $1.01 | $0.89 | 3.6% | 17.2% |
| Free Cash Flow | $843M | $387M | $365M | 118.0% | 130.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$57M |
| SG&A Expenses | -$57M |
| Other Expenses | $147M |
| Operating Expenses | $90M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $990M |
| Income Tax Expense | $244M |
| Net Income from Continuing Ops | $746M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $746M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $746M |
| D&A | $294M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$57M |
| SG&A Expenses | -$57M |
| Other Expenses | $147M |
| Operating Expenses | $90M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $990M |
| Income Tax Expense | $244M |
| Net Income from Continuing Ops | $746M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $746M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $746M |
| D&A | $294M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $746M |
| Depreciation & Amortization | $294M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $84M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | $376M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$625M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$634M |
| Net Debt Issuance | -$316M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$299M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$625M |
| FREE CASH FLOW | $843M |
| Net Change in Cash | $208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $416M |
| Short-Term Investments | $0 |
| Net Receivables | $832M |
| Inventory | $426M |
| Other Current Assets | $485M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $29.6B |
| Goodwill | $51M |
| Intangible Assets | $106M |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $658M |
| TOTAL NON-CURRENT ASSETS | $30.5B |
| TOTAL ASSETS | $32.7B |
| Account Payables | $570M |
| Short-Term Debt | $665M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $124M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $8.8B |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $6.0B |
| Other Non-Current Liabilities | $889M |
| TOTAL NON-CURRENT LIABILITIES | $16.0B |
| TOTAL LIABILITIES | $18.4B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $277M |
| Retained Earnings | $14.0B |
| Treasury Stock | -$84M |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $32.7B |
| Total Debt | $9.7B |
| Net Debt | $9.3B |
