| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.6B | $2.7B | 4.5% | 2.7% |
| Op. Income | $1.1B | $980M | $1.0B | 16.8% | 11.0% |
| Gross Margin | 45.1% | 42.4% | 42.0% | 2.6pp | 3.1pp |
| Net Margin | 31.9% | 47.0% | 27.9% | -15.0pp | 4.0pp |
| EPS (Diluted) | $1.24 | $1.73 | $1.05 | -28.3% | 18.9% |
| Free Cash Flow | $856M | $1.2B | $843M | -27.7% | 1.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$80M |
| SG&A Expenses | -$80M |
| Other Expenses | $172M |
| Operating Expenses | $91M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $91M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $273M |
| Net Income from Continuing Ops | $876M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $876M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $876M |
| D&A | $280M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$80M |
| SG&A Expenses | -$80M |
| Other Expenses | $172M |
| Operating Expenses | $91M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $91M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $273M |
| Net Income from Continuing Ops | $876M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $876M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $876M |
| D&A | $280M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $878M |
| Depreciation & Amortization | $280M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $113M |
| Other Non-Cash Items | -$54M |
| Change in Working Capital | $308M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$668M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | -$628M |
| Net Debt Issuance | -$755M |
| Common Stock Repurchased | -$806M |
| Common Dividends Paid | -$316M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $856M |
| Net Change in Cash | -$984M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $612M |
| Short-Term Investments | $0 |
| Net Receivables | $785M |
| Inventory | $430M |
| Other Current Assets | $572M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $30.4B |
| Goodwill | $51M |
| Intangible Assets | $102M |
| Long-Term Investments | $87M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $33.0B |
| TOTAL ASSETS | $35.5B |
| Account Payables | $660M |
| Short-Term Debt | $371M |
| Deferred Revenue | $54M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $8.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.8B |
| Other Non-Current Liabilities | $783M |
| TOTAL NON-CURRENT LIABILITIES | $16.6B |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $290M |
| Retained Earnings | $15.3B |
| Treasury Stock | -$75M |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.6B |
| TOTAL LIABILITIES & EQUITY | $35.5B |
| Total Debt | $9.4B |
| Net Debt | $8.8B |
