| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $2.2B | $4.8B | 58.8% | -29.0% |
| Op. Income | $264M | -$630M | $1.3B | 141.9% | -79.6% |
| Gross Margin | 10.6% | -23.8% | 29.1% | 34.4pp | -18.6pp |
| Net Margin | 8.7% | -10.5% | 15.6% | 19.3pp | -6.9pp |
| EPS (Diluted) | $0.12 | $-0.10 | $0.31 | 230.8% | -60.5% |
| Free Cash Flow | $991M | -$535M | $1.2B | 285.2% | -16.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $362M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $37M |
| Operating Expenses | $98M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $264M |
| Interest Income | $0 |
| Interest Expense | $127M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $305M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298M |
| D&A | $1.1B |
| EBIT | $432M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $362M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $37M |
| Operating Expenses | $98M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $264M |
| Interest Income | $0 |
| Interest Expense | $127M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $305M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298M |
| D&A | $1.1B |
| EBIT | $432M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $298M |
| Depreciation & Amortization | $873M |
| Stock-Based Compensation | -$4M |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $272M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$522M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $52M |
| NET CASH FROM INVESTING | -$470M |
| Net Debt Issuance | -$719M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$367M |
| Other Financing Activities | $730.8K |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $991M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $199M |
| Net Receivables | $1.4B |
| Inventory | $791M |
| Other Current Assets | $192M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $50.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $760M |
| TOTAL NON-CURRENT ASSETS | $50.9B |
| TOTAL ASSETS | $53.9B |
| Account Payables | $603M |
| Short-Term Debt | $605M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $286M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $15.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.6B |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $27.3B |
| TOTAL LIABILITIES | $30.4B |
| Common Stock | $7.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $16.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.5B |
| TOTAL LIABILITIES & EQUITY | $53.9B |
| Total Debt | $16.0B |
| Net Debt | $15.9B |
