| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.5B | -2.6% | -4.1% |
| Op. Income | $570M | $678M | $609M | -15.9% | -6.5% |
| Gross Margin | 58.4% | 55.4% | 56.1% | 3.0pp | 2.3pp |
| Net Margin | 30.7% | 39.9% | 20.0% | -9.1pp | 10.7pp |
| EPS (Diluted) | $0.66 | $0.87 | $0.44 | -24.4% | 50.0% |
| Free Cash Flow | $189M | $479M | $98M | -60.5% | 93.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $596M |
| GROSS PROFIT | $836M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $266M |
| Operating Expenses | $266M |
| Cost & Expenses | $862M |
| OPERATING INCOME | $570M |
| Interest Income | $0 |
| Interest Expense | $80M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $580M |
| Income Tax Expense | $140M |
| Net Income from Continuing Ops | $440M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440M |
| D&A | $148M |
| EBIT | $660M |
| EBITDA | $808M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $596M |
| GROSS PROFIT | $836M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $266M |
| Operating Expenses | $266M |
| Cost & Expenses | $862M |
| OPERATING INCOME | $570M |
| Interest Income | $0 |
| Interest Expense | $80M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $580M |
| Income Tax Expense | $140M |
| Net Income from Continuing Ops | $440M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440M |
| D&A | $148M |
| EBIT | $660M |
| EBITDA | $808M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $440M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | -$133M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $425M |
| Capital Expenditure | -$236M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$209M |
| Net Debt Issuance | $53M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$93M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $189M |
| Net Change in Cash | $156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $0 |
| Net Receivables | $614M |
| Inventory | $156M |
| Other Current Assets | $154M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $15.0B |
| Goodwill | $0 |
| Intangible Assets | $271M |
| Long-Term Investments | $145M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $16.4B |
| TOTAL ASSETS | $17.6B |
| Account Payables | $988M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $813M |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $17.6B |
| Total Debt | $7.4B |
| Net Debt | $7.1B |
