| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.4B | 4.0% | -5.9% |
| Op. Income | $569M | $563M | $635M | 1.2% | -10.4% |
| Gross Margin | 58.4% | 60.4% | 59.8% | -2.0pp | -1.4pp |
| Net Margin | 32.1% | 35.4% | 31.2% | -3.3pp | 0.9pp |
| EPS (Diluted) | $0.64 | $0.68 | $0.65 | -5.4% | -1.1% |
| Free Cash Flow | $7M | $243M | $262M | -97.3% | -97.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $566M |
| GROSS PROFIT | $795M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $226M |
| Operating Expenses | $226M |
| Cost & Expenses | $792M |
| OPERATING INCOME | $569M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $575M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $437M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $437M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $437M |
| D&A | $143M |
| EBIT | $658M |
| EBITDA | $801M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $566M |
| GROSS PROFIT | $795M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $226M |
| Operating Expenses | $226M |
| Cost & Expenses | $792M |
| OPERATING INCOME | $569M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $575M |
| Income Tax Expense | $138M |
| Net Income from Continuing Ops | $437M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $437M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $437M |
| D&A | $143M |
| EBIT | $658M |
| EBITDA | $801M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $437M |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | -$216M |
| OPERATING CASH FLOW | $360M |
| Capital Expenditure | -$354M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $730.8K |
| NET CASH FROM INVESTING | -$353M |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | -$292M |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $0 |
| Net Receivables | $614M |
| Inventory | $135M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $968M |
| PP&E (Net) | $14.7B |
| Goodwill | $0 |
| Intangible Assets | $208M |
| Long-Term Investments | $163M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $16.4B |
| TOTAL ASSETS | $17.4B |
| Account Payables | $998M |
| Short-Term Debt | $626M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $762M |
| TOTAL NON-CURRENT LIABILITIES | $10.2B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $17.4B |
| Total Debt | $7.4B |
| Net Debt | $7.3B |
