| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.6B | — | 7.6% | — |
| Op. Income | $183M | $558M | — | -67.2% | — |
| Gross Margin | 13.4% | 22.7% | — | -9.3pp | — |
| Net Margin | 0.8% | 8.6% | — | -7.9pp | — |
| EPS (Diluted) | $0.19 | $2.03 | — | -90.6% | — |
| Free Cash Flow | -$431M | $46M | — | -1037.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $659M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $476M |
| Operating Expenses | $476M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $183M |
| Interest Income | $8M |
| Interest Expense | $161M |
| Other Income/Expenses | -$168M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $374M |
| EBIT | $183M |
| EBITDA | $557M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $659M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $476M |
| Operating Expenses | $476M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $183M |
| Interest Income | $8M |
| Interest Expense | $161M |
| Other Income/Expenses | -$168M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $374M |
| EBIT | $183M |
| EBITDA | $557M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $374M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $336M |
| Capital Expenditure | -$767M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$313M |
| Sales/Maturities of Investments | $306M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$793M |
| Net Debt Issuance | $571M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$171M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $383M |
| FREE CASH FLOW | -$431M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $855M |
| Other Current Assets | $998M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $27.8B |
| Goodwill | $2.0B |
| Intangible Assets | $171M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $37.2B |
| TOTAL ASSETS | $41.3B |
| Account Payables | $1.7B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $15.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $7.9B |
| TOTAL NON-CURRENT LIABILITIES | $25.8B |
| TOTAL LIABILITIES | $32.7B |
| Common Stock | $5.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$104M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $5M |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $41.3B |
| Total Debt | $19.2B |
| Net Debt | $19.1B |
