| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.2B | $3.1B | 37.4% | -1.3% |
| Op. Income | $479M | $162M | $436M | 195.7% | 9.9% |
| Gross Margin | 29.1% | 25.4% | 27.8% | 3.6pp | 1.2pp |
| Net Margin | 15.5% | 12.4% | 10.2% | 3.1pp | 5.3pp |
| EPS (Diluted) | $1.92 | $132.00 | $1.73 | -98.5% | 11.0% |
| Free Cash Flow | $235M | -$215M | -$229M | 209.3% | 202.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $895M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $416M |
| Operating Expenses | $416M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $479M |
| Interest Income | $0 |
| Interest Expense | $138M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $370M |
| Net Income from Discontinued Ops | $104M |
| Other Adjustments | $0 |
| NET INCOME | $476M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $365M |
| EBIT | $472M |
| EBITDA | $837M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $895M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $416M |
| Operating Expenses | $416M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $479M |
| Interest Income | $0 |
| Interest Expense | $138M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $370M |
| Net Income from Discontinued Ops | $104M |
| Other Adjustments | $0 |
| NET INCOME | $476M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $365M |
| EBIT | $472M |
| EBITDA | $837M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $476M |
| Depreciation & Amortization | $365M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $203M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$865M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$908M |
| Net Debt Issuance | $657M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$184M |
| Other Financing Activities | -$324M |
| NET CASH FROM FINANCING | $149M |
| FREE CASH FLOW | $235M |
| Net Change in Cash | $341M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $945M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $815M |
| Other Current Assets | $642M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $27.3B |
| Goodwill | $2.5B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $2.1B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $40.6B |
| TOTAL ASSETS | $44.4B |
| Account Payables | $964M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $799M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $18.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.2B |
| TOTAL NON-CURRENT LIABILITIES | $28.5B |
| TOTAL LIABILITIES | $32.0B |
| Common Stock | $5.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.3B |
| Minority Interest | $165M |
| TOTAL EQUITY | $12.5B |
| TOTAL LIABILITIES & EQUITY | $44.4B |
| Total Debt | $19.8B |
| Net Debt | $18.8B |
