| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.1B | $9.5B | $19.5B | 26.6% | -38.1% |
| Op. Income | $257M | -$3.1B | $2.2B | 108.2% | -88.2% |
| Gross Margin | 9.9% | 8.1% | 14.6% | 1.7pp | -4.7pp |
| Net Margin | -4.9% | -54.0% | 3.1% | 49.1pp | -8.0pp |
| EPS (Diluted) | $-0.33 | $-2.88 | $0.35 | 88.6% | -193.3% |
| Free Cash Flow | $663M | $497M | $182M | 33.4% | 263.5% |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $792M |
| SG&A Expenses | $792M |
| Other Expenses | $141M |
| Operating Expenses | $933M |
| Cost & Expenses | $11.8B |
| OPERATING INCOME | $257M |
| Interest Income | $1.2B |
| Interest Expense | $1.8B |
| Other Income/Expenses | -$254M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $589M |
| Net Income from Continuing Ops | -$586M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$588M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$588M |
| D&A | $2.1B |
| EBIT | $1.8B |
| EBITDA | $3.8B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$586M |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $589M |
| Other Non-Cash Items | -$292M |
| Change in Working Capital | -$87M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $251M |
| NET CASH FROM INVESTING | -$953M |
| Net Debt Issuance | $185M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$495M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$310M |
| FREE CASH FLOW | $663M |
| Net Change in Cash | $412M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.4B |
| Short-Term Investments | $7.7B |
| Net Receivables | $15.0B |
| Inventory | $5.5B |
| Other Current Assets | $4.0B |
| TOTAL CURRENT ASSETS | $41.7B |
| PP&E (Net) | $83.2B |
| Goodwill | $0 |
| Intangible Assets | $4.1B |
| Long-Term Investments | $12.8B |
| Tax Assets | $6.3B |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $109.3B |
| TOTAL ASSETS | $151.0B |
| Account Payables | $16.5B |
| Short-Term Debt | $6.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.4B |
| TOTAL CURRENT LIABILITIES | $32.3B |
| Long-Term Debt | $31.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.2B |
| Other Non-Current Liabilities | $22.6B |
| TOTAL NON-CURRENT LIABILITIES | $68.6B |
| TOTAL LIABILITIES | $100.9B |
| Common Stock | $5.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $36.5B |
| Treasury Stock | -$797M |
| Accum. Other Comp. Income | $8.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50.0B |
| Minority Interest | $100M |
| TOTAL EQUITY | $50.1B |
| TOTAL LIABILITIES & EQUITY | $151.0B |
| Total Debt | $44.8B |
| Net Debt | $35.4B |
