| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.6B | $12.1B | $19.0B | 12.6% | -28.3% |
| Op. Income | $327M | $257M | -$208M | 27.3% | 257.3% |
| Gross Margin | 9.7% | 9.9% | 13.0% | -0.2pp | -3.3pp |
| Net Margin | -6.9% | -4.9% | -11.7% | -2.0pp | 4.8pp |
| EPS (Diluted) | $-0.47 | $-0.33 | $-1.24 | -42.9% | 62.3% |
| Free Cash Flow | -$233M | $663M | $1.7B | -135.1% | -113.4% |
| Item | Amount |
|---|---|
| REVENUE | $13.6B |
| Cost of Revenue | $12.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $753M |
| SG&A Expenses | $753M |
| Other Expenses | $237M |
| Operating Expenses | $990M |
| Cost & Expenses | $13.3B |
| OPERATING INCOME | $327M |
| Interest Income | $561M |
| Interest Expense | $1.1B |
| Other Income/Expenses | -$679M |
| INCOME BEFORE TAX | -$352M |
| Income Tax Expense | $578M |
| Net Income from Continuing Ops | -$929M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$932M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$932M |
| D&A | $2.0B |
| EBIT | $650M |
| EBITDA | $2.6B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$929M |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $578M |
| Other Non-Cash Items | $293M |
| Change in Working Capital | -$739M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | -$97M |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $306M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$417M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $3.5B |
| NET CASH FROM FINANCING | $3.1B |
| FREE CASH FLOW | -$233M |
| Net Change in Cash | $3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.5B |
| Short-Term Investments | $7.9B |
| Net Receivables | $16.5B |
| Inventory | $5.6B |
| Other Current Assets | $3.5B |
| TOTAL CURRENT ASSETS | $47.0B |
| PP&E (Net) | $83.8B |
| Goodwill | $1.9B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $12.8B |
| Tax Assets | $10.3B |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $114.2B |
| TOTAL ASSETS | $161.2B |
| Account Payables | $12.4B |
| Short-Term Debt | $8.1B |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $11.2B |
| TOTAL CURRENT LIABILITIES | $33.9B |
| Long-Term Debt | $31.3B |
| Deferred Revenue NC | $564M |
| Deferred Tax Liabilities | $12.3B |
| Other Non-Current Liabilities | $23.6B |
| TOTAL NON-CURRENT LIABILITIES | $73.7B |
| TOTAL LIABILITIES | $107.6B |
| Common Stock | $5.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $36.3B |
| Treasury Stock | -$831M |
| Accum. Other Comp. Income | $12.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53.5B |
| Minority Interest | $112M |
| TOTAL EQUITY | $53.6B |
| TOTAL LIABILITIES & EQUITY | $161.2B |
| Total Debt | $45.4B |
| Net Debt | $31.9B |
