| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $839M | $1.1B | 62.7% | 21.5% |
| Op. Income | $377M | -$39M | $284M | 1073.6% | 32.6% |
| Gross Margin | 44.7% | 22.6% | 45.0% | 22.1pp | -0.3pp |
| Net Margin | 18.1% | -4.9% | 18.5% | 23.0pp | -0.4pp |
| EPS (Diluted) | $0.94 | $-0.16 | $0.82 | 686.4% | 15.2% |
| Free Cash Flow | -$500M | -$89M | -$213M | -460.7% | -135.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $755M |
| GROSS PROFIT | $610M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $224M |
| Operating Expenses | $233M |
| Cost & Expenses | $988M |
| OPERATING INCOME | $377M |
| Interest Income | $0 |
| Interest Expense | $110M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $170M |
| EBIT | $392M |
| EBITDA | $563M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $755M |
| GROSS PROFIT | $610M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $224M |
| Operating Expenses | $233M |
| Cost & Expenses | $988M |
| OPERATING INCOME | $377M |
| Interest Income | $0 |
| Interest Expense | $110M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $237M |
| D&A | $170M |
| EBIT | $392M |
| EBITDA | $563M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $247M |
| Depreciation & Amortization | $170M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | -$251M |
| Change in Working Capital | -$163M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$558M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$552M |
| Net Debt Issuance | $491M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$83M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $452M |
| FREE CASH FLOW | -$500M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $0 |
| Net Receivables | $783M |
| Inventory | $393M |
| Other Current Assets | $780M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $14.9B |
| Goodwill | $4.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.0B |
| Tax Assets | $216M |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $22.7B |
| TOTAL ASSETS | $25.0B |
| Account Payables | $1.1B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $691M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $14.0B |
| TOTAL LIABILITIES | $17.6B |
| Common Stock | $5.3B |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $985M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $25M |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $25.0B |
| Total Debt | $12.0B |
| Net Debt | $11.7B |
