| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.2B | $15.3B | $11.4B | -1.1% | 33.2% |
| Op. Income | $932M | $946M | $461M | -1.5% | 102.3% |
| Gross Margin | 14.8% | 15.3% | 12.9% | -0.5pp | 1.9pp |
| Net Margin | 2.7% | 5.3% | -10.5% | -2.6pp | 13.2pp |
| EPS (Diluted) | $0.16 | $0.31 | $-0.45 | -47.1% | 136.3% |
| Free Cash Flow | -$702M | $757M | -$128M | -192.7% | -447.0% |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $12.9B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $822M |
| General & Administrative | $504M |
| SG&A Expenses | $1.3B |
| Other Expenses | -$19M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $14.2B |
| OPERATING INCOME | $932M |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$231M |
| INCOME BEFORE TAX | $702M |
| Income Tax Expense | $267M |
| Net Income from Continuing Ops | $434M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $419M |
| EBIT | $929M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $12.9B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $822M |
| General & Administrative | $504M |
| SG&A Expenses | $1.3B |
| Other Expenses | -$19M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $14.2B |
| OPERATING INCOME | $932M |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$231M |
| INCOME BEFORE TAX | $702M |
| Income Tax Expense | $267M |
| Net Income from Continuing Ops | $434M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $412M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $419M |
| EBIT | $929M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $412M |
| Depreciation & Amortization | $419M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | -$358M |
| Capital Expenditure | -$344M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$325M |
| Net Debt Issuance | -$901M |
| Common Stock Repurchased | -$585M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | -$702M |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $5.6B |
| Other Current Assets | $952M |
| TOTAL CURRENT ASSETS | $11.6B |
| PP&E (Net) | $11.8B |
| Goodwill | $6.2B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $41M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $21.9B |
| TOTAL ASSETS | $33.6B |
| Account Payables | $4.4B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $891M |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $12.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $24.7B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$109M |
| Accum. Other Comp. Income | $2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $789M |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $33.6B |
| Total Debt | $15.4B |
| Net Debt | $13.3B |
