| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.3B | $19.6B | $15.2B | -6.5% | 20.8% |
| Op. Income | $1.5B | $1.9B | $932M | -20.1% | 60.1% |
| Gross Margin | 18.0% | 19.9% | 14.8% | -1.9pp | 3.2pp |
| Net Margin | 5.7% | 6.7% | 2.7% | -1.0pp | 2.9pp |
| EPS (Diluted) | $0.46 | $0.54 | $0.16 | -14.9% | 182.7% |
| Free Cash Flow | -$554M | $1.2B | -$702M | -146.7% | 21.1% |
| Item | Amount |
|---|---|
| REVENUE | $18.3B |
| Cost of Revenue | $15.0B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $640M |
| SG&A Expenses | $1.8B |
| Other Expenses | $6M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $265M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $357M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $491M |
| EBIT | $1.5B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18.3B |
| Cost of Revenue | $15.0B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $640M |
| SG&A Expenses | $1.8B |
| Other Expenses | $6M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $265M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $357M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $491M |
| EBIT | $1.5B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $491M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$635M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | -$113M |
| Capital Expenditure | -$441M |
| Acquisitions (Net) | -$145M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$587M |
| Net Debt Issuance | $614M |
| Common Stock Repurchased | -$377M |
| Common Dividends Paid | -$2.0K |
| Other Financing Activities | -$82M |
| NET CASH FROM FINANCING | $156M |
| FREE CASH FLOW | -$554M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $6.8B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $15.1B |
| PP&E (Net) | $12.7B |
| Goodwill | $6.0B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $50M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $23.0B |
| TOTAL ASSETS | $38.1B |
| Account Payables | $5.0B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $14.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $18.1B |
| TOTAL LIABILITIES | $28.8B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $661M |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $38.1B |
| Total Debt | $19.0B |
| Net Debt | $15.5B |
