| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $5.1B | $5.2B | -1.9% | -3.8% |
| Op. Income | $987M | -$1.8B | $980M | 154.6% | 0.7% |
| Gross Margin | 33.9% | 56.5% | 57.2% | -22.5pp | -23.3pp |
| Net Margin | 9.4% | -44.7% | 6.0% | 54.1pp | 3.4pp |
| EPS (Diluted) | $0.44 | $-2.12 | $0.29 | 120.8% | 51.7% |
| Free Cash Flow | $809M | $924M | $325M | -12.4% | 148.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $719M |
| Other Expenses | $0 |
| Operating Expenses | $719M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $987M |
| Interest Income | $0 |
| Interest Expense | $389M |
| Other Income/Expenses | -$355M |
| INCOME BEFORE TAX | $632M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $475M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $475M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $475M |
| D&A | $1.2B |
| EBIT | $1.0B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $719M |
| Other Expenses | $0 |
| Operating Expenses | $719M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $987M |
| Interest Income | $0 |
| Interest Expense | $389M |
| Other Income/Expenses | -$355M |
| INCOME BEFORE TAX | $632M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $475M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $475M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $475M |
| D&A | $1.2B |
| EBIT | $1.0B |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $475M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $131M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | -$223M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$716M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | -$675M |
| Net Debt Issuance | -$435M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$294M |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | -$774M |
| FREE CASH FLOW | $809M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $486M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $100M |
| Other Current Assets | $351M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $26.1B |
| Goodwill | $18.9B |
| Intangible Assets | $7.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $55.5B |
| TOTAL ASSETS | $58.8B |
| Account Payables | $1.0B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $758M |
| Other Current Liabilities | $307M |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $27.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $39.7B |
| TOTAL LIABILITIES | $47.5B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $20.6B |
| Retained Earnings | -$7.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.3B |
| TOTAL LIABILITIES & EQUITY | $58.8B |
| Total Debt | $31.8B |
| Net Debt | $31.3B |
