| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.2B | $5.6B | -0.5% | -7.8% |
| Op. Income | $888M | $903M | $950M | -1.7% | -6.5% |
| Gross Margin | 32.6% | 57.0% | 53.8% | -24.4pp | -21.2pp |
| Net Margin | 7.1% | 7.3% | 5.4% | -0.2pp | 1.7pp |
| EPS (Diluted) | $0.34 | $0.35 | $0.28 | -2.9% | 21.4% |
| Free Cash Flow | $806M | $740M | $931M | 8.9% | -13.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $797M |
| Other Expenses | $0 |
| Operating Expenses | $797M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $888M |
| Interest Income | $0 |
| Interest Expense | $409M |
| Other Income/Expenses | -$408M |
| INCOME BEFORE TAX | $480M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $366M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $366M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $366M |
| D&A | $1.3B |
| EBIT | $869M |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $797M |
| Other Expenses | $0 |
| Operating Expenses | $797M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $888M |
| Interest Income | $0 |
| Interest Expense | $409M |
| Other Income/Expenses | -$408M |
| INCOME BEFORE TAX | $480M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $366M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $366M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $366M |
| D&A | $1.3B |
| EBIT | $869M |
| EBITDA | $2.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $366M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $95M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$988M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $46M |
| NET CASH FROM INVESTING | -$942M |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$275M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $806M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $526M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $112M |
| Other Current Assets | $370M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $26.3B |
| Goodwill | $21.5B |
| Intangible Assets | $8.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $59.1B |
| TOTAL ASSETS | $62.6B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $738M |
| Other Current Liabilities | $335M |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $31.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $43.0B |
| TOTAL LIABILITIES | $48.9B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $21.1B |
| Retained Earnings | -$5.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $62.6B |
| Total Debt | $33.0B |
| Net Debt | $32.5B |
