| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.9B | $5.2B | -0.8% | -5.4% |
| Op. Income | $1.1B | $1.0B | $888M | 12.4% | 27.4% |
| Gross Margin | 35.8% | 35.2% | 32.6% | 0.6pp | 3.2pp |
| Net Margin | 11.1% | 10.3% | 7.1% | 0.9pp | 4.0pp |
| EPS (Diluted) | $0.51 | $0.46 | $0.34 | 10.9% | 50.0% |
| Free Cash Flow | $1.0B | $993M | $806M | 4.7% | 29.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $617M |
| Other Expenses | $0 |
| Operating Expenses | $617M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $377M |
| Other Income/Expenses | -$415M |
| INCOME BEFORE TAX | $716M |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | $544M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $544M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $544M |
| D&A | $1.0B |
| EBIT | $1.1B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $617M |
| Other Expenses | $0 |
| Operating Expenses | $617M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $377M |
| Other Income/Expenses | -$415M |
| INCOME BEFORE TAX | $716M |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | $544M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $544M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $544M |
| D&A | $1.0B |
| EBIT | $1.1B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $544M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $152M |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$690M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$654M |
| Net Debt Issuance | -$140M |
| Common Stock Repurchased | -$909M |
| Common Dividends Paid | -$266M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | -$300M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $637M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $103M |
| Other Current Assets | $8.7B |
| TOTAL CURRENT ASSETS | $11.5B |
| PP&E (Net) | $20.9B |
| Goodwill | $16.0B |
| Intangible Assets | $7.2B |
| Long-Term Investments | $28M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $46.9B |
| TOTAL ASSETS | $58.3B |
| Account Payables | $829M |
| Short-Term Debt | $2.9B |
| Deferred Revenue | $624M |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $27.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.7B |
| Other Non-Current Liabilities | $7.8B |
| TOTAL NON-CURRENT LIABILITIES | $38.8B |
| TOTAL LIABILITIES | $47.1B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $19.2B |
| Retained Earnings | -$6.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $58.3B |
| Total Debt | $30.1B |
| Net Debt | $29.5B |
