| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.2B | $5.6B | -0.8% | -8.0% |
| Op. Income | -$1.8B | $888M | $847M | -303.7% | -313.6% |
| Gross Margin | 56.5% | 32.6% | 54.7% | 23.9pp | 1.7pp |
| Net Margin | -44.7% | 7.1% | 4.0% | -51.7pp | -48.7pp |
| EPS (Diluted) | $-2.12 | $0.34 | $0.21 | -723.5% | -1109.5% |
| Free Cash Flow | $924M | $806M | $969M | 14.6% | -4.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $657M |
| SG&A Expenses | $713M |
| Other Expenses | $4.0B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | -$1.8B |
| Interest Income | $0 |
| Interest Expense | $396M |
| Other Income/Expenses | -$399M |
| INCOME BEFORE TAX | -$2.2B |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | -$2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.3B |
| D&A | $1.2B |
| EBIT | $986M |
| EBITDA | $2.2B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2.3B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | $2.7B |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$758M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | -$724M |
| Net Debt Issuance | -$802M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$272M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $924M |
| Net Change in Cash | -$120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $406M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $105M |
| Other Current Assets | $340M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $26.3B |
| Goodwill | $18.9B |
| Intangible Assets | $8.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $56.2B |
| TOTAL ASSETS | $59.4B |
| Account Payables | $805M |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $753M |
| Other Current Liabilities | $948M |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $29.8B |
| Deferred Revenue NC | $3.3B |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $41.6B |
| TOTAL LIABILITIES | $48.2B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $20.9B |
| Retained Earnings | -$8.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $59.4B |
| Total Debt | $34.3B |
| Net Debt | $33.9B |
