| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.0B | $4.2B | 1.9% | -51.5% |
| Op. Income | $199M | -$1.2B | -$110M | 117.0% | 280.9% |
| Gross Margin | 32.3% | -32.1% | 13.9% | 64.4pp | 18.4pp |
| Net Margin | 5.7% | -45.1% | -2.2% | 50.8pp | 7.9pp |
| EPS (Diluted) | $0.19 | $-1.54 | $-0.18 | 112.3% | 205.6% |
| Free Cash Flow | $550M | -$687M | -$601M | 180.1% | 191.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $662M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $463M |
| Operating Expenses | $463M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $199M |
| Interest Income | $2M |
| Interest Expense | $103M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $312M |
| EBIT | $249M |
| EBITDA | $561M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $662M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $463M |
| Operating Expenses | $463M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $199M |
| Interest Income | $2M |
| Interest Expense | $103M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $312M |
| EBIT | $249M |
| EBITDA | $561M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $312M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | $166M |
| OPERATING CASH FLOW | $645M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $95M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$95M |
| NET CASH FROM INVESTING | -$201M |
| Net Debt Issuance | $444M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $464M |
| FREE CASH FLOW | $550M |
| Net Change in Cash | $908M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.0B |
| Short-Term Investments | $2.4B |
| Net Receivables | $937M |
| Inventory | $448M |
| Other Current Assets | $367M |
| TOTAL CURRENT ASSETS | $16.1B |
| PP&E (Net) | $17.7B |
| Goodwill | $970M |
| Intangible Assets | $295M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $448M |
| TOTAL NON-CURRENT ASSETS | $19.4B |
| TOTAL ASSETS | $35.5B |
| Account Payables | $169M |
| Short-Term Debt | $225M |
| Deferred Revenue | $4.9B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $10.5B |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $18.2B |
| TOTAL LIABILITIES | $26.4B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $14.9B |
| Treasury Stock | -$10.9B |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.1B |
| TOTAL LIABILITIES & EQUITY | $35.5B |
| Total Debt | $12.8B |
| Net Debt | $814M |
