| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.0B | $1.8B | 16.7% | 161.0% |
| Op. Income | $733M | $594M | -$1.4B | 23.4% | 151.9% |
| Gross Margin | 29.8% | 29.4% | -51.5% | 0.4pp | 81.3pp |
| Net Margin | 9.5% | 8.7% | -64.5% | 0.8pp | 74.1pp |
| EPS (Diluted) | $0.73 | $0.57 | $-1.96 | 28.1% | 137.2% |
| Free Cash Flow | -$713M | $1.9B | -$1.1B | -137.3% | 37.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $662M |
| Operating Expenses | $662M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $733M |
| Interest Income | $2M |
| Interest Expense | $106M |
| Other Income/Expenses | -$133M |
| INCOME BEFORE TAX | $600M |
| Income Tax Expense | $154M |
| Net Income from Continuing Ops | $446M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $446M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $446M |
| D&A | $322M |
| EBIT | $706M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $662M |
| Operating Expenses | $662M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $733M |
| Interest Income | $2M |
| Interest Expense | $106M |
| Other Income/Expenses | -$133M |
| INCOME BEFORE TAX | $600M |
| Income Tax Expense | $154M |
| Net Income from Continuing Ops | $446M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $446M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $446M |
| D&A | $322M |
| EBIT | $706M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $446M |
| Depreciation & Amortization | $322M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$1.4B |
| OPERATING CASH FLOW | -$575M |
| Capital Expenditure | -$138M |
| Acquisitions (Net) | $135M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$135M |
| NET CASH FROM INVESTING | -$412M |
| Net Debt Issuance | -$188M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | -$157M |
| FREE CASH FLOW | -$713M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.0B |
| Short-Term Investments | $3.0B |
| Net Receivables | $1.5B |
| Inventory | $511M |
| Other Current Assets | $560M |
| TOTAL CURRENT ASSETS | $18.6B |
| PP&E (Net) | $16.7B |
| Goodwill | $970M |
| Intangible Assets | $295M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $624M |
| TOTAL NON-CURRENT ASSETS | $18.6B |
| TOTAL ASSETS | $37.1B |
| Account Payables | $234M |
| Short-Term Debt | $225M |
| Deferred Revenue | $5.8B |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $11.0B |
| Deferred Revenue NC | $2.5B |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $17.7B |
| TOTAL LIABILITIES | $26.9B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $15.7B |
| Treasury Stock | -$10.9B |
| Accum. Other Comp. Income | $267M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.3B |
| TOTAL LIABILITIES & EQUITY | $37.1B |
| Total Debt | $12.8B |
| Net Debt | -$165M |
