| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.8B | $4.6B | -8.2% | -4.2% |
| Op. Income | $940M | $1.0B | $877M | -6.7% | 7.2% |
| Gross Margin | 55.2% | 57.5% | 53.8% | -2.4pp | 1.3pp |
| Net Margin | -0.1% | 25.7% | 21.3% | -25.8pp | -21.4pp |
| EPS (Diluted) | $-0.00 | $0.63 | $0.50 | -100.4% | -100.5% |
| Free Cash Flow | -$1.0B | $1.5B | $568M | -165.5% | -276.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $940M |
| Interest Income | $7M |
| Interest Expense | $111M |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | -$225M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | -$190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $1.0B |
| EBIT | -$114M |
| EBITDA | $909M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $107M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $630M |
| Change in Working Capital | -$369M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | -$153M |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $165M |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | -$358M |
| Common Stock Repurchased | $8M |
| Common Dividends Paid | -$686M |
| Other Financing Activities | $3.3B |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | -$1.0B |
| Net Change in Cash | -$891M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $1.6B |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $91.8B |
| Goodwill | $4.3B |
| Intangible Assets | $693M |
| Long-Term Investments | $13.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.0B |
| TOTAL NON-CURRENT ASSETS | $120.3B |
| TOTAL ASSETS | $127.7B |
| Account Payables | $4.6B |
| Short-Term Debt | $6.1B |
| Deferred Revenue | $474M |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $15.6B |
| Long-Term Debt | $41.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.0B |
| Other Non-Current Liabilities | $17.2B |
| TOTAL NON-CURRENT LIABILITIES | $67.2B |
| TOTAL LIABILITIES | $82.8B |
| Common Stock | $20M |
| Additional Paid-In Capital | $11.2B |
| Retained Earnings | $25.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36.5B |
| Minority Interest | $8.4B |
| TOTAL EQUITY | $44.9B |
| TOTAL LIABILITIES & EQUITY | $127.7B |
| Total Debt | $48.1B |
| Net Debt | $47.0B |
