| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.7B | $4.3B | -0.7% | 9.5% |
| Op. Income | $476M | $476M | $689M | 0.0% | -30.9% |
| Gross Margin | 10.1% | 10.0% | 16.0% | 0.1pp | -5.9pp |
| Net Margin | 2.6% | 4.3% | 8.7% | -1.7pp | -6.1pp |
| EPS (Diluted) | $0.06 | $0.12 | $0.57 | -53.1% | -90.1% |
| Free Cash Flow | -$580M | -$2.1B | -$105M | 72.7% | -452.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $476M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $476M |
| Interest Income | $2M |
| Interest Expense | $408M |
| Other Income/Expenses | -$451M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$98M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $1.0B |
| EBIT | $433M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $476M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $476M |
| Interest Income | $2M |
| Interest Expense | $408M |
| Other Income/Expenses | -$451M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$98M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $1.0B |
| EBIT | $433M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $78M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$578M |
| Sales/Maturities of Investments | $551M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $309M |
| NET CASH FROM FINANCING | $229M |
| FREE CASH FLOW | -$580M |
| Net Change in Cash | -$369M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $0 |
| Net Receivables | $6.2B |
| Inventory | $550M |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $68.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.0B |
| TOTAL NON-CURRENT ASSETS | $89.5B |
| TOTAL ASSETS | $98.6B |
| Account Payables | $2.1B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $12.2B |
| Long-Term Debt | $37.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $24.6B |
| TOTAL NON-CURRENT LIABILITIES | $65.0B |
| TOTAL LIABILITIES | $77.2B |
| Common Stock | $30.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$9.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.1B |
| Minority Interest | $252M |
| TOTAL EQUITY | $21.4B |
| TOTAL LIABILITIES & EQUITY | $98.6B |
| Total Debt | $42.4B |
| Net Debt | $42.2B |
