| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.2B | $4.7B | 10.5% | 22.9% |
| Op. Income | $535M | $638M | $476M | -16.1% | 12.4% |
| Gross Margin | 9.2% | 12.2% | 10.1% | -2.9pp | -0.9pp |
| Net Margin | 8.2% | 9.1% | 2.6% | -0.8pp | 5.6pp |
| EPS (Diluted) | $0.22 | $0.24 | $0.06 | -8.3% | 290.8% |
| Free Cash Flow | -$649M | -$2.0B | -$580M | 67.7% | -11.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $535M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $535M |
| Interest Income | $8M |
| Interest Expense | $419M |
| Other Income/Expenses | -$261M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | -$204M |
| Net Income from Continuing Ops | $478M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $478M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $475M |
| D&A | $1.1B |
| EBIT | $693M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $535M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $535M |
| Interest Income | $8M |
| Interest Expense | $419M |
| Other Income/Expenses | -$261M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | -$204M |
| Net Income from Continuing Ops | $478M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $478M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $475M |
| D&A | $1.1B |
| EBIT | $693M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $478M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $149M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$447M |
| Sales/Maturities of Investments | $421M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | $627M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $638M |
| FREE CASH FLOW | -$649M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $8.0B |
| Inventory | $618M |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $10.4B |
| PP&E (Net) | $72.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.3B |
| TOTAL NON-CURRENT ASSETS | $93.6B |
| TOTAL ASSETS | $103.9B |
| Account Payables | $2.4B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $16.6B |
| Long-Term Debt | $39.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $22.7B |
| TOTAL NON-CURRENT LIABILITIES | $65.7B |
| TOTAL LIABILITIES | $82.3B |
| Common Stock | $34.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$8.9B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.4B |
| Minority Interest | $252M |
| TOTAL EQUITY | $21.6B |
| TOTAL LIABILITIES & EQUITY | $103.9B |
| Total Debt | $46.7B |
| Net Debt | $46.5B |
