| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $4.7B | $4.5B | 10.6% | 15.0% |
| Op. Income | $629M | $476M | $476M | 32.1% | 32.1% |
| Gross Margin | 12.1% | 10.1% | 10.5% | 2.0pp | 1.6pp |
| Net Margin | 7.7% | 2.6% | -43.4% | 5.1pp | 51.1pp |
| EPS (Diluted) | $0.18 | $0.06 | $-3.73 | 219.7% | 104.8% |
| Free Cash Flow | -$1.8B | -$580M | -$3M | -212.1% | -60233.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $629M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $629M |
| Interest Income | $15M |
| Interest Expense | $398M |
| Other Income/Expenses | -$261M |
| INCOME BEFORE TAX | $368M |
| Income Tax Expense | -$33M |
| Net Income from Continuing Ops | $401M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $397M |
| D&A | $969M |
| EBIT | $766M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $629M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $629M |
| Interest Income | $15M |
| Interest Expense | $398M |
| Other Income/Expenses | -$261M |
| INCOME BEFORE TAX | $368M |
| Income Tax Expense | -$33M |
| Net Income from Continuing Ops | $401M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $397M |
| D&A | $969M |
| EBIT | $766M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $401M |
| Depreciation & Amortization | $969M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $150M |
| Other Non-Cash Items | $223M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$370M |
| Sales/Maturities of Investments | $401M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $1.8B |
| FREE CASH FLOW | -$1.8B |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $0 |
| Net Receivables | $7.1B |
| Inventory | $565M |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $10.3B |
| PP&E (Net) | $69.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.7B |
| TOTAL NON-CURRENT ASSETS | $90.2B |
| TOTAL ASSETS | $100.5B |
| Account Payables | $2.3B |
| Short-Term Debt | $6.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $15.5B |
| Long-Term Debt | $36.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $24.6B |
| TOTAL NON-CURRENT LIABILITIES | $63.2B |
| TOTAL LIABILITIES | $78.7B |
| Common Stock | $30.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$8.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.5B |
| Minority Interest | $252M |
| TOTAL EQUITY | $21.8B |
| TOTAL LIABILITIES & EQUITY | $100.5B |
| Total Debt | $44.1B |
| Net Debt | $43.8B |
