| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.5B | $4.4B | 7.7% | 10.2% |
| Op. Income | $423M | $476M | $286M | -11.1% | 47.9% |
| Gross Margin | 8.7% | 10.5% | 6.5% | -1.8pp | 2.2pp |
| Net Margin | 1.8% | -43.4% | -36.5% | 45.2pp | 38.2pp |
| EPS (Diluted) | $0.04 | $-3.73 | $-3.06 | 101.1% | 101.3% |
| Free Cash Flow | -$24.6B | -$3M | -$472M | -819433.3% | -5108.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $423M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $423M |
| Interest Income | $5M |
| Interest Expense | $391M |
| Other Income/Expenses | -$446M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$109M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $965M |
| EBIT | $368M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $965M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | $151M |
| Change in Working Capital | -$23.8B |
| OPERATING CASH FLOW | -$22.5B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$366M |
| Sales/Maturities of Investments | $357M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | $9.9B |
| FREE CASH FLOW | -$24.6B |
| Net Change in Cash | -$14.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $464M |
| Short-Term Investments | $0 |
| Net Receivables | $6.5B |
| Inventory | $646M |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $9.8B |
| PP&E (Net) | $66.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.9B |
| TOTAL NON-CURRENT ASSETS | $85.8B |
| TOTAL ASSETS | $95.6B |
| Account Payables | $2.8B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $13.3B |
| Long-Term Debt | $36.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $22.3B |
| TOTAL NON-CURRENT LIABILITIES | $61.2B |
| TOTAL LIABILITIES | $74.5B |
| Common Stock | $30.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$9.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.8B |
| Minority Interest | $252M |
| TOTAL EQUITY | $21.1B |
| TOTAL LIABILITIES & EQUITY | $95.6B |
| Total Debt | $40.6B |
| Net Debt | $40.2B |
