| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.2B | $4.9B | 4.8% | 11.9% |
| Op. Income | $398M | $629M | $423M | -36.7% | -5.9% |
| Gross Margin | 7.3% | 12.1% | 8.7% | -4.8pp | -1.4pp |
| Net Margin | -19.9% | 7.7% | 1.8% | -27.6pp | -21.7pp |
| EPS (Diluted) | $-0.55 | $0.18 | $0.04 | -405.6% | -1475.0% |
| Free Cash Flow | -$1.0B | -$1.8B | -$24.6B | 43.4% | 95.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $5.1B |
| GROSS PROFIT | $398M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $398M |
| Interest Income | $0 |
| Interest Expense | $399M |
| Other Income/Expenses | -$361M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | -$1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.1B |
| D&A | $963M |
| EBIT | $436M |
| EBITDA | $1.4B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.1B |
| Depreciation & Amortization | $963M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.4B |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$514M |
| OPERATING CASH FLOW | $823M |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$239M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | $753M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $343M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $399M |
| FREE CASH FLOW | -$1.0B |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $420M |
| Short-Term Investments | $0 |
| Net Receivables | $7.9B |
| Inventory | $569M |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $11.5B |
| PP&E (Net) | $70.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.7B |
| TOTAL NON-CURRENT ASSETS | $92.0B |
| TOTAL ASSETS | $103.6B |
| Account Payables | $2.7B |
| Short-Term Debt | $7.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $17.8B |
| Long-Term Debt | $36.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $25.2B |
| TOTAL NON-CURRENT LIABILITIES | $65.0B |
| TOTAL LIABILITIES | $82.8B |
| Common Stock | $35.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$9.8B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.5B |
| Minority Interest | $252M |
| TOTAL EQUITY | $20.7B |
| TOTAL LIABILITIES & EQUITY | $103.6B |
| Total Debt | $44.3B |
| Net Debt | $43.9B |
