| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.9B | $4.7B | -2.7% | 0.1% |
| Op. Income | $476M | $423M | $685M | 12.5% | -30.5% |
| Gross Margin | 10.0% | 8.7% | 14.4% | 1.4pp | -4.4pp |
| Net Margin | 4.3% | 1.8% | -76.2% | 2.5pp | 80.5pp |
| EPS (Diluted) | $0.12 | $0.04 | $-6.83 | 200.0% | 101.8% |
| Free Cash Flow | -$2.1B | -$24.6B | -$1.4B | 91.4% | -55.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $4.3B |
| 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 | $4.3B |
| OPERATING INCOME | $476M |
| Interest Income | $6M |
| Interest Expense | $416M |
| Other Income/Expenses | -$304M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $1.0B |
| EBIT | $588M |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $4.3B |
| 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 | $4.3B |
| OPERATING INCOME | $476M |
| Interest Income | $6M |
| Interest Expense | $416M |
| Other Income/Expenses | -$304M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200M |
| D&A | $1.0B |
| EBIT | $588M |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $204M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $174M |
| Other Non-Cash Items | -$96M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$2.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$387M |
| Sales/Maturities of Investments | $374M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $2.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | $2.1B |
| FREE CASH FLOW | -$2.1B |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $484M |
| Short-Term Investments | $0 |
| Net Receivables | $6.1B |
| Inventory | $628M |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $67.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.8B |
| TOTAL NON-CURRENT ASSETS | $88.3B |
| TOTAL ASSETS | $97.9B |
| Account Payables | $2.4B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $37.3B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $23.1B |
| TOTAL NON-CURRENT LIABILITIES | $63.0B |
| TOTAL LIABILITIES | $76.6B |
| Common Stock | $30.2B |
| Additional Paid-In Capital | $28.3B |
| Retained Earnings | -$9.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | -$28.5B |
| TOTAL STOCKHOLDERS' EQUITY | $21.0B |
| Minority Interest | $252M |
| TOTAL EQUITY | $21.3B |
| TOTAL LIABILITIES & EQUITY | $97.9B |
| Total Debt | $42.6B |
| Net Debt | $42.1B |
