| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.6B | $3.6B | 0.6% | 0.1% |
| Op. Income | $285M | $195M | $347M | 46.2% | -17.9% |
| Gross Margin | 14.9% | 12.2% | 17.1% | 2.7pp | -2.2pp |
| Net Margin | 5.8% | 4.4% | 7.2% | 1.5pp | -1.4pp |
| EPS (Diluted) | $3.12 | $2.48 | $4.12 | 25.8% | -24.3% |
| Free Cash Flow | $194M | $367M | $786M | -47.1% | -75.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $543M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $258M |
| Operating Expenses | $258M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $285M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $213M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $213M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $213M |
| D&A | $10M |
| EBIT | $328M |
| EBITDA | $338M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $543M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $258M |
| Operating Expenses | $258M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $285M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $213M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $213M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $213M |
| D&A | $10M |
| EBIT | $328M |
| EBITDA | $338M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $213M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$156M |
| Change in Working Capital | $133M |
| OPERATING CASH FLOW | $200M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $119M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $194M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $70.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.9B |
| TOTAL NON-CURRENT ASSETS | $76.1B |
| TOTAL ASSETS | $82.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $61.9B |
| TOTAL NON-CURRENT LIABILITIES | $68.9B |
| TOTAL LIABILITIES | $68.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $8.1B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.2B |
| TOTAL LIABILITIES & EQUITY | $82.1B |
| Total Debt | $4.0B |
| Net Debt | $725M |
