| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.6B | $3.6B | 1.0% | 0.4% |
| Op. Income | $3.6B | $241M | $400M | 1411.6% | 810.8% |
| Gross Margin | 100.0% | 94.8% | 94.2% | 5.2pp | 5.8pp |
| Net Margin | 5.8% | 4.4% | 7.2% | 1.5pp | -1.4pp |
| EPS (Diluted) | $3.13 | $2.47 | $4.11 | 26.7% | -23.8% |
| Free Cash Flow | $194M | $367M | $788M | -47.1% | -75.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $3.6B |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$3.4B |
| 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 | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $3.6B |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$3.4B |
| 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 | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $213M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $200M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.2B |
| 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 | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | -$18.5B |
| Goodwill | $0 |
| Intangible Assets | $3.5B |
| Long-Term Investments | $15.5B |
| Tax Assets | $3.0B |
| Other Non-Current Assets | $75.3B |
| TOTAL NON-CURRENT ASSETS | $78.9B |
| 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 | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.0B |
| 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 | $17.2B |
| Total Debt | $4.0B |
| Net Debt | $725M |
