| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $3.1B | $7.2B | 52.0% | -34.4% |
| Op. Income | $1.1B | $273M | $2.3B | 293.3% | -53.9% |
| Gross Margin | 58.1% | 60.1% | 61.3% | -2.0pp | -3.3pp |
| Net Margin | -0.2% | -14.5% | 10.6% | 14.3pp | -10.7pp |
| EPS (Diluted) | $-0.01 | $-0.29 | $0.49 | 98.0% | -101.2% |
| Free Cash Flow | $222M | -$1.1B | $1.2B | 120.7% | -81.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $1.1B |
| Interest Income | $21M |
| Interest Expense | $194M |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | -$173M |
| Income Tax Expense | $164M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1.3B |
| EBIT | -$233M |
| EBITDA | $1.1B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | -$32M |
| Deferred Income Tax | -$134M |
| Other Non-Cash Items | -$243M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $910M |
| Capital Expenditure | -$688M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $96M |
| NET CASH FROM INVESTING | -$591M |
| Net Debt Issuance | -$331M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$235M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$568M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | -$261M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.6B |
| Inventory | $2.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $51.5B |
| Goodwill | $0 |
| Intangible Assets | $2.4B |
| Long-Term Investments | $0 |
| Tax Assets | $146M |
| Other Non-Current Assets | $929M |
| TOTAL NON-CURRENT ASSETS | $54.9B |
| TOTAL ASSETS | $61.0B |
| Account Payables | $3.4B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $50M |
| Other Current Liabilities | $419M |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $11.3B |
| Deferred Revenue NC | $6.2B |
| Deferred Tax Liabilities | $6.8B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $28.2B |
| TOTAL LIABILITIES | $34.5B |
| Common Stock | $18.4B |
| Additional Paid-In Capital | $429M |
| Retained Earnings | $7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $715M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.6B |
| TOTAL LIABILITIES & EQUITY | $61.0B |
| Total Debt | $15.5B |
| Net Debt | $14.4B |
