| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.7B | $6.9B | 2.9% | -30.3% |
| Op. Income | $1.1B | $1.1B | $2.2B | -2.3% | -52.4% |
| Gross Margin | 59.8% | 58.1% | 62.3% | 1.7pp | -2.5pp |
| Net Margin | -2.5% | -0.2% | -24.6% | -2.4pp | 22.1pp |
| EPS (Diluted) | $-0.08 | $-0.01 | $-1.11 | -1292.4% | 92.8% |
| Free Cash Flow | -$112M | $222M | $387M | -150.3% | -128.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $189M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | -$322M |
| Income Tax Expense | $200M |
| Net Income from Continuing Ops | -$123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $1.6B |
| EBIT | -$613M |
| EBITDA | $1.0B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | -$237M |
| Other Non-Cash Items | -$367M |
| Change in Working Capital | -$297M |
| OPERATING CASH FLOW | $595M |
| Capital Expenditure | -$707M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$77M |
| NET CASH FROM INVESTING | -$784M |
| Net Debt Issuance | $738M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$234M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $503M |
| FREE CASH FLOW | -$112M |
| Net Change in Cash | $289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $2.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $51.5B |
| Goodwill | $2.1B |
| Intangible Assets | $319M |
| Long-Term Investments | $236M |
| Tax Assets | $153M |
| Other Non-Current Assets | $697M |
| TOTAL NON-CURRENT ASSETS | $55.0B |
| TOTAL ASSETS | $61.8B |
| Account Payables | $3.4B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $64M |
| Other Current Liabilities | $138M |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $6.6B |
| Other Non-Current Liabilities | $9.1B |
| TOTAL NON-CURRENT LIABILITIES | $28.0B |
| TOTAL LIABILITIES | $35.7B |
| Common Stock | $18.4B |
| Additional Paid-In Capital | $432M |
| Retained Earnings | $6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $641M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.1B |
| TOTAL LIABILITIES & EQUITY | $61.8B |
| Total Debt | $16.2B |
| Net Debt | $14.8B |
