| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.3B | $17.7B | $11.1B | 9.1% | 74.2% |
| Op. Income | $2.6B | $820M | $1.5B | 212.8% | 74.4% |
| Gross Margin | 60.1% | 61.7% | 59.9% | -1.6pp | 0.3pp |
| Net Margin | 6.5% | 0.6% | 7.9% | 5.9pp | -1.4pp |
| EPS (Diluted) | $1.00 | $0.09 | $1.01 | 1011.1% | -1.0% |
| Free Cash Flow | -$445M | -$2.2B | $221M | 80.0% | -301.4% |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $11.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.9B |
| Other Expenses | $4.2B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $16.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $3M |
| Interest Expense | $809M |
| Other Income/Expenses | -$905M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $407M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $4.2B |
| EBIT | $2.5B |
| EBITDA | $6.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $11.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.9B |
| Other Expenses | $4.2B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $16.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $3M |
| Interest Expense | $809M |
| Other Income/Expenses | -$905M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $407M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $4.2B |
| EBIT | $2.5B |
| EBITDA | $6.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $4.2B |
| Stock-Based Compensation | $161M |
| Deferred Income Tax | $335M |
| Other Non-Cash Items | $372M |
| Change in Working Capital | -$3.5B |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$3.2B |
| Acquisitions (Net) | $1.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $847M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$6.2B |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$6.1B |
| FREE CASH FLOW | -$445M |
| Net Change in Cash | -$4.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $0 |
| Net Receivables | $7.4B |
| Inventory | $1.9B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $19.5B |
| PP&E (Net) | $69.6B |
| Goodwill | $10.9B |
| Intangible Assets | $88.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $173.0B |
| TOTAL ASSETS | $192.4B |
| Account Payables | $3.9B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $19.8B |
| Long-Term Debt | $63.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.4B |
| Other Non-Current Liabilities | $3.6B |
| TOTAL NON-CURRENT LIABILITIES | $108.1B |
| TOTAL LIABILITIES | $128.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $72.7B |
| Retained Earnings | -$6.6B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $64.5B |
| TOTAL LIABILITIES & EQUITY | $192.4B |
| Total Debt | $102.6B |
| Net Debt | $96.0B |
