| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.6B | $19.9B | $19.3B | -1.6% | 1.8% |
| Op. Income | $1.6B | $2.1B | $2.6B | -24.8% | -38.2% |
| Gross Margin | 55.8% | 55.2% | 60.1% | 0.6pp | -4.4pp |
| Net Margin | 3.5% | 4.9% | 6.5% | -1.4pp | -3.0pp |
| EPS (Diluted) | $0.55 | $0.78 | $1.00 | -29.5% | -45.0% |
| Free Cash Flow | $126M | $501M | -$445M | -74.9% | 128.3% |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $4.1B |
| Operating Expenses | $9.4B |
| Cost & Expenses | $18.0B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $836M |
| Other Income/Expenses | -$896M |
| INCOME BEFORE TAX | $688M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $691M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $691M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $691M |
| D&A | $4.1B |
| EBIT | $1.5B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.6B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $4.1B |
| Operating Expenses | $9.4B |
| Cost & Expenses | $18.0B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $836M |
| Other Income/Expenses | -$896M |
| INCOME BEFORE TAX | $688M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $691M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $691M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $691M |
| D&A | $4.1B |
| EBIT | $1.5B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $691M |
| Depreciation & Amortization | $4.1B |
| Stock-Based Compensation | $131M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $256M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$3.4B |
| Acquisitions (Net) | -$1.9B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | -$4.2B |
| Net Debt Issuance | -$3.0B |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$93M |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $126M |
| Net Change in Cash | -$3.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $0 |
| Net Receivables | $8.4B |
| Inventory | $1.8B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $16.8B |
| PP&E (Net) | $70.2B |
| Goodwill | $12.2B |
| Intangible Assets | $97.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $185.4B |
| TOTAL ASSETS | $202.1B |
| Account Payables | $4.1B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $914M |
| Other Current Liabilities | $939M |
| TOTAL CURRENT LIABILITIES | $19.2B |
| Long-Term Debt | $68.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.4B |
| Other Non-Current Liabilities | $5.2B |
| TOTAL NON-CURRENT LIABILITIES | $114.5B |
| TOTAL LIABILITIES | $133.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $73.2B |
| Retained Earnings | -$3.2B |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $68.4B |
| TOTAL LIABILITIES & EQUITY | $202.1B |
| Total Debt | $107.4B |
| Net Debt | $103.4B |
