| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.3B | $19.3B | $11.9B | 5.5% | 71.2% |
| Op. Income | $1.7B | $2.6B | $1.2B | -33.3% | 38.7% |
| Gross Margin | 52.5% | 60.1% | 56.1% | -7.6pp | -3.6pp |
| Net Margin | 3.7% | 6.5% | 6.3% | -2.8pp | -2.6pp |
| EPS (Diluted) | $0.60 | $1.00 | $0.87 | -40.0% | -31.0% |
| Free Cash Flow | -$839M | -$445M | $276M | -88.5% | -404.0% |
| Item | Amount |
|---|---|
| REVENUE | $20.3B |
| Cost of Revenue | $9.7B |
| GROSS PROFIT | $10.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $4.2B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $1.7B |
| Interest Income | $8M |
| Interest Expense | $798M |
| Other Income/Expenses | -$891M |
| INCOME BEFORE TAX | $821M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $750M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $750M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $750M |
| D&A | $4.2B |
| EBIT | $1.6B |
| EBITDA | $5.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.3B |
| Cost of Revenue | $9.7B |
| GROSS PROFIT | $10.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $4.2B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $18.6B |
| OPERATING INCOME | $1.7B |
| Interest Income | $8M |
| Interest Expense | $798M |
| Other Income/Expenses | -$891M |
| INCOME BEFORE TAX | $821M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $750M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $750M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $750M |
| D&A | $4.2B |
| EBIT | $1.6B |
| EBITDA | $5.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $750M |
| Depreciation & Amortization | $4.2B |
| Stock-Based Compensation | $136M |
| Deferred Income Tax | $79M |
| Other Non-Cash Items | $349M |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$4.3B |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $680M |
| NET CASH FROM INVESTING | -$3.6B |
| Net Debt Issuance | $4.1B |
| Common Stock Repurchased | -$88M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | $4.0B |
| FREE CASH FLOW | -$839M |
| Net Change in Cash | $3.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.4B |
| Short-Term Investments | $0 |
| Net Receivables | $7.9B |
| Inventory | $2.5B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $23.9B |
| PP&E (Net) | $72.2B |
| Goodwill | $11.1B |
| Intangible Assets | $88.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $176.3B |
| TOTAL ASSETS | $200.2B |
| Account Payables | $5.6B |
| Short-Term Debt | $4.6B |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $810M |
| TOTAL CURRENT LIABILITIES | $21.7B |
| Long-Term Debt | $66.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.0B |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $113.1B |
| TOTAL LIABILITIES | $134.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $72.8B |
| Retained Earnings | -$5.8B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $65.3B |
| TOTAL LIABILITIES & EQUITY | $200.2B |
| Total Debt | $107.2B |
| Net Debt | $96.9B |
