| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $5.1B | $5.2B | -2.7% | -4.4% |
| Op. Income | $2.0B | $2.0B | $2.1B | -0.6% | -7.0% |
| Gross Margin | 46.3% | 49.0% | 46.7% | -2.7pp | -0.4pp |
| Net Margin | 26.8% | 26.8% | 28.2% | -0.0pp | -1.4pp |
| EPS (Diluted) | $2.00 | $2.05 | $2.15 | -2.4% | -7.0% |
| Free Cash Flow | $1.4B | $1.9B | $1.3B | -25.7% | 5.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $320M |
| Operating Expenses | $320M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $290M |
| Other Income/Expenses | -$239M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $413M |
| 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 | $549M |
| EBIT | $2.0B |
| EBITDA | $2.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $320M |
| Operating Expenses | $320M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $290M |
| Other Income/Expenses | -$239M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $413M |
| 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 | $549M |
| EBIT | $2.0B |
| EBITDA | $2.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $549M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | -$151M |
| Change in Working Capital | $145M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$536M |
| Acquisitions (Net) | $536M |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$505M |
| NET CASH FROM INVESTING | -$505M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$650M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$620M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $60M |
| Net Receivables | $1.6B |
| Inventory | $659M |
| Other Current Assets | $207M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $55.0B |
| Goodwill | $0 |
| Intangible Assets | $676M |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $264M |
| TOTAL NON-CURRENT ASSETS | $58.1B |
| TOTAL ASSETS | $61.8B |
| Account Payables | $634M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $576M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $25.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12.3B |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $40.7B |
| TOTAL LIABILITIES | $45.5B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $52.0B |
| Treasury Stock | -$41.8B |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.3B |
| TOTAL LIABILITIES & EQUITY | $61.8B |
| Total Debt | $28.1B |
| Net Debt | $27.0B |
