| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.2B | $2.7B | 32.1% | 8.1% |
| Op. Income | $731M | $327M | $629M | 123.8% | 16.2% |
| Gross Margin | 36.8% | 29.7% | 35.1% | 7.1pp | 1.7pp |
| Net Margin | 19.5% | 10.2% | 19.0% | 9.3pp | 0.5pp |
| EPS (Diluted) | $1.79 | $0.71 | $1.61 | 152.1% | 11.2% |
| Free Cash Flow | $693M | -$599M | -$75M | 215.8% | 1019.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $339M |
| Operating Expenses | $339M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $731M |
| Interest Income | $0 |
| Interest Expense | $118M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $695M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $568M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $566M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $278M |
| EBIT | $813M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $339M |
| Operating Expenses | $339M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $731M |
| Interest Income | $0 |
| Interest Expense | $118M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $695M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $568M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $566M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $278M |
| EBIT | $813M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $568M |
| Depreciation & Amortization | $278M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $104M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $172M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$384M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $51M |
| NET CASH FROM INVESTING | -$338M |
| Net Debt Issuance | -$463M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$230M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$707M |
| FREE CASH FLOW | $693M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $369M |
| Other Current Assets | $351M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $27.1B |
| Goodwill | $3.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $36.4B |
| TOTAL ASSETS | $39.0B |
| Account Payables | $694M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $957M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $384M |
| Deferred Tax Liabilities | $4.4B |
| Other Non-Current Liabilities | $5.9B |
| TOTAL NON-CURRENT LIABILITIES | $24.3B |
| TOTAL LIABILITIES | $27.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.3B |
| Minority Interest | $171M |
| TOTAL EQUITY | $11.4B |
| TOTAL LIABILITIES & EQUITY | $39.0B |
| Total Debt | $15.1B |
| Net Debt | $15.1B |
