| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.7B | $1.9B | 17.1% | -0.7% |
| Op. Income | $371M | $370M | $363M | 0.1% | 2.0% |
| Gross Margin | 34.7% | 40.6% | 33.5% | -5.8pp | 1.2pp |
| Net Margin | 12.4% | 16.2% | 12.5% | -3.8pp | -0.2pp |
| EPS (Diluted) | $0.76 | $0.84 | $0.77 | -9.5% | -1.3% |
| Free Cash Flow | -$374M | -$11M | -$245M | -3178.9% | -52.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $671M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $301M |
| Operating Expenses | $301M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $371M |
| Interest Income | $0 |
| Interest Expense | $118M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | $277M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $249M |
| EBIT | $395M |
| EBITDA | $644M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $671M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $301M |
| Operating Expenses | $301M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $371M |
| Interest Income | $0 |
| Interest Expense | $118M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | $277M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $249M |
| EBIT | $395M |
| EBITDA | $644M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $240M |
| Depreciation & Amortization | $249M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $57M |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | -$218M |
| OPERATING CASH FLOW | $246M |
| Capital Expenditure | -$620M |
| Acquisitions (Net) | -$611M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | -$200M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$374M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $529M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $25.7B |
| Goodwill | $3.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $34.9B |
| TOTAL ASSETS | $37.0B |
| Account Payables | $881M |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $531M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $412M |
| Deferred Tax Liabilities | $4.1B |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $22.2B |
| TOTAL LIABILITIES | $26.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.5B |
| Minority Interest | $162M |
| TOTAL EQUITY | $10.7B |
| TOTAL LIABILITIES & EQUITY | $37.0B |
| Total Debt | $14.3B |
| Net Debt | $14.3B |
