| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.4B | $3.5B | 11.8% | 5.9% |
| Op. Income | $510M | $433M | $507M | 17.8% | 0.6% |
| Gross Margin | 35.6% | 36.0% | 35.7% | -0.4pp | -0.1pp |
| Net Margin | 10.1% | 9.4% | 10.2% | 0.7pp | -0.1pp |
| EPS (Diluted) | $0.70 | $0.58 | $0.67 | 20.7% | 4.5% |
| Free Cash Flow | $198M | -$602M | -$1.2B | 132.9% | 117.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $825M |
| Operating Expenses | $825M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $510M |
| Interest Income | $0 |
| Interest Expense | $209M |
| Other Income/Expenses | -$180M |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | -$50M |
| Net Income from Continuing Ops | $380M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $380M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $380M |
| D&A | $597M |
| EBIT | $539M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $825M |
| Operating Expenses | $825M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $510M |
| Interest Income | $0 |
| Interest Expense | $209M |
| Other Income/Expenses | -$180M |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | -$50M |
| Net Income from Continuing Ops | $380M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $380M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $380M |
| D&A | $597M |
| EBIT | $539M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $380M |
| Depreciation & Amortization | $597M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$55M |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | $253M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$942M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $147M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$952M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$240M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$264M |
| FREE CASH FLOW | $198M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $505M |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $47.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $54.0B |
| TOTAL ASSETS | $58.0B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $886M |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $21.5B |
| Deferred Revenue NC | $192M |
| Deferred Tax Liabilities | $4.9B |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $36.9B |
| TOTAL LIABILITIES | $42.3B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | $6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.7B |
| TOTAL LIABILITIES & EQUITY | $58.0B |
| Total Debt | $24.7B |
| Net Debt | $24.6B |
