| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.1B | $3.2B | 13.0% | 9.0% |
| Op. Income | $825M | $438M | $813M | 88.4% | 1.5% |
| Gross Margin | 45.9% | 38.9% | 48.9% | 7.0pp | -3.0pp |
| Net Margin | 17.6% | 10.1% | 19.0% | 7.4pp | -1.4pp |
| EPS (Diluted) | $1.13 | $0.58 | $1.14 | 94.8% | -0.9% |
| Free Cash Flow | $25M | -$318M | -$86M | 107.9% | 129.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $767M |
| Operating Expenses | $767M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $825M |
| Interest Income | $0 |
| Interest Expense | $204M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | $652M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $609M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $609M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $609M |
| D&A | $584M |
| EBIT | $856M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $767M |
| Operating Expenses | $767M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $825M |
| Interest Income | $0 |
| Interest Expense | $204M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | $652M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $609M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $609M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $609M |
| D&A | $584M |
| EBIT | $856M |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $609M |
| Depreciation & Amortization | $584M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $58M |
| Other Non-Cash Items | -$123M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $1.1B |
| Purchases of Investments | $88M |
| Sales/Maturities of Investments | $121M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$863M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$238M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $631M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $587M |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $46.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $53.0B |
| TOTAL ASSETS | $57.5B |
| Account Payables | $1.3B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $854M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $21.0B |
| Deferred Revenue NC | $199M |
| Deferred Tax Liabilities | $4.9B |
| Other Non-Current Liabilities | $9.3B |
| TOTAL NON-CURRENT LIABILITIES | $36.6B |
| TOTAL LIABILITIES | $42.3B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $7.4B |
| Retained Earnings | $6.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$126M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.2B |
| TOTAL LIABILITIES & EQUITY | $57.5B |
| Total Debt | $24.8B |
| Net Debt | $24.1B |
