| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.2B | $2.8B | -7.4% | 5.3% |
| Op. Income | $426M | $813M | $450M | -47.6% | -5.3% |
| Gross Margin | 39.3% | 48.9% | 39.6% | -9.7pp | -0.4pp |
| Net Margin | 9.8% | 19.0% | 10.4% | -9.2pp | -0.7pp |
| EPS (Diluted) | $0.54 | $1.14 | $0.56 | -52.6% | -3.6% |
| Free Cash Flow | -$1.0B | -$86M | -$501M | -1079.1% | -102.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $731M |
| Operating Expenses | $731M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $426M |
| Interest Income | $0 |
| Interest Expense | $203M |
| Other Income/Expenses | -$168M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | -$30M |
| Net Income from Continuing Ops | $288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $529M |
| EBIT | $482M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $731M |
| Operating Expenses | $731M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $426M |
| Interest Income | $0 |
| Interest Expense | $203M |
| Other Income/Expenses | -$168M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | -$30M |
| Net Income from Continuing Ops | $288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $529M |
| EBIT | $482M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $288M |
| Depreciation & Amortization | $529M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$53M |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $674M |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | $1.7B |
| Purchases of Investments | -$123M |
| Sales/Maturities of Investments | $118M |
| Other Investing Activities | -$1.7B |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$216M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$218M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $289M |
| FREE CASH FLOW | -$1.0B |
| Net Change in Cash | -$756M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $535M |
| Other Current Assets | $939M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $44.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $50.7B |
| TOTAL ASSETS | $54.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $771M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $19.6B |
| Deferred Revenue NC | $197M |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $35.1B |
| TOTAL LIABILITIES | $39.4B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $7.4B |
| Retained Earnings | $6.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$141M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.6B |
| TOTAL LIABILITIES & EQUITY | $54.0B |
| Total Debt | $22.2B |
| Net Debt | $22.1B |
