| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.5B | $2.9B | -3.2% | 13.8% |
| Op. Income | $433M | $825M | $426M | -47.5% | 1.6% |
| Gross Margin | 36.0% | 45.9% | 39.3% | -9.9pp | -3.3pp |
| Net Margin | 9.4% | 17.6% | 9.8% | -8.2pp | -0.4pp |
| EPS (Diluted) | $0.58 | $1.13 | $0.54 | -48.7% | 7.4% |
| Free Cash Flow | -$602M | $25M | -$1.0B | -2508.0% | 40.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $775M |
| Operating Expenses | $775M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $433M |
| Interest Income | $0 |
| Interest Expense | $206M |
| Other Income/Expenses | -$171M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | -$53M |
| Net Income from Continuing Ops | $315M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $574M |
| EBIT | $439M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $775M |
| Operating Expenses | $775M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $433M |
| Interest Income | $0 |
| Interest Expense | $206M |
| Other Income/Expenses | -$171M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | -$53M |
| Net Income from Continuing Ops | $315M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $315M |
| D&A | $574M |
| EBIT | $439M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $315M |
| Depreciation & Amortization | $574M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$70M |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | -$187M |
| OPERATING CASH FLOW | $610M |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$217M |
| Sales/Maturities of Investments | $212M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$237M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $147M |
| FREE CASH FLOW | -$602M |
| Net Change in Cash | -$465M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $631M |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $46.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $53.6B |
| TOTAL ASSETS | $57.9B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $799M |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $21.8B |
| Deferred Revenue NC | $196M |
| Deferred Tax Liabilities | $4.9B |
| Other Non-Current Liabilities | $9.1B |
| TOTAL NON-CURRENT LIABILITIES | $37.2B |
| TOTAL LIABILITIES | $42.2B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | $6.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.6B |
| TOTAL LIABILITIES & EQUITY | $57.9B |
| Total Debt | $24.7B |
| Net Debt | $24.6B |
