| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45.4B | $32.3B | $63.4B | 40.7% | -28.4% |
| Op. Income | -$595M | -$1.4B | $3.7B | 56.9% | -116.2% |
| Gross Margin | 20.7% | 19.8% | 22.7% | 0.9pp | -2.1pp |
| Net Margin | -1.5% | -3.3% | 5.0% | 1.8pp | -6.5pp |
| EPS (Diluted) | $-0.15 | $-0.25 | $0.74 | 40.0% | -120.3% |
| Free Cash Flow | $1.1B | -$4.3B | $2.8B | 125.4% | -60.7% |
| Item | Amount |
|---|---|
| REVENUE | $45.4B |
| Cost of Revenue | $36.0B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.4B |
| SG&A Expenses | $2.4B |
| Other Expenses | $7.5B |
| Operating Expenses | $10.0B |
| Cost & Expenses | $46.0B |
| OPERATING INCOME | -$595M |
| Interest Income | $0 |
| Interest Expense | $279M |
| Other Income/Expenses | $223M |
| INCOME BEFORE TAX | -$372M |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | -$709M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$680M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$680M |
| D&A | $5.0B |
| EBIT | -$93M |
| EBITDA | $4.9B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$680M |
| Depreciation & Amortization | $3.9B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $414M |
| Change in Working Capital | $708M |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$3.3B |
| Acquisitions (Net) | $100M |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$418M |
| NET CASH FROM INVESTING | -$3.7B |
| Net Debt Issuance | -$928M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | $150M |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$3.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.8B |
| Short-Term Investments | $0 |
| Net Receivables | $20.0B |
| Inventory | $17.9B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $48.7B |
| PP&E (Net) | $250.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $43.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.2B |
| TOTAL NON-CURRENT ASSETS | $309.4B |
| TOTAL ASSETS | $358.0B |
| Account Payables | $33.3B |
| Short-Term Debt | $21.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $56.5B |
| Long-Term Debt | $46.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24.5B |
| Other Non-Current Liabilities | $45.6B |
| TOTAL NON-CURRENT LIABILITIES | $117.0B |
| TOTAL LIABILITIES | $173.4B |
| Common Stock | $16.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $407.7B |
| Treasury Stock | -$226.1B |
| Accum. Other Comp. Income | -$20.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $177.4B |
| Minority Interest | $7.2B |
| TOTAL EQUITY | $184.6B |
| TOTAL LIABILITIES & EQUITY | $358.0B |
| Total Debt | $68.8B |
| Net Debt | $60.0B |
