(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $164 | $233 | $302 | $427 |
Short term investments | ||||
Net receivables | $461 | $508 | $506 | $550 |
Inventory | $852 | $846 | $927 | $983 |
Total current assets | $1589 | $1703 | $1849 | $2069 |
Long term investments | ||||
Property, plant & equipment | $1774 | $1745 | $1756 | $1930 |
Goodwill & intangible assets | $2819 | $2834 | $2849 | $2864 |
Total noncurrent assets | $4806 | $4743 | $4781 | $4966 |
Total investments | ||||
Total assets | $6395 | $6446 | $6630 | $7035 |
Current liabilities | ||||
Accounts payable | $307 | $339 | $360 | $396 |
Deferred revenue | ||||
Short long term debt | $79 | $81 | $80 | $82 |
Total current liabilities | $796 | $872 | $845 | $916 |
Long term debt | $3788 | $3818 | $4042 | $4209 |
Total noncurrent liabilities | $4250 | $4270 | $4500 | $4709 |
Total debt | $3867 | $3899 | $4122 | $4291 |
Total liabilities | $5046 | $5142 | $5345 | $5625 |
Shareholders' equity | ||||
Retained earnings | $706 | $704 | $693 | $851 |
Other shareholder equity | -$37 | -$73 | -$71 | -$95 |
Total shareholder equity | $1345 | $1300 | $1282 | $1406 |
(in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Current assets | ||||
Cash | $164 | $531 | $197 | $458 |
Short term investments | ||||
Net receivables | $461 | $494 | $522 | $430 |
Inventory | $852 | $1062 | $854 | $784 |
Total current assets | $1589 | $2219 | $1862 | $1873 |
Long term investments | ||||
Property, plant & equipment | $1774 | $2035 | $2064 | $1945 |
Goodwill & intangible assets | $2819 | $2879 | $2939 | $2852 |
Total noncurrent assets | $4806 | $5087 | $5159 | $4970 |
Total investments | ||||
Total assets | $6395 | $7306 | $7021 | $6843 |
Current liabilities | ||||
Accounts payable | $307 | $388 | $374 | $323 |
Deferred revenue | ||||
Short long term debt | $79 | $96 | $91 | $72 |
Total current liabilities | $796 | $914 | $819 | $739 |
Long term debt | $3788 | $4105 | $4449 | $4182 |
Total noncurrent liabilities | $4250 | $4839 | $4914 | $5030 |
Total debt | $3867 | $4410 | $4540 | $4254 |
Total liabilities | $5046 | $5758 | $5733 | $5769 |
Shareholders' equity | ||||
Retained earnings | $706 | $1003 | $758 | $806 |
Other shareholder equity | -$37 | -$102 | -$99 | -$349 |
Total shareholder equity | $1345 | $1548 | $1284 | $1071 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $1274 | $1379 | $1426 | $1431 |
Cost of revenue | $1021 | $1098 | $1342 | $1316 |
Gross Profit | $253 | $281 | $84 | $115 |
Operating activities | ||||
Research & development | ||||
Selling, general & administrative | $133 | $137 | $136 | $130 |
Total operating expenses | $171 | $165 | $168 | $203 |
Operating income | $82 | $116 | -$84 | -$88 |
Income from continuing operations | ||||
EBIT | $80 | $112 | -$83 | -$90 |
Income tax expense | $2 | $22 | -$8 | -$19 |
Interest expense | $57 | $61 | $64 | $63 |
Net income | ||||
Net income | $21 | $29 | -$139 | -$134 |
Income (for common shares) | $21 | $29 | -$139 | -$134 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $5510 | $6220 | $5437 | $4689 |
Cost of revenue | $4777 | $5223 | $4863 | $3969 |
Gross Profit | $733 | $997 | $574 | $720 |
Operating activities | ||||
Research & development | ||||
Selling, general & administrative | $536 | $583 | $466 | $470 |
Total operating expenses | $707 | $641 | $475 | $504 |
Operating income | $26 | $356 | $99 | $216 |
Income from continuing operations | ||||
EBIT | $19 | $685 | $210 | $232 |
Income tax expense | -$3 | $149 | -$4 | -$112 |
Interest expense | $245 | $218 | $191 | $371 |
Net income | ||||
Net income | -$223 | $318 | $23 | -$27 |
Income (for common shares) | -$223 | $318 | $23 | -$27 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Net income | $21 | $29 | -$139 | -$134 |
Operating activities | ||||
Depreciation | $82 | $85 | $259 | $174 |
Business acquisitions & disposals | $1 | |||
Stock-based compensation | $7 | $9 | $15 | |
Total cash flows from operations | $81 | $238 | $127 | $88 |
Investing activities | ||||
Capital expenditures | -$107 | -$62 | -$53 | -$63 |
Investments | ||||
Total cash flows from investing | -$105 | -$53 | -$54 | -$60 |
Financing activities | ||||
Dividends paid | -$17 | -$18 | -$18 | -$18 |
Sale and purchase of stock | ||||
Net borrowings | -$24 | -$229 | -$182 | -$112 |
Total cash flows from financing | -$46 | -$250 | -$202 | -$135 |
Effect of exchange rate | -$4 | $4 | $1 | |
Change in cash and equivalents | -$70 | -$69 | -$125 | -$106 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Net income | -$223 | $318 | $23 | -$27 |
Operating activities | ||||
Depreciation | $600 | $339 | $344 | $467 |
Business acquisitions & disposals | $1 | $356 | -$380 | $8 |
Stock-based compensation | $31 | $24 | $11 | |
Total cash flows from operations | $534 | $414 | $261 | $253 |
Investing activities | ||||
Capital expenditures | -$285 | -$256 | -$281 | -$362 |
Investments | ||||
Total cash flows from investing | -$272 | $102 | -$658 | -$354 |
Financing activities | ||||
Dividends paid | -$71 | -$71 | -$71 | |
Sale and purchase of stock | $569 | |||
Net borrowings | -$547 | -$112 | $223 | -$1166 |
Total cash flows from financing | -$633 | -$193 | $147 | -$711 |
Effect of exchange rate | $1 | -$4 | -$4 | -$14 |
Change in cash and equivalents | -$370 | $319 | -$254 | -$826 |
Market cap | $2.61B |
---|---|
Enterprise value | $6.31B |
Shares outstanding | 178.56M |
Revenue | $5.51B |
---|---|
EBITDA | $619.00M |
EBIT | $19.00M |
Net Income | -$223.00M |
Revenue Q/Q | -13.69% |
Revenue Y/Y | -11.41% |
P/E ratio | -11.69 |
---|---|
EV/Sales | 1.15 |
EV/EBITDA | 10.19 |
EV/EBIT | 332.10 |
P/S ratio | 0.47 |
P/B ratio | 1.89 |
Book/Share | 7.74 |
Cash/Share | 0.92 |
EPS | -$1.25 |
---|---|
ROA | -3.37% |
ROE | -16.73% |
Debt/Equity | 3.75 |
---|---|
Net debt/EBITDA | 7.89 |
Current ratio | 2.00 |
Quick ratio | 0.93 |