| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.0B | — | $8.6B | — | 50.9% |
| Op. Income | $4.1B | — | $3.6B | — | 13.9% |
| Gross Margin | 67.6% | — | 77.5% | — | -9.9pp |
| Net Margin | 27.3% | — | 34.9% | — | -7.6pp |
| EPS (Diluted) | $1.99 | — | $2.02 | — | -1.5% |
| Free Cash Flow | $4.7B | — | $3.7B | — | 27.1% |
| Item | Amount |
|---|---|
| REVENUE | $13.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $4.1B |
| Interest Income | $10M |
| Interest Expense | $632M |
| Other Income/Expenses | -$236M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $312M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $2.2B |
| EBIT | $4.5B |
| EBITDA | $6.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $13.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $4.1B |
| Interest Income | $10M |
| Interest Expense | $632M |
| Other Income/Expenses | -$236M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $312M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $2.2B |
| EBIT | $4.5B |
| EBITDA | $6.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $2.2B |
| Stock-Based Compensation | $269M |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | -$178M |
| Change in Working Capital | -$956M |
| OPERATING CASH FLOW | $4.9B |
| Capital Expenditure | -$188M |
| Acquisitions (Net) | -$198M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$342M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$787M |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | -$3.2B |
| FREE CASH FLOW | $4.7B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.8B |
| Short-Term Investments | $22M |
| Net Receivables | $9.6B |
| Inventory | $3.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26.6B |
| PP&E (Net) | $5.2B |
| Goodwill | $32.3B |
| Intangible Assets | $81.3B |
| Long-Term Investments | $305M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $123.9B |
| TOTAL ASSETS | $150.5B |
| Account Payables | $0 |
| Short-Term Debt | $11.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.6B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $74.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $26.9B |
| TOTAL NON-CURRENT LIABILITIES | $104.8B |
| TOTAL LIABILITIES | $136.8B |
| Common Stock | $18M |
| Additional Paid-In Capital | $17.7B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$3.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.7B |
| Minority Interest | $23M |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $150.5B |
| Total Debt | $85.5B |
| Net Debt | $75.8B |
