| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.3B | $14.0B | $12.9B | 2.7% | 11.2% |
| Op. Income | $4.3B | $4.4B | $3.3B | -3.0% | 32.3% |
| Gross Margin | 69.4% | 67.6% | 60.9% | 1.8pp | 8.5pp |
| Net Margin | 22.2% | 5.5% | 17.9% | 16.7pp | 4.3pp |
| EPS (Diluted) | $1.78 | $0.42 | $1.29 | 323.8% | 38.0% |
| Free Cash Flow | $7.7B | $4.7B | $5.6B | 64.4% | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $500M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $4.3B |
| Interest Income | $11M |
| Interest Expense | $596M |
| Other Income/Expenses | -$618M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $508M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $2.1B |
| EBIT | $4.3B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $500M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $4.3B |
| Interest Income | $11M |
| Interest Expense | $596M |
| Other Income/Expenses | -$618M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $508M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $2.1B |
| EBIT | $4.3B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $135M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $819M |
| Change in Working Capital | $1.7B |
| OPERATING CASH FLOW | $7.9B |
| Capital Expenditure | -$217M |
| Acquisitions (Net) | -$492M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $88M |
| NET CASH FROM INVESTING | -$615M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | -$121M |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $7.7B |
| Net Change in Cash | $3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.2B |
| Short-Term Investments | $67M |
| Net Receivables | $9.3B |
| Inventory | $3.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $29.0B |
| PP&E (Net) | $5.1B |
| Goodwill | $32.3B |
| Intangible Assets | $77.5B |
| Long-Term Investments | $272M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $119.9B |
| TOTAL ASSETS | $148.9B |
| Account Payables | $0 |
| Short-Term Debt | $6.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.9B |
| TOTAL CURRENT LIABILITIES | $28.5B |
| Long-Term Debt | $74.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.6B |
| Other Non-Current Liabilities | $29.1B |
| TOTAL NON-CURRENT LIABILITIES | $106.7B |
| TOTAL LIABILITIES | $135.3B |
| Common Stock | $18M |
| Additional Paid-In Capital | $18.1B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.6B |
| Minority Interest | $27M |
| TOTAL EQUITY | $13.6B |
| TOTAL LIABILITIES & EQUITY | $148.9B |
| Total Debt | $80.7B |
| Net Debt | $68.5B |
