| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.5B | $10.7B | $7.7B | -2.3% | 35.3% |
| Op. Income | $2.1B | $2.4B | $779M | -11.6% | 173.8% |
| Gross Margin | 53.3% | 53.1% | 50.2% | 0.1pp | 3.1pp |
| Net Margin | 17.1% | 20.2% | 7.3% | -3.1pp | 9.8pp |
| EPS (Diluted) | $1.00 | $1.21 | $0.32 | -17.4% | 212.5% |
| Free Cash Flow | $2.2B | $3.1B | $355M | -28.2% | 531.0% |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $654M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $2.1B |
| Interest Income | $11M |
| Interest Expense | $66M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $250M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $934M |
| EBIT | $2.1B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $654M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $2.1B |
| Interest Income | $11M |
| Interest Expense | $66M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $250M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $934M |
| EBIT | $2.1B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $934M |
| Stock-Based Compensation | $288M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$372M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$397M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$422M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$275M |
| Common Dividends Paid | -$800M |
| Other Financing Activities | $86M |
| NET CASH FROM FINANCING | -$967M |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $318M |
| Net Receivables | $6.1B |
| Inventory | $5.4B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $21.8B |
| PP&E (Net) | $8.8B |
| Goodwill | $23.4B |
| Intangible Assets | $14.2B |
| Long-Term Investments | $832M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $51.0B |
| TOTAL ASSETS | $72.8B |
| Account Payables | $4.1B |
| Short-Term Debt | $955M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $12.5B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.0B |
| TOTAL NON-CURRENT LIABILITIES | $26.5B |
| TOTAL LIABILITIES | $39.0B |
| Common Stock | $24.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $28.7B |
| Treasury Stock | -$9.8B |
| Accum. Other Comp. Income | -$9.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.6B |
| Minority Interest | $226M |
| TOTAL EQUITY | $33.8B |
| TOTAL LIABILITIES & EQUITY | $72.8B |
| Total Debt | $18.4B |
| Net Debt | $10.4B |
