| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.2B | $10.5B | $7.3B | -2.2% | 39.5% |
| Op. Income | $2.0B | $2.1B | $642M | -6.3% | 211.2% |
| Gross Margin | 52.6% | 53.3% | 47.5% | -0.7pp | 5.1pp |
| Net Margin | 11.6% | 17.1% | 7.3% | -5.5pp | 4.3pp |
| EPS (Diluted) | $0.66 | $1.00 | $0.30 | -34.0% | 120.0% |
| Free Cash Flow | $1.7B | $2.2B | $680M | -23.4% | 152.2% |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $654M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $2.0B |
| Interest Income | $11M |
| Interest Expense | $136M |
| Other Income/Expenses | -$650M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $159M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $874M |
| EBIT | $1.5B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $654M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $2.0B |
| Interest Income | $11M |
| Interest Expense | $136M |
| Other Income/Expenses | -$650M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $159M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $874M |
| EBIT | $1.5B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $874M |
| Stock-Based Compensation | $132M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$413M |
| Acquisitions (Net) | $48M |
| Purchases of Investments | $14M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$264M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$471M |
| Common Dividends Paid | -$803M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $604M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.7B |
| Short-Term Investments | $286M |
| Net Receivables | $6.1B |
| Inventory | $5.4B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $22.6B |
| PP&E (Net) | $8.8B |
| Goodwill | $23.5B |
| Intangible Assets | $13.7B |
| Long-Term Investments | $948M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $50.6B |
| TOTAL ASSETS | $73.3B |
| Account Payables | $4.0B |
| Short-Term Debt | $954M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.2B |
| TOTAL CURRENT LIABILITIES | $12.6B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.1B |
| TOTAL NON-CURRENT LIABILITIES | $26.6B |
| TOTAL LIABILITIES | $39.2B |
| Common Stock | $24.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $29.1B |
| Treasury Stock | -$10.3B |
| Accum. Other Comp. Income | -$9.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.8B |
| Minority Interest | $229M |
| TOTAL EQUITY | $34.0B |
| TOTAL LIABILITIES & EQUITY | $73.3B |
| Total Debt | $18.5B |
| Net Debt | $9.8B |
