| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.9B | $10.2B | $8.9B | 6.9% | 23.4% |
| Op. Income | $2.6B | $2.0B | $1.5B | 31.2% | 80.1% |
| Gross Margin | 55.5% | 52.6% | 48.9% | 2.9pp | 6.5pp |
| Net Margin | 19.2% | 11.6% | 13.9% | 7.6pp | 5.3pp |
| EPS (Diluted) | $1.17 | $0.66 | $0.69 | 77.3% | 69.6% |
| Free Cash Flow | $2.2B | $1.7B | $1.6B | 30.6% | 42.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $672M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $10M |
| Interest Expense | $119M |
| Other Income/Expenses | -$129M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $393M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $847M |
| EBIT | $2.6B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $672M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $10M |
| Interest Expense | $119M |
| Other Income/Expenses | -$129M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $393M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $847M |
| EBIT | $2.6B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $847M |
| Stock-Based Compensation | $114M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$360M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$461M |
| Acquisitions (Net) | -$86M |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | -$81M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$651M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | -$579M |
| Common Dividends Paid | -$801M |
| Other Financing Activities | $70M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $644M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $390M |
| Net Receivables | $6.4B |
| Inventory | $5.3B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $23.5B |
| PP&E (Net) | $8.8B |
| Goodwill | $23.3B |
| Intangible Assets | $13.3B |
| Long-Term Investments | $941M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $50.3B |
| TOTAL ASSETS | $73.8B |
| Account Payables | $4.0B |
| Short-Term Debt | $951M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $12.9B |
| Long-Term Debt | $17.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $26.3B |
| TOTAL LIABILITIES | $39.2B |
| Common Stock | $24.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $30.4B |
| Treasury Stock | -$11.0B |
| Accum. Other Comp. Income | -$9.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34.4B |
| Minority Interest | $216M |
| TOTAL EQUITY | $34.6B |
| TOTAL LIABILITIES & EQUITY | $73.8B |
| Total Debt | $18.4B |
| Net Debt | $9.1B |
