| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | — | 3.2% | — |
| Op. Income | $1.7B | $291M | — | 476.3% | — |
| Gross Margin | 100.0% | 105.4% | — | -5.4pp | — |
| Net Margin | 20.7% | 13.2% | — | 7.5pp | — |
| EPS (Diluted) | $4.17 | $2.57 | — | 62.3% | — |
| Free Cash Flow | $280M | $428M | — | -34.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | $445M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $355M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $355M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $355M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | $445M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $355M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $355M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $355M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $355M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $289M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$66M |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$333M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$892M |
| Other Financing Activities | $229M |
| NET CASH FROM FINANCING | -$658M |
| FREE CASH FLOW | $280M |
| Net Change in Cash | -$702M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $118M |
| Goodwill | $246M |
| Intangible Assets | $306M |
| Long-Term Investments | $1.7B |
| Tax Assets | $383M |
| Other Non-Current Assets | $16.7B |
| TOTAL NON-CURRENT ASSETS | $19.4B |
| TOTAL ASSETS | $24.9B |
| Account Payables | $920M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $307M |
| Other Non-Current Liabilities | $9.0B |
| TOTAL NON-CURRENT LIABILITIES | $11.4B |
| TOTAL LIABILITIES | $19.9B |
| Common Stock | $85M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $24.9B |
| Total Debt | $2.1B |
| Net Debt | -$31M |
