| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.7B | — | -9.8% | — |
| Op. Income | $1.5B | $1.7B | — | -7.6% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 18.7% | 20.7% | — | -1.9pp | — |
| EPS (Diluted) | $3.40 | $4.17 | — | -18.5% | — |
| Free Cash Flow | $480M | $280M | — | 71.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | $361M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | $361M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $290M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $173M |
| OPERATING CASH FLOW | $503M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$216M |
| Other Financing Activities | -$76M |
| NET CASH FROM FINANCING | -$342M |
| FREE CASH FLOW | $480M |
| Net Change in Cash | -$950M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $111M |
| Goodwill | $246M |
| Intangible Assets | $375M |
| Long-Term Investments | $1.6B |
| Tax Assets | $11.0B |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $20.2B |
| TOTAL ASSETS | $24.4B |
| Account Payables | $910M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.1B |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $19.5B |
| Common Stock | $85M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $24.4B |
| Total Debt | $2.0B |
| Net Debt | $863M |
