| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.6B | $2.8B | 6.0% | -2.1% |
| Op. Income | $899M | $907M | $856M | -0.9% | 5.0% |
| Gross Margin | 77.3% | 80.0% | 73.4% | -2.7pp | 3.8pp |
| Net Margin | 23.7% | 27.4% | 24.5% | -3.7pp | -0.8pp |
| EPS (Diluted) | $1.79 | $1.89 | $1.82 | -5.3% | -1.6% |
| Free Cash Flow | $70M | $256M | $41M | -72.7% | 70.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $625M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $614M |
| SG&A Expenses | $712M |
| Other Expenses | $513M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $899M |
| Interest Income | $2.3B |
| Interest Expense | $415M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $899M |
| Income Tax Expense | $241M |
| Net Income from Continuing Ops | $658M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $652M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $624M |
| D&A | $330M |
| EBIT | $899M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $625M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $614M |
| SG&A Expenses | $712M |
| Other Expenses | $513M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $899M |
| Interest Income | $2.3B |
| Interest Expense | $415M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $899M |
| Income Tax Expense | $241M |
| Net Income from Continuing Ops | $658M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $652M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $624M |
| D&A | $330M |
| EBIT | $899M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $652M |
| Depreciation & Amortization | $330M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $959M |
| Capital Expenditure | -$889M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.7B |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | -$7.1B |
| NET CASH FROM INVESTING | -$9.5B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$594M |
| Common Dividends Paid | -$87M |
| Other Financing Activities | $2.1B |
| NET CASH FROM FINANCING | $2.7B |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$5.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.1B |
| Short-Term Investments | $33.4B |
| Net Receivables | $727M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $39.2B |
| PP&E (Net) | $12.2B |
| Goodwill | $822M |
| Intangible Assets | $129M |
| Long-Term Investments | $127.9B |
| Tax Assets | $254M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $142.9B |
| TOTAL ASSETS | $182.1B |
| Account Payables | $794M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $141.6B |
| TOTAL CURRENT LIABILITIES | $142.4B |
| Long-Term Debt | $17.0B |
| Deferred Revenue NC | $176M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $22.7B |
| TOTAL LIABILITIES | $165.1B |
| Common Stock | $21.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$5.2B |
| Accum. Other Comp. Income | -$158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.1B |
| TOTAL LIABILITIES & EQUITY | $182.1B |
| Total Debt | $17.2B |
| Net Debt | $12.1B |
