| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | $6.5B | $5.9B | 2.9% | 13.6% |
| Op. Income | $1.8B | $1.5B | $714M | 20.4% | 157.3% |
| Gross Margin | 59.4% | 57.9% | 55.7% | 1.4pp | 3.7pp |
| Net Margin | 20.7% | 20.5% | 6.6% | 0.2pp | 14.1pp |
| EPS (Diluted) | $0.30 | $0.29 | $0.07 | 3.4% | 305.4% |
| Free Cash Flow | $3.0B | $3.2B | $2.2B | -7.6% | 35.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $339M |
| SG&A Expenses | $339M |
| Other Expenses | $565M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $570M |
| Other Income/Expenses | -$453M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $1.5B |
| EBIT | $2.0B |
| EBITDA | $3.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $339M |
| SG&A Expenses | $339M |
| Other Expenses | $565M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $570M |
| Other Income/Expenses | -$453M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $1.5B |
| EBIT | $2.0B |
| EBITDA | $3.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $444M |
| Deferred Income Tax | -$149M |
| Other Non-Cash Items | $85M |
| Change in Working Capital | -$178M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$114M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | $704M |
| Common Stock Repurchased | -$225M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $3.0B |
| Net Change in Cash | $1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $952M |
| Other Current Assets | $759M |
| TOTAL CURRENT ASSETS | $14.3B |
| PP&E (Net) | $2.5B |
| Goodwill | $43.5B |
| Intangible Assets | $15.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $62.7B |
| TOTAL ASSETS | $77.0B |
| Account Payables | $898M |
| Short-Term Debt | $864M |
| Deferred Revenue | $3.1B |
| Other Current Liabilities | $778M |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $41.1B |
| Deferred Revenue NC | $735M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $46.3B |
| TOTAL LIABILITIES | $53.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $24.1B |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.0B |
| TOTAL LIABILITIES & EQUITY | $77.0B |
| Total Debt | $41.9B |
| Net Debt | $32.4B |
