| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | $6.8B | $6.5B | 9.3% | 14.5% |
| Op. Income | $2.6B | $2.1B | $1.5B | 21.4% | 69.1% |
| Gross Margin | 62.6% | 61.9% | 57.9% | 0.7pp | 4.7pp |
| Net Margin | 26.9% | 27.7% | 20.5% | -0.8pp | 6.4pp |
| EPS (Diluted) | $0.45 | $0.42 | $0.29 | 7.1% | 55.2% |
| Free Cash Flow | $3.5B | $3.4B | $3.2B | 0.8% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $337M |
| SG&A Expenses | $337M |
| Other Expenses | $520M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $411M |
| Other Income/Expenses | -$412M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $180M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.5B |
| EBIT | $2.6B |
| EBITDA | $4.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $337M |
| SG&A Expenses | $337M |
| Other Expenses | $520M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $411M |
| Other Income/Expenses | -$412M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $180M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.5B |
| EBIT | $2.6B |
| EBITDA | $4.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $414M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$333M |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $45M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$762M |
| Common Stock Repurchased | -$266M |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $1.3B |
| Other Current Assets | $516M |
| TOTAL CURRENT ASSETS | $16.6B |
| PP&E (Net) | $2.3B |
| Goodwill | $43.5B |
| Intangible Assets | $11.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $59.0B |
| TOTAL ASSETS | $75.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $264M |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $39.4B |
| Deferred Revenue NC | $566M |
| Deferred Tax Liabilities | -$566M |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $44.3B |
| TOTAL LIABILITIES | $50.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $24.3B |
| Retained Earnings | $748M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.0B |
| TOTAL LIABILITIES & EQUITY | $75.6B |
| Total Debt | $40.3B |
| Net Debt | $28.1B |
