| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.8B | — | $15.3B | — | -3.3% |
| Op. Income | -$720M | — | -$1.6B | — | 54.5% |
| Gross Margin | 6.4% | — | 5.5% | — | 0.9pp |
| Net Margin | -28.0% | — | -55.0% | — | 27.0pp |
| EPS (Diluted) | $-7.02 | — | $-14.65 | — | 52.1% |
| Free Cash Flow | $494M | — | -$4.3B | — | 111.6% |
| Item | Amount |
|---|---|
| REVENUE | $14.8B |
| Cost of Revenue | $13.8B |
| GROSS PROFIT | $946M |
| R&D Expenses | $678M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $988M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | -$720M |
| Interest Income | $0 |
| Interest Expense | $661M |
| Other Income/Expenses | -$4.0B |
| INCOME BEFORE TAX | -$4.7B |
| Income Tax Expense | -$536M |
| Net Income from Continuing Ops | -$4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4.1B |
| D&A | $534M |
| EBIT | -$4.0B |
| EBITDA | -$3.5B |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$4.2B |
| Depreciation & Amortization | $534M |
| Stock-Based Compensation | $156M |
| Deferred Income Tax | $3.5B |
| Other Non-Cash Items | $727M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $716M |
| Capital Expenditure | -$222M |
| Acquisitions (Net) | $144M |
| Purchases of Investments | -$7.8B |
| Sales/Maturities of Investments | $9.8B |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$4.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$4.4B |
| FREE CASH FLOW | $494M |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $8.2B |
| Net Receivables | $11.4B |
| Inventory | $78.8B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $108.7B |
| PP&E (Net) | $10.9B |
| Goodwill | $8.1B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $975M |
| Tax Assets | $77M |
| Other Non-Current Assets | $7.3B |
| TOTAL NON-CURRENT ASSETS | $29.9B |
| TOTAL ASSETS | $138.6B |
| Account Payables | $9.3B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $53.0B |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $82.0B |
| Long-Term Debt | $56.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $218M |
| Other Non-Current Liabilities | $14.4B |
| TOTAL NON-CURRENT LIABILITIES | $71.4B |
| TOTAL LIABILITIES | $153.4B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | $34.4B |
| Treasury Stock | -$51.9B |
| Accum. Other Comp. Income | -$11.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$15.0B |
| Minority Interest | $153M |
| TOTAL EQUITY | -$14.8B |
| TOTAL LIABILITIES & EQUITY | $138.6B |
| Total Debt | $58.4B |
| Net Debt | $50.3B |
