| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.7B | $4.4B | 3.7% | 9.3% |
| Op. Income | $286M | $337M | $727M | -15.2% | -60.7% |
| Gross Margin | 47.7% | 49.5% | 52.0% | -1.7pp | -4.3pp |
| Net Margin | 5.2% | -51.9% | 17.1% | 57.1pp | -11.9pp |
| EPS (Diluted) | $0.87 | $-6.97 | $2.21 | 112.4% | -60.8% |
| Free Cash Flow | $70M | $101M | $881M | -31.0% | -92.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $943M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $286M |
| Interest Income | $221M |
| Interest Expense | $128M |
| Other Income/Expenses | $59M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $194M |
| EBIT | $473M |
| EBITDA | $667M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $943M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $286M |
| Interest Income | $221M |
| Interest Expense | $128M |
| Other Income/Expenses | $59M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $189M |
| Net Income from Continuing Ops | $156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $194M |
| EBIT | $473M |
| EBITDA | $667M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $251M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $306M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $438M |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $689M |
| Capital Expenditure | -$619M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $299M |
| NET CASH FROM INVESTING | $299M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$794M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$556M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $20.9B |
| Net Receivables | $2.2B |
| Inventory | $216M |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $31.2B |
| PP&E (Net) | $5.1B |
| Goodwill | $3.3B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $9.8B |
| Tax Assets | $347M |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $24.4B |
| TOTAL ASSETS | $55.5B |
| Account Payables | $0 |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $10.0B |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $480M |
| Other Non-Current Liabilities | $582M |
| TOTAL NON-CURRENT LIABILITIES | $11.9B |
| TOTAL LIABILITIES | $22.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $10.8B |
| Retained Earnings | $21.2B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30.9B |
| Minority Interest | $1.8B |
| TOTAL EQUITY | $32.7B |
| TOTAL LIABILITIES & EQUITY | $55.5B |
| Total Debt | $13.4B |
| Net Debt | $8.0B |
