| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.9B | $11.9B | $10.0B | 8.4% | 28.9% |
| Op. Income | $1.8B | $1.8B | $784M | -1.4% | 128.2% |
| Gross Margin | 30.2% | 31.5% | 27.4% | -1.4pp | 2.8pp |
| Net Margin | 11.0% | 12.9% | 4.6% | -1.9pp | 6.4pp |
| EPS (Diluted) | $2.56 | $2.77 | $0.84 | -7.6% | 204.8% |
| Free Cash Flow | $1.5B | $1.4B | $941M | 6.9% | 61.7% |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $9.0B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $446M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $293M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $1.8B |
| Interest Income | $21M |
| Interest Expense | $119M |
| Other Income/Expenses | $95M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $470M |
| 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 | $1.4B |
| D&A | $587M |
| EBIT | $2.0B |
| EBITDA | $2.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $9.0B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $446M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $293M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $1.8B |
| Interest Income | $21M |
| Interest Expense | $119M |
| Other Income/Expenses | $95M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $470M |
| 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 | $1.4B |
| D&A | $587M |
| EBIT | $2.0B |
| EBITDA | $2.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $587M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$596M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$364M |
| Sales/Maturities of Investments | $150M |
| Other Investing Activities | -$430M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$645M |
| Common Stock Repurchased | -$251M |
| Common Dividends Paid | -$564M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$509M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $0 |
| Net Receivables | $17.2B |
| Inventory | $12.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42.9B |
| PP&E (Net) | $12.0B |
| Goodwill | $6.4B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $17.7B |
| TOTAL NON-CURRENT ASSETS | $38.8B |
| TOTAL ASSETS | $81.7B |
| Account Payables | $6.9B |
| Short-Term Debt | $11.4B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $27.5B |
| Long-Term Debt | $26.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.1B |
| TOTAL NON-CURRENT LIABILITIES | $37.3B |
| TOTAL LIABILITIES | $64.8B |
| Common Stock | $6.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $36.9B |
| Treasury Stock | -$25.2B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.8B |
| Minority Interest | $47M |
| TOTAL EQUITY | $16.9B |
| TOTAL LIABILITIES & EQUITY | $81.7B |
| Total Debt | $37.6B |
| Net Debt | $26.5B |
