| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.4B | $12.9B | $9.9B | -3.8% | 25.5% |
| Op. Income | $1.7B | $1.8B | $985M | -7.0% | 68.9% |
| Gross Margin | 29.6% | 30.2% | 28.6% | -0.6pp | 1.0pp |
| Net Margin | 11.5% | 11.0% | 6.8% | 0.5pp | 4.7pp |
| EPS (Diluted) | $2.60 | $2.56 | $1.22 | 1.6% | 113.1% |
| Free Cash Flow | $1.2B | $1.5B | $1.2B | -24.2% | -7.1% |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $427M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $238M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $1.7B |
| Interest Income | $20M |
| Interest Expense | $114M |
| Other Income/Expenses | $132M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $368M |
| 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 | $593M |
| EBIT | $1.9B |
| EBITDA | $2.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $427M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $238M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $1.7B |
| Interest Income | $20M |
| Interest Expense | $114M |
| Other Income/Expenses | $132M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $368M |
| 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 | $593M |
| EBIT | $1.9B |
| EBITDA | $2.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $593M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | -$389M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$587M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$485M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | $554M |
| NET CASH FROM INVESTING | -$375M |
| Net Debt Issuance | -$765M |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$607M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.4B |
| Short-Term Investments | $0 |
| Net Receivables | $16.6B |
| Inventory | $13.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41.9B |
| PP&E (Net) | $11.9B |
| Goodwill | $6.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $17.8B |
| TOTAL NON-CURRENT ASSETS | $38.9B |
| TOTAL ASSETS | $80.8B |
| Account Payables | $7.2B |
| Short-Term Debt | $9.6B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $26.0B |
| Long-Term Debt | $27.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.0B |
| TOTAL NON-CURRENT LIABILITIES | $38.1B |
| TOTAL LIABILITIES | $64.1B |
| Common Stock | $6.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $38.4B |
| Treasury Stock | -$26.6B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.7B |
| Minority Interest | $30M |
| TOTAL EQUITY | $16.7B |
| TOTAL LIABILITIES & EQUITY | $80.8B |
| Total Debt | $36.8B |
| Net Debt | $27.3B |
