| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.8B | $12.4B | $11.2B | 11.3% | 22.8% |
| Op. Income | $1.6B | $1.7B | $1.4B | -3.2% | 16.7% |
| Gross Margin | 26.8% | 29.6% | 29.6% | -2.8pp | -2.8pp |
| Net Margin | 15.4% | 11.5% | 6.9% | 3.9pp | 8.4pp |
| EPS (Diluted) | $3.91 | $2.60 | $1.42 | 50.4% | 175.4% |
| Free Cash Flow | $627M | $1.2B | $1.4B | -45.6% | -56.7% |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $439M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $220M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $12.2B |
| OPERATING INCOME | $1.6B |
| Interest Income | $16M |
| Interest Expense | $111M |
| Other Income/Expenses | $938M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $429M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $586M |
| EBIT | $2.7B |
| EBITDA | $3.3B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $439M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $220M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $12.2B |
| OPERATING INCOME | $1.6B |
| Interest Income | $16M |
| Interest Expense | $111M |
| Other Income/Expenses | $938M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $429M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $586M |
| EBIT | $2.7B |
| EBITDA | $3.3B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $586M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$62M |
| Other Non-Cash Items | -$750M |
| Change in Working Capital | -$513M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$785M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$873M |
| Sales/Maturities of Investments | $361M |
| Other Investing Activities | $292M |
| NET CASH FROM INVESTING | -$992M |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$599M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$586M |
| FREE CASH FLOW | $627M |
| Net Change in Cash | -$186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $0 |
| Net Receivables | $17.4B |
| Inventory | $14.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $43.5B |
| PP&E (Net) | $12.1B |
| Goodwill | $6.3B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $1.8B |
| Other Non-Current Assets | $18.0B |
| TOTAL NON-CURRENT ASSETS | $39.3B |
| TOTAL ASSETS | $82.8B |
| Account Payables | $8.2B |
| Short-Term Debt | $11.8B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $29.8B |
| Long-Term Debt | $26.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.4B |
| TOTAL NON-CURRENT LIABILITIES | $36.4B |
| TOTAL LIABILITIES | $66.3B |
| Common Stock | $6.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $39.3B |
| Treasury Stock | -$27.6B |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.5B |
| Minority Interest | $32M |
| TOTAL EQUITY | $16.5B |
| TOTAL LIABILITIES & EQUITY | $82.8B |
| Total Debt | $37.8B |
| Net Debt | $28.5B |
