| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | — | 3.1% | — |
| Op. Income | $536M | $567M | — | -5.5% | — |
| Gross Margin | 31.6% | 34.6% | — | -3.1pp | — |
| Net Margin | 22.3% | 24.5% | — | -2.1pp | — |
| EPS (Diluted) | $4.56 | $4.77 | — | -4.4% | — |
| Free Cash Flow | $528M | $317M | — | 66.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $715M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | -$7M |
| Operating Expenses | $179M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $536M |
| Interest Income | $2M |
| Interest Expense | $29M |
| Other Income/Expenses | $86M |
| INCOME BEFORE TAX | $622M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $520M |
| Net Income from Discontinued Ops | -$13M |
| Other Adjustments | $0 |
| NET INCOME | $506M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506M |
| D&A | $94M |
| EBIT | $643M |
| EBITDA | $737M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $715M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | -$7M |
| Operating Expenses | $179M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $536M |
| Interest Income | $2M |
| Interest Expense | $29M |
| Other Income/Expenses | $86M |
| INCOME BEFORE TAX | $622M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $520M |
| Net Income from Discontinued Ops | -$13M |
| Other Adjustments | $0 |
| NET INCOME | $506M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506M |
| D&A | $94M |
| EBIT | $643M |
| EBITDA | $737M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $507M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$69M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $630M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $233M |
| Common Stock Repurchased | -$286M |
| Common Dividends Paid | -$76M |
| Other Financing Activities | -$99M |
| NET CASH FROM FINANCING | -$228M |
| FREE CASH FLOW | $528M |
| Net Change in Cash | $286M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $28M |
| Net Receivables | $1.7B |
| Inventory | $1.2B |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $4.2B |
| Goodwill | $1.1B |
| Intangible Assets | $303M |
| Long-Term Investments | $842M |
| Tax Assets | $254M |
| Other Non-Current Assets | $543M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $11.6B |
| Account Payables | $1.0B |
| Short-Term Debt | $103M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $223M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $537M |
| Other Non-Current Liabilities | $994M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $313M |
| Retained Earnings | $9.2B |
| Treasury Stock | -$5.3B |
| Accum. Other Comp. Income | -$328M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $352M |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $11.6B |
| Total Debt | $4.1B |
| Net Debt | $2.7B |
