| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | $1.6B | 0.4% | 43.0% |
| Op. Income | $517M | $536M | $203M | -3.5% | 154.7% |
| Gross Margin | 31.7% | 31.6% | 23.6% | 0.1pp | 8.1pp |
| Net Margin | 23.0% | 22.3% | 91.3% | 0.7pp | -68.3pp |
| EPS (Diluted) | $4.79 | $4.56 | $12.50 | 5.0% | -61.7% |
| Free Cash Flow | $421M | $528M | $189M | -20.3% | 122.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $721M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $170M |
| Other Expenses | $11M |
| Operating Expenses | $204M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $517M |
| Interest Income | $1M |
| Interest Expense | $21M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $557M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $530M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $524M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $524M |
| D&A | $100M |
| EBIT | $578M |
| EBITDA | $678M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $721M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $170M |
| Other Expenses | $11M |
| Operating Expenses | $204M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $517M |
| Interest Income | $1M |
| Interest Expense | $21M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $557M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $530M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $524M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $524M |
| D&A | $100M |
| EBIT | $578M |
| EBITDA | $678M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $526M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$84M |
| OPERATING CASH FLOW | $584M |
| Capital Expenditure | -$163M |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $180M |
| Common Stock Repurchased | -$197M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $421M |
| Net Change in Cash | -$804M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $536M |
| Short-Term Investments | $10M |
| Net Receivables | $1.7B |
| Inventory | $1.5B |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $4.4B |
| Goodwill | $1.4B |
| Intangible Assets | $735M |
| Long-Term Investments | $823M |
| Tax Assets | $248M |
| Other Non-Current Assets | $521M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $828M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $275M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $555M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $333M |
| Retained Earnings | $9.7B |
| Treasury Stock | -$5.5B |
| Accum. Other Comp. Income | -$329M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $348M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $4.2B |
| Net Debt | $3.7B |
