| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $2.7B | 3.1% | -15.4% |
| Op. Income | $872M | $768M | $1.1B | 13.5% | -23.8% |
| Gross Margin | 60.1% | 55.0% | 60.0% | 5.2pp | 0.1pp |
| Net Margin | 30.6% | 27.8% | 33.5% | 2.8pp | -2.9pp |
| EPS (Diluted) | $4.31 | $3.82 | $5.63 | 12.8% | -23.4% |
| Free Cash Flow | $559M | $349M | $441M | 60.2% | 26.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $915M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $508M |
| Operating Expenses | $508M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $872M |
| Interest Income | $177M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $872M |
| Income Tax Expense | $169M |
| NET INCOME | $703M |
| D&A | $23M |
| EBIT | $885M |
| EBITDA | $908M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $915M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $508M |
| Operating Expenses | $508M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $872M |
| Interest Income | $177M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $872M |
| Income Tax Expense | $169M |
| NET INCOME | $703M |
| D&A | $23M |
| EBIT | $885M |
| EBITDA | $908M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $703M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $94M |
| Other Non-Cash Items | -$498M |
| Change in Working Capital | $233M |
| OPERATING CASH FLOW | $563M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$841M |
| Sales/Maturities of Investments | $472M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$373M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$100M |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $559M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $12.8B |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | -$16.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $213M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $22.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$22.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $29.7B |
| Account Payables | $0 |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$59M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $848M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | -$2.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $17.8B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $11.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $731M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $29.7B |
| Total Debt | $907M |
| Net Debt | -$96M |
