| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.2B | $12.0B | $13.4B | 1.4% | -9.5% |
| Op. Income | $3.2B | $3.4B | $3.7B | -4.9% | -12.0% |
| Gross Margin | 63.2% | 64.9% | 63.9% | -1.6pp | -0.6pp |
| Net Margin | 21.7% | 23.1% | 16.4% | -1.5pp | 5.3pp |
| EPS (Diluted) | $0.62 | $0.65 | $0.51 | -4.6% | 21.6% |
| Free Cash Flow | $3.6B | $4.1B | $3.7B | -11.6% | -3.7% |
| Item | Amount |
|---|---|
| REVENUE | $12.2B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.2B |
| General & Administrative | $494M |
| SG&A Expenses | $2.7B |
| Other Expenses | $160M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $3.2B |
| Interest Income | $187M |
| Interest Expense | $119M |
| Other Income/Expenses | $59M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $670M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $444M |
| EBIT | $3.4B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.2B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.2B |
| General & Administrative | $494M |
| SG&A Expenses | $2.7B |
| Other Expenses | $160M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $3.2B |
| Interest Income | $187M |
| Interest Expense | $119M |
| Other Income/Expenses | $59M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $670M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $444M |
| EBIT | $3.4B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $444M |
| Stock-Based Compensation | $399M |
| Deferred Income Tax | -$141M |
| Other Non-Cash Items | $80M |
| Change in Working Capital | $384M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$208M |
| Acquisitions (Net) | -$90M |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $499M |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$208M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $54M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $3.6B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.8B |
| Short-Term Investments | $17.6B |
| Net Receivables | $10.5B |
| Inventory | $1.3B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $43.6B |
| PP&E (Net) | $2.5B |
| Goodwill | $33.8B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $9.5B |
| TOTAL NON-CURRENT ASSETS | $51.3B |
| TOTAL ASSETS | $94.9B |
| Account Payables | $2.2B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $11.4B |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $25.3B |
| Long-Term Debt | $11.6B |
| Deferred Revenue NC | $9.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.0B |
| TOTAL NON-CURRENT LIABILITIES | $31.6B |
| TOTAL LIABILITIES | $56.9B |
| Common Stock | $41.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$519M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $37.9B |
| TOTAL LIABILITIES & EQUITY | $94.9B |
| Total Debt | $14.6B |
| Net Debt | $2.8B |
