| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.9B | $9.5B | $7.4B | -6.7% | 19.6% |
| Op. Income | $1.6B | $1.2B | $700M | 32.2% | 124.6% |
| Gross Margin | 34.7% | 30.1% | 31.6% | 4.6pp | 3.0pp |
| Net Margin | 13.8% | 8.0% | 7.0% | 5.8pp | 6.8pp |
| EPS (Diluted) | $3.87 | $2.39 | $1.63 | 61.9% | 137.4% |
| Free Cash Flow | -$305M | $2.7B | -$1.3B | -111.4% | 76.5% |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $366M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $769M |
| Other Expenses | $373M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $271M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $308M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $538M |
| EBIT | $1.8B |
| EBITDA | $2.3B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $366M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $769M |
| Other Expenses | $373M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $271M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $308M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $538M |
| EBIT | $1.8B |
| EBITDA | $2.3B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $538M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$448M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | $579M |
| Net Debt Issuance | -$379M |
| Common Stock Repurchased | -$352M |
| Common Dividends Paid | -$242M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$933M |
| FREE CASH FLOW | -$305M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $667M |
| Net Receivables | $39.6B |
| Inventory | $6.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53.2B |
| PP&E (Net) | $12.8B |
| Goodwill | $3.2B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $178M |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $22.3B |
| TOTAL ASSETS | $75.5B |
| Account Payables | $9.4B |
| Short-Term Debt | $13.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22.7B |
| Long-Term Debt | $32.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $532M |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $38.7B |
| TOTAL LIABILITIES | $61.4B |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $32.6B |
| Treasury Stock | -$18.4B |
| Accum. Other Comp. Income | -$5.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.1B |
| Minority Interest | $3M |
| TOTAL EQUITY | $14.1B |
| TOTAL LIABILITIES & EQUITY | $75.5B |
| Total Debt | $46.0B |
| Net Debt | $39.0B |
