| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.5B | $8.7B | $9.7B | 9.5% | -1.4% |
| Op. Income | $1.2B | $1.3B | $977M | -10.7% | 21.7% |
| Gross Margin | 30.1% | 32.9% | 27.9% | -2.8pp | 2.2pp |
| Net Margin | 8.0% | 9.3% | 7.5% | -1.4pp | 0.5pp |
| EPS (Diluted) | $2.39 | $2.57 | $2.27 | -7.0% | 5.3% |
| Free Cash Flow | $2.7B | $2.8B | $1.8B | -3.6% | 50.6% |
| Item | Amount |
|---|---|
| REVENUE | $9.5B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $443M |
| Selling & Marketing | $0 |
| General & Administrative | $979M |
| SG&A Expenses | $979M |
| Other Expenses | $256M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $278M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $330M |
| Net Income from Continuing Ops | $758M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $758M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $758M |
| D&A | $504M |
| EBIT | $1.4B |
| EBITDA | $1.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.5B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $443M |
| Selling & Marketing | $0 |
| General & Administrative | $979M |
| SG&A Expenses | $979M |
| Other Expenses | $256M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $278M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $330M |
| Net Income from Continuing Ops | $758M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $758M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $758M |
| D&A | $504M |
| EBIT | $1.4B |
| EBITDA | $1.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $758M |
| Depreciation & Amortization | $504M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $149M |
| Other Non-Cash Items | $56M |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$750M |
| Acquisitions (Net) | $407M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$2.2B |
| Common Stock Repurchased | -$487M |
| Common Dividends Paid | -$241M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.1B |
| Short-Term Investments | $641M |
| Net Receivables | $38.7B |
| Inventory | $5.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51.4B |
| PP&E (Net) | $13.1B |
| Goodwill | $3.1B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $193M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $23.7B |
| TOTAL ASSETS | $75.1B |
| Account Payables | $1.9B |
| Short-Term Debt | $13.2B |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $22.4B |
| Long-Term Debt | $32.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $519M |
| Other Non-Current Liabilities | $6.5B |
| TOTAL NON-CURRENT LIABILITIES | $39.8B |
| TOTAL LIABILITIES | $62.1B |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $31.6B |
| Treasury Stock | -$18.1B |
| Accum. Other Comp. Income | -$5.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.9B |
| Minority Interest | $7M |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $75.1B |
| Total Debt | $46.3B |
| Net Debt | $39.2B |
