| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | — | $9.7B | — | -4.5% |
| Op. Income | $3.0B | — | $3.4B | — | -9.8% |
| Gross Margin | 61.3% | — | 62.5% | — | -1.2pp |
| Net Margin | 23.0% | — | 25.9% | — | -2.9pp |
| EPS (Diluted) | $3.61 | — | $4.26 | — | -15.2% |
| Free Cash Flow | $2.4B | — | $1.3B | — | 82.5% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $731M |
| General & Administrative | $1.9B |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.0B |
| Interest Income | $78M |
| Interest Expense | $333M |
| Other Income/Expenses | -$286M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $724M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $208M |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $295M |
| EBIT | $3.1B |
| EBITDA | $3.4B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $731M |
| General & Administrative | $1.9B |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.0B |
| Interest Income | $78M |
| Interest Expense | $333M |
| Other Income/Expenses | -$286M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $724M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $208M |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $295M |
| EBIT | $3.1B |
| EBITDA | $3.4B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $295M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $937M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$337M |
| Acquisitions (Net) | -$519M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $239M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$860M |
| Net Debt Issuance | -$756M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$755M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $113M |
| Net Receivables | $6.0B |
| Inventory | $7.8B |
| Other Current Assets | $347M |
| TOTAL CURRENT ASSETS | $16.0B |
| PP&E (Net) | $6.4B |
| Goodwill | $0 |
| Intangible Assets | $14.7B |
| Long-Term Investments | $5.3B |
| Tax Assets | $154M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $28.3B |
| TOTAL ASSETS | $44.2B |
| Account Payables | $6.2B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $9.0B |
| Long-Term Debt | $19.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $23.9B |
| TOTAL LIABILITIES | $32.9B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $6.5B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | $2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $2.1B |
| TOTAL EQUITY | $11.3B |
| TOTAL LIABILITIES & EQUITY | $44.2B |
| Total Debt | $20.6B |
| Net Debt | $16.9B |
