| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $7.2B | $5.6B | -22.0% | -0.0% |
| Op. Income | $605M | $1.1B | $510M | -44.9% | 18.6% |
| Gross Margin | 42.9% | 40.6% | 40.4% | 2.3pp | 2.5pp |
| Net Margin | 6.4% | 10.8% | 4.3% | -4.4pp | 2.1pp |
| EPS (Diluted) | $0.11 | $0.23 | $0.07 | -54.4% | 46.3% |
| Free Cash Flow | $257M | $1.3B | $358M | -79.5% | -28.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $716M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $605M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $530M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $355M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $358M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358M |
| D&A | $192M |
| EBIT | $598M |
| EBITDA | $790M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $716M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $605M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $530M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $355M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $358M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358M |
| D&A | $192M |
| EBIT | $598M |
| EBITDA | $790M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $358M |
| Depreciation & Amortization | $192M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $242M |
| Change in Working Capital | -$432M |
| OPERATING CASH FLOW | $360M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$560.9K |
| NET CASH FROM INVESTING | -$105M |
| Net Debt Issuance | -$579M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$560.9K |
| Other Financing Activities | -$112M |
| NET CASH FROM FINANCING | -$692M |
| FREE CASH FLOW | $257M |
| Net Change in Cash | -$621M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $497M |
| Net Receivables | $7.7B |
| Inventory | $3.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.8B |
| PP&E (Net) | $2.4B |
| Goodwill | $4.0B |
| Intangible Assets | $919M |
| Long-Term Investments | $3.5B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $13.4B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $3.2B |
| Short-Term Debt | $495M |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $113M |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $19.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $9.7B |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | -$179M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $3.8B |
| Net Debt | -$579M |
