| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $5.6B | $5.8B | 7.9% | 4.3% |
| Op. Income | $714M | $605M | $473M | 17.9% | 50.8% |
| Gross Margin | 43.4% | 42.9% | 38.2% | 0.5pp | 5.2pp |
| Net Margin | 6.7% | 6.4% | 4.4% | 0.3pp | 2.3pp |
| EPS (Diluted) | $0.12 | $0.11 | $0.08 | 14.3% | 57.7% |
| Free Cash Flow | $538M | $257M | $414M | 109.6% | 30.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $754M |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $714M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$125M |
| INCOME BEFORE TAX | $589M |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $428M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $403M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $403M |
| D&A | $194M |
| EBIT | $650M |
| EBITDA | $844M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $754M |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $714M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$125M |
| INCOME BEFORE TAX | $589M |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $428M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $403M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $403M |
| D&A | $194M |
| EBIT | $650M |
| EBITDA | $844M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $403M |
| Depreciation & Amortization | $194M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $648M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$617M |
| Sales/Maturities of Investments | -$18M |
| Other Investing Activities | $2.2K |
| NET CASH FROM INVESTING | -$779M |
| Net Debt Issuance | $800M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$364M |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | $472M |
| FREE CASH FLOW | $538M |
| Net Change in Cash | $377M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $1.4B |
| Net Receivables | $7.9B |
| Inventory | $3.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.3B |
| PP&E (Net) | $2.3B |
| Goodwill | $3.9B |
| Intangible Assets | $870M |
| Long-Term Investments | $3.2B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $13.0B |
| TOTAL ASSETS | $30.3B |
| Account Payables | $3.2B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $4.0B |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $13.4B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $105M |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $20.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $10.1B |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | -$176M |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $30.3B |
| Total Debt | $4.6B |
| Net Debt | -$59M |
