| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.6B | $18.3B | — | 1.7% | — |
| Op. Income | $1.1B | $652M | — | 71.9% | — |
| Gross Margin | 27.8% | 25.4% | — | 2.4pp | — |
| Net Margin | 6.8% | -6.2% | — | 13.0pp | — |
| EPS (Diluted) | $1.08 | $-1.08 | — | 200.0% | — |
| Free Cash Flow | $2.0B | $226M | — | 792.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $18.6B |
| Cost of Revenue | $13.4B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $627M |
| Selling & Marketing | $0 |
| General & Administrative | $3.4B |
| SG&A Expenses | $3.4B |
| Other Expenses | $0 |
| Operating Expenses | $4.0B |
| Cost & Expenses | $17.4B |
| OPERATING INCOME | $1.1B |
| Interest Income | $133M |
| Interest Expense | $462M |
| Other Income/Expenses | -$537M |
| INCOME BEFORE TAX | $584M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $582M |
| Net Income from Discontinued Ops | $602M |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $726M |
| EBIT | $1.0B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.6B |
| Cost of Revenue | $13.4B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $627M |
| Selling & Marketing | $0 |
| General & Administrative | $3.4B |
| SG&A Expenses | $3.4B |
| Other Expenses | $0 |
| Operating Expenses | $4.0B |
| Cost & Expenses | $17.4B |
| OPERATING INCOME | $1.1B |
| Interest Income | $133M |
| Interest Expense | $462M |
| Other Income/Expenses | -$537M |
| INCOME BEFORE TAX | $584M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $582M |
| Net Income from Discontinued Ops | $602M |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $726M |
| EBIT | $1.0B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $726M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$325M |
| Acquisitions (Net) | $1.3B |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$547M |
| NET CASH FROM INVESTING | $332M |
| Net Debt Issuance | -$129M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$139M |
| Other Financing Activities | -$122M |
| NET CASH FROM FINANCING | -$395M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25.0B |
| Short-Term Investments | $5.3B |
| Net Receivables | $21.6B |
| Inventory | $16.8B |
| Other Current Assets | $35.0B |
| TOTAL CURRENT ASSETS | $103.6B |
| PP&E (Net) | $15.9B |
| Goodwill | $25.3B |
| Intangible Assets | $9.2B |
| Long-Term Investments | $47.1B |
| Tax Assets | $14.5B |
| Other Non-Current Assets | $21.6B |
| TOTAL NON-CURRENT ASSETS | $133.5B |
| TOTAL ASSETS | $237.1B |
| Account Payables | $16.2B |
| Short-Term Debt | $5.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36.0B |
| TOTAL CURRENT LIABILITIES | $57.7B |
| Long-Term Debt | $57.4B |
| Deferred Revenue NC | $1.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $78.2B |
| TOTAL NON-CURRENT LIABILITIES | $140.5B |
| TOTAL LIABILITIES | $198.2B |
| Common Stock | $15M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $89.1B |
| Treasury Stock | -$81.3B |
| Accum. Other Comp. Income | $29.7B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $37.5B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $39.0B |
| TOTAL LIABILITIES & EQUITY | $237.1B |
| Total Debt | $65.9B |
| Net Debt | $40.9B |
