| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.8B | $41.1B | $33.5B | -10.5% | 9.8% |
| Op. Income | $5.8B | $6.6B | $4.9B | -12.7% | 19.4% |
| Gross Margin | 34.1% | 33.2% | 34.2% | 0.9pp | -0.0pp |
| Net Margin | 11.2% | 11.7% | 10.2% | -0.5pp | 1.0pp |
| EPS (Diluted) | $3.92 | $4.53 | $3.18 | -13.5% | 23.3% |
| Free Cash Flow | $2.7B | $3.1B | $2.1B | -12.0% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $36.8B |
| Cost of Revenue | $24.3B |
| GROSS PROFIT | $12.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.2B |
| Other Expenses | $600M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $31.0B |
| OPERATING INCOME | $5.8B |
| Interest Income | $15M |
| Interest Expense | $341M |
| Other Income/Expenses | -$326M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $714M |
| EBIT | $5.8B |
| EBITDA | $6.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $36.8B |
| Cost of Revenue | $24.3B |
| GROSS PROFIT | $12.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.2B |
| Other Expenses | $600M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $31.0B |
| OPERATING INCOME | $5.8B |
| Interest Income | $15M |
| Interest Expense | $341M |
| Other Income/Expenses | -$326M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $714M |
| EBIT | $5.8B |
| EBITDA | $6.5B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $4.1B |
| Depreciation & Amortization | $714M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$695M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$674M |
| Net Debt Issuance | $2.9B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | $501M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.1B |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $20.6B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $30.5B |
| PP&E (Net) | $30.8B |
| Goodwill | $7.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $42.6B |
| TOTAL ASSETS | $73.0B |
| Account Payables | $13.4B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26.9B |
| Long-Term Debt | $36.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $45.1B |
| TOTAL LIABILITIES | $72.0B |
| Common Stock | $90M |
| Additional Paid-In Capital | $11.9B |
| Retained Earnings | $66.0B |
| Treasury Stock | -$76.3B |
| Accum. Other Comp. Income | -$602M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $73.0B |
| Total Debt | $45.3B |
| Net Debt | $40.2B |
