| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35.7B | $36.8B | $32.3B | -3.0% | 10.7% |
| Op. Income | $4.8B | $5.8B | $4.1B | -16.7% | 18.2% |
| Gross Margin | 33.2% | 34.1% | 33.6% | -0.9pp | -0.4pp |
| Net Margin | 9.4% | 11.2% | 8.9% | -1.8pp | 0.5pp |
| EPS (Diluted) | $3.21 | $3.92 | $2.65 | -18.1% | 21.1% |
| Free Cash Flow | $2.4B | $2.7B | $464M | -14.1% | 407.8% |
| Item | Amount |
|---|---|
| REVENUE | $35.7B |
| Cost of Revenue | $23.9B |
| GROSS PROFIT | $11.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $5.4B |
| SG&A Expenses | $6.4B |
| Other Expenses | $606M |
| Operating Expenses | $7.0B |
| Cost & Expenses | $30.9B |
| OPERATING INCOME | $4.8B |
| Interest Income | $18M |
| Interest Expense | $341M |
| Other Income/Expenses | -$323M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $734M |
| EBIT | $4.8B |
| EBITDA | $5.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $35.7B |
| Cost of Revenue | $23.9B |
| GROSS PROFIT | $11.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $5.4B |
| SG&A Expenses | $6.4B |
| Other Expenses | $606M |
| Operating Expenses | $7.0B |
| Cost & Expenses | $30.9B |
| OPERATING INCOME | $4.8B |
| Interest Income | $18M |
| Interest Expense | $341M |
| Other Income/Expenses | -$323M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $734M |
| EBIT | $4.8B |
| EBITDA | $5.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $734M |
| Stock-Based Compensation | $87M |
| Deferred Income Tax | -$203M |
| Other Non-Cash Items | $262M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | -$829M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$837M |
| Net Debt Issuance | $983M |
| Common Stock Repurchased | -$4.4B |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$5.0B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $3.4B |
| Inventory | $22.1B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $29.1B |
| PP&E (Net) | $31.2B |
| Goodwill | $7.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $344M |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $42.8B |
| TOTAL ASSETS | $71.9B |
| Account Payables | $13.5B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $3.6B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $28.7B |
| Long-Term Debt | $36.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $909M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $44.9B |
| TOTAL LIABILITIES | $73.6B |
| Common Stock | $90M |
| Additional Paid-In Capital | $12.1B |
| Retained Earnings | $67.6B |
| Treasury Stock | -$80.8B |
| Accum. Other Comp. Income | -$704M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.7B |
| TOTAL LIABILITIES & EQUITY | $71.9B |
| Total Debt | $46.3B |
| Net Debt | $43.9B |
