| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.5B | $8.9B | $8.5B | -5.0% | -0.1% |
| Op. Income | $1.5B | $1.7B | $1.7B | -10.0% | -10.8% |
| Gross Margin | 32.5% | 32.9% | 34.6% | -0.4pp | -2.1pp |
| Net Margin | 16.9% | 15.3% | 18.7% | 1.6pp | -1.8pp |
| EPS (Diluted) | $2.03 | $1.91 | $2.21 | 6.3% | -8.1% |
| Free Cash Flow | $757M | $2.5B | $800M | -69.6% | -5.4% |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $19M |
| Interest Expense | $90M |
| Other Income/Expenses | $352M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $413M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $341M |
| EBIT | $2.0B |
| EBITDA | $2.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $19M |
| Interest Expense | $90M |
| Other Income/Expenses | $352M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $413M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $341M |
| EBIT | $2.0B |
| EBITDA | $2.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $341M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | $63M |
| Other Non-Cash Items | -$547M |
| Change in Working Capital | -$383M |
| OPERATING CASH FLOW | $978M |
| Capital Expenditure | -$221M |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | -$736M |
| Sales/Maturities of Investments | $752M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$792M |
| Common Stock Repurchased | -$822M |
| Common Dividends Paid | -$640M |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $757M |
| Net Change in Cash | -$2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.7B |
| Short-Term Investments | $942M |
| Net Receivables | $6.7B |
| Inventory | $4.6B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $25.6B |
| PP&E (Net) | $5.5B |
| Goodwill | $17.0B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $746M |
| Tax Assets | $762M |
| Other Non-Current Assets | $10.1B |
| TOTAL NON-CURRENT ASSETS | $38.0B |
| TOTAL ASSETS | $63.6B |
| Account Payables | $5.8B |
| Short-Term Debt | $5.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17.9B |
| Long-Term Debt | $16.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $8.9B |
| TOTAL NON-CURRENT LIABILITIES | $27.4B |
| TOTAL LIABILITIES | $45.3B |
| Common Stock | $958M |
| Additional Paid-In Capital | $7.5B |
| Retained Earnings | $40.7B |
| Treasury Stock | -$28.0B |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.0B |
| Minority Interest | $273M |
| TOTAL EQUITY | $18.3B |
| TOTAL LIABILITIES & EQUITY | $63.6B |
| Total Debt | $21.3B |
| Net Debt | $9.6B |
