| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.9B | $7.8B | $9.5B | 14.1% | -6.3% |
| Op. Income | $1.7B | $1.3B | $1.7B | 27.8% | -1.1% |
| Gross Margin | 32.9% | 31.0% | 33.4% | 1.9pp | -0.5pp |
| Net Margin | 15.3% | 9.7% | 16.4% | 5.5pp | -1.2pp |
| EPS (Diluted) | $1.91 | $1.07 | $2.16 | 78.5% | -11.6% |
| Free Cash Flow | $2.5B | $758M | $2.3B | 228.6% | 9.3% |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $2.9B |
| 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 | $7.2B |
| OPERATING INCOME | $1.7B |
| Interest Income | $21M |
| Interest Expense | $95M |
| Other Income/Expenses | $34M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $331M |
| 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 | $254M |
| EBIT | $1.8B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $2.9B |
| 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 | $7.2B |
| OPERATING INCOME | $1.7B |
| Interest Income | $21M |
| Interest Expense | $95M |
| Other Income/Expenses | $34M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $331M |
| 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 | $254M |
| EBIT | $1.8B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $254M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | $114M |
| Other Non-Cash Items | -$74M |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$291M |
| Acquisitions (Net) | -$261M |
| Purchases of Investments | -$939M |
| Sales/Maturities of Investments | $874M |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | -$577M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$671M |
| Other Financing Activities | $225M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | $239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.3B |
| Short-Term Investments | $945M |
| Net Receivables | $6.8B |
| Inventory | $4.5B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $28.2B |
| PP&E (Net) | $5.6B |
| Goodwill | $16.1B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $685M |
| Tax Assets | $760M |
| Other Non-Current Assets | $9.8B |
| TOTAL NON-CURRENT ASSETS | $36.4B |
| TOTAL ASSETS | $64.6B |
| Account Payables | $5.8B |
| Short-Term Debt | $6.0B |
| Deferred Revenue | $2.9B |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $19.2B |
| Long-Term Debt | $16.3B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $7.1B |
| TOTAL NON-CURRENT LIABILITIES | $27.6B |
| TOTAL LIABILITIES | $46.8B |
| Common Stock | $958M |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | $39.9B |
| Treasury Stock | -$27.2B |
| Accum. Other Comp. Income | -$3.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.5B |
| Minority Interest | $248M |
| TOTAL EQUITY | $17.8B |
| TOTAL LIABILITIES & EQUITY | $64.6B |
| Total Debt | $23.2B |
| Net Debt | $8.9B |
