| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.3B | $14.2B | $17.6B | -6.8% | -24.5% |
| Op. Income | $1.3B | $1.6B | $2.4B | -16.4% | -44.5% |
| Gross Margin | 53.6% | 55.2% | 48.0% | -1.6pp | 5.6pp |
| Net Margin | 8.5% | 9.3% | 9.7% | -0.8pp | -1.1pp |
| EPS (Diluted) | $1.25 | $1.47 | $1.89 | -15.0% | -33.9% |
| Free Cash Flow | $2.0B | $1.9B | $3.4B | 6.3% | -41.7% |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $342M |
| General & Administrative | $3.7B |
| SG&A Expenses | $4.0B |
| Other Expenses | $125M |
| Operating Expenses | $5.8B |
| Cost & Expenses | $11.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $14M |
| Interest Expense | $290M |
| Other Income/Expenses | -$523M |
| INCOME BEFORE TAX | $813M |
| Income Tax Expense | -$224M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $93M |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.7B |
| EBIT | $1.1B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $342M |
| General & Administrative | $3.7B |
| SG&A Expenses | $4.0B |
| Other Expenses | $125M |
| Operating Expenses | $5.8B |
| Cost & Expenses | $11.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $14M |
| Interest Expense | $290M |
| Other Income/Expenses | -$523M |
| INCOME BEFORE TAX | $813M |
| Income Tax Expense | -$224M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $93M |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.7B |
| EBIT | $1.1B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $262M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$356M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$734M |
| Acquisitions (Net) | -$101M |
| Purchases of Investments | -$765M |
| Sales/Maturities of Investments | $890M |
| Other Investing Activities | -$95M |
| NET CASH FROM INVESTING | -$629M |
| Net Debt Issuance | -$288M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $241M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $600M |
| Net Receivables | $15.2B |
| Inventory | $1.9B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $30.0B |
| PP&E (Net) | $13.4B |
| Goodwill | $61.4B |
| Intangible Assets | $13.0B |
| Long-Term Investments | $2.0B |
| Tax Assets | $9.0B |
| Other Non-Current Assets | $15.5B |
| TOTAL NON-CURRENT ASSETS | $114.2B |
| TOTAL ASSETS | $144.2B |
| Account Payables | $4.2B |
| Short-Term Debt | $7.6B |
| Deferred Revenue | $12.3B |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $35.8B |
| Long-Term Debt | $46.9B |
| Deferred Revenue NC | $4.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32.3B |
| TOTAL NON-CURRENT LIABILITIES | $86.0B |
| TOTAL LIABILITIES | $121.9B |
| Common Stock | $57.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $161.7B |
| Treasury Stock | -$169.4B |
| Accum. Other Comp. Income | -$27.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.2B |
| Minority Interest | $129M |
| TOTAL EQUITY | $22.4B |
| TOTAL LIABILITIES & EQUITY | $144.2B |
| Total Debt | $59.0B |
| Net Debt | $51.5B |
