| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.4B | $17.6B | $21.8B | 16.0% | -6.5% |
| Op. Income | $4.0B | $2.4B | $4.3B | 66.0% | -6.3% |
| Gross Margin | 51.7% | 48.0% | 51.0% | 3.7pp | 0.7pp |
| Net Margin | 6.7% | 9.7% | 16.9% | -3.0pp | -10.2pp |
| EPS (Diluted) | $1.51 | $1.89 | $4.11 | -20.1% | -63.3% |
| Free Cash Flow | $5.0B | $3.4B | $2.7B | 48.6% | 85.1% |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $10.5B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $390M |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.9B |
| Other Expenses | -$17M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $16.4B |
| OPERATING INCOME | $4.0B |
| Interest Income | $15M |
| Interest Expense | $317M |
| Other Income/Expenses | -$2.7B |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $91M |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $1.7B |
| EBIT | $1.6B |
| EBITDA | $3.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $10.5B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $390M |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.9B |
| Other Expenses | -$17M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $16.4B |
| OPERATING INCOME | $4.0B |
| Interest Income | $15M |
| Interest Expense | $317M |
| Other Income/Expenses | -$2.7B |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $91M |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $1.7B |
| EBIT | $1.6B |
| EBITDA | $3.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $279M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3.4B |
| Change in Working Capital | $5.9B |
| OPERATING CASH FLOW | $5.9B |
| Capital Expenditure | -$821M |
| Acquisitions (Net) | -$306M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $344M |
| NET CASH FROM INVESTING | -$558M |
| Net Debt Issuance | -$4.8B |
| Common Stock Repurchased | -$77M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$6.3B |
| FREE CASH FLOW | $5.0B |
| Net Change in Cash | -$878M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.2B |
| Short-Term Investments | $600M |
| Net Receivables | $6.2B |
| Inventory | $1.8B |
| Other Current Assets | $15.7B |
| TOTAL CURRENT ASSETS | $39.2B |
| PP&E (Net) | $9.8B |
| Goodwill | $53.8B |
| Intangible Assets | $13.8B |
| Long-Term Investments | $216M |
| Tax Assets | $8.4B |
| Other Non-Current Assets | $30.9B |
| TOTAL NON-CURRENT ASSETS | $116.8B |
| TOTAL ASSETS | $156.0B |
| Account Payables | $4.0B |
| Short-Term Debt | $7.1B |
| Deferred Revenue | $12.0B |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $39.9B |
| Long-Term Debt | $54.2B |
| Deferred Revenue NC | $3.8B |
| Deferred Tax Liabilities | $5.0B |
| Other Non-Current Liabilities | $29.7B |
| TOTAL NON-CURRENT LIABILITIES | $95.4B |
| TOTAL LIABILITIES | $135.2B |
| Common Stock | $56.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $162.7B |
| Treasury Stock | -$169.3B |
| Accum. Other Comp. Income | -$29.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.6B |
| Minority Interest | $129M |
| TOTAL EQUITY | $20.7B |
| TOTAL LIABILITIES & EQUITY | $156.0B |
| Total Debt | $65.1B |
| Net Debt | $51.9B |
