| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.7B | $13.3B | $20.4B | 26.0% | -18.0% |
| Op. Income | $3.0B | $1.3B | $4.0B | 122.6% | -25.6% |
| Gross Margin | 56.9% | 53.6% | 51.7% | 3.3pp | 5.2pp |
| Net Margin | 14.0% | 8.5% | 6.7% | 5.4pp | 7.3pp |
| EPS (Diluted) | $2.57 | $1.25 | $1.51 | 105.6% | 70.2% |
| Free Cash Flow | $1.9B | $2.0B | $5.0B | -1.8% | -61.4% |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $7.2B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $1.6B |
| General & Administrative | $4.3B |
| SG&A Expenses | $5.9B |
| Other Expenses | -$966M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $13.7B |
| OPERATING INCOME | $3.0B |
| Interest Income | $13M |
| Interest Expense | $304M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $406M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | -$130M |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.4B |
| EBIT | $3.2B |
| EBITDA | $4.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $7.2B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $1.6B |
| General & Administrative | $4.3B |
| SG&A Expenses | $5.9B |
| Other Expenses | -$966M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $13.7B |
| OPERATING INCOME | $3.0B |
| Interest Income | $13M |
| Interest Expense | $304M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $406M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | -$130M |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.4B |
| EBIT | $3.2B |
| EBITDA | $4.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $263M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.2B |
| Change in Working Capital | $724M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$601M |
| Acquisitions (Net) | -$187M |
| Purchases of Investments | -$907M |
| Sales/Maturities of Investments | $945M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$675M |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $877M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | -$849M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.7B |
| Short-Term Investments | $600M |
| Net Receivables | $7.2B |
| Inventory | $1.6B |
| Other Current Assets | $11.6B |
| TOTAL CURRENT ASSETS | $29.5B |
| PP&E (Net) | $8.9B |
| Goodwill | $55.6B |
| Intangible Assets | $12.5B |
| Long-Term Investments | $1.8B |
| Tax Assets | $7.4B |
| Other Non-Current Assets | $16.2B |
| TOTAL NON-CURRENT ASSETS | $102.5B |
| TOTAL ASSETS | $132.0B |
| Account Payables | $4.0B |
| Short-Term Debt | $6.8B |
| Deferred Revenue | $12.5B |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $33.6B |
| Long-Term Debt | $44.9B |
| Deferred Revenue NC | $3.6B |
| Deferred Tax Liabilities | $4.0B |
| Other Non-Current Liabilities | $24.5B |
| TOTAL NON-CURRENT LIABILITIES | $79.4B |
| TOTAL LIABILITIES | $113.0B |
| Common Stock | $57.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $154.2B |
| Treasury Stock | -$169.4B |
| Accum. Other Comp. Income | -$23.2B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $18.9B |
| Minority Interest | $95M |
| TOTAL EQUITY | $19.0B |
| TOTAL LIABILITIES & EQUITY | $132.0B |
| Total Debt | $55.1B |
| Net Debt | $48.5B |
