| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.2B | $19.6B | $18.3B | -2.2% | 4.7% |
| Op. Income | $5.3B | $5.9B | $5.1B | -10.6% | 4.2% |
| Gross Margin | 56.0% | 57.1% | 53.1% | -1.1pp | 2.9pp |
| Net Margin | 35.6% | 25.8% | 23.3% | 9.8pp | 12.2pp |
| EPS (Diluted) | $1.67 | $1.24 | $1.02 | 34.7% | 63.7% |
| Free Cash Flow | $5.5B | $4.9B | $4.5B | 11.9% | 22.3% |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $10.7B |
| R&D Expenses | $3.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $42M |
| Operating Expenses | $5.5B |
| Cost & Expenses | $13.9B |
| OPERATING INCOME | $5.3B |
| Interest Income | $37M |
| Interest Expense | $144M |
| Other Income/Expenses | $1.6B |
| INCOME BEFORE TAX | $6.9B |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $6.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.8B |
| D&A | $3.0B |
| EBIT | $7.0B |
| EBITDA | $10.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $10.7B |
| R&D Expenses | $3.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $42M |
| Operating Expenses | $5.5B |
| Cost & Expenses | $13.9B |
| OPERATING INCOME | $5.3B |
| Interest Income | $37M |
| Interest Expense | $144M |
| Other Income/Expenses | $1.6B |
| INCOME BEFORE TAX | $6.9B |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $6.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.8B |
| D&A | $3.0B |
| EBIT | $7.0B |
| EBITDA | $10.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $6.8B |
| Depreciation & Amortization | $3.0B |
| Stock-Based Compensation | $543M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$516M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $9.9B |
| Capital Expenditure | -$4.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13.7B |
| Sales/Maturities of Investments | $7.2B |
| Other Investing Activities | $240M |
| NET CASH FROM INVESTING | -$10.7B |
| Net Debt Issuance | $5.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | $3.9B |
| FREE CASH FLOW | $5.5B |
| Net Change in Cash | $3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.9B |
| Short-Term Investments | $26.8B |
| Net Receivables | $8.4B |
| Inventory | $9.8B |
| Other Current Assets | $8.5B |
| TOTAL CURRENT ASSETS | $61.3B |
| PP&E (Net) | $59.7B |
| Goodwill | $26.8B |
| Intangible Assets | $7.7B |
| Long-Term Investments | $7.0B |
| Tax Assets | $3.0B |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $106.7B |
| TOTAL ASSETS | $168.0B |
| Account Payables | $6.8B |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.1B |
| TOTAL CURRENT LIABILITIES | $29.6B |
| Long-Term Debt | $35.6B |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $9.6B |
| TOTAL NON-CURRENT LIABILITIES | $48.3B |
| TOTAL LIABILITIES | $77.9B |
| Common Stock | $27.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $63.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $90.1B |
| TOTAL LIABILITIES & EQUITY | $168.0B |
| Total Debt | $40.3B |
| Net Debt | $32.4B |
