| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.5B | $3.4B | -4.4% | -2.0% |
| Op. Income | $285M | $206M | $474M | 38.1% | -39.8% |
| Gross Margin | 34.1% | 37.6% | 39.7% | -3.4pp | -5.6pp |
| Net Margin | 9.3% | 10.4% | 12.6% | -1.1pp | -3.3pp |
| EPS (Diluted) | $0.25 | $0.29 | $0.34 | -12.3% | -25.9% |
| Free Cash Flow | $1.2B | $1.6B | $1.0B | -28.4% | 13.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $679M |
| Other Expenses | $186M |
| Operating Expenses | $865M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $285M |
| Interest Income | $410M |
| Interest Expense | $142M |
| Other Income/Expenses | $139M |
| INCOME BEFORE TAX | $424M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $316M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $482M |
| EBIT | $413M |
| EBITDA | $895M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $679M |
| Other Expenses | $186M |
| Operating Expenses | $865M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $285M |
| Interest Income | $410M |
| Interest Expense | $142M |
| Other Income/Expenses | $139M |
| INCOME BEFORE TAX | $424M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $316M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $482M |
| EBIT | $413M |
| EBITDA | $895M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $314M |
| Depreciation & Amortization | $482M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $512M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $629M |
| Other Investing Activities | -$321M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $693M |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | -$323M |
| Other Financing Activities | $319M |
| NET CASH FROM FINANCING | $626M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $282M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $0 |
| Net Receivables | $31.2B |
| Inventory | $812M |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $39.7B |
| PP&E (Net) | $4.8B |
| Goodwill | $2.7B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $17.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.9B |
| TOTAL NON-CURRENT ASSETS | $42.4B |
| TOTAL ASSETS | $82.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $27.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29.7B |
| TOTAL NON-CURRENT LIABILITIES | $56.9B |
| TOTAL LIABILITIES | $63.1B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $17.0B |
| Treasury Stock | -$710M |
| Accum. Other Comp. Income | -$769M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.4B |
| Minority Interest | $505M |
| TOTAL EQUITY | $18.9B |
| TOTAL LIABILITIES & EQUITY | $82.0B |
| Total Debt | $29.8B |
| Net Debt | $23.2B |
