| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.4B | $3.6B | 6.2% | -0.2% |
| Op. Income | $463M | $466M | $470M | -0.6% | -1.5% |
| Gross Margin | 37.2% | 38.3% | 38.0% | -1.0pp | -0.8pp |
| Net Margin | 8.3% | 8.0% | 14.6% | 0.3pp | -6.3pp |
| EPS (Diluted) | $0.24 | $0.22 | $0.42 | 11.0% | -41.5% |
| Free Cash Flow | $1.4B | $2.0B | $1.1B | -32.1% | 24.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $729M |
| Other Expenses | $164M |
| Operating Expenses | $893M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $463M |
| Interest Income | $434M |
| Interest Expense | $117M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $472M |
| Income Tax Expense | $160M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302M |
| D&A | $506M |
| EBIT | $567M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $729M |
| Other Expenses | $164M |
| Operating Expenses | $893M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $463M |
| Interest Income | $434M |
| Interest Expense | $117M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $472M |
| Income Tax Expense | $160M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302M |
| D&A | $506M |
| EBIT | $567M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $302M |
| Depreciation & Amortization | $506M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $571M |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | -$345M |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $608M |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | $499M |
| Common Stock Repurchased | -$244M |
| Common Dividends Paid | -$274M |
| Other Financing Activities | $110M |
| NET CASH FROM FINANCING | $91M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $0 |
| Net Receivables | $31.1B |
| Inventory | $923M |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $39.3B |
| PP&E (Net) | $5.0B |
| Goodwill | $3.1B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $19.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.1B |
| TOTAL NON-CURRENT ASSETS | $44.2B |
| TOTAL ASSETS | $83.5B |
| Account Payables | $1.3B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $27.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.1B |
| TOTAL NON-CURRENT LIABILITIES | $58.3B |
| TOTAL LIABILITIES | $64.7B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $17.3B |
| Treasury Stock | -$959M |
| Accum. Other Comp. Income | -$821M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.4B |
| Minority Interest | $401M |
| TOTAL EQUITY | $18.8B |
| TOTAL LIABILITIES & EQUITY | $83.5B |
| Total Debt | $29.7B |
| Net Debt | $23.5B |
