| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.6B | $3.5B | 7.9% | 11.5% |
| Op. Income | $408M | $463M | $207M | -11.9% | 97.6% |
| Gross Margin | 32.4% | 37.2% | 37.6% | -4.8pp | -5.2pp |
| Net Margin | 8.0% | 8.3% | 10.4% | -0.3pp | -2.3pp |
| EPS (Diluted) | $0.26 | $0.24 | $0.29 | 4.6% | -10.7% |
| Free Cash Flow | $2.0B | $1.4B | $1.6B | 41.8% | 21.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $764M |
| Other Expenses | $102M |
| Operating Expenses | $866M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $408M |
| Interest Income | $439M |
| Interest Expense | $108M |
| Other Income/Expenses | $81M |
| INCOME BEFORE TAX | $489M |
| Income Tax Expense | $166M |
| Net Income from Continuing Ops | $323M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $316M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $316M |
| D&A | $503M |
| EBIT | $532M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $764M |
| Other Expenses | $102M |
| Operating Expenses | $866M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $408M |
| Interest Income | $439M |
| Interest Expense | $108M |
| Other Income/Expenses | $81M |
| INCOME BEFORE TAX | $489M |
| Income Tax Expense | $166M |
| Net Income from Continuing Ops | $323M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $316M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $316M |
| D&A | $503M |
| EBIT | $532M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $316M |
| Depreciation & Amortization | $503M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $809M |
| Change in Working Capital | $366M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $303M |
| Purchases of Investments | -$3.3B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$120M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | -$186M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$176M |
| NET CASH FROM FINANCING | -$396M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$335M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0B |
| Short-Term Investments | $26M |
| Net Receivables | $31.4B |
| Inventory | $892M |
| Other Current Assets | $975M |
| TOTAL CURRENT ASSETS | $39.3B |
| PP&E (Net) | $5.3B |
| Goodwill | $3.1B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $20.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.6B |
| TOTAL NON-CURRENT ASSETS | $45.8B |
| TOTAL ASSETS | $85.1B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $435M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $27.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.9B |
| TOTAL NON-CURRENT LIABILITIES | $61.5B |
| TOTAL LIABILITIES | $65.6B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $17.2B |
| Treasury Stock | -$702M |
| Accum. Other Comp. Income | -$531M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.0B |
| Minority Interest | $468M |
| TOTAL EQUITY | $19.5B |
| TOTAL LIABILITIES & EQUITY | $85.1B |
| Total Debt | $31.6B |
| Net Debt | $25.6B |
