| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.3B | $14.1B | $11.5B | 8.5% | 33.1% |
| Op. Income | $946M | $1.0B | $812M | -6.5% | 16.6% |
| Gross Margin | 15.3% | 16.8% | 16.1% | -1.6pp | -0.9pp |
| Net Margin | 5.3% | 4.5% | 4.3% | 0.8pp | 1.0pp |
| EPS (Diluted) | $0.31 | $0.24 | $0.18 | 30.8% | 68.1% |
| Free Cash Flow | $757M | $1.0B | $644M | -27.6% | 17.6% |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $814M |
| General & Administrative | $567M |
| SG&A Expenses | $1.4B |
| Other Expenses | $13M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $946M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | $234M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $370M |
| Net Income from Continuing Ops | $811M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $810M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $810M |
| D&A | $137M |
| EBIT | $965M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $814M |
| General & Administrative | $567M |
| SG&A Expenses | $1.4B |
| Other Expenses | $13M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $946M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | $234M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $370M |
| Net Income from Continuing Ops | $811M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $810M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $810M |
| D&A | $137M |
| EBIT | $965M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $810M |
| Depreciation & Amortization | $427M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $345M |
| Change in Working Capital | -$358M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$468M |
| Acquisitions (Net) | -$165M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$605M |
| Net Debt Issuance | -$679M |
| Common Stock Repurchased | -$208M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$929M |
| FREE CASH FLOW | $757M |
| Net Change in Cash | -$535M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $4.6B |
| Other Current Assets | $837M |
| TOTAL CURRENT ASSETS | $12.2B |
| PP&E (Net) | $11.0B |
| Goodwill | $5.8B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $34M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $20.8B |
| TOTAL ASSETS | $33.0B |
| Account Payables | $4.5B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $872M |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $12.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $16.0B |
| TOTAL LIABILITIES | $24.2B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | $1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $690M |
| TOTAL EQUITY | $8.8B |
| TOTAL LIABILITIES & EQUITY | $33.0B |
| Total Debt | $14.9B |
| Net Debt | $11.0B |
