| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | $1.8B | -1.2% | 17.3% |
| Op. Income | $782M | $713M | $617M | 9.7% | 26.9% |
| Gross Margin | 51.3% | 50.5% | 49.0% | 0.8pp | 2.4pp |
| Net Margin | 19.1% | 16.4% | 16.8% | 2.8pp | 2.4pp |
| EPS (Diluted) | $1.50 | $1.30 | $1.07 | 15.4% | 40.2% |
| Free Cash Flow | $1.0B | $482M | $1.1B | 109.4% | -10.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $39M |
| Operating Expenses | $316M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $782M |
| Interest Income | $0 |
| Interest Expense | $202M |
| Other Income/Expenses | -$229M |
| INCOME BEFORE TAX | $554M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $408M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $409M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $407M |
| D&A | $42M |
| EBIT | $755M |
| EBITDA | $798M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $39M |
| Operating Expenses | $316M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $782M |
| Interest Income | $0 |
| Interest Expense | $202M |
| Other Income/Expenses | -$229M |
| INCOME BEFORE TAX | $554M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $408M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $409M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $407M |
| D&A | $42M |
| EBIT | $755M |
| EBITDA | $798M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $408M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $587M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$69M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | -$84M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $737M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.5B |
| Short-Term Investments | $0 |
| Net Receivables | $8.8B |
| Inventory | $0 |
| Other Current Assets | $524M |
| TOTAL CURRENT ASSETS | $18.8B |
| PP&E (Net) | $915M |
| Goodwill | $1.7B |
| Intangible Assets | $157M |
| Long-Term Investments | $34.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $39.2B |
| TOTAL ASSETS | $58.0B |
| Account Payables | $11.5B |
| Short-Term Debt | $7.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19.4B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17.2B |
| TOTAL NON-CURRENT LIABILITIES | $28.2B |
| TOTAL LIABILITIES | $47.6B |
| Common Stock | $246M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $7.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$358M |
| Other Equity | -$125M |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $57M |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $58.0B |
| Total Debt | $18.9B |
| Net Debt | $9.4B |
