| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.3B | $23.3B | $21.1B | 0.1% | 10.7% |
| Op. Income | $6.9B | $6.4B | $5.9B | 8.0% | 15.6% |
| Gross Margin | 68.9% | 67.5% | 66.9% | 1.5pp | 2.0pp |
| Net Margin | 15.7% | 26.9% | 16.9% | -11.2pp | -1.1pp |
| EPS (Diluted) | $1.37 | $2.35 | $1.33 | -41.7% | 3.0% |
| Free Cash Flow | $7.5B | $4.5B | $7.6B | 67.6% | -1.3% |
| Item | Amount |
|---|---|
| REVENUE | $23.3B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $16.1B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $5.8B |
| SG&A Expenses | $5.8B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $16.5B |
| OPERATING INCOME | $6.9B |
| Interest Income | $13M |
| Interest Expense | $20M |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $182M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $1.8B |
| EBIT | $3.9B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23.3B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $16.1B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $5.8B |
| SG&A Expenses | $5.8B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $16.5B |
| OPERATING INCOME | $6.9B |
| Interest Income | $13M |
| Interest Expense | $20M |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $182M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $1.8B |
| EBIT | $3.9B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $259M |
| Deferred Income Tax | -$1.9B |
| Other Non-Cash Items | $930M |
| Change in Working Capital | $3.5B |
| OPERATING CASH FLOW | $8.3B |
| Capital Expenditure | -$747M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | -$6.6B |
| Sales/Maturities of Investments | $4.4B |
| Other Investing Activities | $251M |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | $654M |
| Common Stock Repurchased | -$391M |
| Common Dividends Paid | -$2.8B |
| Other Financing Activities | $321M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $7.5B |
| Net Change in Cash | $3.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.6B |
| Short-Term Investments | $13.4B |
| Net Receivables | $14.9B |
| Inventory | $10.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59.9B |
| PP&E (Net) | $18.5B |
| Goodwill | $35.6B |
| Intangible Assets | $47.8B |
| Long-Term Investments | $0 |
| Tax Assets | $10.6B |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $119.3B |
| TOTAL ASSETS | $179.2B |
| Account Payables | $9.0B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $44.6B |
| Long-Term Debt | $30.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.1B |
| Other Non-Current Liabilities | $27.1B |
| TOTAL NON-CURRENT LIABILITIES | $64.4B |
| TOTAL LIABILITIES | $109.0B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $121.1B |
| Treasury Stock | -$38.5B |
| Accum. Other Comp. Income | -$15.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.3B |
| TOTAL LIABILITIES & EQUITY | $179.2B |
| Total Debt | $33.9B |
| Net Debt | $16.3B |
