| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.5B | $21.1B | $20.7B | 6.6% | 8.3% |
| Op. Income | $4.2B | $5.9B | $4.3B | -29.8% | -3.9% |
| Gross Margin | 65.2% | 66.9% | 65.6% | -1.7pp | -0.4pp |
| Net Margin | 7.7% | 16.9% | 19.3% | -9.1pp | -11.6pp |
| EPS (Diluted) | $0.65 | $1.33 | $1.50 | -51.1% | -56.7% |
| Free Cash Flow | $7.0B | $7.6B | $5.1B | -8.2% | 36.6% |
| Item | Amount |
|---|---|
| REVENUE | $22.5B |
| Cost of Revenue | $7.8B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $0 |
| General & Administrative | $6.5B |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $10.5B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $4.2B |
| Interest Income | $13M |
| Interest Expense | $87M |
| Other Income/Expenses | -$2.5B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | -$91M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.9B |
| EBIT | $1.7B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22.5B |
| Cost of Revenue | $7.8B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $0 |
| General & Administrative | $6.5B |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $10.5B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $4.2B |
| Interest Income | $13M |
| Interest Expense | $87M |
| Other Income/Expenses | -$2.5B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | -$91M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.9B |
| EBIT | $1.7B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $160M |
| Deferred Income Tax | -$903M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | $5.4B |
| OPERATING CASH FLOW | $8.3B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | -$6.4B |
| Purchases of Investments | -$4.8B |
| Sales/Maturities of Investments | $5.4B |
| Other Investing Activities | -$787M |
| NET CASH FROM INVESTING | -$7.9B |
| Net Debt Issuance | -$2.8B |
| Common Stock Repurchased | -$321M |
| Common Dividends Paid | -$2.7B |
| Other Financing Activities | $134M |
| NET CASH FROM FINANCING | -$5.6B |
| FREE CASH FLOW | $7.0B |
| Net Change in Cash | -$5.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.0B |
| Short-Term Investments | $11.2B |
| Net Receivables | $13.6B |
| Inventory | $9.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51.2B |
| PP&E (Net) | $18.8B |
| Goodwill | $36.4B |
| Intangible Assets | $53.4B |
| Long-Term Investments | $0 |
| Tax Assets | $8.5B |
| Other Non-Current Assets | $6.6B |
| TOTAL NON-CURRENT ASSETS | $123.7B |
| TOTAL ASSETS | $174.9B |
| Account Payables | $9.5B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $42.5B |
| Long-Term Debt | $32.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.2B |
| Other Non-Current Liabilities | $29.3B |
| TOTAL NON-CURRENT LIABILITIES | $69.1B |
| TOTAL LIABILITIES | $111.6B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $113.9B |
| Treasury Stock | -$38.5B |
| Accum. Other Comp. Income | -$15.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $63.3B |
| TOTAL LIABILITIES & EQUITY | $174.9B |
| Total Debt | $35.3B |
| Net Debt | $21.3B |
