| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.4B | — | 5.5% | — |
| Op. Income | $1.2B | $1.1B | — | 7.0% | — |
| Gross Margin | 78.1% | 77.2% | — | 0.9pp | — |
| Net Margin | 24.4% | 23.8% | — | 0.5pp | — |
| EPS (Diluted) | $2.17 | $2.01 | — | 7.7% | — |
| Free Cash Flow | $935M | -$492M | — | 290.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $789M |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $955M |
| SG&A Expenses | $988M |
| Other Expenses | $618M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.2B |
| Interest Income | $2.6B |
| Interest Expense | $655M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $322M |
| Net Income from Continuing Ops | $882M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $876M |
| Net Income Deductions | -$399.4K |
| BOTTOM LINE NET INCOME | $863M |
| D&A | $170M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $789M |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $955M |
| SG&A Expenses | $988M |
| Other Expenses | $618M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.2B |
| Interest Income | $2.6B |
| Interest Expense | $655M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $322M |
| Net Income from Continuing Ops | $882M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $876M |
| Net Income Deductions | -$399.4K |
| BOTTOM LINE NET INCOME | $863M |
| D&A | $170M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $882M |
| Depreciation & Amortization | $170M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $648M |
| Change in Working Capital | -$714M |
| OPERATING CASH FLOW | $997M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$8.3B |
| Sales/Maturities of Investments | $6.4B |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$211M |
| Other Financing Activities | $166M |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $935M |
| Net Change in Cash | $830M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.8B |
| Short-Term Investments | $43.7B |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $62.5B |
| PP&E (Net) | $3.6B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $344.1B |
| Tax Assets | $74M |
| Other Non-Current Assets | $26.7B |
| TOTAL NON-CURRENT ASSETS | $376.6B |
| TOTAL ASSETS | $439.1B |
| Account Payables | $0 |
| Short-Term Debt | $8.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $244.1B |
| TOTAL CURRENT LIABILITIES | $252.5B |
| Long-Term Debt | $67.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $85.5B |
| TOTAL NON-CURRENT LIABILITIES | $154.4B |
| TOTAL LIABILITIES | $406.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.4B |
| Retained Earnings | $16.9B |
| Treasury Stock | -$767M |
| Accum. Other Comp. Income | $979M |
| Other Equity | $1.7B |
| TOTAL STOCKHOLDERS' EQUITY | $31.7B |
| Minority Interest | $469M |
| TOTAL EQUITY | $32.2B |
| TOTAL LIABILITIES & EQUITY | $439.1B |
| Total Debt | $76.3B |
| Net Debt | $57.5B |
