| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | — | $3.0B | — | 16.1% |
| Op. Income | $537M | — | $506M | — | 6.1% |
| Gross Margin | 72.8% | — | 65.8% | — | 7.0pp |
| Net Margin | 11.2% | — | 12.1% | — | -0.9pp |
| EPS (Diluted) | $1.00 | — | $0.93 | — | 8.0% |
| Free Cash Flow | -$1.9B | — | -$458M | — | -316.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $942M |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $60M |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $760M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $537M |
| Interest Income | $2.5B |
| Interest Expense | $747M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $537M |
| Income Tax Expense | $147M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $390M |
| Net Income Deductions | -$9M |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $191M |
| EBIT | $537M |
| EBITDA | $727M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $942M |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $60M |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $760M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $537M |
| Interest Income | $2.5B |
| Interest Expense | $747M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $537M |
| Income Tax Expense | $147M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $390M |
| Net Income Deductions | -$9M |
| BOTTOM LINE NET INCOME | $398M |
| D&A | $191M |
| EBIT | $537M |
| EBITDA | $727M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $389M |
| Depreciation & Amortization | $191M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $614M |
| Change in Working Capital | -$3.0B |
| OPERATING CASH FLOW | -$1.8B |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $104M |
| Purchases of Investments | -$12.5B |
| Sales/Maturities of Investments | $11.3B |
| Other Investing Activities | $338M |
| NET CASH FROM INVESTING | -$875M |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$539M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $817M |
| NET CASH FROM FINANCING | $2.8B |
| FREE CASH FLOW | -$1.9B |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.0B |
| Short-Term Investments | $41.7B |
| Net Receivables | $8.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $68.4B |
| PP&E (Net) | $3.7B |
| Goodwill | $515M |
| Intangible Assets | $1.7B |
| Long-Term Investments | $325.6B |
| Tax Assets | $44M |
| Other Non-Current Assets | $12.4B |
| TOTAL NON-CURRENT ASSETS | $343.9B |
| TOTAL ASSETS | $412.2B |
| Account Payables | $21M |
| Short-Term Debt | $11.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $230.7B |
| TOTAL CURRENT LIABILITIES | $244.1B |
| Long-Term Debt | $60.6B |
| Deferred Revenue NC | $628M |
| Deferred Tax Liabilities | $795M |
| Other Non-Current Liabilities | $76.4B |
| TOTAL NON-CURRENT LIABILITIES | $138.8B |
| TOTAL LIABILITIES | $382.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.3B |
| Retained Earnings | $15.2B |
| Treasury Stock | -$767M |
| Accum. Other Comp. Income | $425M |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $28.7B |
| Minority Interest | $579M |
| TOTAL EQUITY | $29.3B |
| TOTAL LIABILITIES & EQUITY | $412.2B |
| Total Debt | $72.0B |
| Net Debt | $54.0B |
