| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $7.4B | $5.9B | -8.5% | 16.1% |
| Op. Income | $1.8B | $2.4B | $1.7B | -26.5% | 0.3% |
| Gross Margin | 72.4% | 76.9% | 79.3% | -4.5pp | -6.9pp |
| Net Margin | 19.9% | 28.5% | 24.9% | -8.5pp | -4.9pp |
| EPS (Diluted) | $1.41 | $2.21 | $1.52 | -36.2% | -7.2% |
| Free Cash Flow | $1.2B | $996M | $124M | 21.1% | 871.2% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $1.8B |
| Interest Income | $6M |
| Interest Expense | $88M |
| Other Income/Expenses | -$276M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $350M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $1.8B |
| Interest Income | $6M |
| Interest Expense | $88M |
| Other Income/Expenses | -$276M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $350M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $350M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | -$119M |
| Other Non-Cash Items | $128M |
| Change in Working Capital | -$103M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$492M |
| Acquisitions (Net) | -$747M |
| Purchases of Investments | -$311M |
| Sales/Maturities of Investments | $289M |
| Other Investing Activities | -$214M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$775M |
| Other Financing Activities | -$280M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$655M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $49M |
| Net Receivables | $6.7B |
| Inventory | $3.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.6B |
| PP&E (Net) | $8.6B |
| Goodwill | $3.9B |
| Intangible Assets | $8.1B |
| Long-Term Investments | $3.2B |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $3.8B |
| TOTAL NON-CURRENT ASSETS | $30.2B |
| TOTAL ASSETS | $46.8B |
| Account Payables | $1.6B |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.6B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $16.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $9.6B |
| TOTAL NON-CURRENT LIABILITIES | $28.0B |
| TOTAL LIABILITIES | $39.7B |
| Common Stock | $600M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $9.2B |
| Treasury Stock | -$53M |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $201M |
| TOTAL EQUITY | $7.1B |
| TOTAL LIABILITIES & EQUITY | $46.8B |
| Total Debt | $16.2B |
| Net Debt | $13.2B |
