| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.8B | $8.0B | $6.8B | -2.4% | 14.8% |
| Op. Income | $2.7B | $2.5B | $1.8B | 7.8% | 52.0% |
| Gross Margin | 73.5% | 74.4% | 72.4% | -0.9pp | 1.1pp |
| Net Margin | 24.4% | 21.6% | 19.9% | 2.8pp | 4.5pp |
| EPS (Diluted) | $2.00 | $1.81 | $1.41 | 10.5% | 41.8% |
| Free Cash Flow | $1.6B | $1.8B | $1.2B | -6.8% | 36.2% |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.7B |
| Interest Income | $7M |
| Interest Expense | $85M |
| Other Income/Expenses | -$610M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $436M |
| EBIT | $2.1B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.7B |
| Interest Income | $7M |
| Interest Expense | $85M |
| Other Income/Expenses | -$610M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $436M |
| EBIT | $2.1B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $436M |
| Stock-Based Compensation | $101M |
| Deferred Income Tax | -$507M |
| Other Non-Cash Items | $624M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$881M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$131M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | -$649M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$210M |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$886M |
| Other Financing Activities | -$282M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $109M |
| Net Receivables | $7.8B |
| Inventory | $3.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.0B |
| PP&E (Net) | $9.1B |
| Goodwill | $3.9B |
| Intangible Assets | $7.5B |
| Long-Term Investments | $2.7B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $30.0B |
| TOTAL ASSETS | $46.9B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.3B |
| TOTAL CURRENT LIABILITIES | $13.4B |
| Long-Term Debt | $15.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $7.6B |
| TOTAL NON-CURRENT LIABILITIES | $24.1B |
| TOTAL LIABILITIES | $37.5B |
| Common Stock | $594M |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | $9.4B |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$4.2B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $131M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $46.9B |
| Total Debt | $16.5B |
| Net Debt | $14.0B |
