| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | $6.8B | $5.5B | -1.0% | 22.6% |
| Op. Income | $1.5B | $1.8B | $1.5B | -13.4% | 2.9% |
| Gross Margin | 71.0% | 72.4% | 77.8% | -1.4pp | -6.8pp |
| Net Margin | 20.6% | 19.9% | 25.7% | 0.7pp | -5.0pp |
| EPS (Diluted) | $1.53 | $1.41 | $1.48 | 8.5% | 3.4% |
| Free Cash Flow | $1.2B | $1.2B | $2.0B | 3.2% | -36.9% |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $1.5B |
| Interest Income | $5M |
| Interest Expense | $87M |
| Other Income/Expenses | $77M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $204M |
| 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 | $369M |
| EBIT | $1.7B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $1.5B |
| Interest Income | $5M |
| Interest Expense | $87M |
| Other Income/Expenses | $77M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $204M |
| 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 | $369M |
| EBIT | $1.7B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $369M |
| Stock-Based Compensation | $92M |
| Deferred Income Tax | -$295M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $221M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$531M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$219M |
| Sales/Maturities of Investments | $194M |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$483M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$768M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $218M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $51M |
| Net Receivables | $6.9B |
| Inventory | $3.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.3B |
| PP&E (Net) | $8.9B |
| Goodwill | $3.9B |
| Intangible Assets | $8.0B |
| Long-Term Investments | $3.5B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $30.5B |
| TOTAL ASSETS | $47.8B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.4B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $14.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $9.5B |
| TOTAL NON-CURRENT LIABILITIES | $26.1B |
| TOTAL LIABILITIES | $41.1B |
| Common Stock | $598M |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | $8.5B |
| Treasury Stock | -$53M |
| Accum. Other Comp. Income | -$6.3B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $219M |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $47.8B |
| Total Debt | $16.5B |
| Net Debt | $13.3B |
