| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | $5.7B | $6.1B | 29.6% | 21.7% |
| Op. Income | $2.4B | $1.5B | $1.6B | 59.7% | 48.7% |
| Gross Margin | 76.9% | 76.9% | 79.0% | -0.0pp | -2.1pp |
| Net Margin | 28.5% | 21.1% | 24.5% | 7.4pp | 4.0pp |
| EPS (Diluted) | $2.21 | $1.26 | $1.56 | 75.4% | 41.7% |
| Free Cash Flow | $996M | $1.4B | $1.6B | -28.4% | -39.2% |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $6M |
| Interest Expense | $89M |
| Other Income/Expenses | $84M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $352M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $368M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.3B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $6M |
| Interest Expense | $89M |
| Other Income/Expenses | $84M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $352M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $368M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $368M |
| Stock-Based Compensation | $88M |
| Deferred Income Tax | -$201M |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | -$515M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$820M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $194M |
| Other Investing Activities | -$278M |
| NET CASH FROM INVESTING | -$674M |
| Net Debt Issuance | -$580M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$670M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $996M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $24M |
| Net Receivables | $6.9B |
| Inventory | $4.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.5B |
| PP&E (Net) | $8.7B |
| Goodwill | $3.8B |
| Intangible Assets | $7.5B |
| Long-Term Investments | $3.0B |
| Tax Assets | $2.8B |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $29.2B |
| TOTAL ASSETS | $46.6B |
| Account Payables | $1.6B |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.3B |
| TOTAL CURRENT LIABILITIES | $12.5B |
| Long-Term Debt | $16.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $9.6B |
| TOTAL NON-CURRENT LIABILITIES | $28.3B |
| TOTAL LIABILITIES | $40.8B |
| Common Stock | $598M |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $7.8B |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$6.5B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $184M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $46.6B |
| Total Debt | $16.6B |
| Net Debt | $12.9B |
