| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0B | $6.8B | $7.4B | 18.1% | 7.5% |
| Op. Income | $2.5B | $2.1B | $2.4B | 15.9% | 3.6% |
| Gross Margin | 74.4% | 78.9% | 76.9% | -4.5pp | -2.5pp |
| Net Margin | 21.6% | 16.4% | 28.5% | 5.2pp | -6.9pp |
| EPS (Diluted) | $1.81 | $1.16 | $2.21 | 56.0% | -18.1% |
| Free Cash Flow | $1.8B | $1.2B | $996M | 49.9% | 77.0% |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $5.9B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $7M |
| Interest Expense | $81M |
| Other Income/Expenses | -$631M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $446M |
| EBIT | $1.9B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $5.9B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $7M |
| Interest Expense | $81M |
| Other Income/Expenses | -$631M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $446M |
| EBIT | $1.9B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $446M |
| Stock-Based Compensation | $75M |
| Deferred Income Tax | -$93M |
| Other Non-Cash Items | $476M |
| Change in Working Capital | -$475M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$394M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$275M |
| Sales/Maturities of Investments | $264M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$379M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$773M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $90M |
| Net Receivables | $8.1B |
| Inventory | $3.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18.5B |
| PP&E (Net) | $9.0B |
| Goodwill | $3.9B |
| Intangible Assets | $7.7B |
| Long-Term Investments | $3.2B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $30.4B |
| TOTAL ASSETS | $48.8B |
| Account Payables | $1.7B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.7B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $15.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $7.5B |
| TOTAL NON-CURRENT LIABILITIES | $24.6B |
| TOTAL LIABILITIES | $39.7B |
| Common Stock | $596M |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $9.0B |
| Treasury Stock | -$53M |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $176M |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $48.8B |
| Total Debt | $16.9B |
| Net Debt | $13.1B |
