| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.0B | $16.5B | $15.9B | 3.3% | 7.3% |
| Op. Income | $2.3B | $2.1B | $2.1B | 6.6% | 6.5% |
| Gross Margin | 13.0% | 12.9% | 13.4% | 0.0pp | -0.4pp |
| Net Margin | 10.5% | 10.3% | 9.4% | 0.2pp | 1.1pp |
| EPS (Diluted) | $6.38 | $6.05 | $5.29 | 5.5% | 20.6% |
| Free Cash Flow | $1.1B | $1.5B | $847M | -26.3% | 28.1% |
| Item | Amount |
|---|---|
| REVENUE | $17.0B |
| Cost of Revenue | $14.8B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$75M |
| Operating Expenses | -$75M |
| Cost & Expenses | $14.7B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $149M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $395M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $363M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $17.0B |
| Cost of Revenue | $14.8B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$75M |
| Operating Expenses | -$75M |
| Cost & Expenses | $14.7B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $149M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $395M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $363M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $363M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $87M |
| Change in Working Capital | -$479M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$722M |
| Acquisitions (Net) | -$282M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$993M |
| Net Debt Issuance | -$500M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$728M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$425M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $0 |
| Net Receivables | $11.5B |
| Inventory | $3.5B |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $19.4B |
| PP&E (Net) | $7.2B |
| Goodwill | $10.8B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $784M |
| Tax Assets | $3.5B |
| Other Non-Current Assets | $6.0B |
| TOTAL NON-CURRENT ASSETS | $31.3B |
| TOTAL ASSETS | $50.7B |
| Account Payables | $880M |
| Short-Term Debt | $500M |
| Deferred Revenue | $7.5B |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $13.9B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19.1B |
| TOTAL NON-CURRENT LIABILITIES | $30.7B |
| TOTAL LIABILITIES | $44.7B |
| Common Stock | $279M |
| Additional Paid-In Capital | $221M |
| Retained Earnings | $21.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $23M |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $50.7B |
| Total Debt | $12.2B |
| Net Debt | $9.0B |
