| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | $11.6B | — | 9.9% | — |
| Op. Income | $2.2B | $2.5B | — | -11.0% | — |
| Gross Margin | 20.4% | 25.0% | — | -4.6pp | — |
| Net Margin | 13.9% | 17.8% | — | -3.9pp | — |
| EPS (Diluted) | $5.25 | $6.13 | — | -14.4% | — |
| Free Cash Flow | $1.6B | $1.5B | — | 10.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $313M |
| Other Expenses | $0 |
| Operating Expenses | $343M |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $1M |
| Interest Expense | $126M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $452M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $351M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $313M |
| Other Expenses | $0 |
| Operating Expenses | $343M |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $1M |
| Interest Expense | $126M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $452M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $351M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $351M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | -$69M |
| Change in Working Capital | $111M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$514M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$355M |
| Sales/Maturities of Investments | $458M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$435M |
| Net Debt Issuance | -$603M |
| Common Stock Repurchased | -$78M |
| Common Dividends Paid | -$380M |
| Other Financing Activities | -$96M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $515M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $36M |
| Net Receivables | $5.3B |
| Inventory | $5.0B |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $14.0B |
| PP&E (Net) | $16.6B |
| Goodwill | $1.9B |
| Intangible Assets | $666M |
| Long-Term Investments | $4.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $603M |
| TOTAL NON-CURRENT ASSETS | $24.7B |
| TOTAL ASSETS | $38.7B |
| Account Payables | $3.5B |
| Short-Term Debt | $571M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $12.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $19.3B |
| TOTAL LIABILITIES | $26.7B |
| Common Stock | $19M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $8.2B |
| Treasury Stock | -$581M |
| Accum. Other Comp. Income | -$1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.8B |
| Minority Interest | $130M |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $38.7B |
| Total Debt | $15.0B |
| Net Debt | $13.1B |
