| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.8B | $12.7B | $7.9B | 1.0% | 61.6% |
| Op. Income | $911M | $2.2B | $893M | -59.5% | 2.0% |
| Gross Margin | 14.8% | 20.4% | 15.4% | -5.6pp | -0.7pp |
| Net Margin | 5.6% | 13.9% | 10.7% | -8.2pp | -5.1pp |
| EPS (Diluted) | $2.19 | $5.25 | $2.55 | -58.3% | -14.1% |
| Free Cash Flow | $2.4B | $1.6B | $469M | 47.6% | 412.8% |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $624M |
| Operating Expenses | $985M |
| Cost & Expenses | $11.9B |
| OPERATING INCOME | $911M |
| Interest Income | $1M |
| Interest Expense | $153M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $866M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | $0 |
| NET INCOME | $724M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $722M |
| D&A | $377M |
| EBIT | $1.0B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $624M |
| Operating Expenses | $985M |
| Cost & Expenses | $11.9B |
| OPERATING INCOME | $911M |
| Interest Income | $1M |
| Interest Expense | $153M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $866M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | $0 |
| NET INCOME | $724M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $722M |
| D&A | $377M |
| EBIT | $1.0B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $726M |
| Depreciation & Amortization | $377M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$205M |
| Other Non-Cash Items | $712M |
| Change in Working Capital | $1.5B |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$674M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $355M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$410M |
| NET CASH FROM INVESTING | -$705M |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | -$385M |
| Common Dividends Paid | -$376M |
| Other Financing Activities | -$154M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$421M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $9M |
| Net Receivables | $5.2B |
| Inventory | $4.9B |
| Other Current Assets | $533M |
| TOTAL CURRENT ASSETS | $12.2B |
| PP&E (Net) | $16.5B |
| Goodwill | $1.9B |
| Intangible Assets | $695M |
| Long-Term Investments | $4.8B |
| Tax Assets | $174M |
| Other Non-Current Assets | $493M |
| TOTAL NON-CURRENT ASSETS | $24.5B |
| TOTAL ASSETS | $36.7B |
| Account Payables | $3.5B |
| Short-Term Debt | $368M |
| Deferred Revenue | $169M |
| Other Current Liabilities | $251M |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $11.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $17.5B |
| TOTAL LIABILITIES | $24.8B |
| Common Stock | $19M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $8.6B |
| Treasury Stock | -$965M |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $130M |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $36.7B |
| Total Debt | $13.6B |
| Net Debt | $12.1B |
