| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.3B | $4.7B | -3.6% | 8.7% |
| Op. Income | $2.3B | $2.1B | $1.7B | 6.5% | 34.7% |
| Gross Margin | 52.1% | 52.3% | 49.7% | -0.3pp | 2.4pp |
| Net Margin | 30.0% | 25.9% | 23.5% | 4.1pp | 6.5pp |
| EPS (Diluted) | $2.05 | $1.84 | $1.47 | 11.4% | 39.5% |
| Free Cash Flow | $1.8B | $1.5B | $1.1B | 14.7% | 65.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $490M |
| Other Expenses | -$103M |
| Operating Expenses | $387M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $2.3B |
| Interest Income | $2M |
| Interest Expense | $300M |
| Other Income/Expenses | -$329M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $416M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $454M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $490M |
| Other Expenses | -$103M |
| Operating Expenses | $387M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $2.3B |
| Interest Income | $2M |
| Interest Expense | $300M |
| Other Income/Expenses | -$329M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $416M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $454M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $454M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$130M |
| Change in Working Capital | $237M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$369M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $133M |
| NET CASH FROM INVESTING | -$245M |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$962M |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$429M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $45M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $38.2B |
| Goodwill | $2.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $45.6B |
| TOTAL ASSETS | $51.1B |
| Account Payables | $670M |
| Short-Term Debt | $900M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $34.8B |
| Deferred Revenue NC | $703M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $53.8B |
| TOTAL LIABILITIES | $58.3B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $54.5B |
| Treasury Stock | -$67.1B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$7.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7.2B |
| TOTAL LIABILITIES & EQUITY | $51.1B |
| Total Debt | $49.6B |
| Net Debt | $46.5B |
