| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.2B | $5.3B | -3.1% | 13.1% |
| Op. Income | $2.4B | $3.0B | $2.1B | -19.7% | 11.9% |
| Gross Margin | 54.3% | 55.3% | 52.3% | -1.1pp | 1.9pp |
| Net Margin | 27.3% | 34.7% | 25.9% | -7.4pp | 1.4pp |
| EPS (Diluted) | $2.18 | $2.86 | $1.84 | -23.8% | 18.5% |
| Free Cash Flow | $2.0B | $2.1B | $1.5B | -6.5% | 29.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $755M |
| Other Expenses | $109M |
| Operating Expenses | $864M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $3M |
| Interest Expense | $296M |
| Other Income/Expenses | -$289M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $469M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $482M |
| EBIT | $2.4B |
| EBITDA | $2.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $755M |
| Other Expenses | $109M |
| Operating Expenses | $864M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $3M |
| Interest Expense | $296M |
| Other Income/Expenses | -$289M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $469M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $482M |
| EBIT | $2.4B |
| EBITDA | $2.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $482M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$72M |
| Change in Working Capital | $589M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$687M |
| Acquisitions (Net) | -$97M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$339M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $661M |
| Common Stock Repurchased | -$803M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $403M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $56M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $38.3B |
| Goodwill | $2.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $46.7B |
| TOTAL ASSETS | $53.9B |
| Account Payables | $1.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $35.6B |
| Deferred Revenue NC | $738M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $54.4B |
| TOTAL LIABILITIES | $58.5B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.2B |
| Retained Earnings | $57.5B |
| Treasury Stock | -$67.8B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4.6B |
| TOTAL LIABILITIES & EQUITY | $53.9B |
| Total Debt | $49.3B |
| Net Debt | $44.6B |
