| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | — | $2.5B | — | 29.1% |
| Op. Income | $1.0B | — | $641M | — | 58.0% |
| Gross Margin | 58.6% | — | 62.4% | — | -3.8pp |
| Net Margin | 26.0% | — | 20.2% | — | 5.7pp |
| EPS (Diluted) | $59.33 | — | $36.26 | — | 63.6% |
| Free Cash Flow | $447M | — | $534M | — | -16.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $898M |
| Operating Expenses | $898M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.0B |
| Interest Income | $95M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $166M |
| Net Income from Continuing Ops | $847M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $847M |
| Net Income Deductions | $18M |
| BOTTOM LINE NET INCOME | $821M |
| D&A | $39M |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $59 |
| EPS Diluted | $59 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $898M |
| Operating Expenses | $898M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.0B |
| Interest Income | $95M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $166M |
| Net Income from Continuing Ops | $847M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $847M |
| Net Income Deductions | $18M |
| BOTTOM LINE NET INCOME | $821M |
| D&A | $39M |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $59 |
| EPS Diluted | $59 |
| Item | Amount |
|---|---|
| Net Income | $847M |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.3B |
| Change in Working Capital | $776M |
| OPERATING CASH FLOW | $476M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$499M |
| NET CASH FROM INVESTING | -$534M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $447M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.2B |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $2.6B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $19.7B |
| Tax Assets | $4M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $27.1B |
| TOTAL ASSETS | $34.3B |
| Account Payables | $6.2B |
| Short-Term Debt | $127M |
| Deferred Revenue | $3.0B |
| Other Current Liabilities | -$9.3B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $986M |
| Other Non-Current Liabilities | $15.8B |
| TOTAL NON-CURRENT LIABILITIES | $21.2B |
| TOTAL LIABILITIES | $21.2B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $584M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.8B |
| Minority Interest | $261M |
| TOTAL EQUITY | $13.1B |
| TOTAL LIABILITIES & EQUITY | $34.3B |
| Total Debt | $4.5B |
| Net Debt | -$692M |
