| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.5B | $10.9B | $11.9B | 14.5% | 5.5% |
| Op. Income | -$1.9B | $2.5B | $2.8B | -177.4% | -170.2% |
| Gross Margin | 55.8% | 72.4% | 69.1% | -16.6pp | -13.3pp |
| Net Margin | -16.7% | 26.9% | 19.9% | -43.6pp | -36.6pp |
| EPS (Diluted) | $-0.82 | $1.16 | $0.92 | -170.7% | -189.1% |
| Free Cash Flow | $2.6B | $728M | $3.7B | 253.7% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $5.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $0 |
| Operating Expenses | $8.9B |
| Cost & Expenses | $14.5B |
| OPERATING INCOME | -$1.9B |
| Interest Income | $11M |
| Interest Expense | $207M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | -$2.0B |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | -$2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.1B |
| D&A | $904M |
| EBIT | -$2.3B |
| EBITDA | -$882M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2.1B |
| Depreciation & Amortization | $904M |
| Stock-Based Compensation | $121M |
| Deferred Income Tax | -$715M |
| Other Non-Cash Items | $4.9B |
| Change in Working Capital | $883M |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | -$3.2B |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $918M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | $2.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $764M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $0 |
| Net Receivables | $6.8B |
| Inventory | $5.6B |
| Other Current Assets | $7.4B |
| TOTAL CURRENT ASSETS | $27.8B |
| PP&E (Net) | $17.0B |
| Goodwill | $18.9B |
| Intangible Assets | $14.1B |
| Long-Term Investments | $785M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.1B |
| TOTAL NON-CURRENT ASSETS | $63.8B |
| TOTAL ASSETS | $91.6B |
| Account Payables | $4.3B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $795M |
| TOTAL CURRENT LIABILITIES | $27.3B |
| Long-Term Debt | $25.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $11.2B |
| TOTAL NON-CURRENT LIABILITIES | $38.9B |
| TOTAL LIABILITIES | $66.2B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $39.6B |
| Retained Earnings | $47.4B |
| Treasury Stock | -$56.8B |
| Accum. Other Comp. Income | -$6.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.3B |
| Minority Interest | $87M |
| TOTAL EQUITY | $25.4B |
| TOTAL LIABILITIES & EQUITY | $91.6B |
| Total Debt | $33.4B |
| Net Debt | $25.4B |
