| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.6B | -1.6% | -3.3% |
| Op. Income | $600M | $657M | $621M | -8.7% | -3.3% |
| Gross Margin | 99.4% | 99.6% | 92.2% | -0.3pp | 7.2pp |
| Net Margin | 29.8% | 31.7% | 29.6% | -1.9pp | 0.2pp |
| EPS (Diluted) | $3.37 | $3.69 | $3.52 | -8.7% | -4.3% |
| Free Cash Flow | $635M | $444M | $617M | 43.1% | 2.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $10M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $534M |
| SG&A Expenses | $555M |
| Other Expenses | $372M |
| Operating Expenses | $928M |
| Cost & Expenses | $937M |
| OPERATING INCOME | $600M |
| Interest Income | $959M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $600M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $458M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458M |
| Net Income Deductions | -$10.0K |
| BOTTOM LINE NET INCOME | $434M |
| D&A | $81M |
| EBIT | $600M |
| EBITDA | $681M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $10M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $534M |
| SG&A Expenses | $555M |
| Other Expenses | $372M |
| Operating Expenses | $928M |
| Cost & Expenses | $937M |
| OPERATING INCOME | $600M |
| Interest Income | $959M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $600M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $458M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458M |
| Net Income Deductions | -$10.0K |
| BOTTOM LINE NET INCOME | $434M |
| D&A | $81M |
| EBIT | $600M |
| EBITDA | $681M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $458M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $148M |
| OPERATING CASH FLOW | $697M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $442M |
| Other Investing Activities | -$2.6B |
| NET CASH FROM INVESTING | -$3.5B |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$155M |
| Other Financing Activities | $2.8B |
| NET CASH FROM FINANCING | $2.6B |
| FREE CASH FLOW | $635M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43.2B |
| Short-Term Investments | $4.0B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48.3B |
| PP&E (Net) | $1.1B |
| Goodwill | $4.6B |
| Intangible Assets | $4M |
| Long-Term Investments | $93.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.5B |
| TOTAL NON-CURRENT ASSETS | $106.8B |
| TOTAL ASSETS | $155.1B |
| Account Payables | $2.1B |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $131.5B |
| TOTAL CURRENT LIABILITIES | $133.7B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $137.2B |
| Common Stock | $81M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $14.6B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.9B |
| TOTAL LIABILITIES & EQUITY | $155.1B |
| Total Debt | $3.5B |
| Net Debt | -$39.7B |
