| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.8B | $13.5B | $12.7B | -5.2% | 0.9% |
| Op. Income | $2.9B | $2.6B | $2.4B | 11.3% | 18.1% |
| Gross Margin | 69.9% | 70.6% | 68.2% | -0.7pp | 1.7pp |
| Net Margin | 17.3% | 120.6% | 16.2% | -103.3pp | 1.1pp |
| EPS (Diluted) | $0.99 | $7.24 | $0.91 | -86.3% | 8.8% |
| Free Cash Flow | $790M | $2.9B | $1.3B | -72.8% | -37.9% |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $274M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $2.9B |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$183M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $450M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.4B |
| EBIT | $2.9B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $274M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $2.9B |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$183M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $450M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.4B |
| EBIT | $2.9B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $203M |
| Deferred Income Tax | $450M |
| Other Non-Cash Items | -$617M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$859M |
| Acquisitions (Net) | -$839M |
| Purchases of Investments | -$4.3B |
| Sales/Maturities of Investments | $15.2B |
| Other Investing Activities | -$503M |
| NET CASH FROM INVESTING | $9.4B |
| Net Debt Issuance | $404M |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$7.5B |
| Other Financing Activities | $116M |
| NET CASH FROM FINANCING | -$9.5B |
| FREE CASH FLOW | $790M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.9B |
| Short-Term Investments | $5.0B |
| Net Receivables | $8.7B |
| Inventory | $7.0B |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $37.2B |
| PP&E (Net) | $12.9B |
| Goodwill | $29.6B |
| Intangible Assets | $34.9B |
| Long-Term Investments | $2.9B |
| Tax Assets | $3.9B |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $88.0B |
| TOTAL ASSETS | $125.2B |
| Account Payables | $5.1B |
| Short-Term Debt | $7.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.2B |
| TOTAL CURRENT LIABILITIES | $29.8B |
| Long-Term Debt | $22.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.4B |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $33.7B |
| TOTAL LIABILITIES | $63.5B |
| Common Stock | $901M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $63.5B |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61.5B |
| Minority Interest | $164M |
| TOTAL EQUITY | $61.7B |
| TOTAL LIABILITIES & EQUITY | $125.2B |
| Total Debt | $31.3B |
| Net Debt | $17.5B |
