| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.4B | $13.3B | $12.5B | 0.5% | 6.6% |
| Op. Income | $3.2B | $3.5B | $2.4B | -7.1% | 34.0% |
| Gross Margin | 70.5% | 70.6% | 70.1% | -0.0pp | 0.5pp |
| Net Margin | 20.6% | 21.8% | 15.4% | -1.2pp | 5.2pp |
| EPS (Diluted) | $1.22 | $1.28 | $0.84 | -4.7% | 45.2% |
| Free Cash Flow | $4.4B | $3.5B | $2.5B | 24.1% | 73.4% |
| Item | Amount |
|---|---|
| REVENUE | $13.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.6B |
| Other Expenses | $198M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $3.2B |
| Interest Income | $0 |
| Interest Expense | $202M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $472M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $1.5B |
| EBIT | $3.4B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.6B |
| Other Expenses | $198M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $3.2B |
| Interest Income | $0 |
| Interest Expense | $202M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $472M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $1.5B |
| EBIT | $3.4B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $173M |
| Deferred Income Tax | $472M |
| Other Non-Cash Items | -$340M |
| Change in Working Capital | $409M |
| OPERATING CASH FLOW | $4.9B |
| Capital Expenditure | -$539M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$807M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$284M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | $2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $951M |
| Net Receivables | $8.6B |
| Inventory | $6.9B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $26.3B |
| PP&E (Net) | $13.2B |
| Goodwill | $29.6B |
| Intangible Assets | $34.0B |
| Long-Term Investments | $12.3B |
| Tax Assets | $3.8B |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $95.0B |
| TOTAL ASSETS | $121.2B |
| Account Payables | $4.7B |
| Short-Term Debt | $9.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $29.9B |
| Long-Term Debt | $23.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $6.3B |
| TOTAL NON-CURRENT LIABILITIES | $34.4B |
| TOTAL LIABILITIES | $64.3B |
| Common Stock | $901M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $57.4B |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56.8B |
| Minority Interest | $166M |
| TOTAL EQUITY | $56.9B |
| TOTAL LIABILITIES & EQUITY | $121.2B |
| Total Debt | $34.3B |
| Net Debt | $27.1B |
