| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.0B | $12.5B | $12.7B | 3.9% | 2.5% |
| Op. Income | $2.6B | $2.4B | $1.8B | 9.6% | 45.0% |
| Gross Margin | 67.6% | 70.1% | 68.6% | -2.4pp | -1.0pp |
| Net Margin | 16.1% | 15.4% | 8.8% | 0.6pp | 7.2pp |
| EPS (Diluted) | $0.92 | $0.84 | $0.49 | 9.5% | 87.8% |
| Free Cash Flow | $3.0B | $2.5B | $2.9B | 17.9% | 2.7% |
| Item | Amount |
|---|---|
| REVENUE | $13.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.9B |
| Other Expenses | -$88M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.4B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $460M |
| 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 | $1.6B |
| EBIT | $2.8B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.9B |
| Other Expenses | -$88M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.4B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $460M |
| 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 | $1.6B |
| EBIT | $2.8B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $159M |
| Deferred Income Tax | $460M |
| Other Non-Cash Items | -$1.6B |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $53M |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $308M |
| Other Investing Activities | -$251M |
| NET CASH FROM INVESTING | -$571M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$137M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $3.0B |
| Net Change in Cash | $664M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $1.9B |
| Net Receivables | $9.1B |
| Inventory | $7.1B |
| Other Current Assets | $963M |
| TOTAL CURRENT ASSETS | $29.7B |
| PP&E (Net) | $13.9B |
| Goodwill | $30.0B |
| Intangible Assets | $36.8B |
| Long-Term Investments | $12.4B |
| Tax Assets | $8.3B |
| Other Non-Current Assets | $981M |
| TOTAL NON-CURRENT ASSETS | $102.5B |
| TOTAL ASSETS | $132.2B |
| Account Payables | $5.4B |
| Short-Term Debt | $9.9B |
| Deferred Revenue | $56M |
| Other Current Liabilities | $13.0B |
| TOTAL CURRENT LIABILITIES | $33.1B |
| Long-Term Debt | $26.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.6B |
| Other Non-Current Liabilities | $6.9B |
| TOTAL NON-CURRENT LIABILITIES | $42.5B |
| TOTAL LIABILITIES | $75.5B |
| Common Stock | $913M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $57.2B |
| Treasury Stock | -$53M |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56.6B |
| Minority Interest | $68M |
| TOTAL EQUITY | $56.7B |
| TOTAL LIABILITIES & EQUITY | $132.2B |
| Total Debt | $37.9B |
| Net Debt | $28.2B |
