| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.8B | $9.4B | $9.6B | 4.6% | 1.9% |
| Op. Income | $3.6B | $3.2B | $3.2B | 11.6% | 12.6% |
| Gross Margin | 80.2% | 79.9% | 78.7% | 0.3pp | 1.5pp |
| Net Margin | 24.9% | 24.0% | 24.0% | 0.9pp | 0.9pp |
| EPS (Diluted) | $0.80 | $0.72 | $0.69 | 11.1% | 15.9% |
| Free Cash Flow | $820M | $5.5B | $164M | -85.1% | 400.0% |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.9B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $1.8B |
| General & Administrative | $324M |
| SG&A Expenses | $2.2B |
| Other Expenses | $517M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.6B |
| Interest Income | $27M |
| Interest Expense | $600M |
| Other Income/Expenses | -$611M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $530M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $731M |
| EBIT | $3.6B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $7.9B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $1.8B |
| General & Administrative | $324M |
| SG&A Expenses | $2.2B |
| Other Expenses | $517M |
| Operating Expenses | $4.3B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.6B |
| Interest Income | $27M |
| Interest Expense | $600M |
| Other Income/Expenses | -$611M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $530M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $731M |
| EBIT | $3.6B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $731M |
| Stock-Based Compensation | $488M |
| Deferred Income Tax | -$216M |
| Other Non-Cash Items | $106M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$568M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.9B |
| Sales/Maturities of Investments | $9.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4.1B |
| Common Dividends Paid | -$717M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$4.6B |
| FREE CASH FLOW | $820M |
| Net Change in Cash | $725M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28.0B |
| Short-Term Investments | $10.6B |
| Net Receivables | $4.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46.3B |
| PP&E (Net) | $6.6B |
| Goodwill | $43.9B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $55M |
| Tax Assets | $3.4B |
| Other Non-Current Assets | $6.7B |
| TOTAL NON-CURRENT ASSETS | $63.8B |
| TOTAL ASSETS | $110.0B |
| Account Payables | $724M |
| Short-Term Debt | $7.3B |
| Deferred Revenue | $8.1B |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $21.3B |
| Long-Term Debt | $63.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16.5B |
| TOTAL NON-CURRENT LIABILITIES | $80.1B |
| TOTAL LIABILITIES | $101.4B |
| Common Stock | $26.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$17.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $699M |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $110.0B |
| Total Debt | $70.8B |
| Net Debt | $42.8B |
