| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.4B | $9.8B | $11.1B | 6.6% | -6.3% |
| Op. Income | $4.3B | $3.5B | $4.3B | 22.1% | 1.2% |
| Gross Margin | 81.1% | 80.0% | 81.5% | 1.2pp | -0.3pp |
| Net Margin | 29.8% | 26.2% | 33.6% | 3.6pp | -3.7pp |
| EPS (Diluted) | $0.99 | $0.79 | $1.07 | 25.3% | -7.5% |
| Free Cash Flow | $3.2B | $2.6B | $4.0B | 21.6% | -20.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.0B |
| General & Administrative | $278M |
| SG&A Expenses | $2.2B |
| Other Expenses | $446M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $4.3B |
| Interest Income | $70M |
| Interest Expense | $579M |
| Other Income/Expenses | -$612M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $580M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $722M |
| EBIT | $4.3B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.0B |
| General & Administrative | $278M |
| SG&A Expenses | $2.2B |
| Other Expenses | $446M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $4.3B |
| Interest Income | $70M |
| Interest Expense | $579M |
| Other Income/Expenses | -$612M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $580M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $722M |
| EBIT | $4.3B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $722M |
| Stock-Based Compensation | $386M |
| Deferred Income Tax | -$453M |
| Other Non-Cash Items | $317M |
| Change in Working Capital | -$474M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$433M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$5.3B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4.3B |
| Net Debt Issuance | $19.9B |
| Common Stock Repurchased | -$5.3B |
| Common Dividends Paid | -$740M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | $14.1B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | $13.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37.2B |
| Short-Term Investments | $5.8B |
| Net Receivables | $5.6B |
| Inventory | $211M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $52.1B |
| PP&E (Net) | $6.2B |
| Goodwill | $43.8B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $0 |
| Tax Assets | $3.3B |
| Other Non-Current Assets | $6.3B |
| TOTAL NON-CURRENT ASSETS | $63.3B |
| TOTAL ASSETS | $115.4B |
| Account Payables | $637M |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $8.0B |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $17.2B |
| Long-Term Debt | $69.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16.3B |
| TOTAL NON-CURRENT LIABILITIES | $85.5B |
| TOTAL LIABILITIES | $102.7B |
| Common Stock | $26.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$12.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $643M |
| TOTAL EQUITY | $12.7B |
| TOTAL LIABILITIES & EQUITY | $115.4B |
| Total Debt | $71.6B |
| Net Debt | $34.4B |
