| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.2B | $10.1B | $10.4B | 11.3% | 7.5% |
| Op. Income | $4.5B | $3.9B | $4.3B | 17.1% | 5.4% |
| Gross Margin | 81.1% | 81.0% | 81.1% | 0.1pp | -0.0pp |
| Net Margin | 35.9% | 49.8% | 29.8% | -13.9pp | 6.1pp |
| EPS (Diluted) | $1.37 | $1.68 | $0.99 | -18.5% | 38.4% |
| Free Cash Flow | $4.1B | $3.3B | $3.2B | 25.4% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.1B |
| General & Administrative | $305M |
| SG&A Expenses | $2.4B |
| Other Expenses | $467M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $4.5B |
| Interest Income | $21M |
| Interest Expense | $697M |
| Other Income/Expenses | -$385M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $752M |
| EBIT | $4.9B |
| EBITDA | $5.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.1B |
| General & Administrative | $305M |
| SG&A Expenses | $2.4B |
| Other Expenses | $467M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $4.5B |
| Interest Income | $21M |
| Interest Expense | $697M |
| Other Income/Expenses | -$385M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $752M |
| EBIT | $4.9B |
| EBITDA | $5.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.0B |
| Depreciation & Amortization | $752M |
| Stock-Based Compensation | $442M |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | -$74M |
| Change in Working Capital | -$360M |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | -$717M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$11.2B |
| Sales/Maturities of Investments | $8.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | $14.9B |
| Common Stock Repurchased | -$8.0B |
| Common Dividends Paid | -$917M |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | $6.8B |
| FREE CASH FLOW | $4.1B |
| Net Change in Cash | $7.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30.1B |
| Short-Term Investments | $16.5B |
| Net Receivables | $5.4B |
| Inventory | $142M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $55.6B |
| PP&E (Net) | $7.0B |
| Goodwill | $43.9B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $0 |
| Tax Assets | $13.6B |
| Other Non-Current Assets | $8.4B |
| TOTAL NON-CURRENT ASSETS | $75.5B |
| TOTAL ASSETS | $131.1B |
| Account Payables | $745M |
| Short-Term Debt | $8.3B |
| Deferred Revenue | $8.8B |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $24.2B |
| Long-Term Debt | $76.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.9B |
| Other Non-Current Liabilities | $17.1B |
| TOTAL NON-CURRENT LIABILITIES | $101.0B |
| TOTAL LIABILITIES | $125.2B |
| Common Stock | $26.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$20.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $714M |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $131.1B |
| Total Debt | $84.2B |
| Net Debt | $54.1B |
