| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.5B | $18.1B | — | 24.1% | — |
| Op. Income | $2.8B | $3.0B | — | -6.1% | — |
| Gross Margin | 53.6% | 54.9% | — | -1.3pp | — |
| Net Margin | 8.2% | 12.7% | — | -4.4pp | — |
| EPS (Diluted) | $1.33 | $1.65 | — | -19.4% | — |
| Free Cash Flow | $2.3B | $3.8B | — | -38.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $22.5B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $12.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.2B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $19.6B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $339M |
| Other Income/Expenses | -$469M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $498M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $817M |
| EBIT | $2.7B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22.5B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $12.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9.2B |
| Other Expenses | $0 |
| Operating Expenses | $9.2B |
| Cost & Expenses | $19.6B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $339M |
| Other Income/Expenses | -$469M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $498M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $817M |
| EBIT | $2.7B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $817M |
| Stock-Based Compensation | $78M |
| Deferred Income Tax | $265M |
| Other Non-Cash Items | $479M |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $4.5B |
| Capital Expenditure | -$2.2B |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$735M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | -$714M |
| Common Stock Repurchased | -$457M |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$2.6B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$905M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $1.4B |
| Net Receivables | $8.4B |
| Inventory | $4.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23.0B |
| PP&E (Net) | $23.0B |
| Goodwill | $18.8B |
| Intangible Assets | $19.3B |
| Long-Term Investments | $2.8B |
| Tax Assets | $4.4B |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $69.9B |
| TOTAL ASSETS | $92.9B |
| Account Payables | $8.9B |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.9B |
| TOTAL CURRENT LIABILITIES | $23.4B |
| Long-Term Debt | $40.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.3B |
| Other Non-Current Liabilities | $11.3B |
| TOTAL NON-CURRENT LIABILITIES | $56.0B |
| TOTAL LIABILITIES | $79.4B |
| Common Stock | $23M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $63.4B |
| Treasury Stock | -$38.4B |
| Accum. Other Comp. Income | -$15.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $98M |
| TOTAL EQUITY | $13.6B |
| TOTAL LIABILITIES & EQUITY | $92.9B |
| Total Debt | $44.6B |
| Net Debt | $36.4B |
