| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.1B | $19.7B | — | -8.3% | — |
| Op. Income | $3.8B | $5.4B | — | -29.6% | — |
| Gross Margin | 50.7% | 53.1% | — | -2.4pp | — |
| Net Margin | 18.1% | 19.5% | — | -1.5pp | — |
| EPS (Diluted) | $1.26 | $1.47 | — | -14.3% | — |
| Free Cash Flow | $3.4B | $4.9B | — | -29.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $0 |
| Operating Expenses | $5.4B |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $3.8B |
| Interest Income | $11M |
| Interest Expense | $106M |
| Other Income/Expenses | $92M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $628M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $683M |
| EBIT | $4.0B |
| EBITDA | $4.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $0 |
| Operating Expenses | $5.4B |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $3.8B |
| Interest Income | $11M |
| Interest Expense | $106M |
| Other Income/Expenses | $92M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $628M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $683M |
| EBIT | $4.0B |
| EBITDA | $4.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $683M |
| Stock-Based Compensation | $144M |
| Deferred Income Tax | -$312M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | $324M |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$656M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$665M |
| Net Debt Issuance | -$632M |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | $369M |
| NET CASH FROM FINANCING | -$5.3B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.0B |
| Short-Term Investments | $0 |
| Net Receivables | $4.9B |
| Inventory | $6.0B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $22.6B |
| PP&E (Net) | $21.1B |
| Goodwill | $40.6B |
| Intangible Assets | $23.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $94.2B |
| TOTAL ASSETS | $116.8B |
| Account Payables | $12.1B |
| Short-Term Debt | $8.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $21.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.0B |
| Other Non-Current Liabilities | $10.8B |
| TOTAL NON-CURRENT LIABILITIES | $37.8B |
| TOTAL LIABILITIES | $69.9B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $64.7B |
| Retained Earnings | $105.7B |
| Treasury Stock | -$112.1B |
| Accum. Other Comp. Income | -$15.5B |
| Other Equity | -$1.0B |
| TOTAL STOCKHOLDERS' EQUITY | $46.6B |
| Minority Interest | $323M |
| TOTAL EQUITY | $46.9B |
| TOTAL LIABILITIES & EQUITY | $116.8B |
| Total Debt | $29.8B |
| Net Debt | $19.8B |
