| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.7B | — | $17.1B | — | 3.5% |
| Op. Income | $3.5B | — | -$5.2B | — | 167.0% |
| Gross Margin | 49.5% | — | 47.7% | — | 1.8pp |
| Net Margin | 15.8% | — | -30.7% | — | 46.5pp |
| EPS (Diluted) | $1.07 | — | $-2.12 | — | 150.5% |
| Free Cash Flow | $4.1B | — | $3.3B | — | 24.3% |
| Item | Amount |
|---|---|
| REVENUE | $17.7B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $14.2B |
| OPERATING INCOME | $3.5B |
| Interest Income | $22M |
| Interest Expense | $157M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $675M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $814M |
| EBIT | $3.6B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $17.7B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $14.2B |
| OPERATING INCOME | $3.5B |
| Interest Income | $22M |
| Interest Expense | $157M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $675M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $814M |
| EBIT | $3.6B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $814M |
| Stock-Based Compensation | $233M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | $928M |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | -$658M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$659M |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | $217M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $4.1B |
| Net Change in Cash | $788M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.2B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $5.5B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $28.0B |
| PP&E (Net) | $20.7B |
| Goodwill | $39.9B |
| Intangible Assets | $23.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.3B |
| TOTAL NON-CURRENT ASSETS | $92.7B |
| TOTAL ASSETS | $120.7B |
| Account Payables | $12.1B |
| Short-Term Debt | $11.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $33.0B |
| Long-Term Debt | $23.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.2B |
| Other Non-Current Liabilities | $10.5B |
| TOTAL NON-CURRENT LIABILITIES | $40.8B |
| TOTAL LIABILITIES | $73.8B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $64.2B |
| Retained Earnings | $100.2B |
| Treasury Stock | -$105.6B |
| Accum. Other Comp. Income | -$16.2B |
| Other Equity | -$1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $46.5B |
| Minority Interest | $357M |
| TOTAL EQUITY | $46.9B |
| TOTAL LIABILITIES & EQUITY | $120.7B |
| Total Debt | $35.6B |
| Net Debt | $19.4B |
