| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.9B | $18.1B | $17.7B | 4.6% | 7.1% |
| Op. Income | $3.5B | $3.8B | $3.5B | -6.5% | 1.7% |
| Gross Margin | 48.3% | 50.7% | 49.5% | -2.4pp | -1.2pp |
| Net Margin | 15.3% | 18.1% | 15.8% | -2.7pp | -0.5pp |
| EPS (Diluted) | $1.13 | $1.26 | $1.07 | -10.3% | 5.6% |
| Free Cash Flow | $3.4B | $3.4B | $4.1B | -0.7% | -17.9% |
| Item | Amount |
|---|---|
| REVENUE | $18.9B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.6B |
| Other Expenses | $0 |
| Operating Expenses | $5.6B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $3.5B |
| Interest Income | $15M |
| Interest Expense | $117M |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $656M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $710M |
| EBIT | $3.7B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.9B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.6B |
| Other Expenses | $0 |
| Operating Expenses | $5.6B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $3.5B |
| Interest Income | $15M |
| Interest Expense | $117M |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $656M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $710M |
| EBIT | $3.7B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $710M |
| Stock-Based Compensation | $142M |
| Deferred Income Tax | -$91M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $417M |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$714M |
| Acquisitions (Net) | -$34M |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$791M |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $174M |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $281M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.3B |
| Short-Term Investments | $0 |
| Net Receivables | $4.7B |
| Inventory | $6.0B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $23.1B |
| PP&E (Net) | $21.7B |
| Goodwill | $40.9B |
| Intangible Assets | $23.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.0B |
| TOTAL NON-CURRENT ASSETS | $96.2B |
| TOTAL ASSETS | $119.3B |
| Account Payables | $13.7B |
| Short-Term Debt | $8.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $33.1B |
| Long-Term Debt | $23.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.2B |
| Other Non-Current Liabilities | $9.6B |
| TOTAL NON-CURRENT LIABILITIES | $39.5B |
| TOTAL LIABILITIES | $72.7B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $64.8B |
| Retained Earnings | $106.4B |
| Treasury Stock | -$115.0B |
| Accum. Other Comp. Income | -$13.7B |
| Other Equity | -$1.0B |
| TOTAL STOCKHOLDERS' EQUITY | $46.4B |
| Minority Interest | $276M |
| TOTAL EQUITY | $46.7B |
| TOTAL LIABILITIES & EQUITY | $119.3B |
| Total Debt | $32.8B |
| Net Debt | $22.6B |
