| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.3B | $9.6B | $10.8B | 7.0% | -4.9% |
| Op. Income | $594M | $512M | $401M | 16.0% | 48.2% |
| Gross Margin | 9.6% | 8.4% | 7.5% | 1.2pp | 2.1pp |
| Net Margin | 4.6% | 3.3% | 0.3% | 1.3pp | 4.3pp |
| EPS (Diluted) | $1.45 | $0.99 | $0.17 | 46.6% | 759.7% |
| Free Cash Flow | $1.1B | $1.0B | $741M | 7.6% | 50.1% |
| Item | Amount |
|---|---|
| REVENUE | $10.3B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $989M |
| R&D Expenses | $26M |
| Selling & Marketing | $71M |
| General & Administrative | $257M |
| SG&A Expenses | $328M |
| Other Expenses | $41M |
| Operating Expenses | $394M |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $594M |
| Interest Income | $50M |
| Interest Expense | $97M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $350M |
| Income Tax Expense | -$146M |
| Net Income from Continuing Ops | $496M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $473M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $469M |
| D&A | $632M |
| EBIT | $535M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.3B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $989M |
| R&D Expenses | $26M |
| Selling & Marketing | $71M |
| General & Administrative | $257M |
| SG&A Expenses | $328M |
| Other Expenses | $41M |
| Operating Expenses | $394M |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $594M |
| Interest Income | $50M |
| Interest Expense | $97M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $350M |
| Income Tax Expense | -$146M |
| Net Income from Continuing Ops | $496M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $473M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $469M |
| D&A | $632M |
| EBIT | $535M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $469M |
| Depreciation & Amortization | $632M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$154M |
| Other Non-Cash Items | $279M |
| Change in Working Capital | $597M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$710M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | -$7.3B |
| Sales/Maturities of Investments | $7.0B |
| Other Investing Activities | -$145M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$374M |
| Common Dividends Paid | -$80M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $7.9B |
| Net Receivables | $6.5B |
| Inventory | $6.1B |
| Other Current Assets | $148M |
| TOTAL CURRENT ASSETS | $24.2B |
| PP&E (Net) | $19.8B |
| Goodwill | $610M |
| Intangible Assets | $2.4B |
| Long-Term Investments | $3.7B |
| Tax Assets | $901M |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $29.2B |
| TOTAL ASSETS | $53.4B |
| Account Payables | $3.1B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $659M |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $892M |
| Other Non-Current Liabilities | $610M |
| TOTAL NON-CURRENT LIABILITIES | $9.8B |
| TOTAL LIABILITIES | $21.2B |
| Common Stock | $326M |
| Additional Paid-In Capital | $891M |
| Retained Earnings | $31.1B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$932M |
| Other Equity | $160M |
| TOTAL STOCKHOLDERS' EQUITY | $29.9B |
| Minority Interest | $2.3B |
| TOTAL EQUITY | $32.2B |
| TOTAL LIABILITIES & EQUITY | $53.4B |
| Total Debt | $13.8B |
| Net Debt | $10.6B |
