| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | $8.1B | $8.3B | 15.8% | 11.9% |
| Op. Income | $2.9B | $2.2B | $3.5B | 32.2% | -15.9% |
| Gross Margin | 57.8% | 57.8% | 66.9% | 0.1pp | -9.0pp |
| Net Margin | 30.0% | 25.1% | 35.5% | 4.8pp | -5.5pp |
| EPS (Diluted) | $2.45 | $1.77 | $2.58 | 38.4% | -5.0% |
| Free Cash Flow | $647M | $2.9B | $1.4B | -77.4% | -53.6% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $619M |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.9B |
| Interest Income | $20M |
| Interest Expense | $138M |
| Other Income/Expenses | $383M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $487M |
| 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 | $425M |
| EBIT | $2.9B |
| EBITDA | $3.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $619M |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.9B |
| Interest Income | $20M |
| Interest Expense | $138M |
| Other Income/Expenses | $383M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $487M |
| 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 | $425M |
| EBIT | $2.9B |
| EBITDA | $3.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $425M |
| Stock-Based Compensation | $425M |
| Deferred Income Tax | $113M |
| Other Non-Cash Items | -$510M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$430M |
| Acquisitions (Net) | -$93M |
| Purchases of Investments | -$449M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$137M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$771M |
| Common Dividends Paid | -$768M |
| Other Financing Activities | $163M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $647M |
| Net Change in Cash | -$283M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.1B |
| Short-Term Investments | $5.3B |
| Net Receivables | $3.6B |
| Inventory | $3.2B |
| Other Current Assets | $854M |
| TOTAL CURRENT ASSETS | $20.1B |
| PP&E (Net) | $4.6B |
| Goodwill | $7.2B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $6.3B |
| TOTAL NON-CURRENT ASSETS | $21.2B |
| TOTAL ASSETS | $41.2B |
| Account Payables | $2.8B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $612M |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $12.0B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $364M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.8B |
| TOTAL NON-CURRENT LIABILITIES | $19.3B |
| TOTAL LIABILITIES | $31.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $9.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $41.2B |
| Total Debt | $16.3B |
| Net Debt | $9.2B |
