| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.4B | $10.7B | $9.9B | -2.4% | 5.7% |
| Op. Income | $3.6B | $4.1B | $3.0B | -10.5% | 20.3% |
| Gross Margin | 87.9% | 90.4% | 78.7% | -2.5pp | 9.2pp |
| Net Margin | 27.2% | 29.3% | 24.0% | -2.1pp | 3.2pp |
| EPS (Diluted) | $1.95 | $2.17 | $1.63 | -10.1% | 19.7% |
| Free Cash Flow | $6.7B | $19.2B | -$1.8B | -64.9% | 477.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.7B |
| SG&A Expenses | $3.7B |
| Other Expenses | $1.9B |
| Operating Expenses | $5.5B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $3.6B |
| Interest Income | $5.1B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $801M |
| 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 | $486M |
| EBIT | $3.6B |
| EBITDA | $4.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.7B |
| SG&A Expenses | $3.7B |
| Other Expenses | $1.9B |
| Operating Expenses | $5.5B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $3.6B |
| Interest Income | $5.1B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $801M |
| 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 | $486M |
| EBIT | $3.6B |
| EBITDA | $4.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $486M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$172M |
| Other Non-Cash Items | -$205M |
| Change in Working Capital | $4.3B |
| OPERATING CASH FLOW | $7.2B |
| Capital Expenditure | -$473M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22.5B |
| Sales/Maturities of Investments | $15.9B |
| Other Investing Activities | $549M |
| NET CASH FROM INVESTING | -$6.5B |
| Net Debt Issuance | $429M |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $6.7B |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141.4B |
| Short-Term Investments | $27.4B |
| Net Receivables | $16.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $185.3B |
| PP&E (Net) | $5.4B |
| Goodwill | $7.9B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $690.6B |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $355.9B |
| TOTAL NON-CURRENT ASSETS | $1.1T |
| TOTAL ASSETS | $1.2T |
| Account Payables | $7.7B |
| Short-Term Debt | $263.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $619.9B |
| TOTAL CURRENT LIABILITIES | $898.7B |
| Long-Term Debt | $147.0B |
| Deferred Revenue NC | $2.6B |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $123.2B |
| TOTAL NON-CURRENT LIABILITIES | $276.0B |
| TOTAL LIABILITIES | $1.2T |
| Common Stock | $13.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $52.5B |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.9B |
| TOTAL STOCKHOLDERS' EQUITY | $72.1B |
| Minority Interest | $69M |
| TOTAL EQUITY | $72.2B |
| TOTAL LIABILITIES & EQUITY | $1.2T |
| Total Debt | $414.5B |
| Net Debt | $273.1B |
