| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.3B | $5.2B | 6.7% | 7.7% |
| Op. Income | $730M | $610M | $897M | 19.6% | -18.6% |
| Gross Margin | 68.8% | 67.4% | 69.7% | 1.4pp | -1.0pp |
| Net Margin | 6.4% | 5.4% | 11.0% | 1.0pp | -4.6pp |
| EPS (Diluted) | $0.11 | $0.09 | $0.18 | 26.1% | -37.4% |
| Free Cash Flow | $1.9B | $1.2B | $1.1B | 57.7% | 71.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $804M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $902M |
| Operating Expenses | $3.2B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $730M |
| Interest Income | $26M |
| Interest Expense | $293M |
| Other Income/Expenses | -$277M |
| INCOME BEFORE TAX | $452M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $6.3K |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $923M |
| EBIT | $745M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $804M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $902M |
| Operating Expenses | $3.2B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $730M |
| Interest Income | $26M |
| Interest Expense | $293M |
| Other Income/Expenses | -$277M |
| INCOME BEFORE TAX | $452M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $6.3K |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $923M |
| EBIT | $745M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $362M |
| Depreciation & Amortization | $923M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | $90M |
| Other Non-Cash Items | $218M |
| Change in Working Capital | $515M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$303M |
| Acquisitions (Net) | -$139M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$433M |
| Net Debt Issuance | $288M |
| Common Stock Repurchased | -$313M |
| Common Dividends Paid | -$824M |
| Other Financing Activities | -$204M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $730M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $173M |
| Net Receivables | $4.7B |
| Inventory | $5.1B |
| Other Current Assets | $993M |
| TOTAL CURRENT ASSETS | $15.5B |
| PP&E (Net) | $9.4B |
| Goodwill | $26.1B |
| Intangible Assets | $23.8B |
| Long-Term Investments | $2.1B |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $499M |
| TOTAL NON-CURRENT ASSETS | $64.0B |
| TOTAL ASSETS | $79.6B |
| Account Payables | $2.2B |
| Short-Term Debt | $770M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $11.3B |
| Long-Term Debt | $26.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $4.8B |
| TOTAL NON-CURRENT LIABILITIES | $34.8B |
| TOTAL LIABILITIES | $46.2B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $10.6B |
| Retained Earnings | $9.2B |
| Treasury Stock | -$570M |
| Accum. Other Comp. Income | $3.7B |
| Other Equity | -$17M |
| TOTAL STOCKHOLDERS' EQUITY | $33.4B |
| Minority Interest | $3M |
| TOTAL EQUITY | $33.4B |
| TOTAL LIABILITIES & EQUITY | $79.6B |
| Total Debt | $27.3B |
| Net Debt | $22.7B |
