| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $5.2B | — | -7.9% | — |
| Op. Income | $943M | $897M | — | 5.2% | — |
| Gross Margin | 67.1% | 69.7% | — | -2.7pp | — |
| Net Margin | 25.6% | 11.0% | — | 14.6pp | — |
| EPS (Diluted) | $0.39 | $0.18 | — | 113.4% | — |
| Free Cash Flow | $1.8B | $1.1B | — | 65.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $710M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $117M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $943M |
| Interest Income | $310M |
| Interest Expense | $491M |
| Other Income/Expenses | -$123M |
| INCOME BEFORE TAX | $820M |
| Income Tax Expense | -$415M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $873M |
| EBIT | $347M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $710M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $117M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $943M |
| Interest Income | $310M |
| Interest Expense | $491M |
| Other Income/Expenses | -$123M |
| INCOME BEFORE TAX | $820M |
| Income Tax Expense | -$415M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $873M |
| EBIT | $347M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $873M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | -$415M |
| Other Non-Cash Items | -$857M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$701M |
| Acquisitions (Net) | $2.5B |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $1.8B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$18.8K |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$218M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | $2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $229M |
| Net Receivables | $5.1B |
| Inventory | $4.7B |
| Other Current Assets | $899M |
| TOTAL CURRENT ASSETS | $17.0B |
| PP&E (Net) | $9.1B |
| Goodwill | $25.3B |
| Intangible Assets | $24.5B |
| Long-Term Investments | $2.2B |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $629M |
| TOTAL NON-CURRENT ASSETS | $63.9B |
| TOTAL ASSETS | $80.9B |
| Account Payables | $1.5B |
| Short-Term Debt | $139M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $11.1B |
| Long-Term Debt | $28.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.4B |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $37.4B |
| TOTAL LIABILITIES | $48.5B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $10.6B |
| Retained Earnings | $9.5B |
| Treasury Stock | -$373M |
| Accum. Other Comp. Income | $2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.4B |
| Minority Interest | $26M |
| TOTAL EQUITY | $32.4B |
| TOTAL LIABILITIES & EQUITY | $80.9B |
| Total Debt | $29.0B |
| Net Debt | $23.0B |
