| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.0B | $25.7B | $28.3B | 20.8% | 9.4% |
| Op. Income | $2.1B | $2.0B | $1.8B | 4.2% | 14.1% |
| Gross Margin | 26.6% | 29.0% | 27.7% | -2.5pp | -1.1pp |
| Net Margin | 5.0% | 5.8% | 4.9% | -0.8pp | 0.1pp |
| EPS (Diluted) | $3.21 | $3.04 | $2.73 | 5.6% | 17.6% |
| Free Cash Flow | $2.0B | $1.0B | $2.8B | 91.0% | -30.8% |
| Item | Amount |
|---|---|
| REVENUE | $31.0B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.5B |
| Other Expenses | $605M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $28.9B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $473M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $690M |
| EBIT | $2.1B |
| EBITDA | $2.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $31.0B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.5B |
| Other Expenses | $605M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $28.9B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $473M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $690M |
| EBIT | $2.1B |
| EBITDA | $2.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $690M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | $289M |
| Other Non-Cash Items | $49M |
| Change in Working Capital | $415M |
| OPERATING CASH FLOW | $3.0B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$7M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $937M |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | -$432M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $13.9B |
| Other Current Assets | $237M |
| TOTAL CURRENT ASSETS | $21.6B |
| PP&E (Net) | $30.7B |
| Goodwill | $631M |
| Intangible Assets | $25M |
| Long-Term Investments | $470M |
| Tax Assets | $0 |
| Other Non-Current Assets | $375M |
| TOTAL NON-CURRENT ASSETS | $32.2B |
| TOTAL ASSETS | $53.8B |
| Account Payables | $15.5B |
| Short-Term Debt | $171M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $21.7B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $479M |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $19.2B |
| TOTAL LIABILITIES | $41.0B |
| Common Stock | $39M |
| Additional Paid-In Capital | $6.4B |
| Retained Earnings | $6.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$553M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $53.8B |
| Total Debt | $16.5B |
| Net Debt | $10.6B |
