| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.2B | $10.5B | $11.1B | 16.8% | 9.7% |
| Op. Income | $1.3B | $1.1B | $1.2B | 18.1% | 12.9% |
| Gross Margin | 28.4% | 28.8% | 27.8% | -0.4pp | 0.6pp |
| Net Margin | 8.1% | 7.9% | 7.6% | 0.1pp | 0.5pp |
| EPS (Diluted) | $0.81 | $0.68 | $0.68 | 19.1% | 19.1% |
| Free Cash Flow | $2.0B | $560M | $1.4B | 250.7% | 44.5% |
| Item | Amount |
|---|---|
| REVENUE | $12.2B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.1B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $12M |
| Interest Expense | $15M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $341M |
| Net Income from Continuing Ops | $985M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $985M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $985M |
| D&A | $220M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.2B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.1B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $12M |
| Interest Expense | $15M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $341M |
| Net Income from Continuing Ops | $985M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $985M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $985M |
| D&A | $220M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $985M |
| Depreciation & Amortization | $220M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$48M |
| Other Non-Cash Items | -$83M |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$230M |
| Acquisitions (Net) | $1.2B |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$464M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$362M |
| Common Dividends Paid | -$276M |
| Other Financing Activities | -$126.0K |
| NET CASH FROM FINANCING | -$581M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $0 |
| Net Receivables | $386M |
| Inventory | $4.9B |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $14.4B |
| Goodwill | $96M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $761M |
| TOTAL NON-CURRENT ASSETS | $15.3B |
| TOTAL ASSETS | $24.1B |
| Account Payables | $2.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $398M |
| Other Non-Current Liabilities | $596M |
| TOTAL NON-CURRENT LIABILITIES | $11.0B |
| TOTAL LIABILITIES | $18.2B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$673M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $24.1B |
| Total Debt | $11.5B |
| Net Debt | $8.2B |
