Reported September 29, 2021
| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $1.9B | 2.9% | 10.5% |
| Op. Income | $733M | $689M | $622M | 6.5% | 17.9% |
| Gross Margin | 70.3% | 71.2% | 69.3% | -0.9pp | 1.0pp |
| Net Margin | 17.6% | 18.1% | 17.2% | -0.6pp | 0.4pp |
| EPS (Diluted) | $0.37 | $0.38 | $0.33 | -0.2% | 12.8% |
| Free Cash Flow | $653M | $465M | $577M | 40.4% | 13.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $628M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $271M |
| SG&A Expenses | $319M |
| Other Expenses | $433M |
| Operating Expenses | $752M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $733M |
| Interest Income | $7M |
| Interest Expense | $76M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $663M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $505M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $371M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $433M |
| EBIT | $739M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $628M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $271M |
| SG&A Expenses | $319M |
| Other Expenses | $433M |
| Operating Expenses | $752M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $733M |
| Interest Income | $7M |
| Interest Expense | $76M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $663M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $505M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $371M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $371M |
| D&A | $433M |
| EBIT | $739M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $371M |
| Depreciation & Amortization | $433M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $230M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$381M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$447M |
| Net Debt Issuance | -$728M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$721M |
| Other Financing Activities | $346.8K |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $653M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $36M |
| Net Receivables | $786M |
| Inventory | $48M |
| Other Current Assets | $386M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $10.0B |
| Goodwill | $79M |
| Intangible Assets | $765M |
| Long-Term Investments | $590M |
| Tax Assets | $207M |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $11.9B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $787M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $573M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $65M |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $866M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $286M |
| Additional Paid-In Capital | $157M |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $886M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $815M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $4.0B |
| Net Debt | $2.9B |