| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | $9.9B | $6.9B | -6.4% | 34.1% |
| Op. Income | $2.3B | $3.1B | $1.4B | -26.8% | 55.6% |
| Gross Margin | 48.9% | 52.5% | 48.9% | -3.6pp | 0.1pp |
| Net Margin | 19.7% | 23.6% | 16.7% | -3.9pp | 3.0pp |
| EPS (Diluted) | $4.61 | $5.88 | $2.90 | -21.6% | 59.0% |
| Free Cash Flow | $1.7B | $1.4B | $1.6B | 25.0% | 4.3% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $343M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $2.3B |
| Interest Income | $11M |
| Interest Expense | $122M |
| Other Income/Expenses | -$204M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $660M |
| EBIT | $2.2B |
| EBITDA | $2.8B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $343M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $2.3B |
| Interest Income | $11M |
| Interest Expense | $122M |
| Other Income/Expenses | -$204M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $660M |
| EBIT | $2.2B |
| EBITDA | $2.8B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $660M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | -$331M |
| Other Non-Cash Items | $145M |
| Change in Working Capital | -$126M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$540M |
| Acquisitions (Net) | -$82M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$626M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$103M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$76M |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $0 |
| Net Receivables | $6.3B |
| Inventory | $4.6B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $19.3B |
| PP&E (Net) | $6.6B |
| Goodwill | $26.9B |
| Intangible Assets | $12.4B |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $48.4B |
| TOTAL ASSETS | $67.7B |
| Account Payables | $2.1B |
| Short-Term Debt | $4M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $18.8B |
| Deferred Revenue NC | $781M |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $23.9B |
| TOTAL LIABILITIES | $30.8B |
| Common Stock | $438M |
| Additional Paid-In Capital | $15.8B |
| Retained Earnings | $32.1B |
| Treasury Stock | -$8.9B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $36.9B |
| TOTAL LIABILITIES & EQUITY | $67.7B |
| Total Debt | $18.8B |
| Net Debt | $11.7B |
