| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | $9.3B | $8.5B | 0.6% | 9.5% |
| Op. Income | $2.3B | $2.3B | $2.4B | 4.3% | -1.8% |
| Gross Margin | 49.8% | 48.9% | 50.9% | 0.9pp | -1.1pp |
| Net Margin | 20.4% | 19.7% | 22.7% | 0.7pp | -2.3pp |
| EPS (Diluted) | $4.79 | $4.61 | $4.84 | 3.9% | -1.0% |
| Free Cash Flow | $2.1B | $1.7B | $2.3B | 26.0% | -9.2% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $351M |
| 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 | $9M |
| Interest Expense | $128M |
| Other Income/Expenses | -$175M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $271M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $628M |
| EBIT | $2.3B |
| EBITDA | $2.9B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $351M |
| 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 | $9M |
| Interest Expense | $128M |
| Other Income/Expenses | -$175M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $271M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $628M |
| EBIT | $2.3B |
| EBITDA | $2.9B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $628M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | -$148M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $237M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$524M |
| Acquisitions (Net) | -$94M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$616M |
| Net Debt Issuance | $3.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$102M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $5.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.0B |
| Short-Term Investments | $0 |
| Net Receivables | $6.4B |
| Inventory | $4.9B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $24.7B |
| PP&E (Net) | $7.0B |
| Goodwill | $26.9B |
| Intangible Assets | $11.9B |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $48.9B |
| TOTAL ASSETS | $73.6B |
| Account Payables | $2.3B |
| Short-Term Debt | $19M |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $21.7B |
| Deferred Revenue NC | $822M |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $27.1B |
| TOTAL LIABILITIES | $34.9B |
| Common Stock | $439M |
| Additional Paid-In Capital | $16.0B |
| Retained Earnings | $33.9B |
| Treasury Stock | -$8.9B |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $38.7B |
| TOTAL LIABILITIES & EQUITY | $73.6B |
| Total Debt | $21.7B |
| Net Debt | $9.7B |
