| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.5B | $10.0B | — | 14.3% | — |
| Op. Income | $1.0B | $773M | — | 30.9% | — |
| Gross Margin | 14.0% | 13.1% | — | 0.9pp | — |
| Net Margin | 6.0% | 5.2% | — | 0.8pp | — |
| EPS (Diluted) | $1.90 | $1.44 | — | 31.9% | — |
| Free Cash Flow | $874M | $1.2B | — | -25.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $283M |
| General & Administrative | $280M |
| SG&A Expenses | $563M |
| Other Expenses | $35M |
| Operating Expenses | $598M |
| Cost & Expenses | $10.4B |
| OPERATING INCOME | $1.0B |
| Interest Income | $1M |
| Interest Expense | $124M |
| Other Income/Expenses | -$125M |
| INCOME BEFORE TAX | $887M |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $695M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $692M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $692M |
| D&A | $316M |
| EBIT | $1.0B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $9.8B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $283M |
| General & Administrative | $280M |
| SG&A Expenses | $563M |
| Other Expenses | $35M |
| Operating Expenses | $598M |
| Cost & Expenses | $10.4B |
| OPERATING INCOME | $1.0B |
| Interest Income | $1M |
| Interest Expense | $124M |
| Other Income/Expenses | -$125M |
| INCOME BEFORE TAX | $887M |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $695M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $692M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $692M |
| D&A | $316M |
| EBIT | $1.0B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $695M |
| Depreciation & Amortization | $316M |
| Stock-Based Compensation | $89M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$69M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$292M |
| Acquisitions (Net) | $154M |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$142M |
| NET CASH FROM INVESTING | -$280M |
| Net Debt Issuance | -$707M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$150M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$874M |
| FREE CASH FLOW | $874M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $3.9B |
| Other Current Assets | $367M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $7.6B |
| Goodwill | $10.9B |
| Intangible Assets | $6.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $26.9B |
| TOTAL ASSETS | $34.5B |
| Account Payables | $1.9B |
| Short-Term Debt | $548M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $817M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $10.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $14.8B |
| TOTAL LIABILITIES | $19.1B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $15.1B |
| Treasury Stock | -$4.1B |
| Accum. Other Comp. Income | -$179M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.3B |
| Minority Interest | $132M |
| TOTAL EQUITY | $15.4B |
| TOTAL LIABILITIES & EQUITY | $34.5B |
| Total Debt | $11.3B |
| Net Debt | $9.9B |
