| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.2B | — | $30.2B | — | -3.3% |
| Op. Income | $4.2B | — | $4.8B | — | -11.8% |
| Gross Margin | -14.7% | — | -12.6% | — | -2.1pp |
| Net Margin | 9.2% | — | 10.1% | — | -0.9pp |
| EPS (Diluted) | $1.02 | — | $1.17 | — | -13.0% |
| Free Cash Flow | $5.9B | — | $5.8B | — | 2.6% |
| Item | Amount |
|---|---|
| REVENUE | $29.2B |
| Cost of Revenue | $33.5B |
| GROSS PROFIT | -$4.3B |
| R&D Expenses | $935M |
| Selling & Marketing | $8.3B |
| General & Administrative | $5.6B |
| SG&A Expenses | $13.9B |
| Other Expenses | -$23.4B |
| Operating Expenses | -$8.5B |
| Cost & Expenses | $25.0B |
| OPERATING INCOME | $4.2B |
| Interest Income | $243M |
| Interest Expense | $0 |
| Other Income/Expenses | -$196M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $345M |
| EBIT | $5.0B |
| EBITDA | $5.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $879M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $811M |
| Change in Working Capital | $2.0B |
| OPERATING CASH FLOW | $6.5B |
| Capital Expenditure | -$516M |
| Acquisitions (Net) | -$939M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $402M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$1.8B |
| NET CASH FROM FINANCING | -$4.3B |
| FREE CASH FLOW | $5.9B |
| Net Change in Cash | $810M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $876M |
| Net Receivables | $4.0B |
| Inventory | $5.2B |
| Other Current Assets | $8.5B |
| TOTAL CURRENT ASSETS | $18.9B |
| PP&E (Net) | $12.3B |
| Goodwill | $22.1B |
| Intangible Assets | $18.7B |
| Long-Term Investments | $6M |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $60.2B |
| TOTAL ASSETS | $79.1B |
| Account Payables | $9.8B |
| Short-Term Debt | $4.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $427M |
| TOTAL CURRENT LIABILITIES | $24.1B |
| Long-Term Debt | $24.7B |
| Deferred Revenue NC | $4.1B |
| Deferred Tax Liabilities | $3.7B |
| Other Non-Current Liabilities | $275M |
| TOTAL NON-CURRENT LIABILITIES | $34.4B |
| TOTAL LIABILITIES | $58.5B |
| Common Stock | $108M |
| Additional Paid-In Capital | $85.9B |
| Retained Earnings | $26.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$94.5B |
| Other Equity | -$94.5B |
| TOTAL STOCKHOLDERS' EQUITY | $17.8B |
| Minority Interest | $2.8B |
| TOTAL EQUITY | $20.6B |
| TOTAL LIABILITIES & EQUITY | $79.1B |
| Total Debt | $31.3B |
| Net Debt | $24.8B |
