| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65.5B | $65.1B | $60.9B | 0.5% | 7.5% |
| Op. Income | $3.5B | $4.7B | $5.1B | -24.4% | -31.0% |
| Gross Margin | 24.1% | 23.9% | 24.8% | 0.2pp | -0.7pp |
| Net Margin | 3.4% | 4.9% | 5.8% | -1.5pp | -2.4pp |
| EPS (Diluted) | $2.30 | $3.30 | $3.68 | -30.3% | -37.5% |
| Free Cash Flow | $5.5B | $2.6B | $5.6B | 115.1% | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $65.5B |
| Cost of Revenue | $49.7B |
| GROSS PROFIT | $15.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $12.2B |
| Operating Expenses | $12.2B |
| Cost & Expenses | $62.0B |
| OPERATING INCOME | $3.5B |
| Interest Income | $0 |
| Interest Expense | $401M |
| Other Income/Expenses | -$401M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $764M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $732M |
| EBIT | $3.5B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $65.5B |
| Cost of Revenue | $49.7B |
| GROSS PROFIT | $15.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $12.2B |
| Operating Expenses | $12.2B |
| Cost & Expenses | $62.0B |
| OPERATING INCOME | $3.5B |
| Interest Income | $0 |
| Interest Expense | $401M |
| Other Income/Expenses | -$401M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $764M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $732M |
| EBIT | $3.5B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $732M |
| Stock-Based Compensation | $152M |
| Deferred Income Tax | -$127M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $3.1B |
| OPERATING CASH FLOW | $6.1B |
| Capital Expenditure | -$574M |
| Acquisitions (Net) | -$2.8B |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $3.6B |
| Other Investing Activities | -$3.9B |
| NET CASH FROM INVESTING | -$5.2B |
| Net Debt Issuance | -$355M |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $5.5B |
| Net Change in Cash | -$629M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.9B |
| Short-Term Investments | $2.9B |
| Net Receivables | $12.9B |
| Inventory | $0 |
| Other Current Assets | $21.1B |
| TOTAL CURRENT ASSETS | $53.7B |
| PP&E (Net) | $8.6B |
| Goodwill | $71.3B |
| Intangible Assets | $10.9B |
| Long-Term Investments | $41.2B |
| Tax Assets | -$90.8B |
| Other Non-Current Assets | $102.3B |
| TOTAL NON-CURRENT ASSETS | $143.6B |
| TOTAL ASSETS | $197.3B |
| Account Payables | $44.4B |
| Short-Term Debt | $4.8B |
| Deferred Revenue | $2.8B |
| Other Current Liabilities | $20.4B |
| TOTAL CURRENT LIABILITIES | $72.4B |
| Long-Term Debt | $38.6B |
| Deferred Revenue NC | -$3.4B |
| Deferred Tax Liabilities | $3.4B |
| Other Non-Current Liabilities | $15.7B |
| TOTAL NON-CURRENT LIABILITIES | $54.3B |
| TOTAL LIABILITIES | $126.8B |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $69.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.5B |
| Minority Interest | $5.0B |
| TOTAL EQUITY | $70.5B |
| TOTAL LIABILITIES & EQUITY | $197.3B |
| Total Debt | $43.5B |
| Net Debt | $26.5B |
