| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $5.6B | $5.1B | 3.0% | 11.5% |
| Op. Income | $2.4B | $2.4B | $2.0B | 0.3% | 21.6% |
| Gross Margin | 47.8% | 48.5% | 49.0% | -0.7pp | -1.2pp |
| Net Margin | 29.8% | 30.1% | 26.8% | -0.2pp | 3.0pp |
| EPS (Diluted) | $2.66 | $2.57 | $2.05 | 3.5% | 29.8% |
| Free Cash Flow | $1.5B | $1.5B | $1.9B | 0.6% | -19.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $302M |
| Other Expenses | $0 |
| Operating Expenses | $302M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $1M |
| Interest Expense | $295M |
| Other Income/Expenses | -$212M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $517M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $556M |
| EBIT | $2.4B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $302M |
| Other Expenses | $0 |
| Operating Expenses | $302M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $1M |
| Interest Expense | $295M |
| Other Income/Expenses | -$212M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $517M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $556M |
| EBIT | $2.4B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $556M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $286M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$991M |
| Acquisitions (Net) | $991M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$917M |
| NET CASH FROM INVESTING | -$917M |
| Net Debt Issuance | $321M |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$755M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$255M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $960M |
| Short-Term Investments | $46M |
| Net Receivables | $1.7B |
| Inventory | $621M |
| Other Current Assets | $202M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $56.0B |
| Goodwill | $0 |
| Intangible Assets | $686M |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $60.0B |
| TOTAL ASSETS | $63.5B |
| Account Payables | $752M |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $27.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12.7B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $43.6B |
| TOTAL LIABILITIES | $49.4B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $55.0B |
| Treasury Stock | -$47.7B |
| Accum. Other Comp. Income | -$914M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.2B |
| TOTAL LIABILITIES & EQUITY | $63.5B |
| Total Debt | $31.5B |
| Net Debt | $30.5B |
