| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $7.89B | $7.41B | $8.17B | $9.11B | $9.98B |
| Cost of Revenue | $3.96B | $3.81B | $4.13B | $4.88B | $5.01B |
| Gross Profit | $3.93B | $3.61B | $4.04B | $4.23B | $4.97B |
| Gross Margin % | 49.84% | 48.66% | 49.44% | 46.41% | 49.81% |
| Operating Expenses | |||||
| R&D Expenses | $687.00M | $686.00M | $734.00M | $779.00M | $858.00M |
| SG&A Expenses | $1.40B | $1.29B | $1.35B | $1.45B | $1.56B |
| Other Operating Expenses | $209.00M | $215.00M | $236.00M | $257.00M | $258.00M |
| Total Operating Expenses | $2.30B | $2.19B | $2.32B | $2.49B | $2.68B |
| Operating Performance | |||||
| Operating Income | $1.58B | $1.38B | $1.67B | $1.66B | $2.29B |
| Operating Margin % | 20.05% | 18.65% | 20.40% | 18.23% | 22.99% |
| EBITDA | $1.63B | $1.81B | $2.20B | $2.31B | $2.81B |
| EBITDA Margin % | 20.65% | 24.44% | 26.92% | 25.33% | 28.18% |
| Other Income/Expenses | |||||
| Interest Expense | $237.00M | $233.00M | $215.00M | $240.00M | $249.00M |
| Other Income/Expenses Net | $-580.00M | $-209.00M | $-115.00M | $-146.00M | $-148.00M |
| Income Before Tax | $1.00B | $1.17B | $1.55B | $1.52B | $2.15B |
| Income Tax Expense | $130.00M | $221.00M | $302.00M | $148.00M | $432.00M |
| Net Performance | |||||
| Net Income | $868.00M | $949.00M | $1.25B | $1.36B | $1.71B |
| Net Margin % | 11.01% | 12.80% | 15.24% | 14.96% | 17.13% |
| EPS | $5.21 | $5.58 | $7.32 | $8.14 | $10.23 |
| Diluted EPS | $4.95 | $5.45 | $7.32 | $7.93 | $9.93 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $1.00B | $1.25B | $1.87B | $1.33B | $1.71B |
| Short Term Investments | - | $158.00M | - | - | - |
| Net Receivables | $2.56B | $2.40B | $2.56B | $2.63B | $2.88B |
| Inventory | $447.00M | $508.00M | $788.00M | $1.06B | $827.00M |
| Other Current Assets | $171.00M | $9.00M | $188.00M | $242.00M | $309.00M |
| Total Current Assets | $4.18B | $4.33B | $5.41B | $5.26B | $5.73B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $1.55B | $1.49B | $1.42B | $1.41B | $1.46B |
| Long Term Investments | $159.00M | $158.00M | $209.00M | $147.00M | $277.00M |
| Tax Assets | $943.00M | $966.00M | $916.00M | $1.04B | $1.06B |
| Other Non-Current Assets | $422.00M | $482.00M | $558.00M | $310.00M | $157.00M |
| Total Non-Current Assets | $6.46B | $6.55B | $6.78B | $7.56B | $7.61B |
| Total Assets | |||||
| Total Assets | $10.64B | $10.88B | $12.19B | $12.81B | $13.34B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $779.00M | $776.00M | $1.09B | $1.21B | $881.00M |
| Short Term Debt | $16.00M | $12.00M | $129.00M | $119.00M | $1.44B |
| Tax Payables | - | - | $183.00M | $367.00M | $231.00M |
| Deferred Revenue | $1.45B | $1.55B | $1.65B | $1.86B | $2.04B |
| Other Current Liabilities | $1.20B | $1.15B | $1.02B | $1.38B | $1.15B |
| Total Current Liabilities | $3.44B | $3.49B | $4.06B | $4.56B | $5.74B |
| Non-Current Liabilities | |||||
| Long Term Debt | $5.11B | $5.16B | $6.00B | $6.43B | $5.11B |
| Other Non-Current Liabilities | $2.32B | $2.30B | $1.66B | $1.26B | $1.27B |
| Total Non-Current Liabilities | $7.89B | $7.93B | $8.15B | $8.12B | $6.86B |
| Total Liabilities | |||||
| Total Liabilities | $11.33B | $11.42B | $12.21B | $12.68B | $12.60B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $1.24B | $1.13B | $1.35B | $1.34B | $1.64B |
| Accumulated Other Comprehensive Income/Loss | $-2.44B | $-2.45B | $-2.38B | $-2.54B | $-2.54B |
| Total Shareholders Equity | $-700.00M | $-558.00M | $-40.00M | $116.00M | $724.00M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $10.63B | $10.86B | $12.17B | $12.81B | $13.34B |
| Total Debt | $5.13B | $5.18B | $6.13B | $6.55B | $6.55B |
| Net Debt | $4.13B | $3.92B | $4.26B | $5.23B | $4.85B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $868.00M | $949.00M | $1.25B | $1.37B | $1.71B |
| Depreciation & Amortization | $394.00M | $409.00M | $438.00M | $440.00M | $417.00M |
| Stock Based Compensation | $118.00M | $129.00M | $129.00M | $172.00M | $212.00M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-79.00M | $90.00M | $3.00M | $-112.00M | $-180.00M |
| Change in Inventory | $-74.00M | $-14.00M | $-284.00M | $-242.00M | $200.00M |
| Change in Accounts Payable | - | - | $578.00M | $451.00M | $-144.00M |
| Other Working Capital Changes | $-5.00M | $-25.00M | $-126.00M | $-426.00M | $-120.00M |
| Total Working Capital Change | $89.00M | $102.00M | $-34.00M | $-329.00M | $-244.00M |
| Other Operating | |||||
| Other Non-Cash Items | $438.00M | $49.00M | $25.00M | $507.00M | $-18.00M |
| Net Cash from Operations | $1.82B | $1.61B | $1.84B | $1.82B | $2.04B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-256.00M | $-253.00M |
| Purchase of Investments | - | - | - | $1.17B | $-180.00M |
| Sale of Investments | $16.00M | $11.00M | $16.00M | $46.00M | $19.00M |
| Other Investing Activities | $-241.00M | $-161.00M | $-237.00M | $-1.17B | $180.00M |
| Net Cash from Investing | $-934.00M | $-437.00M | $-742.00M | $-1.39B | $-414.00M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-2.37B | $-1.71B | $-353.00M | $-285.00M | $-1.00M |
| Stock Repurchases | $-315.00M | $-612.00M | $-528.00M | $-836.00M | $-804.00M |
| Dividends Paid | $-379.00M | $-436.00M | $-482.00M | $-530.00M | $-589.00M |
| Other Financing Activities | $1.80B | $1.69B | $832.00M | $589.00M | $-5.00M |
| Net Cash from Financing | $-1.14B | $-966.00M | $-429.00M | $-906.00M | $-1.30B |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-256.00M | $253.00M | $620.00M | $-549.00M | $380.00M |
| Cash at Beginning of Period | $1.26B | $1.00B | $1.25B | $1.87B | $1.33B |
| Cash at End of Period | $1.00B | $1.25B | $1.87B | $1.33B | $1.71B |
| Key Metrics | |||||
| Operating Cash Flow | $1.82B | $1.61B | $1.84B | $1.82B | $2.04B |
| Capital Expenditure | $-248.00M | $-217.00M | $-243.00M | $-256.00M | $-253.00M |
| Free Cash Flow | $1.58B | $1.40B | $1.59B | $1.57B | $1.79B |