The Company's cash and cash equivalents at the end of the fiscal quarter were $12,163 million, compared to $11,105 million at the end of the prior quarter.
During the fourth fiscal quarter, the Company generated $3,541 million in cash from operations and spent $88 million on capital expenditures.
On September 30, 2021, the Company paid a cash dividend of $3.60 per share of common stock, totaling $1,486 million and a cash dividend of $20.00 per share of mandatory convertible preferred stock, totaling $75 million.
The differences between the Company's GAAP and non-GAAP results are described generally under "Non-GAAP Financial Measures" below, and presented in detail in the financial reconciliation tables attached to this release.
Fiscal Year 2021 Financial Highlights
|
|
| GAAP |
| Non-GAAP | ||||||||||||||
(Dollars in millions, except per share data) |
| FY 21 |
| FY 20 |
| Change |
| FY 21 |
| FY 20 |
| Change | ||||||
Net revenue |
| $ | 27,450 |
| $ | 23,888 |
| +15% |
| $ | 27,450 |
| $ | 23,888 |
| +15% | ||
Net income |
| $ | 6,736 |
| $ | 2,960 |
| +$ | 3,776 |
| $ | 12,578 |
| $ | 9,993 |
| +$ | 2,585 |
Earnings per common share - diluted |
| $ | 15.00 |
| $ | 6.33 |
| +$ | 8.67 |
| $ | 28.01 |
| $ | 22.16 |
| +$ | 5.85 |
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(Dollars in millions) |
|
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|
|
|
|
|
|
|
| FY 21 |
|
| FY 20 |
| Change | |
Cash flow from operations |
|
|
|
|
|
|
|
|
|
|
|
| $ | 13,764 |
| $ | 12,061 |
| +$ | 1,703 |
Adjusted EBITDA |
|
|
|
|
|
|
|
|
|
|
|
| $ | 16,571 |
| $ | 13,643 |
| +$ | 2,928 |
| Free cash flow |
|
|
|
|
|
|
|
|
|
|
|
| $ | 13,321 |
| $ | 11,598 |
| +$ | 1,723 |
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| Net revenue by segment |
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| (Dollars in millions) |
|
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|
|
| FY 21 |
| FY 20 |
| Change | |||||||||
| Semiconductor solutions |
|
|
|
|
|
|
|
|
|
|
|
|
| $ | 20,383 |
| 74% |
| $ | 17,267 |
| 72% |
| +18% | |||
| Infrastructure software |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 7,067 |
| 26 |
|
| 6,621 |
| 28 |
| +7% | |||
| Total net revenue |
|
|
|
|
|
|
|
|
|
|
|
|
| $ | 27,450 |
| 100% |
| $ | 23,888 |
| 100% |
|
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| ||
