Segment
Revenue
Share
Semiconductor solutions
17,368
77%
Infrastructure software
5,229
23%
Total
22,597
100%
Category
Revenue
Share
China
8,056
36%
Other countries
7,799
35%
United States
4,235
19%
Singapore
2,507
11%
Total
22,597
100%
Current Assets to Current Liabilities
Working Capital to Debt
Equity to Debt
Income statement
 Normalized   
 As reported
  All numbers in $ millions , except per share amounts
Fiscal Year
2020 2019 2018 2017
Revenue
23,888 22,597 20,848 17,636
Operating Income
4,014 3,444 5,135 2,371
Unusual gains/expenses*
8,440
Net Income
2,663 2,695 12,259 1,692
EPS Diluted
6.33 6.43 28.44 4.02
* 2018 Income tax benefit of $7,278 million due to U.S. Tax Cuts and Jobs Act and income tax benefit of $1,162 million primarily as a result of the Redomiciliation Transaction
Income statement
 Normalized   
 As reported
  All numbers in $ millions , except per share amounts
Fiscal Year
2020 2019 2018 2017
Revenue
23,888 22,597 20,848 17,636
Operating Income
4,014 3,444 5,135 2,371
Net Income
2,663 2,695 3,819 1,692
EPS Diluted
6.33 6.43 8.86 4.02
Test prices
349.63 296.59 220.77 252.9
Test pe
55.23 46.13 24.92 62.91
Test P/FCF
12.68 13.42 11.54 19.42
Fiscal Year
2020 2019 2018 2017
Operating cash flow
12,061 9,697 8,880 6,551
Capital expenses
-463 -432 -635 -1,069
Free cash flow*
11,598 9,265 8,245 5,482
Fiscal Year
2020 2019 2018
Net income
2,663 2,695 12,259
Interest expense
1,777 1,444 628
Income tax expense
-518 -510 -8,084
Depreciation and amortization
6,905 5,808 4,081
EBITDA*
10,827 9,437 8,884
*EBITDA = Earnings + interest + taxes + depreciation + amortization
Fiscal Year
2020 2019 2018
Operating Income
4,014 3,444 5,135
Depreciation and amortization
6,905 5,808 4,081
OIBDA*
10,919 9,252 9,216
*Operating income before depreciation and amortization
Fiscal Year
2020 2019
Assets
75,933 67,493
Liabilities
52,032 42,523
Shareholders equity
23,874 24,941
Price-to-Book ratio*
n/a
Fiscal Year
2020 2019
Current assets
11,895 9,917
Current liabilities
6,371 6,899
CA/CL ratio
1.9 1.4
Working capital
5,524 3,018
Fiscal Year
2020 2019
Working capital
5,524 3,018
Short-term debt
827 2,787
Long-term debt
40,235 30,011
Total debt
41,062 32,798
Working capital / Debt ratio
0.1 0.09
Cash flow statement
See all
Fiscal Year
2020 2019 2018 2017
Operating
12,061 9,697 8,880 6,551
Investing
-11,109 -15,422 -4,674 -674
Financing
1,611 6,488 -11,118 2,230
Free cash flow to Debt
See all
Fiscal Year
2020 2019 2018 2017
Free cash flow
11,598 9,265 8,245 5,482
Total debt
FCF to Debt
Fiscal Year
2020 2019 2018 2017
Equity
23,874 24,941
Total debt
Invested capital
Fiscal Year
2020 2019 2018 2017
Operating income
4,014 3,444 5,135 2,371
Income taxes
-518 -510 -8,084
NOPAT*
*Net operating profit after tax
Return on capital*
See all
Fiscal Year
TTM -1 -2 -3
NOPAT
Invested capital
ROIC*
*Return on invested capital