2021 Q1 Form 10-Q Financial Statement

#000000620121000054 Filed on April 22, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $4.008B $8.515B
YoY Change -52.93% -19.55%
Cost Of Revenue $2.333B $3.843B
YoY Change -39.29% -7.33%
Gross Profit $1.675B $4.672B
YoY Change -64.15% -27.42%
Gross Profit Margin 41.79% 54.87%
Selling, General & Admin $2.881B $3.996B
YoY Change -27.9% 0.88%
% of Gross Profit 172.0% 85.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $546.0M $643.0M
YoY Change -15.09% 15.03%
% of Gross Profit 32.6% 13.76%
Operating Expenses $4.698B $5.996B
YoY Change -21.65% 1.22%
Operating Profit -$1.315B -$2.549B
YoY Change -48.41% -779.73%
Interest Expense $371.0M $257.0M
YoY Change 44.36% -5.17%
% of Operating Profit
Other Income/Expense, Net -$258.0M -$341.0M
YoY Change -24.34% 162.31%
Pretax Income -$1.573B -$2.890B
YoY Change -45.57% -1279.59%
Income Tax -$323.0M -$649.0M
% Of Pretax Income
Net Earnings -$1.250B -$2.241B
YoY Change -44.22% -1311.35%
Net Earnings / Revenue -31.19% -26.32%
Basic Earnings Per Share -$1.97 -$5.26
Diluted Earnings Per Share -$1.97 -$5.26
COMMON SHARES
Basic Shares Outstanding 634.6M shares 425.7M shares
Diluted Shares Outstanding 634.6M shares 425.7M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.20B $3.588B
YoY Change 295.65% -17.71%
Cash & Equivalents $434.0M $486.0M
Short-Term Investments $13.76B $3.102B
Other Short-Term Assets $1.421B $807.0M
YoY Change 76.08% 5.77%
Inventory $1.658B $1.772B
Prepaid Expenses
Receivables $971.0M $1.020B
Other Receivables $0.00 $0.00
Total Short-Term Assets $18.09B $7.175B
YoY Change 152.11% -17.09%
LONG-TERM ASSETS
Property, Plant & Equipment $38.90B $34.21B
YoY Change 13.71% -0.59%
Goodwill $4.091B $4.100B
YoY Change -0.22% 0.22%
Intangibles $2.019B $2.059B
YoY Change -1.94% -2.65%
Long-Term Investments $201.0M $122.0M
YoY Change 64.75% -53.96%
Other Assets $11.66B $8.580B
YoY Change 35.93% -0.22%
Total Long-Term Assets $50.56B $51.41B
YoY Change -1.64% -1.4%
TOTAL ASSETS
Total Short-Term Assets $18.09B $7.175B
Total Long-Term Assets $50.56B $51.41B
Total Assets $68.65B $58.58B
YoY Change 17.19% -3.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.624B $1.648B
YoY Change -1.46% -22.95%
Accrued Expenses $5.344B $5.480B
YoY Change -2.48% 8.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.339B $3.415B
YoY Change -31.51% 3.93%
Total Short-Term Liabilities $17.33B $19.21B
YoY Change -9.79% -3.2%
LONG-TERM LIABILITIES
Long-Term Debt $37.25B $21.56B
YoY Change 72.73% 4.38%
Other Long-Term Liabilities $1.456B $1.336B
YoY Change 8.98% -4.3%
Total Long-Term Liabilities $59.26B $42.00B
YoY Change 41.09% 1.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.33B $19.21B
Total Long-Term Liabilities $59.26B $42.00B
Total Liabilities $76.59B $61.22B
YoY Change 25.12% -0.34%
SHAREHOLDERS EQUITY
Retained Earnings -$7.895B -$21.00M
YoY Change 37495.24% -102.34%
Common Stock $6.986B $3.865B
YoY Change 80.75% -11.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.945B -$2.636B
YoY Change
Total Liabilities & Shareholders Equity $68.65B $58.58B
YoY Change 17.19% -3.63%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$1.250B -$2.241B
YoY Change -44.22% -1311.35%
Depreciation, Depletion And Amortization $546.0M $643.0M
YoY Change -15.09% 15.03%
Cash From Operating Activities $174.0M -$168.0M
YoY Change -203.57% -110.18%
INVESTING ACTIVITIES
Capital Expenditures -$845.0M
YoY Change -35.25%
Acquisitions
YoY Change
Other Investing Activities $42.00M $49.00M
YoY Change -14.29% 226.67%
Cash From Investing Activities -$7.152B -$162.0M
YoY Change 4314.81% -66.25%
FINANCING ACTIVITIES
Cash Dividend Paid $43.00M
YoY Change -6.52%
Common Stock Issuance & Retirement, Net $13.00M $171.0M
YoY Change -92.4% -71.88%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $7.013B $526.0M
YoY Change 1233.27% -147.43%
NET CHANGE
Cash From Operating Activities $174.0M -$168.0M
Cash From Investing Activities -$7.152B -$162.0M
Cash From Financing Activities $7.013B $526.0M
Net Change In Cash $35.00M $196.0M
YoY Change -82.14% 216.13%
FREE CASH FLOW
Cash From Operating Activities $174.0M -$168.0M
Capital Expenditures -$845.0M
Free Cash Flow $677.0M
YoY Change -77.1%

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CY2021Q1 aal Number Of Team Members Opting For Early Retirement Or Long Term Paid Leave
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CY2021Q1 aal Line Of Credit Facility Covenant Terms Minimum Aggregate Liquidity Required
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CY2021Q1 aal Restructuring And Other Net
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CY2021Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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CY2021Q1 us-gaap Contract With Customer Liability
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