2023 Q4 Form 10-K Financial Statement

#000032019323000106 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2023
Revenue $119.6B $81.80B $383.3B
YoY Change 2.07% -9.26% -2.8%
Cost Of Revenue $64.72B $45.38B $214.1B
YoY Change -3.15% -12.81% -4.21%
Gross Profit $54.86B $36.41B $169.1B
YoY Change 8.99% -4.42% -0.96%
Gross Profit Margin 45.87% 44.52% 44.13%
Selling, General & Admin $6.786B $5.973B $24.93B
YoY Change 2.71% -7.25% -0.65%
% of Gross Profit 12.37% 16.4% 14.74%
Research & Development $7.696B $7.442B $29.92B
YoY Change -0.17% 10.07% 13.96%
% of Gross Profit 14.03% 20.44% 17.69%
Depreciation & Amortization $2.848B $3.052B $11.52B
YoY Change -2.33% 6.53% 3.74%
% of Gross Profit 5.19% 8.38% 6.81%
Operating Expenses $14.48B $13.42B $54.85B
YoY Change 1.16% 1.62% 6.82%
Operating Profit $40.37B $23.00B $114.3B
YoY Change 12.1% -7.62% -4.3%
Interest Expense -$18.00M $3.933B
YoY Change -75.68% 34.19%
% of Operating Profit -0.08% 3.44%
Other Income/Expense, Net -$50.00M -$247.0M -$565.0M
YoY Change -87.28% 4.22% 69.16%
Pretax Income $40.32B $22.73B $113.7B
YoY Change 13.19% -7.8% -4.51%
Income Tax $6.407B $2.852B $16.74B
% Of Pretax Income 15.89% 12.55% 14.72%
Net Earnings $33.92B $19.88B $97.00B
YoY Change 13.06% -4.05% -2.81%
Net Earnings / Revenue 28.36% 24.31% 25.31%
Basic Earnings Per Share $2.19 $1.27 $6.16
Diluted Earnings Per Share $2.18 $1.26 $6.13
COMMON SHARES
Basic Shares Outstanding 15.55B shares 15.70B shares 15.74B shares
Diluted Shares Outstanding 15.58B shares 15.78B shares 15.81B shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $73.10B $62.48B $61.56B
YoY Change 42.34% 29.35% 27.43%
Cash & Equivalents $40.76B $3.071B $1.606B
Short-Term Investments $32.34B $34.07B $31.59B
Other Short-Term Assets $13.98B $13.64B $14.70B
YoY Change -14.88% -35.73% -30.76%
Inventory $6.511B $7.351B $6.331B
Prepaid Expenses
Receivables $23.19B $19.55B $29.51B
Other Receivables $26.91B $19.64B $31.48B
Total Short-Term Assets $143.7B $122.7B $143.6B
YoY Change 11.58% -9.41% 6.03%
LONG-TERM ASSETS
Property, Plant & Equipment $43.67B $43.55B $54.38B
YoY Change 1.66% 3.4% 29.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $99.48B $104.1B $100.5B
YoY Change -12.81% -13.86% -16.77%
Other Assets $66.68B $64.77B $54.10B
YoY Change 9.45% 19.0% -0.61%
Total Long-Term Assets $209.8B $212.4B $209.0B
YoY Change -3.74% -2.29% -3.83%
TOTAL ASSETS
Total Short-Term Assets $143.7B $122.7B $143.6B
Total Long-Term Assets $209.8B $212.4B $209.0B
Total Assets $353.5B $335.0B $352.6B
YoY Change 1.95% -5.02% -0.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.15B $46.70B $62.61B
YoY Change 0.39% -27.16% -2.35%
Accrued Expenses $1.410B
YoY Change -8.08%
Deferred Revenue $8.264B $8.158B
YoY Change 3.4% 3.11%
Short-Term Debt $1.998B $3.993B $5.985B
YoY Change 14.63% -60.0% -40.04%
Long-Term Debt Due $10.95B $7.216B $9.987B
YoY Change 12.46% -35.15% -10.25%
Total Short-Term Liabilities $134.0B $125.0B $145.3B
YoY Change -2.41% -18.85% -5.63%
LONG-TERM LIABILITIES
Long-Term Debt $95.09B $98.07B $96.14B
YoY Change -4.56% -0.9% -2.85%
Other Long-Term Liabilities $50.35B $51.73B $48.99B
YoY Change -5.19% 5.27% -0.31%
Total Long-Term Liabilities $145.4B $149.8B $145.1B
YoY Change -4.77% 1.15% -2.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $134.0B $125.0B $145.3B
Total Long-Term Liabilities $145.4B $149.8B $145.1B
Total Liabilities $279.4B $274.8B $290.4B
YoY Change -3.66% -9.04% -3.86%
SHAREHOLDERS EQUITY
Retained Earnings $8.242B $1.408B
YoY Change 154.38% -145.89%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $74.10B $60.27B $62.15B
YoY Change
Total Liabilities & Shareholders Equity $353.5B $335.0B $352.6B
YoY Change 1.95% -5.02% -0.05%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2023
OPERATING ACTIVITIES
Net Income $33.92B $19.88B $97.00B
YoY Change 13.06% -4.05% -2.81%
Depreciation, Depletion And Amortization $2.848B $3.052B $11.52B
YoY Change -2.33% 6.53% 3.74%
Cash From Operating Activities $39.90B $26.38B $110.5B
YoY Change 17.32% 9.34% -9.5%
INVESTING ACTIVITIES
Capital Expenditures $2.392B $2.093B $10.96B
YoY Change -163.16% -163.64% 2.34%
Acquisitions
YoY Change
Other Investing Activities $284.0M $2.530B $1.337B
YoY Change -87.87% 22.1% -24.89%
Cash From Investing Activities $1.927B $437.0M $3.705B
YoY Change -233.36% -135.91% -116.57%
FINANCING ACTIVITIES
Cash Dividend Paid $3.825B $15.03B
YoY Change 1.24%
Common Stock Issuance & Retirement, Net -$17.48B $77.55B
YoY Change -13.26%
Debt Paid & Issued, Net $0.00 $11.15B
YoY Change 16.85%
Cash From Financing Activities -$30.59B -24.05B -$108.5B
YoY Change -14.0% -10.25% -2.04%
NET CHANGE
Cash From Operating Activities $39.90B 26.38B $110.5B
Cash From Investing Activities $1.927B 437.0M $3.705B
Cash From Financing Activities -$30.59B -24.05B -$108.5B
Net Change In Cash $11.24B 2.769B $5.760B
YoY Change -474.19% -171.29% -152.59%
FREE CASH FLOW
Cash From Operating Activities $39.90B $26.38B $110.5B
Capital Expenditures $2.392B $2.093B $10.96B
Free Cash Flow $37.50B $24.29B $99.58B
YoY Change -0.76% -11.41% -10.64%

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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
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false
CY2023 dei Auditor Firm
AuditorFirmId
42

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