2013 Form 10-K Financial Statement
#000104746915000995 Filed on February 20, 2015
Income Statement
| Concept | 2013 | 2012 |
|---|---|---|
| Revenue | $18.79B | $18.38B |
| YoY Change | 2.23% | 5.37% |
| Cost Of Revenue | $4.581B | $4.508B |
| YoY Change | 1.62% | -2.82% |
| Gross Profit | $14.21B | $13.87B |
| YoY Change | 2.43% | 8.33% |
| Gross Profit Margin | 75.62% | 75.47% |
| Selling, General & Admin | $5.352B | $4.989B |
| YoY Change | 7.28% | -15.35% |
| % of Gross Profit | 37.67% | 35.96% |
| Research & Development | $2.855B | $2.778B |
| YoY Change | 2.77% | 6.11% |
| % of Gross Profit | 20.09% | 20.03% |
| Depreciation & Amortization | $388.0M | $525.0M |
| YoY Change | -26.1% | 3.35% |
| % of Gross Profit | 2.73% | 3.78% |
| Operating Expenses | $8.207B | $7.767B |
| YoY Change | 5.66% | -8.75% |
| Operating Profit | $5.664B | $5.817B |
| YoY Change | -2.63% | 60.69% |
| Interest Expense | $299.0M | $104.0M |
| YoY Change | 187.5% | 420.0% |
| % of Operating Profit | 5.28% | 1.79% |
| Other Income/Expense, Net | $1.000M | $9.000M |
| YoY Change | -88.89% | -550.0% |
| Pretax Income | $5.332B | $5.725B |
| YoY Change | -6.86% | 56.08% |
| Income Tax | $1.204B | $450.0M |
| % Of Pretax Income | 22.58% | 7.86% |
| Net Earnings | $4.128B | $5.275B |
| YoY Change | -21.74% | 53.66% |
| Net Earnings / Revenue | 21.97% | 28.7% |
| Basic Earnings Per Share | $2.58 | $3.35 |
| Diluted Earnings Per Share | $2.56 | $3.35 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.589B shares | 1.577B shares |
| Diluted Shares Outstanding | 1.604B | 1.577B |
Balance Sheet
| Concept | 2013 | 2012 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $9.895B | $7.976B |
| YoY Change | 24.06% | 1121.44% |
| Cash & Equivalents | $9.595B | $5.901B |
| Short-Term Investments | $300.0M | $2.075B |
| Other Short-Term Assets | $2.000B | $1.989B |
| YoY Change | 0.55% | -1.14% |
| Inventory | $1.150B | $1.091B |
| Prepaid Expenses | ||
| Receivables | $3.854B | $4.298B |
| Other Receivables | $949.0M | $0.00 |
| Total Short-Term Assets | $17.85B | $15.35B |
| YoY Change | 16.24% | 108.78% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.298B | $2.247B |
| YoY Change | 2.27% | 4.8% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $118.0M | $119.0M |
| YoY Change | -0.84% | -48.03% |
| Other Assets | $767.0M | $835.0M |
| YoY Change | -8.14% | 6.51% |
| Total Long-Term Assets | $11.35B | $11.65B |
| YoY Change | -2.61% | -4.22% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $17.85B | $15.35B |
| Total Long-Term Assets | $11.35B | $11.65B |
| Total Assets | $29.20B | $27.01B |
| YoY Change | 8.11% | 38.35% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $6.375B | $5.734B |
| YoY Change | 11.18% | 1275.06% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $413.0M | $1.020B |
| YoY Change | -59.51% | |
| Long-Term Debt Due | $18.00M | $22.00M |
| YoY Change | -18.18% | 37.5% |
| Total Short-Term Liabilities | $6.879B | $6.776B |
| YoY Change | 1.52% | 14.91% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $14.29B | $14.63B |
| YoY Change | -2.31% | 45618.75% |
| Other Long-Term Liabilities | $3.535B | $2.239B |
| YoY Change | 57.88% | 34.88% |
| Total Long-Term Liabilities | $17.83B | $16.87B |
| YoY Change | 5.68% | 896.99% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.879B | $6.776B |
| Total Long-Term Liabilities | $17.83B | $16.87B |
| Total Liabilities | $24.71B | $23.65B |
| YoY Change | 4.49% | 211.57% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $4.492B | $3.363B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $29.20B | $27.01B |
| YoY Change | 8.11% | 38.35% |
Cashflow Statement
| Concept | 2013 | 2012 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $4.128B | $5.275B |
| YoY Change | -21.74% | 53.66% |
| Depreciation, Depletion And Amortization | $388.0M | $525.0M |
| YoY Change | -26.1% | 3.35% |
| Cash From Operating Activities | $6.267B | $6.345B |
| YoY Change | -1.23% | 1.57% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $491.0M | $333.0M |
| YoY Change | 47.45% | -6.46% |
| Acquisitions | $405.0M | $688.0M |
| YoY Change | -41.13% | 152.01% |
| Other Investing Activities | $1.370B | -$2.085B |
| YoY Change | -165.71% | -329.37% |
| Cash From Investing Activities | $879.0M | -$2.418B |
| YoY Change | -136.35% | -536.46% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $2.555B | |
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $320.0M | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -3.442B | 1.931B |
| YoY Change | -278.25% | -128.47% |
| NET CHANGE | ||
| Cash From Operating Activities | 6.267B | 6.345B |
| Cash From Investing Activities | 879.0M | -2.418B |
| Cash From Financing Activities | -3.442B | 1.931B |
| Net Change In Cash | 3.704B | 5.858B |
| YoY Change | -36.77% | 32444.44% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $6.267B | $6.345B |
| Capital Expenditures | $491.0M | $333.0M |
| Free Cash Flow | $5.776B | $6.012B |
| YoY Change | -3.93% | 2.05% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1595000000 | |
| CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
3549000000 | |
| CY2012 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1577000000 | |
| CY2013 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1604000000 | |
| CY2014 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1610000000 |
