2024 Q3 Form 10-Q Financial Statement
#000155115224000031 Filed on August 07, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
Revenue | $14.46B | $14.46B | $13.87B |
YoY Change | 3.83% | 4.31% | -4.92% |
Cost Of Revenue | $4.212B | $4.202B | $4.192B |
YoY Change | -35.05% | 0.24% | 0.53% |
Gross Profit | $10.25B | $10.26B | $9.673B |
YoY Change | 37.7% | 6.07% | -7.11% |
Gross Profit Margin | 70.87% | 70.94% | 69.77% |
Selling, General & Admin | $4.205B | $3.377B | $3.174B |
YoY Change | 24.7% | 6.4% | -41.35% |
% of Gross Profit | 41.03% | 32.91% | 32.81% |
Research & Development | $2.130B | $1.948B | $1.728B |
YoY Change | 23.62% | 12.73% | 7.4% |
% of Gross Profit | 20.78% | 18.99% | 17.86% |
Depreciation & Amortization | $191.0M | $184.0M | $190.0M |
YoY Change | -2.55% | -3.16% | -6.4% |
% of Gross Profit | 1.86% | 1.79% | 1.96% |
Operating Expenses | $6.335B | $5.325B | $4.733B |
YoY Change | 24.34% | 12.51% | -32.59% |
Operating Profit | $3.831B | $3.998B | $4.940B |
YoY Change | 67.95% | -19.07% | 49.92% |
Interest Expense | $720.0M | $726.0M | -$491.0M |
YoY Change | 29.73% | -247.86% | -188.31% |
% of Operating Profit | 18.79% | 18.16% | -9.94% |
Other Income/Expense, Net | -$1.159B | -$1.345B | -$1.412B |
YoY Change | -1320.0% | -4.75% | -7.89% |
Pretax Income | $2.084B | $2.146B | $2.610B |
YoY Change | 6.71% | -17.78% | 120.63% |
Income Tax | $520.0M | $773.0M | $583.0M |
% Of Pretax Income | 24.95% | 36.02% | 22.34% |
Net Earnings | $1.561B | $1.370B | $2.024B |
YoY Change | -12.2% | -32.31% | 119.05% |
Net Earnings / Revenue | 10.8% | 9.47% | 14.6% |
Basic Earnings Per Share | $0.88 | $0.77 | $1.14 |
Diluted Earnings Per Share | $0.88 | $0.77 | $1.14 |
COMMON SHARES | |||
Basic Shares Outstanding | 1.766B shares | 1.766B shares | 1.764B shares |
Diluted Shares Outstanding | 1.772B shares | 1.771B shares | 1.771B shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.285B | $13.16B | $8.766B |
YoY Change | -45.18% | 50.09% | -12.0% |
Cash & Equivalents | $7.257B | $13.13B | $8.759B |
Short-Term Investments | $28.00M | $27.00M | $7.000M |
Other Short-Term Assets | $4.578B | $4.717B | $4.540B |
YoY Change | 0.81% | 3.9% | 0.75% |
Inventory | $4.450B | $4.218B | $4.055B |
Prepaid Expenses | |||
Receivables | $11.47B | $11.72B | $11.49B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $27.79B | $33.82B | $28.85B |
YoY Change | -16.37% | 17.21% | -0.85% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.141B | $5.023B | $4.943B |
YoY Change | 4.2% | 1.62% | -0.3% |
Goodwill | $35.30B | $33.39B | $32.22B |
YoY Change | 9.98% | 3.61% | 0.61% |
Intangibles | $66.65B | $60.24B | $62.86B |
YoY Change | 13.72% | -4.17% | -12.48% |
Long-Term Investments | $267.0M | $272.0M | $288.0M |
YoY Change | -2.91% | -5.56% | 18.03% |
Other Assets | $8.288B | $9.197B | $6.198B |
YoY Change | 16.83% | 48.39% | 23.15% |
Total Long-Term Assets | $115.6B | $108.1B | $106.5B |
YoY Change | 12.27% | 1.51% | -6.64% |
TOTAL ASSETS | |||
Total Short-Term Assets | $27.79B | $33.82B | $28.85B |
Total Long-Term Assets | $115.6B | $108.1B | $106.5B |
Total Assets | $143.4B | $141.9B | $135.4B |
YoY Change | 5.29% | 4.85% | -5.46% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $30.49B | $29.33B | $27.04B |
YoY Change | 2.81% | 8.48% | 19.93% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $12.57B | $12.59B | $5.203B |
YoY Change | 145.84% | 141.9% | -56.33% |
Total Short-Term Liabilities | $43.06B | $41.92B | $32.24B |
YoY Change | 23.84% | 30.01% | -6.48% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $58.51B | $58.05B | $55.81B |
YoY Change | 5.17% | 4.01% | -8.51% |
Other Long-Term Liabilities | $33.03B | $32.43B | $32.29B |
YoY Change | 4.38% | 0.41% | 4.96% |
Total Long-Term Liabilities | $33.03B | $32.43B | $32.29B |
YoY Change | 4.38% | 0.41% | 4.96% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $43.06B | $41.92B | $32.24B |
Total Long-Term Liabilities | $33.03B | $32.43B | $32.29B |
Total Liabilities | $76.09B | $74.34B | $64.53B |
YoY Change | 14.57% | 15.2% | -1.09% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$4.964B | -$3.768B | $1.789B |
YoY Change | -632.05% | -310.62% | -49.12% |
Common Stock | $21.16B | $20.88B | $19.84B |
YoY Change | 5.69% | 5.24% | 4.93% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $7.848B | $7.838B | $6.528B |
YoY Change | 20.28% | 20.07% | 42.19% |
Treasury Stock Shares | |||
Shareholders Equity | $6.032B | $6.778B | $12.87B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $143.4B | $141.9B | $135.4B |
YoY Change | 5.29% | 4.85% | -5.46% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.561B | $1.370B | $2.024B |
YoY Change | -12.2% | -32.31% | 119.05% |
Depreciation, Depletion And Amortization | $191.0M | $184.0M | $190.0M |
YoY Change | -2.55% | -3.16% | -6.4% |
Cash From Operating Activities | $5.447B | $2.271B | $6.319B |
YoY Change | -28.08% | -64.06% | 26.25% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $249.0M | $241.0M | $178.0M |
YoY Change | 13.7% | 35.39% | -224.48% |
Acquisitions | $0.00 | ||
YoY Change | |||
Other Investing Activities | -$8.007B | -$861.0M | -$163.0M |
YoY Change | 5238.0% | 428.22% | -159.71% |
Cash From Investing Activities | -$8.256B | -$1.102B | -$341.0M |
YoY Change | 2137.4% | 223.17% | -362.31% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -3.072B | -6.097B | -3.920B |
YoY Change | 15.45% | 55.54% | 46.32% |
NET CHANGE | |||
Cash From Operating Activities | 5.447B | 2.271B | 6.319B |
Cash From Investing Activities | -8.256B | -1.102B | -341.0M |
Cash From Financing Activities | -3.072B | -6.097B | -3.920B |
Net Change In Cash | -5.881B | -4.928B | 2.058B |
YoY Change | -229.42% | -339.46% | -16.21% |
FREE CASH FLOW | |||
Cash From Operating Activities | $5.447B | $2.271B | $6.319B |
Capital Expenditures | $249.0M | $241.0M | $178.0M |
Free Cash Flow | $5.198B | $2.030B | $6.141B |
YoY Change | -29.33% | -66.94% | 19.29% |
Facts In Submission
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