2010 Form 10-K Financial Statement
#000119312511043706 Filed on February 23, 2011
Income Statement
| Concept | 2010 | 2008 |
|---|---|---|
| Revenue | $8.528B | $8.601B |
| YoY Change | -1.99% | 1.74% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $2.517B | $2.434B |
| YoY Change | 0.2% | 11.45% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $126.6M | $91.60M |
| YoY Change | 11.25% | -2.86% |
| % of Gross Profit | ||
| Operating Expenses | $7.555B | $7.977B |
| YoY Change | -3.67% | 8.07% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | -$61.00M | -$61.00M |
| YoY Change | 0.0% | 0.0% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $607.0M | $564.0M |
| YoY Change | -14.99% | -44.21% |
| Income Tax | $328.0M | $116.0M |
| % Of Pretax Income | 54.04% | 20.57% |
| Net Earnings | $279.0M | $447.0M |
| YoY Change | -35.57% | -31.65% |
| Net Earnings / Revenue | 3.27% | 5.2% |
| Basic Earnings Per Share | $3.79 | |
| Diluted Earnings Per Share | $2.514M | $3.76 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 110.6M | 118.0M shares |
| Diluted Shares Outstanding | 119.0M shares |
Balance Sheet
| Concept | 2010 | 2008 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $1.151B | $1.041B |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $44.00M | |
| YoY Change | 69.23% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $267.0M | $279.0M |
| YoY Change | -2.91% | 1.09% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $13.46B | $12.01B |
| YoY Change | 2.77% | -12.28% |
| Other Assets | $76.00M | $449.0M |
| YoY Change | -54.49% | |
| Total Long-Term Assets | $24.47B | |
| YoY Change | -8.43% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $44.00M | |
| Total Long-Term Assets | $24.47B | |
| Total Assets | $26.40B | $24.52B |
| YoY Change | 2.07% | -8.36% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.340B | $1.433B |
| YoY Change | -3.46% | 7.5% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $5.008B | $4.969B |
| YoY Change | 0.1% | 1.33% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $977.0M | $983.0M |
| YoY Change | -0.31% | -1.01% |
| Other Long-Term Liabilities | $292.0M | $444.0M |
| YoY Change | -24.16% | -41.42% |
| Total Long-Term Liabilities | $1.269B | $1.427B |
| YoY Change | -7.03% | -18.5% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.008B | $4.969B |
| Total Long-Term Liabilities | $1.269B | $1.427B |
| Total Liabilities | $21.62B | $20.81B |
| YoY Change | 2.9% | -8.19% |
| 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 | $4.781B | $3.710B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $26.40B | $24.52B |
| YoY Change | 2.07% | -8.36% |
Cashflow Statement
| Concept | 2010 | 2008 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $279.0M | $447.0M |
| YoY Change | -35.57% | -31.65% |
| Depreciation, Depletion And Amortization | $126.6M | $91.60M |
| YoY Change | 11.25% | -2.86% |
| Cash From Operating Activities | $540.7M | $999.1M |
| YoY Change | 100.33% | -16.99% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$51.20M | -$56.10M |
| YoY Change | -8.41% | -4.43% |
| Acquisitions | $11.56M | $365.4M |
| YoY Change | -334.82% | |
| Other Investing Activities | $42.30M | -$272.9M |
| YoY Change | -78.57% | -76.27% |
| Cash From Investing Activities | -$8.900M | -$329.0M |
| YoY Change | -106.29% | -72.78% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -699.5M | -412.1M |
| YoY Change | 390.53% | 120.85% |
| NET CHANGE | ||
| Cash From Operating Activities | 540.7M | 999.1M |
| Cash From Investing Activities | -8.900M | -329.0M |
| Cash From Financing Activities | -699.5M | -412.1M |
| Net Change In Cash | -167.7M | 258.0M |
| YoY Change | -162.39% | -234.66% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $540.7M | $999.1M |
| Capital Expenditures | -$51.20M | -$56.10M |
| Free Cash Flow | $591.9M | $1.055B |
| YoY Change | 81.68% | -16.41% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-4923000 | |
| CY2010 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
11560000 | |
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110632551 | |
| CY2008 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
365398000 | |
| CY2008 | us-gaap |
Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
|
31853000 |
