2012 Q3 Form 10-K Financial Statement

#000119312513456802 Filed on November 27, 2013

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3 2011
Revenue $1.967B $1.988B $7.584B
YoY Change -1.06% 6.14% 6.45%
Cost Of Revenue $966.3M $971.0M $3.625B
YoY Change -0.48% 7.78% 5.74%
Gross Profit $1.001B $1.017B $3.959B
YoY Change -1.6% 4.61% 7.11%
Gross Profit Margin 50.87% 51.16% 52.2%
Selling, General & Admin $484.3M $479.6M $1.824B
YoY Change 0.98% 9.47% 7.87%
% of Gross Profit 48.39% 47.15% 46.07%
Research & Development $127.8M $124.5M $470.0M
YoY Change 2.65% 0.73% 11.17%
% of Gross Profit 12.77% 12.24% 11.87%
Depreciation & Amortization $127.3M $129.0M $494.0M
YoY Change -1.32% 14.36% 0.53%
% of Gross Profit 12.72% 12.68% 12.48%
Operating Expenses $612.1M $604.2M $2.294B
YoY Change 1.31% 7.55% 8.53%
Operating Profit $388.7M $412.9M $1.666B
YoY Change -5.86% 0.58% 5.28%
Interest Expense -$23.30M -$20.40M $84.00M
YoY Change 14.22% -986.96% 63.86%
% of Operating Profit -5.99% -4.94% 5.04%
Other Income/Expense, Net -$3.500M $1.300M -$7.000M
YoY Change -369.23% 0.0% -1508.45%
Pretax Income $361.9M $393.9M $843.0M
YoY Change -8.12% -4.88% 0.52%
Income Tax $87.60M $108.8M $417.0M
% Of Pretax Income 24.21% 27.62% 49.47%
Net Earnings $289.0M $300.0M $1.271B
YoY Change -3.67% -24.38% -3.54%
Net Earnings / Revenue 14.69% 15.09% 16.76%
Basic Earnings Per Share $5.75
Diluted Earnings Per Share $1.428M $1.358M $5.62
COMMON SHARES
Basic Shares Outstanding 221.2M shares
Diluted Shares Outstanding 226.3M shares

Balance Sheet

Concept 2012 Q3 2011 Q3 2011
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.181B $1.563B $1.563B
YoY Change 39.54% -10.38% -10.38%
Cash & Equivalents $1.671B $1.175B $1.175B
Short-Term Investments $510.0M $388.0M $388.0M
Other Short-Term Assets $515.0M $631.4M $631.0M
YoY Change -18.44% 54.0% 53.9%
Inventory $1.241B $1.245B $1.245B
Prepaid Expenses
Receivables $1.250B $1.229B $1.229B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.322B $4.668B $4.668B
YoY Change 14.0% 3.63% 3.62%
LONG-TERM ASSETS
Property, Plant & Equipment $3.304B $3.211B $3.211B
YoY Change 2.89% 3.59% 3.58%
Goodwill $1.076B $991.1M
YoY Change 8.56%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $500.0M $444.6M $445.0M
YoY Change 12.46% -8.89% -8.81%
Total Long-Term Assets $6.039B $5.762B $5.762B
YoY Change 4.81% 11.97% 11.97%
TOTAL ASSETS
Total Short-Term Assets $5.322B $4.668B $4.668B
Total Long-Term Assets $6.039B $5.762B $5.762B
Total Assets $11.36B $10.43B $10.43B
YoY Change 8.93% 8.08% 8.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $350.0M $304.8M $305.0M
YoY Change 14.82% -79.25% -6.15%
Accrued Expenses $741.0M $795.2M $1.272B
YoY Change -6.82% 14.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $202.0M $22.00K $235.0M
YoY Change 918081.82% -99.99% 15.76%
Total Short-Term Liabilities $1.978B $1.823B $1.823B
YoY Change 8.49% 9.04% 9.03%
LONG-TERM LIABILITIES
Long-Term Debt $3.761B $2.485B $2.485B
YoY Change 51.37% 66.2% 66.22%
Other Long-Term Liabilities $262.0M $225.9M $1.068B
YoY Change 15.99% -74.87% 18.8%
Total Long-Term Liabilities $4.023B $2.711B $3.553B
YoY Change 48.42% 13.22% 48.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.978B $1.823B $1.823B
Total Long-Term Liabilities $4.023B $2.711B $3.553B
Total Liabilities $6.001B $4.534B $5.602B
YoY Change 32.36% 7.54% 32.87%
SHAREHOLDERS EQUITY
Retained Earnings $10.44B $9.634B
YoY Change 8.32%
Common Stock $2.253B $2.126B
YoY Change 5.98%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.769B $6.280B
YoY Change 23.71%
Treasury Stock Shares 135.8M shares 117.8M shares
Shareholders Equity $4.136B $4.828B $4.828B
YoY Change
Total Liabilities & Shareholders Equity $11.36B $10.43B $10.43B
YoY Change 8.92% 8.08% 8.07%

Cashflow Statement

Concept 2012 Q3 2011 Q3 2011
OPERATING ACTIVITIES
Net Income $289.0M $300.0M $1.271B
YoY Change -3.67% -24.38% -3.54%
Depreciation, Depletion And Amortization $127.3M $129.0M $494.0M
YoY Change -1.32% 14.36% 0.53%
Cash From Operating Activities $569.7M $542.7M $1.716B
YoY Change 4.98% -1.35% -1.62%
INVESTING ACTIVITIES
Capital Expenditures -$188.9M -$223.1M $509.0M
YoY Change -15.33% 0.95% -4.14%
Acquisitions $492.0M
YoY Change 74.86%
Other Investing Activities -$63.00M $14.70M $64.00M
YoY Change -528.57% -96.28% -21.6%
Cash From Investing Activities -$251.9M -$208.4M -$1.040B
YoY Change 20.87% -219.98% 47.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.500B
YoY Change 100.0%
Debt Paid & Issued, Net $35.00K
YoY Change -53.95%
Cash From Financing Activities -313.8M -306.1M -714.4M
YoY Change 2.52% 14.86% -41.57%
NET CHANGE
Cash From Operating Activities 569.7M 542.7M 1.716B
Cash From Investing Activities -251.9M -208.4M -1.040B
Cash From Financing Activities -313.8M -306.1M -714.4M
Net Change In Cash 4.000M 28.20M -37.90M
YoY Change -85.82% -93.83% -79.4%
FREE CASH FLOW
Cash From Operating Activities $569.7M $542.7M $1.716B
Capital Expenditures -$188.9M -$223.1M $509.0M
Free Cash Flow $758.6M $765.8M $1.207B
YoY Change -0.94% -0.69% -0.52%

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BECTON DICKINSON & CO
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10-K
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2013-09-30
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