2009 Form 10-K Financial Statement
#000001823010000092 Filed on February 19, 2010
Income Statement
| Concept | 2009 | 2007 |
|---|---|---|
| Revenue | $32.40B | $44.96B |
| YoY Change | -36.88% | 8.29% |
| Cost Of Revenue | $23.89B | $32.63B |
| YoY Change | -37.82% | 10.41% |
| Gross Profit | $8.510B | $12.33B |
| YoY Change | -34.08% | 3.04% |
| Gross Profit Margin | 26.27% | 27.43% |
| Selling, General & Admin | $3.645B | $3.821B |
| YoY Change | -17.14% | 3.1% |
| % of Gross Profit | 42.83% | 30.98% |
| Research & Development | $1.421B | $1.404B |
| YoY Change | -17.77% | 4.23% |
| % of Gross Profit | 16.7% | 11.39% |
| Depreciation & Amortization | $2.336B | $1.797B |
| YoY Change | 17.98% | 12.17% |
| % of Gross Profit | 27.45% | 14.57% |
| Operating Expenses | $6.407B | $6.279B |
| YoY Change | -12.33% | 4.23% |
| Operating Profit | $2.103B | $6.053B |
| YoY Change | -62.45% | 1.83% |
| Interest Expense | -$1.154B | -$1.230B |
| YoY Change | -1.45% | 5.13% |
| % of Operating Profit | -54.87% | -20.32% |
| Other Income/Expense, Net | $113.0M | $167.0M |
| YoY Change | 4.63% | 91.95% |
| Pretax Income | $569.0M | $4.990B |
| YoY Change | -87.36% | 2.65% |
| Income Tax | -$270.0M | $1.485B |
| % Of Pretax Income | -47.45% | 29.76% |
| Net Earnings | $895.0M | $3.541B |
| YoY Change | -74.84% | 0.11% |
| Net Earnings / Revenue | 2.76% | 7.88% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $1.43 | $5.37 |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding | 626.0M shares | 659.5M |
Balance Sheet
| Concept | 2009 | 2007 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.867B | $1.122B |
| YoY Change | 77.89% | 111.7% |
| Cash & Equivalents | $4.867B | $1.122B |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.078B | $1.399B |
| YoY Change | -7.23% | 2.04% |
| Inventory | $6.360B | $7.204B |
| Prepaid Expenses | ||
| Receivables | $13.91B | $15.75B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $27.22B | $25.48B |
| YoY Change | -14.64% | 7.67% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $12.39B | $9.997B |
| YoY Change | -1.1% | 12.95% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $105.0M | $598.0M |
| YoY Change | 11.7% | 6.41% |
| Other Assets | $4.346B | $3.475B |
| YoY Change | -8.77% | -5.85% |
| Total Long-Term Assets | $32.82B | $30.66B |
| YoY Change | -8.57% | 10.33% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $27.22B | $25.48B |
| Total Long-Term Assets | $32.82B | $30.66B |
| Total Assets | $60.04B | $56.13B |
| YoY Change | -11.42% | 9.1% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.993B | $4.723B |
| YoY Change | -37.99% | 15.62% |
| Accrued Expenses | $3.438B | $4.304B |
| YoY Change | -23.53% | 11.47% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $4.083B | $5.468B |
| YoY Change | -43.36% | 6.07% |
| Long-Term Debt Due | $5.701B | $5.132B |
| YoY Change | 3.81% | 15.04% |
| Total Short-Term Liabilities | $18.98B | $22.25B |
| YoY Change | -25.95% | 12.22% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $21.85B | $17.83B |
| YoY Change | -4.32% | 0.84% |
| Other Long-Term Liabilities | $9.916B | $7.062B |
| YoY Change | -21.36% | 20.12% |
| Total Long-Term Liabilities | $31.76B | $24.89B |
| YoY Change | -10.38% | 5.65% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $18.98B | $22.25B |
| Total Long-Term Liabilities | $31.76B | $24.89B |
| Total Liabilities | $51.30B | $47.25B |
| YoY Change | -16.85% | 5.96% |
| 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 | $8.740B | $8.883B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $60.04B | $56.13B |
| YoY Change | -11.42% | 9.1% |
Cashflow Statement
| Concept | 2009 | 2007 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $895.0M | $3.541B |
| YoY Change | -74.84% | 0.11% |
| Depreciation, Depletion And Amortization | $2.336B | $1.797B |
| YoY Change | 17.98% | 12.17% |
| Cash From Operating Activities | $6.499B | $7.955B |
| YoY Change | 39.11% | 37.18% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$2.472B | -$3.040B |
| YoY Change | -36.39% | 13.64% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $3.318B | -$1.368B |
| YoY Change | -245.21% | 22.03% |
| Cash From Investing Activities | $846.0M | -$4.408B |
| YoY Change | -113.71% | 16.12% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -5.215B | -2.989B |
| YoY Change | -276.48% | 15.27% |
| NET CHANGE | ||
| Cash From Operating Activities | 6.499B | 7.955B |
| Cash From Investing Activities | 846.0M | -4.408B |
| Cash From Financing Activities | -5.215B | -2.989B |
| Net Change In Cash | 2.130B | 558.0M |
| YoY Change | 46.29% | -194.58% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $6.499B | $7.955B |
| Capital Expenditures | -$2.472B | -$3.040B |
| Free Cash Flow | $8.971B | $11.00B |
| YoY Change | 4.83% | 29.75% |
Facts In Submission
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