2013 Q4 Form 10-Q Financial Statement

#000104746913010266 Filed on November 05, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $1.326B $1.097B $1.359B
YoY Change -10.47% -19.3% -3.16%
Cost Of Revenue $732.5M $710.9M $657.4M
YoY Change -11.23% 8.14% -14.16%
Gross Profit $593.8M $386.1M $702.0M
YoY Change -9.51% -45.0% 10.03%
Gross Profit Margin 44.77% 35.2% 51.64%
Selling, General & Admin $45.00M $32.20M $36.50M
YoY Change 11.94% -11.78% 19.67%
% of Gross Profit 7.58% 8.34% 5.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $96.80M $100.1M $99.70M
YoY Change -4.25% 0.4% -1.87%
% of Gross Profit 16.3% 25.93% 14.2%
Operating Expenses $32.80M $32.20M $36.50M
YoY Change -31.09% -11.78% 19.67%
Operating Profit $561.0M $385.4M $667.1M
YoY Change -7.82% -42.23% 14.56%
Interest Expense -$29.80M $41.00M $28.70M
YoY Change 44.66% 42.86% -10.59%
% of Operating Profit -5.31% 10.64% 4.3%
Other Income/Expense, Net -$400.0K $300.0K $200.0K
YoY Change -300.0% 50.0% 100.0%
Pretax Income $525.2M $345.7M $640.2M
YoY Change -10.71% -46.0% 16.27%
Income Tax $187.2M $109.0M $206.0M
% Of Pretax Income 35.64% 31.53% 32.18%
Net Earnings $325.8M $243.9M $458.1M
YoY Change -30.78% -46.76% 19.8%
Net Earnings / Revenue 24.56% 22.23% 33.7%
Basic Earnings Per Share $5.73 $4.09 $6.43
Diluted Earnings Per Share $5.71 $4.07 $6.35
COMMON SHARES
Basic Shares Outstanding 57.31M shares 57.30M shares 62.80M shares
Diluted Shares Outstanding 57.50M shares 63.50M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.711B $2.286B $2.221B
YoY Change -24.79% 2.93% 55.75%
Cash & Equivalents $1.711B $2.286B $2.221B
Short-Term Investments $71.00M $49.00M $8.000M
Other Short-Term Assets $92.40M $37.90M $24.90M
YoY Change 231.18% 52.21% 13.18%
Inventory $274.3M $357.4M $310.0M
Prepaid Expenses $19.10M
Receivables $225.0M $187.0M $341.0M
Other Receivables $6.000M $0.00 $0.00
Total Short-Term Assets $2.630B $3.060B $3.015B
YoY Change -6.32% 1.48% 46.51%
LONG-TERM ASSETS
Property, Plant & Equipment $4.102B $4.250B $3.722B
YoY Change 5.16% 14.19% -0.46%
Goodwill $2.096B $2.065B $2.065B
YoY Change 1.52% 0.0%
Intangibles
YoY Change
Long-Term Investments $941.0M $932.0M $1.034B
YoY Change -2.18% -9.86% -2.18%
Other Assets $245.5M $292.2M $241.7M
YoY Change -4.81% 20.89% -11.47%
Total Long-Term Assets $8.048B $7.739B $7.168B
YoY Change 9.36% 7.98% -0.29%
TOTAL ASSETS
Total Short-Term Assets $2.630B $3.060B $3.015B
Total Long-Term Assets $8.048B $7.739B $7.168B
Total Assets $10.68B $10.80B $10.18B
YoY Change 5.03% 6.05% 10.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $169.0M $467.0M $393.0M
YoY Change 44.08% 18.83% -10.68%
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
YoY Change
Total Short-Term Liabilities $828.3M $912.9M $1.194B
YoY Change -12.83% -23.52% -20.59%
LONG-TERM LIABILITIES
Long-Term Debt $3.098B $3.098B $1.600B
YoY Change 93.63% 93.63% -0.81%
Other Long-Term Liabilities $325.6M $456.0M $386.9M
YoY Change -17.72% 17.86% 10.23%
Total Long-Term Liabilities $3.424B $3.554B $1.987B
YoY Change 71.55% 78.87% 1.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $828.3M $912.9M $1.194B
Total Long-Term Liabilities $3.424B $3.554B $1.987B
Total Liabilities $4.252B $4.467B $3.181B
YoY Change 44.34% 40.45% -36.17%
SHAREHOLDERS EQUITY
Retained Earnings $3.726B $3.881B $3.016B
YoY Change 7.64% 28.68%
Common Stock $600.0K $600.0K $600.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $201.8M $361.7M $2.300M
YoY Change 8673.91% 15626.09%
Treasury Stock Shares 885.5K shares 2.019M shares 10.94K shares
Shareholders Equity $5.076B $5.106B $5.457B
YoY Change
Total Liabilities & Shareholders Equity $10.68B $10.80B $10.18B
YoY Change 5.03% 6.05% 10.13%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $325.8M $243.9M $458.1M
YoY Change -30.78% -46.76% 19.8%
Depreciation, Depletion And Amortization $96.80M $100.1M $99.70M
YoY Change -4.25% 0.4% -1.87%
Cash From Operating Activities $37.50M $861.0M $905.6M
YoY Change -91.1% -4.92% -12.33%
INVESTING ACTIVITIES
Capital Expenditures -$190.9M -$230.4M -$103.6M
YoY Change -27.17% 122.39% 62.64%
Acquisitions
YoY Change
Other Investing Activities -$97.50M -$34.60M $19.40M
YoY Change 220.72% -278.35% 21.25%
Cash From Investing Activities -$288.4M -$265.0M -$84.20M
YoY Change -1.4% 214.73% 76.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -315.0M -235.5M 17.70M
YoY Change 310.69% -1430.51% -101.93%
NET CHANGE
Cash From Operating Activities 37.50M 861.0M 905.6M
Cash From Investing Activities -288.4M -265.0M -84.20M
Cash From Financing Activities -315.0M -235.5M 17.70M
Net Change In Cash -565.9M 360.5M 839.1M
YoY Change -1186.18% -57.04% 1137.61%
FREE CASH FLOW
Cash From Operating Activities $37.50M $861.0M $905.6M
Capital Expenditures -$190.9M -$230.4M -$103.6M
Free Cash Flow $228.4M $1.091B $1.009B
YoY Change -66.58% 8.15% -7.98%

Facts In Submission

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CY2012Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
10100000 USD
CY2013Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
19600000 USD
CY2012Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
8100000 USD
CY2013Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
8200000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-72600000 USD
CY2012Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2013Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2012Q4 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
11800000 USD
CY2012Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
7200000 USD
CY2012Q4 us-gaap Derivative Assets
DerivativeAssets
17300000 USD
CY2013Q3 us-gaap Derivative Assets
DerivativeAssets
24200000 USD
CY2012Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
5500000 USD
CY2013Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
9000000 USD
CY2012Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
100000 USD
CY2013Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
4600000 USD
CY2012Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5600000 USD
CY2013Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
9000000 USD
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
24200000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
17300000 USD
CY2012Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
11800000 USD
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
9000000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
5500000 USD
CY2013Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
15200000 USD
CY2012Q4 cf Derivative Collateral Obligation To Return Financial Instruments
DerivativeCollateralObligationToReturnFinancialInstruments
4600000 USD
CY2013Q3 cf Derivative Collateral Obligation To Return Financial Instruments
DerivativeCollateralObligationToReturnFinancialInstruments
5200000 USD
CY2012Q4 cf Derivative Collateral Right To Reclaim Financial Instruments
DerivativeCollateralRightToReclaimFinancialInstruments
4600000 USD
CY2013Q3 cf Derivative Collateral Right To Reclaim Financial Instruments
DerivativeCollateralRightToReclaimFinancialInstruments
5200000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
12700000 USD
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
19000000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
900000 USD
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
3800000 USD
CY2013Q3 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
15200000 USD
CY2012Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
3000000000 USD
CY2013Q2 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
3800000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
5800000 shares
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-99300000 USD
CY2013Q3 cf Treasury Stock Acquired Aggregate Shares
TreasuryStockAcquiredAggregateShares
5800000 shares
CY2013Q3 cf Treasury Stock Acquired Aggregate Expenditure
TreasuryStockAcquiredAggregateExpenditure
1100000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1111500000 USD
cf Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodBeforeTax
900000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-37900000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-49600000 USD
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-72600000 USD
cf Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodBeforeTax
2300000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-8400000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-8200000 USD
cf Other Comprehensive Income Exchange Rate Changes And Deferred Taxes
OtherComprehensiveIncomeExchangeRateChangesAndDeferredTaxes
32100000 USD
CY2012Q4 us-gaap Assets
Assets
10166900000 USD
CY2013Q3 us-gaap Assets
Assets
10799000000 USD
CY2013Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
11900000 USD
CY2012Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
45100000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
111800000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
153300000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
385400000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
667100000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1846900000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2343300000 USD
CY2013Q3 cf Equity In Earnings Of Operating Affiliates
EquityInEarningsOfOperatingAffiliates
11200000 USD
CY2012Q3 cf Equity In Earnings Of Operating Affiliates
EquityInEarningsOfOperatingAffiliates
10200000 USD
cf Equity In Earnings Of Operating Affiliates
EquityInEarningsOfOperatingAffiliates
32300000 USD
cf Equity In Earnings Of Operating Affiliates
EquityInEarningsOfOperatingAffiliates
39500000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1097000000 USD
CY2013Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
710900000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
386100000 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
32200000 USD
CY2013Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
-20300000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
300000 USD
CY2013Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7200000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
243900000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9800000 USD
CY2013Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
186900000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
4148400000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
2222000000 USD
us-gaap Gross Profit
GrossProfit
1926400000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
121000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
-9200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-54100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1684500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
499300000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6200000 USD
us-gaap Profit Loss
ProfitLoss
1191400000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1359400000 USD
CY2012Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
657400000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
702000000 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36500000 USD
CY2012Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
8600000 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
200000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
640200000 USD
CY2012Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23900000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
458100000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
54800000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
4622600000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
2165500000 USD
us-gaap Gross Profit
GrossProfit
2457100000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
111600000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
41700000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2241300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
722000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
48800000 USD
us-gaap Profit Loss
ProfitLoss
1568100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
62400000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1630500000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
191100000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1439400000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
38200000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
496300000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
55700000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
440600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23700000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1167700000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
51900000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1115800000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
42700000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
286600000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
9800000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
276800000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
313800000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
35800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9500000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
11400000 USD
cf Unrealized Gain Loss On Derivatives Fair Value Adjustment
UnrealizedGainLossOnDerivativesFairValueAdjustment
4000000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-5000000 USD
cf Income Loss From Equity Method Investments Cash Flow Impact
IncomeLossFromEquityMethodInvestmentsCashFlowImpact
12900000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-44600000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
86300000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-232700000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
69400000 USD
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
52500000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
54600000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1429300000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
632900000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11100000 USD
cf Proceeds From Sales And Maturities Of Short Term And Auction Rate Securities
ProceedsFromSalesAndMaturitiesOfShortTermAndAuctionRateSecurities
6600000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
111400000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4300000 USD
CY2013Q3 us-gaap Customer Advances Current
CustomerAdvancesCurrent
433300000 USD
CY2013Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9100000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-730900000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1498000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
14500000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
71900000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
64400000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1111500000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
918700000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6300000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
11400000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-665300000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-21800000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
11300000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
318700000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
32800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8800000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
30000000 USD
cf Unrealized Gain Loss On Derivatives Fair Value Adjustment
UnrealizedGainLossOnDerivativesFairValueAdjustment
61500000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-4000000 USD
cf Income Loss From Equity Method Investments Cash Flow Impact
IncomeLossFromEquityMethodInvestmentsCashFlowImpact
59000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
67800000 USD
us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
-800000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3200000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-200100000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
64000000 USD
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
360100000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
12200000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1954300000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
261400000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11600000 USD
cf Proceeds From Sales And Maturities Of Short Term And Auction Rate Securities
ProceedsFromSalesAndMaturitiesOfShortTermAndAuctionRateSecurities
31000000 USD
cf Deposit To Asset Retirement Obligation Funds
DepositToAssetRetirementObligationFunds
2200000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-221000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
13000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
77400000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
40500000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
212800000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
30000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12600000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-720100000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
1100000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2274900000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2286200000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1207000000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2221300000 USD
CY2013Q3 us-gaap Prepaid Taxes
PrepaidTaxes
35800000 USD
CY2013Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
44100000 USD
CY2013Q3 us-gaap Other Assets Current
OtherAssetsCurrent
37900000 USD
CY2013Q3 us-gaap Assets Current
AssetsCurrent
3059700000 USD
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4250000000 USD
CY2013Q3 cf Asset Retirement Obligation Escrow Account
AssetRetirementObligationEscrowAccount
200800000 USD
CY2013Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
292200000 USD
CY2013Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
466900000 USD
CY2013Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3600000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
395700000 USD
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
912900000 USD
CY2013Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
870100000 USD
CY2013Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
456000000 USD
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
600000 USD
CY2013Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1659000000 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3880600000 USD
CY2013Q3 us-gaap Treasury Stock Value
TreasuryStockValue
361700000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
5105900000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5462000000 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10799000000 USD
CY2012Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
217400000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
9500000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
27900000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
2807600000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3900500000 USD
CY2012Q4 cf Asset Retirement Obligation Escrow Account
AssetRetirementObligationEscrowAccount
200800000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
257900000 USD
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
366500000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
187100000 USD
CY2012Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
380700000 USD
CY2012Q4 us-gaap Short Term Non Bank Loans And Notes Payable
ShortTermNonBankLoansAndNotesPayable
5000000 USD
CY2012Q4 cf Distributions Payable To Minority Interest
DistributionsPayableToMinorityInterest
5300000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5600000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
950200000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
938800000 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
600000 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2492400000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3461100000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2300000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
5902200000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6282200000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10166900000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
1014300000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
39500000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
27800000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-28700000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
48400000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3900000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-300000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-300000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1100000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
300000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1500000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
400000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-9300000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-12500000 USD
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
CY2013Q3 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2013Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2995700000 USD
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2757100000 USD
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
59327573 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
62961628 shares
CY2013Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
2018950 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
10940 shares
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4932900000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12600000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8000000 USD
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
30000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
500000000 USD
cf Acquisition Of Treasury Stock Under Employee Stock Plans
AcquisitionOfTreasuryStockUnderEmployeeStockPlans
2300000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
77400000 USD
cf Effect Of Exchange Rate Changes To Noncontrolling Interest
EffectOfExchangeRateChangesToNoncontrollingInterest
2600000 USD
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5978100000 USD
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
769300000 USD
cf Acquisition Of Treasury Stock Under Employee Stock Plans
AcquisitionOfTreasuryStockUnderEmployeeStockPlans
3200000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6300000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9300000 USD
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
11400000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
71900000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.20
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.20
dei Entity Registrant Name
EntityRegistrantName
CF Industries Holdings, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001324404
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
57312668 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
cf Interest On Tax Liabilities
InterestOnTaxLiabilities
1000000 USD
cf Asset Retirement Obligation Revision Of Estimate Capitalized In Period
AssetRetirementObligationRevisionOfEstimateCapitalizedInPeriod
7500000 USD
cf Asset Retirement Obligation Revision Of Estimate Charged To Earnings
AssetRetirementObligationRevisionOfEstimateChargedToEarnings
300000 USD
CY2013Q3 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
2000000 shares
CY2013Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
cf Other Comprehensive Income Pension And Other Postretirement Benefit Plans Arising During Period Before Tax
OtherComprehensiveIncomePensionAndOtherPostretirementBenefitPlansArisingDuringPeriodBeforeTax
13400000 USD
cf Effect Of Exchange Rate Changes To Noncontrolling Interest
EffectOfExchangeRateChangesToNoncontrollingInterest
100000 USD

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