2022 Q4 Form 10-K Financial Statement

#000109166723000024 Filed on January 27, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $13.67B $54.02B $13.21B
YoY Change 3.5% 4.53% 4.66%
Cost Of Revenue $7.456B $29.54B $7.140B
YoY Change 4.43% 3.96% 22.32%
Gross Profit $6.218B $24.49B $6.072B
YoY Change 2.4% 5.22% -10.53%
Gross Profit Margin 45.47% 45.32% 45.96%
Selling, General & Admin $846.0M $3.339B $791.0M
YoY Change 6.95% 8.73% -6.5%
% of Gross Profit 13.61% 13.64% 13.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.192B $7.600B $2.280B
YoY Change -3.86% -1.3% -5.35%
% of Gross Profit 35.25% 31.04% 37.55%
Operating Expenses $3.038B $32.88B $3.071B
YoY Change -1.07% 4.43% -28.41%
Operating Profit $3.180B $11.96B $3.001B
YoY Change 5.96% 13.64% 21.89%
Interest Expense -$1.244B -$4.751B -$1.189B
YoY Change 4.63% 10.51% 49.56%
% of Operating Profit -39.12% -39.72% -39.62%
Other Income/Expense, Net $13.00M $56.00M $129.0M
YoY Change -89.92% -155.45% 1190.0%
Pretax Income $1.804B $7.462B $2.058B
YoY Change -12.34% 16.81% 24.35%
Income Tax $419.0M $1.613B $224.0M
% Of Pretax Income 23.23% 21.62% 10.88%
Net Earnings $1.196B $5.055B $1.610B
YoY Change -25.71% 8.62% 29.21%
Net Earnings / Revenue 8.75% 9.36% 12.19%
Basic Earnings Per Share $31.30
Diluted Earnings Per Share $7.682M $30.74 $8.933M
COMMON SHARES
Basic Shares Outstanding 161.5M shares
Diluted Shares Outstanding 164.4M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $645.0M $645.0M $601.0M
YoY Change 7.32% 7.32% -39.78%
Cash & Equivalents $645.0M $645.0M $601.0M
Short-Term Investments
Other Short-Term Assets $451.0M $451.0M $386.0M
YoY Change 16.84% 16.84% -45.4%
Inventory
Prepaid Expenses
Receivables $2.921B $2.921B $2.579B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.017B $4.017B $3.566B
YoY Change 12.65% 12.65% -8.77%
LONG-TERM ASSETS
Property, Plant & Equipment $36.04B $37.27B $34.31B
YoY Change 5.04% 4.66% -0.14%
Goodwill $29.56B $29.56B
YoY Change 0.0% 0.03%
Intangibles
YoY Change
Long-Term Investments $991.0M $991.0M $112.0M
YoY Change 784.82% 784.82% -61.9%
Other Assets $4.769B $1.716B $3.647B
YoY Change 30.77% 25.07% 5.74%
Total Long-Term Assets $140.5B $140.5B $138.9B
YoY Change 1.14% 1.14% -0.98%
TOTAL ASSETS
Total Short-Term Assets $4.017B $4.017B $3.566B
Total Long-Term Assets $140.5B $140.5B $138.9B
Total Assets $144.5B $144.5B $142.5B
YoY Change 1.43% 1.43% -1.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $952.0M $952.0M $724.0M
YoY Change 31.49% 31.49% -5.11%
Accrued Expenses $9.092B $9.092B $8.276B
YoY Change 9.86% 9.86% 7.93%
Deferred Revenue $511.0M $461.0M
YoY Change 10.85%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.510B $1.510B $2.997B
YoY Change -49.62% -49.62% 197.32%
Total Short-Term Liabilities $12.07B $12.07B $12.46B
YoY Change -3.15% -3.15% 26.16%
LONG-TERM LIABILITIES
Long-Term Debt $96.09B $96.09B $88.56B
YoY Change 8.5% 8.5% 8.34%
Other Long-Term Liabilities $4.758B $4.758B $4.217B
YoY Change 12.83% 12.83% 0.45%
Total Long-Term Liabilities $100.9B $100.9B $92.78B
YoY Change 8.7% 8.7% 7.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.07B $12.07B $12.46B
Total Long-Term Liabilities $100.9B $100.9B $92.78B
Total Liabilities $112.9B $135.4B $105.2B
YoY Change 7.29% 5.42% 9.83%
SHAREHOLDERS EQUITY
Retained Earnings -$14.82B -$12.68B
YoY Change 16.93% 143.98%
Common Stock $23.94B $26.73B
YoY Change -10.42% -7.84%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $0.00
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $9.119B $9.119B $14.05B
YoY Change
Total Liabilities & Shareholders Equity $144.5B $144.5B $142.5B
YoY Change 1.43% 1.43% -1.19%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $1.196B $5.055B $1.610B
YoY Change -25.71% 8.62% 29.21%
Depreciation, Depletion And Amortization $2.192B $7.600B $2.280B
YoY Change -3.86% -1.3% -5.35%
Cash From Operating Activities $3.787B $14.93B $4.226B
YoY Change -10.39% -8.09% 1.86%
INVESTING ACTIVITIES
Capital Expenditures -$2.920B $9.376B -$2.072B
YoY Change 40.93% 22.8% 0.44%
Acquisitions
YoY Change
Other Investing Activities $152.0M $291.0M $80.00M
YoY Change 90.0% 309.86% -115.78%
Cash From Investing Activities -$2.768B -$9.114B -$1.992B
YoY Change 38.96% 17.54% -22.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.28B
YoY Change -33.4%
Debt Paid & Issued, Net $19.31B
YoY Change 58.99%
Cash From Financing Activities -854.0M -$5.767B -2.099B
YoY Change -59.31% -35.09% 12.61%
NET CHANGE
Cash From Operating Activities 3.787B $14.93B 4.226B
Cash From Investing Activities -2.768B -$9.114B -1.992B
Cash From Financing Activities -854.0M -$5.767B -2.099B
Net Change In Cash 165.0M $44.00M 135.0M
YoY Change 22.22% -111.0% -147.37%
FREE CASH FLOW
Cash From Operating Activities $3.787B $14.93B $4.226B
Capital Expenditures -$2.920B $9.376B -$2.072B
Free Cash Flow $6.707B $5.549B $6.298B
YoY Change 6.49% -35.51% 1.38%

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