2008 Q4 Form 10-K Financial Statement
#000114036110008522 Filed on February 25, 2010
Income Statement
| Concept | 2008 Q4 | 2008 | 2007 Q4 |
|---|---|---|---|
| Revenue | $3.664B | $15.33B | $3.642B |
| YoY Change | 0.6% | 11.17% | 13.5% |
| Cost Of Revenue | $1.603B | $6.704B | $1.549B |
| YoY Change | 3.49% | 10.94% | 11.19% |
| Gross Profit | $2.061B | $8.626B | $2.093B |
| YoY Change | -1.54% | 11.35% | 15.26% |
| Gross Profit Margin | 56.25% | 56.27% | 57.47% |
| Selling, General & Admin | $1.209B | $5.422B | $1.285B |
| YoY Change | -5.93% | 9.03% | 13.78% |
| % of Gross Profit | 58.66% | 62.86% | 61.4% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $87.00M | $348.0M | $87.60M |
| YoY Change | -0.68% | 4.19% | 2.82% |
| % of Gross Profit | 4.22% | 4.03% | 4.18% |
| Operating Expenses | $1.245B | $5.422B | $1.312B |
| YoY Change | -5.07% | 9.03% | 18.62% |
| Operating Profit | $816.0M | $3.101B | $781.7M |
| YoY Change | 4.39% | 14.01% | 10.04% |
| Interest Expense | -$14.00M | -$117.0M | -$35.00M |
| YoY Change | -60.0% | -22.52% | -10.03% |
| % of Operating Profit | -1.72% | -3.77% | -4.48% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $763.0M | $3.005B | $640.6M |
| YoY Change | 19.11% | 17.25% | 7.88% |
| Income Tax | $251.0M | $968.0M | $225.7M |
| % Of Pretax Income | 32.9% | 32.21% | 35.23% |
| Net Earnings | $497.0M | $1.957B | $414.9M |
| YoY Change | 19.79% | 12.67% | 3.41% |
| Net Earnings / Revenue | 13.56% | 12.77% | 11.39% |
| Basic Earnings Per Share | $3.81 | ||
| Diluted Earnings Per Share | $469.0K | $3.66 | $382.6K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2008 Q4 | 2008 | 2007 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $567.0M | $567.0M | $451.0M |
| YoY Change | 25.72% | 25.72% | -9.98% |
| Cash & Equivalents | $555.0M | $555.0M | $429.0M |
| Short-Term Investments | $12.00M | $12.00M | $23.00M |
| Other Short-Term Assets | $366.0M | $354.0M | $316.0M |
| YoY Change | 15.82% | 12.03% | 17.91% |
| Inventory | $1.197B | $1.197B | $1.171B |
| Prepaid Expenses | |||
| Receivables | $1.592B | $1.592B | $1.681B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $3.710B | $3.710B | $3.619B |
| YoY Change | 2.51% | 2.51% | 9.63% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $3.119B | $3.120B | $3.015B |
| YoY Change | 3.45% | 3.48% | 11.83% |
| Goodwill | $2.152B | ||
| YoY Change | |||
| Intangibles | $834.0M | ||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $164.0M | $164.0M | $362.0M |
| YoY Change | -54.7% | -54.7% | 58.77% |
| Total Long-Term Assets | $6.269B | $6.269B | $6.493B |
| YoY Change | -3.45% | -3.45% | 11.24% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $3.710B | $3.710B | $3.619B |
| Total Long-Term Assets | $6.269B | $6.269B | $6.493B |
| Total Assets | $9.979B | $9.979B | $10.11B |
| YoY Change | -1.32% | -1.32% | 10.66% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.061B | $1.061B | $1.067B |
| YoY Change | -0.56% | -0.56% | 2.6% |
| Accrued Expenses | $1.421B | $1.349B | $1.539B |
| YoY Change | -7.67% | -11.89% | 16.86% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $107.0M | $107.0M | $156.0M |
| YoY Change | -31.41% | -31.41% | -10.34% |
| Long-Term Debt Due | $91.00M | $91.00M | $138.0M |
| YoY Change | -34.06% | -34.06% | -82.24% |
| Total Short-Term Liabilities | $2.952B | $2.953B | $3.163B |
| YoY Change | -6.67% | -6.64% | -8.82% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $3.585B | $3.585B | $3.222B |
| YoY Change | 11.27% | 11.27% | 18.46% |
| Other Long-Term Liabilities | $1.316B | $1.316B | $1.177B |
| YoY Change | 11.81% | 23.34% | -4.15% |
| Total Long-Term Liabilities | $1.316B | $4.901B | $4.399B |
| YoY Change | -70.08% | 14.27% | 11.42% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.952B | $2.953B | $3.163B |
| Total Long-Term Liabilities | $1.316B | $4.901B | $4.399B |
| Total Liabilities | $7.935B | $8.057B | $7.826B |
| YoY Change | 1.39% | 2.95% | 1.28% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $11.76B | ||
| YoY Change | |||
| Common Stock | $733.0M | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $9.697B | ||
| YoY Change | |||
| Treasury Stock Shares | 231.4M shares | ||
| Shareholders Equity | $1.923B | $1.922B | $2.286B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $9.979B | $9.979B | $10.11B |
| YoY Change | -1.32% | -1.32% | 10.66% |
Cashflow Statement
| Concept | 2008 Q4 | 2008 | 2007 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $497.0M | $1.957B | $414.9M |
| YoY Change | 19.79% | 12.67% | 3.41% |
| Depreciation, Depletion And Amortization | $87.00M | $348.0M | $87.60M |
| YoY Change | -0.68% | 4.19% | 2.82% |
| Cash From Operating Activities | $525.0M | $2.302B | $613.3M |
| YoY Change | -14.4% | 2.22% | 35.81% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$292.0M | -$684.0M | -$255.9M |
| YoY Change | 14.11% | 17.32% | 13.94% |
| Acquisitions | $0.00 | ||
| YoY Change | -100.0% | ||
| Other Investing Activities | $20.00M | -$3.000M | $31.50M |
| YoY Change | -36.51% | -117.65% | -57.72% |
| Cash From Investing Activities | -$272.0M | -$613.0M | -$224.4M |
| YoY Change | 21.21% | 16.1% | 49.5% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $1.073B | ||
| YoY Change | -15.45% | ||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -317.0M | -1.530B | -594.2M |
| YoY Change | -46.65% | -15.14% | 83.28% |
| NET CHANGE | |||
| Cash From Operating Activities | 525.0M | 2.302B | 613.3M |
| Cash From Investing Activities | -272.0M | -613.0M | -224.4M |
| Cash From Financing Activities | -317.0M | -1.530B | -594.2M |
| Net Change In Cash | -64.00M | 159.0M | -205.3M |
| YoY Change | -68.83% | -301.27% | 804.41% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $525.0M | $2.302B | $613.3M |
| Capital Expenditures | -$292.0M | -$684.0M | -$255.9M |
| Free Cash Flow | $817.0M | $2.986B | $869.2M |
| YoY Change | -6.01% | 5.33% | 28.54% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2007 | cl |
Stock Based Compensation Expense
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Unearned Esop Shares
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Sale Purchases Of Marketable Securities And Investments
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Deferred Tax Liabilities Noncurrent
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Payments To Acquire Businesses Net Of Cash Acquired
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Long Term Debt And Capital Lease Obligations
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Liabilities Current
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Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
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Payments To Acquire Businesses Net Of Cash Acquired
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Minority Interest
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Income Tax Expense Benefit
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Other Assets Noncurrent
OtherAssetsNoncurrent
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Income Tax Expense Benefit
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Sale Of Property And Non Core Product Lines
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Sale Of Property And Non Core Product Lines
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Increase Decrease In Accounts Payable And Accrued Liabilities
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Treasury Stock Value
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Retained Earnings Accumulated Deficit
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Interest Expense Net
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Interest Expense Net
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Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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Net Income Loss
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Income Before Income Taxes
IncomeBeforeIncomeTaxes
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Income Before Income Taxes
IncomeBeforeIncomeTaxes
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Commitments And Contingencies2009
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Assets
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Profit Loss
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Profit Loss
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Payments To Acquire Productive Assets
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Payments To Acquire Productive Assets
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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Liabilities And Stockholders Equity
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Intangible Assets Net Excluding Goodwill
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Other Assets Current
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Inventory Net
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Payments For Proceeds From Other Investing Activities
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Cash And Cash Equivalents At Carrying Value
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Principal Payments On Debt
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Net Cash Provided By Used In Financing Activities
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Dividends Paid
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Net Income Loss Attributable To Noncontrolling Interest
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Net Income Loss Attributable To Noncontrolling Interest
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Proceeds From Exercise Of Stock Options And Excess Tax Benefits
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefits
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Proceeds From Exercise Of Stock Options And Excess Tax Benefits
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefits
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Stockholders Equity
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Liabilities
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Accounts Payable Current
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Net Income Loss
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Interest Paid
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Interest Paid
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Payments For Proceeds From Other Investing Activities
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Income Taxes Paid
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Income Taxes Paid
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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Accrued Income Taxes Current
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Goodwill
Goodwill
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Gross Profit
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Gross Profit
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Net Cash Provided By Used In Operating Activities
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Income Tax Expense Benefit
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Cash And Cash Equivalents Period Increase Decrease
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Cash And Cash Equivalents Period Increase Decrease
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Restructuring Net Of Cash
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Restructuring Net Of Cash
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Principal Payments On Esop Debt Guaranteed By Company
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Principal Payments On Esop Debt Guaranteed By Company
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Shareholders Equity Before Unearned Compensation Treasury Stock And Noncontrolling Interest
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Property Plant And Equipment Net
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Earnings Per Share Diluted
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Earnings Per Share Diluted
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Cost Of Revenue
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Cost Of Revenue
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Sales Revenue Net
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Sales Revenue Net
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Payments For Repurchase Of Common Stock
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Payments For Repurchase Of Common Stock
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Net Cash Provided By Used In Operating Activities
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Increase Decrease In Receivables
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Long Term Debt Current
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Assets Current
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Accounts Receivable Net Current
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Preferred Stock Value
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Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
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Earnings Per Share Basic
EarningsPerShareBasic
|
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| CY2007 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
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Other Income Expense Net
OtherIncomeExpenseNet
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Other Income Expense Net
OtherIncomeExpenseNet
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Effect Of Exchange Rate On Cash And Cash Equivalents
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Effect Of Exchange Rate On Cash And Cash Equivalents
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Net Cash Provided By Used In Investing Activities
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Net Cash Provided By Used In Investing Activities
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Stock Based Compensation Expense
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Proceeds From Issuance Of Debt
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Proceeds From Issuance Of Debt
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Increase Decrease In Inventories
IncreaseDecreaseInInventories
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Increase Decrease In Inventories
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Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-6000000 | |
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Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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490000000 | |
| CY2008Q4 | us-gaap |
Additional Paid In Capital
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Common Stock Value
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Selling General And Administrative Expense
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| CY2007 | us-gaap |
Selling General And Administrative Expense
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Sale Purchases Of Marketable Securities And Investments
SalePurchasesOfMarketableSecuritiesAndInvestments
|
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