2015 Q2 Form 10-Q Financial Statement

#000162828015005578 Filed on July 30, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $4.066B $4.352B
YoY Change -6.57% 0.14%
Cost Of Revenue $1.699B $1.800B
YoY Change -5.61% -0.66%
Gross Profit $2.367B $2.552B
YoY Change -7.25% 0.71%
Gross Profit Margin 58.21% 58.64%
Selling, General & Admin $1.381B $1.507B
YoY Change -8.36% -1.25%
% of Gross Profit 58.34% 59.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $111.0M $107.0M
YoY Change 3.74% -3.6%
% of Gross Profit 4.69% 4.19%
Operating Expenses $1.381B $1.507B
YoY Change -8.36% -1.25%
Operating Profit $932.0M $980.0M
YoY Change -4.9% 8.17%
Interest Expense -$6.000M -$9.000M
YoY Change -33.33% -280.0%
% of Operating Profit -0.64% -0.92%
Other Income/Expense, Net
YoY Change
Pretax Income $926.0M $971.0M
YoY Change -4.63% 6.59%
Income Tax $310.0M $310.0M
% Of Pretax Income 33.48% 31.93%
Net Earnings $574.0M $622.0M
YoY Change -7.72% 10.87%
Net Earnings / Revenue 14.12% 14.29%
Basic Earnings Per Share $0.63 $0.68
Diluted Earnings Per Share $0.63 $0.67
COMMON SHARES
Basic Shares Outstanding 904.6M shares 916.1M shares
Diluted Shares Outstanding 912.4M shares 925.9M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.345B $1.316B
YoY Change 2.2% 24.39%
Cash & Equivalents $1.059B $1.161B
Short-Term Investments $286.0M $155.0M
Other Short-Term Assets $914.0M $702.0M
YoY Change 30.2% -8.24%
Inventory $1.324B $1.508B
Prepaid Expenses
Receivables $1.691B $1.803B
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.988B $5.174B
YoY Change -3.59% 6.31%
LONG-TERM ASSETS
Property, Plant & Equipment $4.039B $4.077B
YoY Change -0.93% 7.97%
Goodwill $2.241B $2.489B
YoY Change -9.96% 2.89%
Intangibles $1.371B $1.486B
YoY Change -7.74% 1.5%
Long-Term Investments $391.0M $399.0M
YoY Change -2.01% -32.03%
Other Assets $877.0M $688.0M
YoY Change 27.47% -21.1%
Total Long-Term Assets $8.672B $8.814B
YoY Change -1.61% 2.25%
TOTAL ASSETS
Total Short-Term Assets $4.988B $5.174B
Total Long-Term Assets $8.672B $8.814B
Total Assets $13.66B $13.99B
YoY Change -2.34% 3.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.169B $1.251B
YoY Change -6.55% -2.19%
Accrued Expenses $2.233B $2.236B
YoY Change -0.13% -2.02%
Deferred Revenue
YoY Change
Short-Term Debt $9.000M $20.00M
YoY Change -55.0% -4.76%
Long-Term Debt Due $488.0M $300.0M
YoY Change 62.67% -47.83%
Total Short-Term Liabilities $4.206B $4.061B
YoY Change 3.57% -8.62%
LONG-TERM LIABILITIES
Long-Term Debt $6.186B $5.741B
YoY Change 7.75% 14.09%
Other Long-Term Liabilities $2.250B $1.722B
YoY Change 30.66% -11.92%
Total Long-Term Liabilities $8.436B $7.463B
YoY Change 13.04% 6.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.206B $4.061B
Total Long-Term Liabilities $8.436B $7.463B
Total Liabilities $12.90B $11.92B
YoY Change 8.27% 4.25%
SHAREHOLDERS EQUITY
Retained Earnings $18.94B $17.99B
YoY Change 5.25% 5.51%
Common Stock $1.466B $1.466B
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.47B $16.21B
YoY Change 7.8% 8.14%
Treasury Stock Shares
Shareholders Equity $454.0M $1.779B
YoY Change
Total Liabilities & Shareholders Equity $13.66B $13.99B
YoY Change -2.34% 3.71%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $574.0M $622.0M
YoY Change -7.72% 10.87%
Depreciation, Depletion And Amortization $111.0M $107.0M
YoY Change 3.74% -3.6%
Cash From Operating Activities $496.0M $569.0M
YoY Change -12.83% 3.83%
INVESTING ACTIVITIES
Capital Expenditures -$158.0M -$146.0M
YoY Change 8.22% -2.01%
Acquisitions
YoY Change
Other Investing Activities -$23.00M $81.00M
YoY Change -128.4% -576.47%
Cash From Investing Activities -$181.0M -$65.00M
YoY Change 178.46% -60.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -115.0M -1.133B
YoY Change -89.85% 195.05%
NET CHANGE
Cash From Operating Activities 496.0M 569.0M
Cash From Investing Activities -181.0M -65.00M
Cash From Financing Activities -115.0M -1.133B
Net Change In Cash 200.0M -629.0M
YoY Change -131.8% 31350.0%
FREE CASH FLOW
Cash From Operating Activities $496.0M $569.0M
Capital Expenditures -$158.0M -$146.0M
Free Cash Flow $654.0M $715.0M
YoY Change -8.53% 2.58%

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us-gaap Revenues
Revenues
8136000000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
4352000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
8677000000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
4066000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
8136000000 USD
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1507000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3051000000 USD
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1381000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2831000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
54000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
51000000 USD
CY2014Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
16000000 USD
CY2015Q2 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
9000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1145000000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
454000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1385000000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
757000000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
16862000000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
17473000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
218000000 USD
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
925900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
927300000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
912400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
914400000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
916100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
917800000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
904600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
906100000 shares

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0001628280-15-005578.txt Edgar Link pending
0001628280-15-005578-xbrl.zip Edgar Link pending
cl-20150630.xml Edgar Link completed
cl-20150630.xsd Edgar Link pending
cl-20150630_cal.xml Edgar Link unprocessable
cl-20150630_def.xml Edgar Link unprocessable
cl-20150630_lab.xml Edgar Link unprocessable
cl-20150630_pre.xml Edgar Link unprocessable
cl-6302015x10q.htm Edgar Link pending
exhibit10_63015xq215.htm Edgar Link pending
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