2018 Q2 Form 10-Q Financial Statement

#000116669118000019 Filed on July 26, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $21.74B $21.29B
YoY Change 2.11% 10.47%
Cost Of Revenue $6.300B $6.330B
YoY Change -0.47% 15.26%
Gross Profit $15.44B $14.96B
YoY Change 3.2% 8.56%
Gross Profit Margin 71.01% 70.26%
Selling, General & Admin $8.018B $7.881B
YoY Change 1.74% 7.63%
% of Gross Profit 51.95% 52.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.021B $1.970B
YoY Change 2.59% 5.46%
% of Gross Profit 13.09% 13.17%
Operating Expenses $10.62B $10.39B
YoY Change 2.24% 6.97%
Operating Profit $5.014B $4.568B
YoY Change 9.76% 12.35%
Interest Expense $806.0M $758.0M
YoY Change 6.33% 3.55%
% of Operating Profit 16.07% 16.59%
Other Income/Expense, Net $77.00M $99.00M
YoY Change -22.22% -113.98%
Pretax Income $4.285B $3.909B
YoY Change 9.62% 16.41%
Income Tax $1.077B $1.367B
% Of Pretax Income 25.13% 34.97%
Net Earnings $3.216B $2.521B
YoY Change 27.57% 24.31%
Net Earnings / Revenue 14.8% 11.84%
Basic Earnings Per Share $0.70 $0.53
Diluted Earnings Per Share $0.69 $0.52
COMMON SHARES
Basic Shares Outstanding 4.598B shares 4.728B shares
Diluted Shares Outstanding 4.643B shares 4.809B shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.726B $3.378B
YoY Change 69.51% -30.09%
Cash & Equivalents $5.726B $2.693B
Short-Term Investments $685.0M
Other Short-Term Assets $2.423B $2.657B
YoY Change -8.81% 34.94%
Inventory
Prepaid Expenses
Receivables $8.847B $7.849B
Other Receivables $0.00 $0.00
Total Short-Term Assets $18.22B $14.83B
YoY Change 22.81% 0.37%
LONG-TERM ASSETS
Property, Plant & Equipment $39.36B $37.17B
YoY Change 5.88% 6.52%
Goodwill $36.87B $36.74B
YoY Change 0.35% 8.73%
Intangibles
YoY Change
Long-Term Investments $4.007B $3.104B
YoY Change 29.09% 182.44%
Other Assets $3.744B $2.899B
YoY Change 29.15% 17.75%
Total Long-Term Assets $173.0B $168.2B
YoY Change 2.87% 6.99%
TOTAL ASSETS
Total Short-Term Assets $18.22B $14.83B
Total Long-Term Assets $173.0B $168.2B
Total Assets $191.2B $183.0B
YoY Change 4.49% 6.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.940B $6.730B
YoY Change 3.12% 5.83%
Accrued Expenses $5.956B $5.858B
YoY Change 1.67% 13.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.634B $6.358B
YoY Change -58.57% 116.7%
Total Short-Term Liabilities $19.01B $22.28B
YoY Change -14.67% 26.56%
LONG-TERM LIABILITIES
Long-Term Debt $61.95B $57.21B
YoY Change 8.28% 8.7%
Other Long-Term Liabilities $12.07B $10.84B
YoY Change 11.37% 1.1%
Total Long-Term Liabilities $12.07B $10.84B
YoY Change 11.37% 1.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.01B $22.28B
Total Long-Term Liabilities $12.07B $10.84B
Total Liabilities $31.08B $33.11B
YoY Change -6.15% 16.92%
SHAREHOLDERS EQUITY
Retained Earnings $40.27B $24.56B
YoY Change 63.96% 11.05%
Common Stock $54.00M $56.00M
YoY Change -3.57% 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.517B $7.517B
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $70.69B $55.01B
YoY Change
Total Liabilities & Shareholders Equity $191.2B $183.0B
YoY Change 4.49% 6.42%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $3.216B $2.521B
YoY Change 27.57% 24.31%
Depreciation, Depletion And Amortization $2.021B $1.970B
YoY Change 2.59% 5.46%
Cash From Operating Activities $7.063B $5.124B
YoY Change 37.84% 16.59%
INVESTING ACTIVITIES
Capital Expenditures $2.250B $2.327B
YoY Change -3.31% 2.47%
Acquisitions
YoY Change
Other Investing Activities -$253.0M -$941.0M
YoY Change -73.11% 92.43%
Cash From Investing Activities -$3.014B -$3.654B
YoY Change -17.52% 17.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.384B -2.794B
YoY Change 56.91% 24.79%
NET CHANGE
Cash From Operating Activities 7.063B 5.124B
Cash From Investing Activities -3.014B -3.654B
Cash From Financing Activities -4.384B -2.794B
Net Change In Cash -335.0M -1.324B
YoY Change -74.7% 37.49%
FREE CASH FLOW
Cash From Operating Activities $7.063B $5.124B
Capital Expenditures $2.250B $2.327B
Free Cash Flow $4.813B $2.797B
YoY Change 72.08% 31.69%

Facts In Submission

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