2018 Q3 Form 10-Q Financial Statement

#000116669118000024 Filed on October 25, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $22.14B $21.08B
YoY Change 5.0% -1.12%
Cost Of Revenue $6.711B $6.059B
YoY Change 10.76% -13.48%
Gross Profit $15.42B $15.02B
YoY Change 2.68% 4.93%
Gross Profit Margin 69.68% 71.26%
Selling, General & Admin $8.111B $7.889B
YoY Change 2.81% 5.45%
% of Gross Profit 52.59% 52.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.038B $1.991B
YoY Change 2.36% 6.76%
% of Gross Profit 13.21% 13.25%
Operating Expenses $10.73B $10.44B
YoY Change 2.82% 5.66%
Operating Profit $4.836B $4.779B
YoY Change 1.19% 7.64%
Interest Expense $830.0M $766.0M
YoY Change 8.36% 2.0%
% of Operating Profit 17.16% 16.03%
Other Income/Expense, Net -$111.0M $70.00M
YoY Change -258.57% -109.78%
Pretax Income $3.895B $4.083B
YoY Change -4.6% 9.64%
Income Tax $999.0M $1.409B
% Of Pretax Income 25.65% 34.51%
Net Earnings $2.886B $2.642B
YoY Change 9.24% 18.1%
Net Earnings / Revenue 13.04% 12.53%
Basic Earnings Per Share $0.63 $0.56
Diluted Earnings Per Share $0.62 $0.55
COMMON SHARES
Basic Shares Outstanding 4.564B shares 4.698B shares
Diluted Shares Outstanding 4.619B shares 4.777B shares

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.62B $4.705B
YoY Change 125.63% 58.26%
Cash & Equivalents $10.62B $4.114B
Short-Term Investments $591.0M
Other Short-Term Assets $2.384B $2.152B
YoY Change 10.78% -38.85%
Inventory
Prepaid Expenses
Receivables $8.983B $7.915B
Other Receivables $0.00 $0.00
Total Short-Term Assets $23.21B $15.96B
YoY Change 45.4% 4.81%
LONG-TERM ASSETS
Property, Plant & Equipment $39.86B $37.86B
YoY Change 5.28% 6.17%
Goodwill $36.70B $36.75B
YoY Change -0.13% 0.27%
Intangibles
YoY Change
Long-Term Investments $4.163B $3.351B
YoY Change 24.23% 176.49%
Other Assets $7.756B $3.145B
YoY Change 146.61% 18.32%
Total Long-Term Assets $177.4B $169.3B
YoY Change 4.78% 4.08%
TOTAL ASSETS
Total Short-Term Assets $23.21B $15.96B
Total Long-Term Assets $177.4B $169.3B
Total Assets $200.6B $185.3B
YoY Change 8.28% 4.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.036B $6.976B
YoY Change 0.86% 5.79%
Accrued Expenses $5.976B $5.849B
YoY Change 2.17% 12.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.173B $5.241B
YoY Change -39.46% 57.25%
Total Short-Term Liabilities $19.63B $21.45B
YoY Change -8.49% 18.91%
LONG-TERM LIABILITIES
Long-Term Debt $69.71B $59.72B
YoY Change 16.73% 4.6%
Other Long-Term Liabilities $12.47B $10.91B
YoY Change 14.24% -1.84%
Total Long-Term Liabilities $12.47B $10.91B
YoY Change 14.24% -1.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.63B $21.45B
Total Long-Term Liabilities $12.47B $10.91B
Total Liabilities $32.10B $32.36B
YoY Change -0.83% 11.0%
SHAREHOLDERS EQUITY
Retained Earnings $41.22B $24.98B
YoY Change 65.01% 10.97%
Common Stock $54.00M $55.00M
YoY Change -1.82% 96.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.517B $7.517B
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $71.52B $55.43B
YoY Change
Total Liabilities & Shareholders Equity $200.6B $185.3B
YoY Change 8.28% 4.15%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $2.886B $2.642B
YoY Change 9.24% 18.1%
Depreciation, Depletion And Amortization $2.038B $1.991B
YoY Change 2.36% 6.76%
Cash From Operating Activities $5.970B $5.108B
YoY Change 16.88% 37.94%
INVESTING ACTIVITIES
Capital Expenditures $2.384B $2.434B
YoY Change -2.05% 1.16%
Acquisitions
YoY Change
Other Investing Activities -$455.0M $283.0M
YoY Change -260.78% -105.15%
Cash From Investing Activities -$3.284B -$2.516B
YoY Change 30.52% -69.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.094B -1.186B
YoY Change -613.83% -142.92%
NET CHANGE
Cash From Operating Activities 5.970B 5.108B
Cash From Investing Activities -3.284B -2.516B
Cash From Financing Activities 6.094B -1.186B
Net Change In Cash 8.780B 1.406B
YoY Change 524.47% -175.67%
FREE CASH FLOW
Cash From Operating Activities $5.970B $5.108B
Capital Expenditures $2.384B $2.434B
Free Cash Flow $3.586B $2.674B
YoY Change 34.11% 106.17%

Facts In Submission

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us-gaap Equity Securities Fv Ni Gain Loss
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us-gaap Gain Loss Related To Litigation Settlement
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us-gaap Gain Loss Related To Litigation Settlement
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Investments
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TreasuryStockValue
7517000000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
7517000000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4777000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4806000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4619000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4655000000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4698000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4725000000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4564000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4599000000 shares

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0001166691-18-000024.txt Edgar Link pending
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