2013 Q2 Form 10-Q Financial Statement

#000002117513000030 Filed on July 30, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $2.450B $2.246B
YoY Change 9.08% 2.18%
Cost Of Revenue $1.482B $1.342B
YoY Change 10.43% -1.54%
Gross Profit $968.0M $904.0M
YoY Change 7.08% 8.26%
Gross Profit Margin 39.51% 40.25%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $335.0M $309.0M
YoY Change 8.41% 8.04%
% of Gross Profit 34.61% 34.18%
Operating Expenses $2.139B $1.973B
YoY Change 8.41% -0.3%
Operating Profit -$1.171B -$1.069B
YoY Change 9.54% -6.56%
Interest Expense $41.00M $43.00M
YoY Change -4.65% 0.0%
% of Operating Profit
Other Income/Expense, Net $108.0M $111.0M
YoY Change -2.7% -0.89%
Pretax Income $270.0M $230.0M
YoY Change 17.39% 30.68%
Income Tax $80.00M $64.00M
% Of Pretax Income 29.63% 27.83%
Net Earnings $194.0M $166.0M
YoY Change 16.87% 33.87%
Net Earnings / Revenue 7.92% 7.39%
Basic Earnings Per Share $0.72 $0.62
Diluted Earnings Per Share $0.72 $0.62
COMMON SHARES
Basic Shares Outstanding 269.7M shares 269.4M shares
Diluted Shares Outstanding 270.1M shares 269.8M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $327.0M $310.0M
YoY Change 5.48% 3.33%
Goodwill $152.0M
YoY Change
Intangibles
YoY Change
Long-Term Investments $46.30B $46.00B
YoY Change 0.65% 6.05%
Other Assets $315.0M $127.0M
YoY Change 148.03% -66.22%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $57.57B $56.50B
YoY Change 1.89% 1.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $13.00M $83.00M
YoY Change -84.34%
Total Short-Term Liabilities $13.00M $83.00M
YoY Change -84.34%
LONG-TERM LIABILITIES
Long-Term Debt $2.558B $2.526B
YoY Change 1.27% -4.61%
Other Long-Term Liabilities $3.677B $3.231B
YoY Change 13.8% 5.21%
Total Long-Term Liabilities $2.558B $2.526B
YoY Change 1.27% -4.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.00M $83.00M
Total Long-Term Liabilities $2.558B $2.526B
Total Liabilities $45.62B $44.29B
YoY Change 3.02% 0.59%
SHAREHOLDERS EQUITY
Retained Earnings $9.110B $8.643B
YoY Change 5.4% 5.78%
Common Stock $2.823B $2.824B
YoY Change -0.04% -0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $91.00M $99.00M
YoY Change -8.08% -2.94%
Treasury Stock Shares 3342B shares 3.643M shares
Shareholders Equity $11.94B $12.21B
YoY Change
Total Liabilities & Shareholders Equity $57.57B $56.50B
YoY Change 1.89% 1.3%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $194.0M $166.0M
YoY Change 16.87% 33.87%
Depreciation, Depletion And Amortization $335.0M $309.0M
YoY Change 8.41% 8.04%
Cash From Operating Activities $378.0M $306.0M
YoY Change 23.53% 2.0%
INVESTING ACTIVITIES
Capital Expenditures -$21.00M -$20.00M
YoY Change 5.0% 53.85%
Acquisitions
YoY Change
Other Investing Activities -$289.0M -$203.0M
YoY Change 42.36% -210.33%
Cash From Investing Activities -$310.0M -$223.0M
YoY Change 39.01% -230.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -71.00M -41.00M
YoY Change 73.17% -91.24%
NET CHANGE
Cash From Operating Activities 378.0M 306.0M
Cash From Investing Activities -310.0M -223.0M
Cash From Financing Activities -71.00M -41.00M
Net Change In Cash -3.000M 42.00M
YoY Change -107.14% 1300.0%
FREE CASH FLOW
Cash From Operating Activities $378.0M $306.0M
Capital Expenditures -$21.00M -$20.00M
Free Cash Flow $399.0M $326.0M
YoY Change 22.39% 4.15%

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