2008 Form 10-K Financial Statement
#000095012310017187 Filed on February 25, 2010
Income Statement
| Concept | 2008 | 2007 |
|---|---|---|
| Revenue | $240.8B | $187.4B |
| YoY Change | 28.49% | 1.68% |
| Cost Of Revenue | $195.9B | $150.0B |
| YoY Change | 30.56% | 3.21% |
| Gross Profit | $46.03B | $39.36B |
| YoY Change | 16.96% | 1.05% |
| Gross Profit Margin | 19.11% | 21.0% |
| Selling, General & Admin | $7.448B | $5.359B |
| YoY Change | 38.98% | 16.73% |
| % of Gross Profit | 16.18% | 13.62% |
| Research & Development | $1.337B | $1.007B |
| YoY Change | 32.77% | 20.74% |
| % of Gross Profit | 2.9% | 2.56% |
| Depreciation & Amortization | $9.012B | $8.298B |
| YoY Change | 8.6% | 13.92% |
| % of Gross Profit | 19.58% | 21.08% |
| Operating Expenses | $18.22B | $15.01B |
| YoY Change | 21.39% | 15.51% |
| Operating Profit | $27.82B | $24.35B |
| YoY Change | 14.22% | -6.19% |
| Interest Expense | $3.947B | $4.035B |
| YoY Change | -2.18% | 32.08% |
| % of Operating Profit | 14.19% | 16.57% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$2.860B | $23.36B |
| YoY Change | -112.24% | -17.56% |
| Income Tax | $13.42B | $11.38B |
| % Of Pretax Income | 48.72% | |
| Net Earnings | -$16.35B | $11.89B |
| YoY Change | -237.49% | -23.53% |
| Net Earnings / Revenue | -6.79% | 6.34% |
| Basic Earnings Per Share | -$10.73 | |
| Diluted Earnings Per Share | -$10.73 | $7.224M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2008 | 2007 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $755.0M | $1.456B |
| YoY Change | -48.15% | 78.21% |
| Cash & Equivalents | $755.0M | $1.456B |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.998B | $2.702B |
| YoY Change | 10.95% | -45.85% |
| Inventory | $5.095B | $4.223B |
| Prepaid Expenses | ||
| Receivables | $12.00B | $16.35B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $20.84B | $24.74B |
| YoY Change | -15.73% | -1.32% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $83.95B | $89.00B |
| YoY Change | -5.68% | 3.25% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $30.93B | $31.46B |
| YoY Change | -1.69% | 60.54% |
| Other Assets | $552.0M | $459.0M |
| YoY Change | 20.26% | 26.8% |
| Total Long-Term Assets | $122.0B | $153.0B |
| YoY Change | -20.26% | 9.52% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $20.84B | $24.74B |
| Total Long-Term Assets | $122.0B | $153.0B |
| Total Assets | $142.9B | $177.8B |
| YoY Change | -19.63% | 7.87% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $13.99B | $17.86B |
| YoY Change | -21.67% | 22.05% |
| Accrued Expenses | $3.147B | $2.809B |
| YoY Change | 12.03% | -16.07% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $370.0M | $1.398B |
| YoY Change | -73.53% | -65.42% |
| Total Short-Term Liabilities | $21.78B | $26.88B |
| YoY Change | -18.98% | 1.71% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $27.09B | $20.29B |
| YoY Change | 33.5% | -12.13% |
| Other Long-Term Liabilities | $19.57B | $19.41B |
| YoY Change | 0.8% | 71.23% |
| Total Long-Term Liabilities | $46.65B | $39.70B |
| YoY Change | 17.51% | 15.32% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $21.78B | $26.88B |
| Total Long-Term Liabilities | $46.65B | $39.70B |
| Total Liabilities | $87.70B | $88.77B |
| YoY Change | -1.21% | 8.08% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $55.17B | $88.98B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $142.9B | $177.8B |
| YoY Change | -19.63% | 7.87% |
Cashflow Statement
| Concept | 2008 | 2007 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$16.35B | $11.89B |
| YoY Change | -237.49% | -23.53% |
| Depreciation, Depletion And Amortization | $9.012B | $8.298B |
| YoY Change | 8.6% | 13.92% |
| Cash From Operating Activities | $22.66B | $24.55B |
| YoY Change | -7.71% | 14.1% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$19.10B | -$11.79B |
| YoY Change | 61.98% | -24.4% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $1.483B | $3.229B |
| YoY Change | -54.07% | -122.43% |
| Cash From Investing Activities | -$17.62B | -$8.562B |
| YoY Change | 105.75% | -71.45% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -5.764B | -15.34B |
| YoY Change | -62.43% | -317.13% |
| NET CHANGE | ||
| Cash From Operating Activities | 22.66B | 24.55B |
| Cash From Investing Activities | -17.62B | -8.562B |
| Cash From Financing Activities | -5.764B | -15.34B |
| Net Change In Cash | -722.0M | 648.0M |
| YoY Change | -211.42% | -145.89% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $22.66B | $24.55B |
| Capital Expenditures | -$19.10B | -$11.79B |
| Free Cash Flow | $41.76B | $36.34B |
| YoY Change | 14.9% | -2.08% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2008 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
240842000000 | USD |
| CY2009 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
149341000000 | USD |
| CY2009 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1487650000 | shares |
| CY2007 | us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition
|
4588000000 | USD |
| CY2008 | us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition
|
0 | USD |
| CY2009 | us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition
|
51000000 | USD |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.26 | |
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.24 | |
| CY2007 | cop |
Taxes Other Than Income Taxes
TaxesOtherThanIncomeTaxes
|
18990000000 | USD |
| CY2008 | cop |
Taxes Other Than Income Taxes
TaxesOtherThanIncomeTaxes
|
20637000000 | USD |
| CY2009 | cop |
Taxes Other Than Income Taxes
TaxesOtherThanIncomeTaxes
|
15529000000 | USD |
| CY2007 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
187437000000 | USD |
