2013 Q3 Form 10-Q Financial Statement

#000119312513426598 Filed on November 05, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $15.47B $14.71B
YoY Change 5.15% -11.87%
Cost Of Revenue $7.602B $7.994B
YoY Change -4.9% -16.82%
Gross Profit $6.029B $6.189B
YoY Change -2.59% -0.86%
Gross Profit Margin 38.97% 42.06%
Selling, General & Admin $249.0M $329.0M
YoY Change -24.32% 126.9%
% of Gross Profit 4.13% 5.32%
Research & Development $313.0M $215.0M
YoY Change 45.58% -17.62%
% of Gross Profit 5.19% 3.47%
Depreciation & Amortization $1.902B $1.650B
YoY Change 15.27% 0.3%
% of Gross Profit 31.55% 26.66%
Operating Expenses $249.0M $329.0M
YoY Change -24.32% 126.9%
Operating Profit $5.780B $5.860B
YoY Change -1.37% -3.9%
Interest Expense $542.0M $251.0M
YoY Change 115.94% 49.4%
% of Operating Profit 9.38% 4.28%
Other Income/Expense, Net
YoY Change
Pretax Income $4.405B $3.591B
YoY Change 22.67% 5.59%
Income Tax $1.966B $1.851B
% Of Pretax Income 44.63% 51.55%
Net Earnings $2.480B $1.798B
YoY Change 37.93% -31.27%
Net Earnings / Revenue 16.03% 12.22%
Basic Earnings Per Share $2.01 $1.47
Diluted Earnings Per Share $2.00 $1.46
COMMON SHARES
Basic Shares Outstanding 1.231M shares 1.220M shares
Diluted Shares Outstanding 1.240M shares 1.229M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.883B $1.268B
YoY Change 206.23% -78.96%
Cash & Equivalents $3.883B $1.268B
Short-Term Investments $0.00
Other Short-Term Assets $9.001B $4.154B
YoY Change 116.68% 49.16%
Inventory $1.268B $1.176B
Prepaid Expenses
Receivables $8.405B $9.183B
Other Receivables $0.00 $0.00
Total Short-Term Assets $22.56B $15.78B
YoY Change 42.94% -51.28%
LONG-TERM ASSETS
Property, Plant & Equipment $71.13B $73.61B
YoY Change -3.37% -11.41%
Goodwill $0.00
YoY Change
Intangibles $10.00M
YoY Change
Long-Term Investments $23.79B $23.50B
YoY Change 1.24% -26.91%
Other Assets $908.0M $902.0M
YoY Change 0.67% -9.07%
Total Long-Term Assets $97.20B $99.59B
YoY Change -2.39% -18.57%
TOTAL ASSETS
Total Short-Term Assets $22.56B $15.78B
Total Long-Term Assets $97.20B $99.59B
Total Assets $119.8B $115.4B
YoY Change 3.81% -25.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.33B $9.982B
YoY Change 3.52% -52.09%
Accrued Expenses $2.519B $2.229B
YoY Change 13.01% -23.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $572.0M $2.335B
YoY Change -75.5% 279.06%
Total Short-Term Liabilities $16.34B $17.38B
YoY Change -6.03% -39.93%
LONG-TERM LIABILITIES
Long-Term Debt $21.10B $18.78B
YoY Change 12.32% -16.65%
Other Long-Term Liabilities $16.05B $17.17B
YoY Change -6.55% -9.21%
Total Long-Term Liabilities $37.14B $35.95B
YoY Change 3.31% -13.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.34B $17.38B
Total Long-Term Liabilities $37.14B $35.95B
Total Liabilities $68.22B $67.49B
YoY Change 1.08% -24.07%
SHAREHOLDERS EQUITY
Retained Earnings $39.53B $34.76B
YoY Change 13.7%
Common Stock $45.66B $45.15B
YoY Change 1.12%
Preferred Stock
YoY Change
Treasury Stock (at cost) $36.78B $36.85B
YoY Change -0.18%
Treasury Stock Shares 542.2M shares 543.2M shares
Shareholders Equity $51.11B $47.41B
YoY Change
Total Liabilities & Shareholders Equity $119.8B $115.4B
YoY Change 3.81% -25.42%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $2.480B $1.798B
YoY Change 37.93% -31.27%
Depreciation, Depletion And Amortization $1.902B $1.650B
YoY Change 15.27% 0.3%
Cash From Operating Activities $3.705B $3.520B
YoY Change 5.26% -37.29%
INVESTING ACTIVITIES
Capital Expenditures -$4.185B -$3.279B
YoY Change 27.63% 5.47%
Acquisitions
YoY Change
Other Investing Activities $1.467B $506.0M
YoY Change 189.92% -472.06%
Cash From Investing Activities -$2.718B -$2.773B
YoY Change -1.98% -14.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.085B -532.0M
YoY Change 103.95% -87.69%
NET CHANGE
Cash From Operating Activities 3.705B 3.520B
Cash From Investing Activities -2.718B -2.773B
Cash From Financing Activities -1.085B -532.0M
Net Change In Cash -98.00M 215.0M
YoY Change -145.58% -111.0%
FREE CASH FLOW
Cash From Operating Activities $3.705B $3.520B
Capital Expenditures -$4.185B -$3.279B
Free Cash Flow $7.890B $6.799B
YoY Change 16.05% -22.05%

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