2010 Q3 Form 10-K Financial Statement
#000095012311087197 Filed on September 28, 2011
Income Statement
| Concept | 2010 Q3 | 2010 Q2 | 2010 Q1 |
|---|---|---|---|
| Revenue | $1.518B | $1.802B | $2.153B |
| YoY Change | -0.65% | 6.88% | 1.46% |
| Cost Of Revenue | $905.0M | $1.059B | $1.282B |
| YoY Change | 1.34% | 5.79% | -0.23% |
| Gross Profit | $613.0M | $743.0M | $871.0M |
| YoY Change | -3.46% | 8.47% | 4.06% |
| Gross Profit Margin | 40.38% | 41.23% | 40.46% |
| Selling, General & Admin | $388.0M | $408.0M | $450.0M |
| YoY Change | -1.27% | 8.8% | -0.66% |
| % of Gross Profit | 63.3% | 54.91% | 51.66% |
| Research & Development | $35.00M | $31.00M | $28.00M |
| YoY Change | 12.9% | 14.81% | 3.7% |
| % of Gross Profit | 5.71% | 4.17% | 3.21% |
| Depreciation & Amortization | $66.00M | $63.00M | $62.00M |
| YoY Change | -4.35% | 1.61% | -7.46% |
| % of Gross Profit | 10.77% | 8.48% | 7.12% |
| Operating Expenses | $426.0M | $439.0M | $480.0M |
| YoY Change | -13.06% | 10.03% | -0.41% |
| Operating Profit | $187.0M | $304.0M | $391.0M |
| YoY Change | 28.97% | 6.29% | 10.14% |
| Interest Expense | -$26.00M | -$27.00M | -$26.00M |
| YoY Change | 13.04% | 3.85% | 4.0% |
| % of Operating Profit | -13.9% | -8.88% | -6.65% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $161.0M | $265.0M | $365.0M |
| YoY Change | 31.97% | 1.92% | 10.61% |
| Income Tax | $48.00M | $97.00M | $106.0M |
| % Of Pretax Income | 29.81% | 36.6% | 29.04% |
| Net Earnings | $113.0M | $168.0M | $259.0M |
| YoY Change | 63.77% | -3.45% | 11.16% |
| Net Earnings / Revenue | 7.44% | 9.32% | 12.03% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $0.33 | $0.49 | $0.74 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 339.0M | 341.0M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q3 | 2010 Q2 | 2010 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $254.0M | $80.00M | $113.0M |
| YoY Change | 398.04% | 31.15% | 41.25% |
| Cash & Equivalents | $254.0M | $80.00M | $113.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $197.0M | $169.0M | $140.0M |
| YoY Change | 33.11% | 13.42% | -6.04% |
| Inventory | $724.0M | $639.0M | $700.0M |
| Prepaid Expenses | |||
| Receivables | $512.0M | $543.0M | $679.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $1.687B | $1.431B | $1.632B |
| YoY Change | 8.77% | -1.17% | -0.37% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $2.051B | $1.995B | $1.969B |
| YoY Change | 3.74% | 10.1% | 11.88% |
| Goodwill | $1.919B | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $110.0M | $103.0M | $109.0M |
| YoY Change | 4.76% | -64.48% | -66.36% |
| Total Long-Term Assets | $4.589B | $4.555B | $4.520B |
| YoY Change | 1.86% | 3.66% | 5.78% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.687B | $1.431B | $1.632B |
| Total Long-Term Assets | $4.589B | $4.555B | $4.520B |
| Total Assets | $6.276B | $5.986B | $6.152B |
| YoY Change | 3.63% | 2.46% | 4.08% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $545.0M | $430.0M | $512.0M |
| YoY Change | -4.22% | 0.23% | 1.59% |
| Accrued Expenses | $560.0M | $568.0M | $576.0M |
| YoY Change | -3.28% | 20.08% | 15.43% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $835.0M | $945.0M | $400.0M |
| YoY Change | 120.9% | 50.48% | -46.95% |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $2.065B | $2.114B | $1.633B |
| YoY Change | 26.84% | 29.45% | -12.44% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $1.945B | $1.542B | $2.250B |
| YoY Change | -13.4% | -21.08% | 14.97% |
| Other Long-Term Liabilities | $1.079B | $937.0M | $954.0M |
| YoY Change | -11.12% | 42.62% | 42.18% |
| Total Long-Term Liabilities | $3.024B | $2.479B | $3.204B |
| YoY Change | -12.6% | -5.06% | 21.92% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.065B | $2.114B | $1.633B |
| Total Long-Term Liabilities | $3.024B | $2.479B | $3.204B |
| Total Liabilities | $5.350B | $4.893B | $5.129B |
| YoY Change | 0.41% | 3.84% | 5.23% |
| 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 | $926.0M | $1.093B | $1.023B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $6.276B | $5.986B | $6.152B |
| YoY Change | 3.63% | 2.46% | 4.08% |
Cashflow Statement
| Concept | 2010 Q3 | 2010 Q2 | 2010 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $113.0M | $168.0M | $259.0M |
| YoY Change | 63.77% | -3.45% | 11.16% |
| Depreciation, Depletion And Amortization | $66.00M | $63.00M | $62.00M |
| YoY Change | -4.35% | 1.61% | -7.46% |
| Cash From Operating Activities | $198.0M | $363.0M | $532.0M |
| YoY Change | -45.0% | -6.44% | 22.86% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$138.0M | -$74.00M | -$59.00M |
| YoY Change | -18.34% | -5.13% | -6.35% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $7.000M | $1.000M | $6.000M |
| YoY Change | -110.61% | -133.33% | 50.0% |
| Cash From Investing Activities | -$131.0M | -$73.00M | -$53.00M |
| YoY Change | -44.26% | -9.88% | -10.17% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 109.0M | -325.0M | -441.0M |
| YoY Change | -175.17% | -2.11% | 23.88% |
| NET CHANGE | |||
| Cash From Operating Activities | 198.0M | 363.0M | 532.0M |
| Cash From Investing Activities | -131.0M | -73.00M | -53.00M |
| Cash From Financing Activities | 109.0M | -325.0M | -441.0M |
| Net Change In Cash | 176.0M | -35.00M | 38.00M |
| YoY Change | -980.0% | 40.0% | 111.11% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $198.0M | $363.0M | $532.0M |
| Capital Expenditures | -$138.0M | -$74.00M | -$59.00M |
| Free Cash Flow | $336.0M | $437.0M | $591.0M |
| YoY Change | -36.48% | -6.22% | 19.15% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.49 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.82 | |
| CY2011 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.42 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.71 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.57 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | |
| CY2009Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
304000000 | |
| CY2010Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
259000000 | |
| CY2010Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
168000000 | |
| CY2010Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
113000000 | |
| CY2010Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
279000000 | |
| CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
239000000 | |
| CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
187000000 | |
| CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
100000000 | |
| CY2010Q3 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
43000000 | |
| CY2011Q3 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
27000000 | |
| CY2010Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
3000000 | |
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
326000000 | |
| CY2009 | cpb |
Amortization Impairment Of Intangible And Other Assets
AmortizationImpairmentOfIntangibleAndOtherAssets
|
67000000 | |
| CY2011 | cpb |
Amortization Impairment Of Intangible And Other Assets
AmortizationImpairmentOfIntangibleAndOtherAssets
|
3000000 | |
| CY2010Q3 | cpb |
Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Net Of Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesNetOfTax
|
-856000000 | |
| CY2011Q3 | cpb |
Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Net Of Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesNetOfTax
|
-809000000 | |
| CY2010Q3 | cpb |
Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Net Of Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditNetOfTax
|
6000000 | |
| CY2011Q3 | cpb |
Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Net Of Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditNetOfTax
|
6000000 | |
| CY2010Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2992000000 | |
| CY2011Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3260000000 | |
| CY2010Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
-18000000 | |
| CY2011Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
-20000000 | |
| CY2010Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
132000000 | |
| CY2011Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
396000000 | |
| CY2010Q3 | us-gaap |
Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
|
149000000 | |
| CY2010 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.42 | |
| CY2011Q3 | us-gaap |
Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
|
144000000 | |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.06 | |
| CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.44 | |
| CY2011 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.44 | |
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.05 | |
| CY2009Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.87 |
