2021 Q4 Form 10-K Financial Statement

#000009341022000019 Filed on February 24, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $45.86B $162.5B $24.84B
YoY Change 84.6% 71.57% -28.36%
Cost Of Revenue $27.34B $89.37B $13.39B
YoY Change 104.24% 77.02% -32.02%
Gross Profit $18.52B $73.09B $11.46B
YoY Change 61.66% 65.35% -23.55%
Gross Profit Margin 40.38% 44.99% 46.11%
Selling, General & Admin $3.050B $4.014B $2.356B
YoY Change 29.46% -4.72% 12.3%
% of Gross Profit 16.47% 5.49% 20.57%
Research & Development $192.0M $268.0M $367.0M
YoY Change -47.68% -38.39% 34.93%
% of Gross Profit 1.04% 0.37% 3.2%
Depreciation & Amortization $4.813B $17.93B $4.486B
YoY Change 7.29% -8.11% -72.69%
% of Gross Profit 25.99% 24.52% 39.16%
Operating Expenses $12.95B $4.282B $12.48B
YoY Change 3.8% -7.87% -47.02%
Operating Profit $5.569B $68.81B -$1.021B
YoY Change -645.45% 73.96% -88.08%
Interest Expense $1.502B $4.945B $369.0M
YoY Change 307.05% -523.01% 43.02%
% of Operating Profit 26.97% 7.19%
Other Income/Expense, Net -$86.00M -$688.0M -$461.0M
YoY Change -81.34% -21.82% 370.41%
Pretax Income $6.985B $9.674B -$957.0M
YoY Change -829.89% -269.72% -88.61%
Income Tax $1.903B $5.950B -$301.0M
% Of Pretax Income 27.24% 61.51%
Net Earnings $5.055B $15.63B -$665.0M
YoY Change -860.15% -381.89% -89.94%
Net Earnings / Revenue 11.02% 9.62% -2.68%
Basic Earnings Per Share $8.15
Diluted Earnings Per Share $2.631M $8.14 -$348.0K
COMMON SHARES
Basic Shares Outstanding 1.916B shares
Diluted Shares Outstanding 1.920B shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.675B $5.675B $5.627B
YoY Change 0.85% 0.85% -2.12%
Cash & Equivalents $5.640B $5.640B $5.596B
Short-Term Investments $35.00M $35.00M $31.00M
Other Short-Term Assets $3.339B $3.339B $3.304B
YoY Change 1.06% 1.06% -3.34%
Inventory $6.305B $6.305B $5.676B
Prepaid Expenses $3.339B $3.304B
Receivables $16.40B $18.42B $9.500B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $33.74B $33.74B $26.08B
YoY Change 29.37% 29.37% -7.95%
LONG-TERM ASSETS
Property, Plant & Equipment $147.0B $150.6B $156.6B
YoY Change -6.17% -6.19% 4.07%
Goodwill $4.385B $4.402B
YoY Change -0.39% -1.37%
Intangibles
YoY Change
Long-Term Investments $40.36B $40.70B $38.76B
YoY Change 4.13% 4.21% 0.92%
Other Assets $12.38B $9.484B $11.95B
YoY Change 3.63% 4.2% 13.46%
Total Long-Term Assets $205.8B $205.8B $213.7B
YoY Change -3.7% -3.7% 2.21%
TOTAL ASSETS
Total Short-Term Assets $33.74B $33.74B $26.08B
Total Long-Term Assets $205.8B $205.8B $213.7B
Total Assets $239.5B $239.5B $239.8B
YoY Change -0.11% -0.11% 0.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.45B $16.45B $10.95B
YoY Change 50.26% 50.26% -22.36%
Accrued Expenses $6.972B $6.972B $7.812B
YoY Change -10.75% -10.75% 18.56%
Deferred Revenue
YoY Change
Short-Term Debt $256.0M $62.00M $1.548B
YoY Change -83.46% 313.33% -52.83%
Long-Term Debt Due $4.946B $194.0M $2.600B
YoY Change 90.23% -87.35% -48.56%
Total Short-Term Liabilities $26.79B $26.79B $22.18B
YoY Change 20.77% 20.77% -16.39%
LONG-TERM LIABILITIES
Long-Term Debt $31.11B $31.11B $42.77B
YoY Change -27.25% -27.25% 80.52%
Other Long-Term Liabilities $27.03B $27.03B $29.55B
YoY Change -8.53% -8.53% 4.36%
Total Long-Term Liabilities $58.14B $58.14B $72.31B
YoY Change -19.6% -19.6% 39.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.79B $26.79B $22.18B
Total Long-Term Liabilities $58.14B $58.14B $72.31B
Total Liabilities $99.60B $100.5B $107.1B
YoY Change -6.98% -7.06% 16.1%
SHAREHOLDERS EQUITY
Retained Earnings $165.5B $160.4B
YoY Change 3.22% -8.33%
Common Stock $19.11B $18.66B
YoY Change 2.43% -2.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $41.46B $41.50B
YoY Change -0.08% -6.95%
Treasury Stock Shares 512.9M shares 517.5M shares
Shareholders Equity $139.1B $139.1B $131.7B
YoY Change
Total Liabilities & Shareholders Equity $239.5B $239.5B $239.8B
YoY Change -0.11% -0.11% 0.99%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $5.055B $15.63B -$665.0M
YoY Change -860.15% -381.89% -89.94%
Depreciation, Depletion And Amortization $4.813B $17.93B $4.486B
YoY Change 7.29% -8.11% -72.69%
Cash From Operating Activities $9.458B $29.19B $2.238B
YoY Change 322.61% 175.95% -60.44%
INVESTING ACTIVITIES
Capital Expenditures -$2.606B -$8.056B -$2.067B
YoY Change 26.08% -9.71% -50.9%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.217B $2.191B $1.377B
YoY Change -11.62% 11.96% -13.29%
Cash From Investing Activities -$1.389B -$5.865B -$690.0M
YoY Change 101.3% -15.79% -73.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.383B
YoY Change -21.29%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.290B -$23.11B -2.685B
YoY Change 208.75% 518.66% -71.04%
NET CHANGE
Cash From Operating Activities 9.458B $29.19B 2.238B
Cash From Investing Activities -1.389B -$5.865B -690.0M
Cash From Financing Activities -8.290B -$23.11B -2.685B
Net Change In Cash -221.0M $58.00M -1.137B
YoY Change -80.56% -133.33% -81.77%
FREE CASH FLOW
Cash From Operating Activities $9.458B $29.19B $2.238B
Capital Expenditures -$2.606B -$8.056B -$2.067B
Free Cash Flow $12.06B $37.24B $4.305B
YoY Change 180.23% 91.0% -56.37%

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