2014 Q2 Form 10-Q Financial Statement

#000082705214000154 Filed on July 31, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $3.016B $3.046B
YoY Change -0.98% 14.81%
Cost Of Revenue $1.168B $1.076B
YoY Change 8.55% 30.9%
Gross Profit $1.848B $1.970B
YoY Change -6.19% 7.59%
Gross Profit Margin 61.27% 64.67%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $432.0M $434.0M
YoY Change -0.46% 4.58%
% of Gross Profit 23.38% 22.03%
Operating Expenses $1.273B $1.466B
YoY Change -13.17% 3.82%
Operating Profit $575.0M -$71.00M
YoY Change -909.86% -116.9%
Interest Expense $139.0M $133.0M
YoY Change 4.51% -0.75%
% of Operating Profit 24.17%
Other Income/Expense, Net $30.00M $20.00M
YoY Change 50.0% -4.76%
Pretax Income $466.0M -$184.0M
YoY Change -353.26% -159.93%
Income Tax $84.00M -$102.0M
% Of Pretax Income 18.03%
Net Earnings $536.0M -$94.00M
YoY Change -670.21% -227.03%
Net Earnings / Revenue 17.77% -3.09%
Basic Earnings Per Share $1.64 -$0.29
Diluted Earnings Per Share $1.63 -$0.29
COMMON SHARES
Basic Shares Outstanding 326.0M shares 326.0M shares
Diluted Shares Outstanding 329.0M shares 326.0M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $190.0M $148.0M
YoY Change 28.38% -87.4%
Cash & Equivalents $190.0M $148.0M
Short-Term Investments
Other Short-Term Assets $433.0M $122.0M
YoY Change 254.92% -17.01%
Inventory $277.0M $267.0M
Prepaid Expenses
Receivables $1.034B $815.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.551B $3.022B
YoY Change 50.6% -31.91%
LONG-TERM ASSETS
Property, Plant & Equipment $31.36B $29.38B
YoY Change 6.77% -11.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.942B $4.377B
YoY Change 12.91% -4.01%
Other Assets $445.0M $681.0M
YoY Change -34.65% -5.02%
Total Long-Term Assets $44.31B $42.01B
YoY Change 5.49% -6.55%
TOTAL ASSETS
Total Short-Term Assets $4.551B $3.022B
Total Long-Term Assets $44.31B $42.01B
Total Assets $48.86B $45.03B
YoY Change 8.52% -8.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.306B $1.288B
YoY Change 1.4% 12.98%
Accrued Expenses $199.0M
YoY Change -12.33%
Deferred Revenue
YoY Change
Short-Term Debt $1.253B $853.0M
YoY Change 46.89% 160.86%
Long-Term Debt Due $900.0M $800.0M
YoY Change 12.5% 41.59%
Total Short-Term Liabilities $5.773B $4.888B
YoY Change 18.11% 15.75%
LONG-TERM LIABILITIES
Long-Term Debt $9.926B $8.830B
YoY Change 12.41% -35.35%
Other Long-Term Liabilities $2.522B $2.242B
YoY Change 12.49% -15.08%
Total Long-Term Liabilities $12.45B $11.07B
YoY Change 12.43% -32.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.773B $4.888B
Total Long-Term Liabilities $12.45B $11.07B
Total Liabilities $36.46B $33.92B
YoY Change 7.49% -9.41%
SHAREHOLDERS EQUITY
Retained Earnings $7.960B $7.049B
YoY Change 12.92% -8.81%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.40B $11.11B
YoY Change
Total Liabilities & Shareholders Equity $48.86B $45.03B
YoY Change 8.52% -8.83%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $536.0M -$94.00M
YoY Change -670.21% -227.03%
Depreciation, Depletion And Amortization $432.0M $434.0M
YoY Change -0.46% 4.58%
Cash From Operating Activities $43.00M $755.0M
YoY Change -94.3% 56.31%
INVESTING ACTIVITIES
Capital Expenditures -$916.0M -$855.0M
YoY Change 7.13% -8.65%
Acquisitions
YoY Change
Other Investing Activities $26.00M -$160.0M
YoY Change -116.25% 66.67%
Cash From Investing Activities -$890.0M -$1.015B
YoY Change -12.32% -1.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 888.0M 293.0M
YoY Change 203.07% 21.58%
NET CHANGE
Cash From Operating Activities 43.00M 755.0M
Cash From Investing Activities -890.0M -1.015B
Cash From Financing Activities 888.0M 293.0M
Net Change In Cash 41.00M 33.00M
YoY Change 24.24% -110.71%
FREE CASH FLOW
Cash From Operating Activities $43.00M $755.0M
Capital Expenditures -$916.0M -$855.0M
Free Cash Flow $959.0M $1.610B
YoY Change -40.43% 13.46%

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dei Document Period End Date
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dei Entity Registrant Name
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