2015 Q2 Form 10-Q Financial Statement

#000082705215000144 Filed on July 30, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $2.908B $3.016B
YoY Change -3.58% -0.98%
Cost Of Revenue $1.078B $1.168B
YoY Change -7.71% 8.55%
Gross Profit $1.830B $1.848B
YoY Change -0.97% -6.19%
Gross Profit Margin 62.93% 61.27%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $502.0M $432.0M
YoY Change 16.2% -0.46%
% of Gross Profit 27.43% 23.38%
Operating Expenses $1.306B $1.273B
YoY Change 2.59% -13.17%
Operating Profit $524.0M $575.0M
YoY Change -8.87% -909.86%
Interest Expense $138.0M $139.0M
YoY Change -0.72% 4.51%
% of Operating Profit 26.34% 24.17%
Other Income/Expense, Net $26.00M $30.00M
YoY Change -13.33% 50.0%
Pretax Income $412.0M $466.0M
YoY Change -11.59% -353.26%
Income Tax $6.000M $84.00M
% Of Pretax Income 1.46% 18.03%
Net Earnings $379.0M $536.0M
YoY Change -29.29% -670.21%
Net Earnings / Revenue 13.03% 17.77%
Basic Earnings Per Share $1.16 $1.64
Diluted Earnings Per Share $1.15 $1.63
COMMON SHARES
Basic Shares Outstanding 326.0M shares 326.0M shares
Diluted Shares Outstanding 328.0M shares 329.0M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $139.0M $190.0M
YoY Change -26.84% 28.38%
Cash & Equivalents $139.0M $190.0M
Short-Term Investments
Other Short-Term Assets $437.0M $433.0M
YoY Change 0.92% 254.92%
Inventory $276.0M $277.0M
Prepaid Expenses
Receivables $768.0M $1.034B
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.906B $4.551B
YoY Change -14.17% 50.6%
LONG-TERM ASSETS
Property, Plant & Equipment $33.73B $31.36B
YoY Change 7.53% 6.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.046B $4.942B
YoY Change 2.1% 12.91%
Other Assets $358.0M $445.0M
YoY Change -19.55% -34.65%
Total Long-Term Assets $47.33B $44.31B
YoY Change 6.82% 5.49%
TOTAL ASSETS
Total Short-Term Assets $3.906B $4.551B
Total Long-Term Assets $47.33B $44.31B
Total Assets $51.24B $48.86B
YoY Change 4.86% 8.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.294B $1.306B
YoY Change -0.92% 1.4%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.415B $1.253B
YoY Change 12.93% 46.89%
Long-Term Debt Due $204.0M $900.0M
YoY Change -77.33% 12.5%
Total Short-Term Liabilities $4.836B $5.773B
YoY Change -16.23% 18.11%
LONG-TERM LIABILITIES
Long-Term Debt $11.27B $9.926B
YoY Change 13.49% 12.41%
Other Long-Term Liabilities $2.220B $2.522B
YoY Change -11.97% 12.49%
Total Long-Term Liabilities $13.49B $12.45B
YoY Change 8.33% 12.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.836B $5.773B
Total Long-Term Liabilities $13.49B $12.45B
Total Liabilities $37.89B $36.46B
YoY Change 3.92% 7.49%
SHAREHOLDERS EQUITY
Retained Earnings $8.909B $7.960B
YoY Change 11.92% 12.92%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.35B $12.40B
YoY Change
Total Liabilities & Shareholders Equity $51.24B $48.86B
YoY Change 4.86% 8.52%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $379.0M $536.0M
YoY Change -29.29% -670.21%
Depreciation, Depletion And Amortization $502.0M $432.0M
YoY Change 16.2% -0.46%
Cash From Operating Activities $804.0M $43.00M
YoY Change 1769.77% -94.3%
INVESTING ACTIVITIES
Capital Expenditures -$929.0M -$916.0M
YoY Change 1.42% 7.13%
Acquisitions
YoY Change
Other Investing Activities -$11.00M $26.00M
YoY Change -142.31% -116.25%
Cash From Investing Activities -$940.0M -$890.0M
YoY Change 5.62% -12.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 160.0M 888.0M
YoY Change -81.98% 203.07%
NET CHANGE
Cash From Operating Activities 804.0M 43.00M
Cash From Investing Activities -940.0M -890.0M
Cash From Financing Activities 160.0M 888.0M
Net Change In Cash 24.00M 41.00M
YoY Change -41.46% 24.24%
FREE CASH FLOW
Cash From Operating Activities $804.0M $43.00M
Capital Expenditures -$929.0M -$916.0M
Free Cash Flow $1.733B $959.0M
YoY Change 80.71% -40.43%

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us-gaap Dilutive Securities
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us-gaap Dilutive Securities
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Income Tax Reconciliation State And Local Income Taxes
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us-gaap Income Tax Reconciliation State And Local Income Taxes
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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WeightedAverageNumberOfSharesOutstandingBasic
326000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
326000000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
326000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
326000000 shares

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sceq22015ex31-2.htm Edgar Link pending
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