2015 Q4 Form 10-Q Financial Statement

#000082705215000180 Filed on October 27, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $2.341B $3.763B $4.356B
YoY Change -24.82% -13.61% 10.0%
Cost Of Revenue $618.0M $1.785B $2.105B
YoY Change -50.52% -15.2% 22.88%
Gross Profit $1.723B $1.978B $2.251B
YoY Change -7.66% -12.13% 0.18%
Gross Profit Margin 73.6% 52.56% 51.68%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $490.0M $528.0M $384.0M
YoY Change -13.58% 37.5% -2.04%
% of Gross Profit 28.44% 26.69% 17.06%
Operating Expenses $1.380B $1.370B $1.380B
YoY Change 10.93% -0.72% -5.35%
Operating Profit $340.0M $608.0M $874.0M
YoY Change -50.94% -30.43% 10.77%
Interest Expense -$135.0M $138.0M $141.0M
YoY Change -2.17% -2.13% 2.92%
% of Operating Profit -39.71% 22.7% 16.13%
Other Income/Expense, Net $41.00M $17.00M $11.00M
YoY Change 310.0% 54.55% -15.38%
Pretax Income $244.0M $487.0M $744.0M
YoY Change -56.81% -34.54% 11.88%
Income Tax $291.0M $82.00M $220.0M
% Of Pretax Income 119.26% 16.84% 29.57%
Net Earnings -$50.00M $421.0M $480.0M
YoY Change -111.9% -12.29% 9.59%
Net Earnings / Revenue -2.14% 11.19% 11.02%
Basic Earnings Per Share -$0.24 $1.29 $1.47
Diluted Earnings Per Share -$0.24 $1.28 $1.46
COMMON SHARES
Basic Shares Outstanding 325.8M shares 326.0M shares 326.0M shares
Diluted Shares Outstanding 328.0M shares 329.0M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $161.0M $134.0M $142.0M
YoY Change 21.97% -5.63% -76.72%
Cash & Equivalents $161.0M $134.0M $142.0M
Short-Term Investments
Other Short-Term Assets $251.0M $446.0M $467.0M
YoY Change -33.24% -4.5% 201.29%
Inventory $267.0M $270.0M $275.0M
Prepaid Expenses
Receivables $771.0M $1.211B $1.218B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.654B $3.792B $4.498B
YoY Change -25.6% -15.7% 24.84%
LONG-TERM ASSETS
Property, Plant & Equipment $35.09B $34.20B $32.02B
YoY Change 6.38% 6.81% 7.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.534B $4.596B $4.945B
YoY Change -9.43% -7.06% 9.09%
Other Assets $360.0M $371.0M $437.0M
YoY Change 3.15% -15.1% -17.08%
Total Long-Term Assets $47.58B $47.48B $44.98B
YoY Change 3.05% 5.56% 4.37%
TOTAL ASSETS
Total Short-Term Assets $2.654B $3.792B $4.498B
Total Long-Term Assets $47.58B $47.48B $44.98B
Total Assets $50.23B $51.27B $49.48B
YoY Change 1.0% 3.63% 5.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.310B $1.330B $1.455B
YoY Change -17.09% -8.59% 17.34%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $695.0M $1.154B $1.349B
YoY Change -46.17% -14.46% -11.71%
Long-Term Debt Due $295.0M $295.0M $704.0M
YoY Change -41.47% -58.1% 75.56%
Total Short-Term Liabilities $4.927B $5.239B $5.849B
YoY Change -10.07% -10.43% 8.54%
LONG-TERM LIABILITIES
Long-Term Debt $10.88B $10.96B $10.13B
YoY Change 6.34% 8.13% 9.76%
Other Long-Term Liabilities $2.246B $2.316B $2.225B
YoY Change -0.4% 4.09% 5.1%
Total Long-Term Liabilities $13.13B $13.27B $12.36B
YoY Change 5.12% 7.4% 8.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.927B $5.239B $5.849B
Total Long-Term Liabilities $13.13B $13.27B $12.36B
Total Liabilities $36.84B $37.64B $36.72B
YoY Change 0.24% 2.51% 4.14%
SHAREHOLDERS EQUITY
Retained Earnings $8.940B $9.180B $8.314B
YoY Change 4.28% 10.42% 12.79%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.39B $13.62B $12.76B
YoY Change
Total Liabilities & Shareholders Equity $50.23B $51.27B $49.48B
YoY Change 1.0% 3.63% 5.95%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$50.00M $421.0M $480.0M
YoY Change -111.9% -12.29% 9.59%
Depreciation, Depletion And Amortization $490.0M $528.0M $384.0M
YoY Change -13.58% 37.5% -2.04%
Cash From Operating Activities $1.676B $1.065B $1.419B
YoY Change 37.26% -24.95% 75.4%
INVESTING ACTIVITIES
Capital Expenditures -$1.091B -$937.0M -$1.000B
YoY Change 3.9% -6.3% 7.87%
Acquisitions
YoY Change
Other Investing Activities $56.00M $314.0M -$4.000M
YoY Change -29.11% -7950.0% -107.84%
Cash From Investing Activities -$1.035B -$623.0M -$1.004B
YoY Change 6.59% -37.95% 14.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -614.0M -447.0M -463.0M
YoY Change 136.15% -3.46% -187.52%
NET CHANGE
Cash From Operating Activities 1.676B 1.065B 1.419B
Cash From Investing Activities -1.035B -623.0M -1.004B
Cash From Financing Activities -614.0M -447.0M -463.0M
Net Change In Cash 27.00M -5.000M -48.00M
YoY Change -370.0% -89.58% -110.39%
FREE CASH FLOW
Cash From Operating Activities $1.676B $1.065B $1.419B
Capital Expenditures -$1.091B -$937.0M -$1.000B
Free Cash Flow $2.767B $2.002B $2.419B
YoY Change 21.84% -17.24% 39.34%

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us-gaap Earnings Per Share Basic
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CY2015Q3 us-gaap Earnings Per Share Diluted
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us-gaap Income Loss From Continuing Operations
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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 Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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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 Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2014Q3 us-gaap Income Tax Expense Benefit
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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 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 Interest Expense
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84000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2014Q4 us-gaap Money Market Funds At Carrying Value
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Notes Issued1
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us-gaap Notes Issued1
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CY2014Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2015Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2014Q3 us-gaap Other Cost And Expense Operating
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us-gaap Public Utilities Allowance For Funds Used During Construction Additions
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CY2014Q3 us-gaap Revenues
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CY2014Q4 us-gaap Taxes Payable Current
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CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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Files In Submission

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0000827052-15-000180-index-headers.html Edgar Link pending
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0000827052-15-000180.txt Edgar Link pending
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