2018 Q2 Form 10-Q Financial Statement

#000082705218000136 Filed on July 26, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $2.815B $2.965B
YoY Change -5.06% 6.77%
Cost Of Revenue $1.112B $1.175B
YoY Change -5.36% 10.43%
Gross Profit $1.703B $1.790B
YoY Change -4.86% 4.5%
Gross Profit Margin 60.5% 60.37%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $595.0M $528.0M
YoY Change 12.69% 0.38%
% of Gross Profit 34.94% 29.5%
Operating Expenses $1.278B $1.304B
YoY Change -1.99% -0.53%
Operating Profit $420.0M $470.0M
YoY Change -10.64% 23.36%
Interest Expense $180.0M $159.0M
YoY Change 13.21% 10.42%
% of Operating Profit 42.86% 33.83%
Other Income/Expense, Net $49.00M $24.00M
YoY Change 104.17% 9.09%
Pretax Income $289.0M $335.0M
YoY Change -13.73% 29.34%
Income Tax -$9.000M $26.00M
% Of Pretax Income -3.11% 7.76%
Net Earnings $276.0M $278.0M
YoY Change -0.72% -0.71%
Net Earnings / Revenue 9.8% 9.38%
Basic Earnings Per Share $0.85 $0.85
Diluted Earnings Per Share $0.84 $0.85
COMMON SHARES
Basic Shares Outstanding 326.0M shares 326.0M shares
Diluted Shares Outstanding 327.0M shares 329.0M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $99.00M $98.00M
YoY Change 1.02% -11.71%
Cash & Equivalents $99.00M $98.00M
Short-Term Investments
Other Short-Term Assets $162.0M $289.0M
YoY Change -43.94% 35.05%
Inventory $252.0M $235.0M
Prepaid Expenses
Receivables $822.0M $833.0M
Other Receivables $132.0M $0.00
Total Short-Term Assets $3.257B $2.546B
YoY Change 27.93% -4.25%
LONG-TERM ASSETS
Property, Plant & Equipment $39.83B $37.51B
YoY Change 6.18% 4.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.378B $4.468B
YoY Change -2.01% -1.74%
Other Assets $332.0M $377.0M
YoY Change -11.94% 6.8%
Total Long-Term Assets $49.56B $50.21B
YoY Change -1.28% 3.44%
TOTAL ASSETS
Total Short-Term Assets $3.257B $2.546B
Total Long-Term Assets $49.56B $50.21B
Total Assets $52.82B $52.75B
YoY Change 0.13% 3.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.255B $1.113B
YoY Change 12.76% -4.55%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $300.0M $566.0M
YoY Change -47.0% -29.25%
Long-Term Debt Due $479.0M $581.0M
YoY Change -17.56% -16.52%
Total Short-Term Liabilities $4.922B $4.602B
YoY Change 6.95% -10.62%
LONG-TERM LIABILITIES
Long-Term Debt $13.85B $11.66B
YoY Change 18.72% 7.53%
Other Long-Term Liabilities $2.853B $2.143B
YoY Change 33.13% 2.98%
Total Long-Term Liabilities $16.70B $13.81B
YoY Change 20.96% 6.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.922B $4.602B
Total Long-Term Liabilities $16.70B $13.81B
Total Liabilities $38.85B $37.94B
YoY Change 2.39% 1.31%
SHAREHOLDERS EQUITY
Retained Earnings $9.286B $9.679B
YoY Change -4.06% 6.23%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.97B $14.80B
YoY Change
Total Liabilities & Shareholders Equity $52.82B $52.75B
YoY Change 0.13% 3.04%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $276.0M $278.0M
YoY Change -0.72% -0.71%
Depreciation, Depletion And Amortization $595.0M $528.0M
YoY Change 12.69% 0.38%
Cash From Operating Activities $401.0M $554.0M
YoY Change -27.62% -3.99%
INVESTING ACTIVITIES
Capital Expenditures -$1.022B -$815.0M
YoY Change 25.4% -7.07%
Acquisitions
YoY Change
Other Investing Activities $131.0M $94.00M
YoY Change 39.36% 213.33%
Cash From Investing Activities -$891.0M -$721.0M
YoY Change 23.58% -14.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 491.0M 111.0M
YoY Change 342.34% -54.51%
NET CHANGE
Cash From Operating Activities 401.0M 554.0M
Cash From Investing Activities -891.0M -721.0M
Cash From Financing Activities 491.0M 111.0M
Net Change In Cash 1.000M -56.00M
YoY Change -101.79% 115.38%
FREE CASH FLOW
Cash From Operating Activities $401.0M $554.0M
Capital Expenditures -$1.022B -$815.0M
Free Cash Flow $1.423B $1.369B
YoY Change 3.94% -5.85%

Facts In Submission

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CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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