2008 Form 10-K Financial Statement
#000091538911000022 Filed on February 23, 2011
Income Statement
| Concept | 2008 |
|---|---|
| Revenue | $5.936B |
| YoY Change | -13.09% |
| Cost Of Revenue | $4.852B |
| YoY Change | -13.94% |
| Gross Profit | $1.084B |
| YoY Change | -9.06% |
| Gross Profit Margin | 18.26% |
| Selling, General & Admin | $384.0M |
| YoY Change | -8.57% |
| % of Gross Profit | 35.42% |
| Research & Development | $143.0M |
| YoY Change | -8.33% |
| % of Gross Profit | 13.19% |
| Depreciation & Amortization | $267.0M |
| YoY Change | -18.35% |
| % of Gross Profit | 24.63% |
| Operating Expenses | $527.0M |
| YoY Change | -8.51% |
| Operating Profit | $557.0M |
| YoY Change | -9.58% |
| Interest Expense | -$93.00M |
| YoY Change | 138.46% |
| % of Operating Profit | -16.7% |
| Other Income/Expense, Net | $3.000M |
| YoY Change | -40.0% |
| Pretax Income | $461.0M |
| YoY Change | -1.91% |
| Income Tax | $116.0M |
| % Of Pretax Income | 25.16% |
| Net Earnings | $346.0M |
| YoY Change | 15.33% |
| Net Earnings / Revenue | 5.83% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $2.276M |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2008 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $387.0M |
| YoY Change | -56.42% |
| Cash & Equivalents | $387.0M |
| Short-Term Investments | |
| Other Short-Term Assets | $45.00M |
| YoY Change | -78.37% |
| Inventory | $637.0M |
| Prepaid Expenses | |
| Receivables | $275.0M |
| Other Receivables | $79.00M |
| Total Short-Term Assets | $1.423B |
| YoY Change | -37.94% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $3.198B |
| YoY Change | 12.37% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $39.00M |
| YoY Change | |
| Other Assets | $296.0M |
| YoY Change | -46.57% |
| Total Long-Term Assets | $3.858B |
| YoY Change | 3.82% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $1.423B |
| Total Long-Term Assets | $3.858B |
| Total Assets | $5.281B |
| YoY Change | -12.12% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $390.0M |
| YoY Change | -32.53% |
| Accrued Expenses | $159.0M |
| YoY Change | -5.92% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $4.000M |
| YoY Change | -33.33% |
| Long-Term Debt Due | $13.00M |
| YoY Change | -81.94% |
| Total Short-Term Liabilities | $832.0M |
| YoY Change | -25.85% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.442B |
| YoY Change | -6.06% |
| Other Long-Term Liabilities | $1.348B |
| YoY Change | 38.97% |
| Total Long-Term Liabilities | $2.790B |
| YoY Change | 11.38% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $832.0M |
| Total Long-Term Liabilities | $2.790B |
| Total Liabilities | $3.728B |
| YoY Change | -5.07% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $1.553B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $5.281B |
| YoY Change | -12.12% |
Cashflow Statement
| Concept | 2008 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $346.0M |
| YoY Change | 15.33% |
| Depreciation, Depletion And Amortization | $267.0M |
| YoY Change | -18.35% |
| Cash From Operating Activities | $653.0M |
| YoY Change | -10.79% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$644.0M |
| YoY Change | 21.74% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $268.0M |
| YoY Change | 38.14% |
| Cash From Investing Activities | -$376.0M |
| YoY Change | 12.24% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -779.0M |
| YoY Change | 73.88% |
| NET CHANGE | |
| Cash From Operating Activities | 653.0M |
| Cash From Investing Activities | -376.0M |
| Cash From Financing Activities | -779.0M |
| Net Change In Cash | -502.0M |
| YoY Change | 884.31% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $653.0M |
| Capital Expenditures | -$644.0M |
| Free Cash Flow | $1.297B |
| YoY Change | 2.85% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2008 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
116000000 | |
| CY2009 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
19000000 | |
| CY2010 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
24000000 | |
| CY2009 | emn |
Other Items
OtherItems
|
-3000000 | |
| CY2010 | emn |
Other Items
OtherItems
|
6000000 |
