2014 Q3 Form 10-Q Financial Statement

#000003260414000034 Filed on August 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q2
Revenue $6.807B $6.312B $6.344B
YoY Change -0.07% -0.5% -2.16%
Cost Of Revenue $3.918B $3.674B $3.776B
YoY Change -2.25% -2.7% -2.07%
Gross Profit $2.889B $2.638B $2.568B
YoY Change 3.03% 2.73% -2.28%
Gross Profit Margin 42.44% 41.79% 40.48%
Selling, General & Admin $1.453B $1.424B $1.396B
YoY Change 1.47% 2.01% 4.33%
% of Gross Profit 50.29% 53.98% 54.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $208.0M $204.0M $201.0M
YoY Change 0.48% 1.49% -4.74%
% of Gross Profit 7.2% 7.73% 7.83%
Operating Expenses $1.508B $1.424B $1.396B
YoY Change -1.37% 2.01% 4.33%
Operating Profit $1.381B $1.214B $1.172B
YoY Change 8.31% 3.58% -9.15%
Interest Expense -$47.00M -$46.00M -$51.00M
YoY Change -16.07% -9.8% 0.0%
% of Operating Profit -3.4% -3.79% -4.35%
Other Income/Expense, Net -$30.00M -$21.00M
YoY Change 42.86% -75.0%
Pretax Income $816.0M $1.072B $511.0M
YoY Change -30.91% 109.78% -55.76%
Income Tax $401.0M $334.0M $297.0M
% Of Pretax Income 49.14% 31.16% 58.12%
Net Earnings $410.0M $728.0M $194.0M
YoY Change -48.43% 275.26% -74.81%
Net Earnings / Revenue 6.02% 11.53% 3.06%
Basic Earnings Per Share $0.59 $1.03 $0.27
Diluted Earnings Per Share $0.58 $1.03 $0.27
COMMON SHARES
Basic Shares Outstanding 697.9M shares 699.6M shares 716.9M shares
Diluted Shares Outstanding 703.3M shares 722.2M shares

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.149B $3.049B $2.810B
YoY Change -3.85% 8.51% 22.6%
Cash & Equivalents $3.149B $3.049B $2.810B
Short-Term Investments
Other Short-Term Assets $642.0M $739.0M $667.0M
YoY Change -37.12% 10.79% -10.23%
Inventory $2.057B $2.253B $2.304B
Prepaid Expenses
Receivables $5.019B $4.772B $4.725B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.87B $10.81B $10.51B
YoY Change -1.2% 2.92% 5.03%
LONG-TERM ASSETS
Property, Plant & Equipment $3.802B $3.737B $3.475B
YoY Change 5.46% 7.54% 1.67%
Goodwill $4.238B $7.917B $7.514B
YoY Change -43.56% 5.36% -14.02%
Intangibles $1.689B $1.768B $1.698B
YoY Change 1.02% 4.12% -8.51%
Long-Term Investments
YoY Change
Other Assets $637.0M $880.0M $320.0M
YoY Change -31.21% 175.0% 3.23%
Total Long-Term Assets $13.31B $14.30B $13.01B
YoY Change -2.93% 9.96% -9.19%
TOTAL ASSETS
Total Short-Term Assets $10.87B $10.81B $10.51B
Total Long-Term Assets $13.31B $14.30B $13.01B
Total Assets $24.18B $25.12B $23.51B
YoY Change -2.16% 6.81% -3.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.951B $2.645B $2.614B
YoY Change 8.29% 1.19% -0.11%
Accrued Expenses $2.876B $2.736B $2.783B
YoY Change -9.67% -1.69% 8.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $522.0M $2.975B $1.486B
YoY Change 95.51% 100.2% -27.86%
Total Short-Term Liabilities $8.454B $8.533B $6.950B
YoY Change 10.87% 22.78% -6.03%
LONG-TERM LIABILITIES
Long-Term Debt $3.559B $3.565B $4.059B
YoY Change -12.23% -12.17% 7.13%
Other Long-Term Liabilities $1.997B $2.144B $2.240B
YoY Change -13.66% -4.29% -9.53%
Total Long-Term Liabilities $5.556B $5.709B $6.299B
YoY Change -12.75% -9.37% 0.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.454B $8.533B $6.950B
Total Long-Term Liabilities $5.556B $5.709B $6.299B
Total Liabilities $14.01B $14.24B $13.25B
YoY Change 0.12% 7.49% -3.02%
SHAREHOLDERS EQUITY
Retained Earnings $19.87B $19.76B $18.43B
YoY Change 4.95% 7.21% 1.73%
Common Stock $477.0M $477.0M $477.0M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.811B $9.582B $8.388B
YoY Change 1535.17% 14.23% 10.04%
Treasury Stock Shares 256.7M shares 254.2M shares 237.5M shares
Shareholders Equity $10.12B $10.82B $10.12B
YoY Change
Total Liabilities & Shareholders Equity $24.18B $25.12B $23.51B
YoY Change -2.16% 6.81% -3.34%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $410.0M $728.0M $194.0M
YoY Change -48.43% 275.26% -74.81%
Depreciation, Depletion And Amortization $208.0M $204.0M $201.0M
YoY Change 0.48% 1.49% -4.74%
Cash From Operating Activities $1.408B $1.018B $990.0M
YoY Change -2.63% 2.83% 17.02%
INVESTING ACTIVITIES
Capital Expenditures -$194.0M -$176.0M -$140.0M
YoY Change -19.5% 25.71% -0.71%
Acquisitions
YoY Change
Other Investing Activities $61.00M -$90.00M -$48.00M
YoY Change -438.89% 87.5% 500.0%
Cash From Investing Activities -$133.0M -$266.0M -$188.0M
YoY Change -48.65% 41.49% 26.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.084B -431.0M -598.0M
YoY Change 47.48% -27.93% 21.05%
NET CHANGE
Cash From Operating Activities 1.408B 1.018B 990.0M
Cash From Investing Activities -133.0M -266.0M -188.0M
Cash From Financing Activities -1.084B -431.0M -598.0M
Net Change In Cash 191.0M 321.0M 204.0M
YoY Change -57.74% 57.35% 0.49%
FREE CASH FLOW
Cash From Operating Activities $1.408B $1.018B $990.0M
Capital Expenditures -$194.0M -$176.0M -$140.0M
Free Cash Flow $1.602B $1.194B $1.130B
YoY Change -5.04% 5.66% 14.49%

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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Year Focus
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dei Document Period End Date
DocumentPeriodEndDate
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dei Document Type
DocumentType
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dei Entity Central Index Key
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CY2014Q3 dei Entity Common Stock Shares Outstanding
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dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
EMERSON ELECTRIC CO

Files In Submission

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