2019 Q4 Form 10-Q Financial Statement
#000106121919000047 Filed on November 08, 2019
Income Statement
| Concept | 2019 Q4 | 2019 Q3 | 2019 Q2 |
|---|---|---|---|
| Revenue | $8.005B | $7.964B | $8.276B |
| YoY Change | -12.82% | -16.92% | -2.26% |
| Cost Of Revenue | $5.812B | $5.277B | $6.072B |
| YoY Change | -15.24% | -27.4% | -10.93% |
| Gross Profit | $2.194B | $2.688B | $2.204B |
| YoY Change | -5.68% | 15.94% | 33.58% |
| Gross Profit Margin | 27.4% | 33.75% | 26.63% |
| Selling, General & Admin | $51.50M | $55.50M | $52.50M |
| YoY Change | 0.59% | 4.72% | 2.94% |
| % of Gross Profit | 2.35% | 2.07% | 2.38% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $492.6M | $394.7M | $488.6M |
| YoY Change | 14.27% | -16.24% | 6.61% |
| % of Gross Profit | 22.46% | 14.69% | 22.17% |
| Operating Expenses | $828.8M | $846.3M | $776.3M |
| YoY Change | 2.73% | 7.26% | 0.69% |
| Operating Profit | $1.418B | $1.474B | $1.560B |
| YoY Change | -13.56% | -10.29% | 58.18% |
| Interest Expense | -$139.2M | $382.9M | -$179.3M |
| YoY Change | -23.39% | -305.86% | 10.68% |
| % of Operating Profit | -9.82% | 25.97% | -11.49% |
| Other Income/Expense, Net | -$13.50M | -$414.0M | $2.600M |
| YoY Change | -686.96% | ||
| Pretax Income | $1.134B | $1.060B | $1.246B |
| YoY Change | -14.83% | -21.23% | 76.52% |
| Income Tax | $8.200M | $15.40M | $9.700M |
| % Of Pretax Income | 0.72% | 1.45% | 0.78% |
| Net Earnings | $1.097B | $1.019B | $1.215B |
| YoY Change | -14.62% | -22.39% | 80.28% |
| Net Earnings / Revenue | 13.7% | 12.8% | 14.68% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $498.1K | $462.8K | $551.5K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 2.189B | 2.189B | |
| Diluted Shares Outstanding | 2.202B |
Balance Sheet
| Concept | 2019 Q4 | 2019 Q3 | 2019 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $334.7M | $1.208B | $107.3M |
| YoY Change | -2.93% | 3926.0% | 85.0% |
| Cash & Equivalents | $334.7M | $1.208B | $107.3M |
| Short-Term Investments | |||
| Other Short-Term Assets | $543.1M | $573.8M | $602.8M |
| YoY Change | 2.24% | -47.65% | -32.65% |
| Inventory | $2.091B | $1.645B | $1.586B |
| Prepaid Expenses | |||
| Receivables | $4.874B | $4.488B | $3.963B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $7.863B | $7.914B | $6.259B |
| YoY Change | 29.74% | 2.96% | -10.63% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $41.60B | $40.98B | $40.09B |
| YoY Change | 7.4% | 8.41% | 8.19% |
| Goodwill | $5.750B | ||
| YoY Change | 0.08% | ||
| Intangibles | $3.449B | ||
| YoY Change | -4.42% | ||
| Long-Term Investments | $2.600B | $2.661B | $2.652B |
| YoY Change | -0.57% | 2.22% | 2.71% |
| Other Assets | $472.5M | $223.2M | $216.3M |
| YoY Change | 132.99% | -14.48% | -6.77% |
| Total Long-Term Assets | $53.87B | $53.10B | $52.46B |
| YoY Change | 5.82% | 6.06% | 6.4% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $7.863B | $7.914B | $6.259B |
| Total Long-Term Assets | $53.87B | $53.10B | $52.46B |
| Total Assets | $61.73B | $61.02B | $58.72B |
| YoY Change | 8.36% | 5.65% | 4.28% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.005B | $1.183B | $1.152B |
| YoY Change | -8.91% | -8.2% | 17.68% |
| Accrued Expenses | $5.388B | $4.475B | $4.046B |
| YoY Change | 39.17% | -16.19% | -20.44% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| Long-Term Debt Due | $1.982B | $2.300B | $500.0M |
| YoY Change | 32.12% | 229.51% | -28.47% |
| Total Short-Term Liabilities | $9.130B | $8.670B | $6.264B |
| YoY Change | 27.38% | -20.62% | -33.71% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $25.64B | $25.64B | $26.39B |
| YoY Change | 3.91% | 13.91% | 14.62% |
| Other Long-Term Liabilities | $1.032B | $1.090B | $1.013B |
| YoY Change | 37.36% | 45.88% | 48.49% |
| Total Long-Term Liabilities | $26.68B | $26.73B | $27.40B |
| YoY Change | 4.9% | 14.93% | 15.59% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $9.130B | $8.670B | $6.264B |
| Total Long-Term Liabilities | $26.68B | $26.73B | $27.40B |
| Total Liabilities | $35.81B | $36.52B | $34.28B |
| YoY Change | 9.84% | 5.31% | 1.91% |
| 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 | $24.76B | $24.50B | $24.44B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $61.73B | $61.02B | $58.72B |
| YoY Change | 8.36% | 5.65% | 4.28% |
Cashflow Statement
| Concept | 2019 Q4 | 2019 Q3 | 2019 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $1.097B | $1.019B | $1.215B |
| YoY Change | -14.62% | -22.39% | 80.28% |
| Depreciation, Depletion And Amortization | $492.6M | $394.7M | $488.6M |
| YoY Change | 14.27% | -16.24% | 6.61% |
| Cash From Operating Activities | $1.694B | $1.643B | $2.023B |
| YoY Change | -8.47% | 4.12% | 38.18% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$1.230B | -$1.041B | -$1.112B |
| YoY Change | 0.87% | -3.86% | 14.09% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $26.90M | -$45.00M | -$100.0K |
| YoY Change | -77.62% | 345.54% | -102.44% |
| Cash From Investing Activities | -$1.203B | -$1.086B | -$1.112B |
| YoY Change | 9.46% | -0.63% | 14.58% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.289B | 544.3M | -911.5M |
| YoY Change | 107.57% | -199.56% | 147.82% |
| NET CHANGE | |||
| Cash From Operating Activities | 1.694B | 1.643B | 2.023B |
| Cash From Investing Activities | -1.203B | -1.086B | -1.112B |
| Cash From Financing Activities | -1.289B | 544.3M | -911.5M |
| Net Change In Cash | -797.8M | 1.101B | -200.0K |
| YoY Change | -709.01% | -1863.62% | -100.16% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.694B | $1.643B | $2.023B |
| Capital Expenditures | -$1.230B | -$1.041B | -$1.112B |
| Free Cash Flow | $2.924B | $2.684B | $3.135B |
| YoY Change | -4.76% | 0.87% | 28.56% |
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