2023 Q4 Form 10-Q Financial Statement
#000106121923000022 Filed on November 09, 2023
Income Statement
| Concept | 2023 Q4 | 2023 Q3 |
|---|---|---|
| Revenue | $14.62B | $12.00B |
| YoY Change | 7.12% | -22.43% |
| Cost Of Revenue | $11.81B | $8.786B |
| YoY Change | 6.8% | -28.68% |
| Gross Profit | $2.808B | $3.212B |
| YoY Change | 8.5% | 2.0% |
| Gross Profit Margin | 19.2% | 26.77% |
| Selling, General & Admin | $57.00M | $59.00M |
| YoY Change | -8.06% | 7.27% |
| % of Gross Profit | 2.03% | 1.84% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $585.0M | $476.0M |
| YoY Change | 5.03% | 6.73% |
| % of Gross Profit | 20.83% | 14.82% |
| Operating Expenses | $1.003B | $1.045B |
| YoY Change | 5.69% | 6.52% |
| Operating Profit | $1.805B | $1.695B |
| YoY Change | 10.13% | -0.99% |
| Interest Expense | -$199.0M | $328.0M |
| YoY Change | 19.88% | 6.15% |
| % of Operating Profit | -11.02% | 19.35% |
| Other Income/Expense, Net | -$6.000M | -$323.0M |
| YoY Change | -160.0% | 6.95% |
| Pretax Income | $1.601B | $1.372B |
| YoY Change | 8.18% | -2.7% |
| Income Tax | -$1.000M | $22.00M |
| % Of Pretax Income | -0.06% | 1.6% |
| Net Earnings | $1.554B | $1.318B |
| YoY Change | 10.37% | -3.09% |
| Net Earnings / Revenue | 10.63% | 10.99% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $0.72 | $0.60 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 2.172B | 2.172B |
| Diluted Shares Outstanding | 2.194B |
Balance Sheet
| Concept | 2023 Q4 | 2023 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $180.0M | $171.0M |
| YoY Change | 136.84% | 2.4% |
| Cash & Equivalents | $180.0M | $171.0M |
| Short-Term Investments | ||
| Other Short-Term Assets | $933.0M | $976.0M |
| YoY Change | -5.47% | -2.89% |
| Inventory | $3.352B | $3.345B |
| Prepaid Expenses | ||
| Receivables | $7.783B | $6.940B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $12.25B | $11.43B |
| YoY Change | 15.57% | 3.16% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $45.80B | $45.34B |
| YoY Change | 3.16% | 2.66% |
| Goodwill | $5.608B | $5.608B |
| YoY Change | 0.0% | 0.0% |
| Intangibles | $3.770B | $3.821B |
| YoY Change | -4.92% | -4.71% |
| Long-Term Investments | $2.330B | $2.337B |
| YoY Change | -0.94% | -0.81% |
| Other Assets | $1.222B | $1.266B |
| YoY Change | 3.21% | 4.28% |
| Total Long-Term Assets | $58.73B | $58.37B |
| YoY Change | 2.13% | 1.77% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $12.25B | $11.43B |
| Total Long-Term Assets | $58.73B | $58.37B |
| Total Assets | $70.98B | $69.80B |
| YoY Change | 4.22% | 2.0% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.394B | $1.110B |
| YoY Change | 87.62% | 47.21% |
| Accrued Expenses | $9.441B | $8.770B |
| YoY Change | 11.41% | 6.25% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $1.300B | $1.470B |
| YoY Change | -25.46% | -44.61% |
| Total Short-Term Liabilities | $13.13B | $12.48B |
| YoY Change | 7.06% | -3.27% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $27.45B | $27.45B |
| YoY Change | 3.38% | 3.38% |
| Other Long-Term Liabilities | $984.0M | $1.007B |
| YoY Change | 4.57% | 7.36% |
| Total Long-Term Liabilities | $28.43B | $28.45B |
| YoY Change | 3.42% | 3.52% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $13.13B | $12.48B |
| Total Long-Term Liabilities | $28.43B | $28.45B |
| Total Liabilities | $41.56B | $40.93B |
| YoY Change | 4.54% | 1.35% |
| 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 | $27.72B | $27.20B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $70.98B | $69.80B |
| YoY Change | 4.22% | 2.0% |
Cashflow Statement
| Concept | 2023 Q4 | 2023 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $1.554B | $1.318B |
| YoY Change | 10.37% | -3.09% |
| Depreciation, Depletion And Amortization | $585.0M | $476.0M |
| YoY Change | 5.03% | 6.73% |
| Cash From Operating Activities | $2.366B | $1.718B |
| YoY Change | -13.17% | 63.62% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $1.012B | $821.0M |
| YoY Change | 32.98% | -273.94% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $35.00M | $3.000M |
| YoY Change | -69.83% | -90.32% |
| Cash From Investing Activities | -$977.0M | -$818.0M |
| YoY Change | 51.47% | 85.49% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -1.383B | -863.0M |
| YoY Change | -35.04% | 14.91% |
| NET CHANGE | ||
| Cash From Operating Activities | 2.366B | 1.718B |
| Cash From Investing Activities | -977.0M | -818.0M |
| Cash From Financing Activities | -1.383B | -863.0M |
| Net Change In Cash | 6.000M | 37.00M |
| YoY Change | -112.24% | -126.06% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $2.366B | $1.718B |
| Capital Expenditures | $1.012B | $821.0M |
| Free Cash Flow | $1.354B | $897.0M |
| YoY Change | -31.06% | -41.06% |
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