2017 Q1 Form 10-Q Financial Statement

#000007274117000021 Filed on May 05, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $2.105B $2.056B
YoY Change 2.41% -18.21%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $210.8M $195.0M
YoY Change 8.1% 19.05%
% of Gross Profit
Operating Expenses $1.604B $1.567B
YoY Change 2.36% -22.27%
Operating Profit $501.0M $488.5M
YoY Change 2.56% -1.81%
Interest Expense $103.4M $98.21M
YoY Change 5.31% -203.6%
% of Operating Profit 20.64% 20.1%
Other Income/Expense, Net $21.60M $2.011M
YoY Change 974.09% -64.89%
Pretax Income $419.2M $392.3M
YoY Change 6.84% -3.92%
Income Tax $157.8M $146.3M
% Of Pretax Income 37.65% 37.29%
Net Earnings $261.3M $246.0M
YoY Change 6.22% -3.57%
Net Earnings / Revenue 12.41% 11.97%
Basic Earnings Per Share $0.82 $0.77
Diluted Earnings Per Share $0.82 $0.77
COMMON SHARES
Basic Shares Outstanding 317.5M shares 317.5M shares
Diluted Shares Outstanding 318.1M shares 318.5M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.00M $51.00M
YoY Change -9.8% -28.17%
Cash & Equivalents $126.3M $51.00M
Short-Term Investments
Other Short-Term Assets $182.7M $1.245B
YoY Change -85.33% 2.98%
Inventory $362.0M $359.0M
Prepaid Expenses
Receivables $879.5M $891.0M
Other Receivables $0.00 $44.00M
Total Short-Term Assets $2.511B $2.591B
YoY Change -3.07% -7.23%
LONG-TERM ASSETS
Property, Plant & Equipment $21.64B $20.10B
YoY Change 7.69% 6.84%
Goodwill $3.519B
YoY Change
Intangibles
YoY Change
Long-Term Investments $562.0M $503.0M
YoY Change 11.73% -2.9%
Other Assets $556.2M $4.003B
YoY Change -86.11% -7.14%
Total Long-Term Assets $8.202B $28.12B
YoY Change -70.83% 3.54%
TOTAL ASSETS
Total Short-Term Assets $2.511B $2.591B
Total Long-Term Assets $8.202B $28.12B
Total Assets $32.36B $30.71B
YoY Change 5.35% 2.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $745.9M $782.0M
YoY Change -4.62% -12.72%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $976.0M $770.0M
YoY Change 26.75% -23.31%
Long-Term Debt Due $773.9M $379.0M
YoY Change 104.19% 54.07%
Total Short-Term Liabilities $3.334B $2.594B
YoY Change 28.52% -16.65%
LONG-TERM LIABILITIES
Long-Term Debt $9.268B $9.145B
YoY Change 1.34% 6.31%
Other Long-Term Liabilities $848.8M $3.096B
YoY Change -72.58% -8.86%
Total Long-Term Liabilities $8.794B $12.24B
YoY Change -28.16% 2.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.334B $2.594B
Total Long-Term Liabilities $8.794B $12.24B
Total Liabilities $12.13B $20.12B
YoY Change -39.72% 2.19%
SHAREHOLDERS EQUITY
Retained Earnings $3.284B
YoY Change
Common Stock $1.669B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $317.8M
YoY Change
Treasury Stock Shares 16.99M shares 16.67M shares
Shareholders Equity $10.80B $10.59B
YoY Change
Total Liabilities & Shareholders Equity $32.36B $30.71B
YoY Change 5.35% 2.54%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $261.3M $246.0M
YoY Change 6.22% -3.57%
Depreciation, Depletion And Amortization $210.8M $195.0M
YoY Change 8.1% 19.05%
Cash From Operating Activities $445.3M $500.0M
YoY Change -10.92% 1.71%
INVESTING ACTIVITIES
Capital Expenditures $523.6M $431.5M
YoY Change 21.35% 19.0%
Acquisitions
YoY Change
Other Investing Activities $16.11M -$5.494M
YoY Change -393.14% 8224.24%
Cash From Investing Activities -$534.6M -$424.6M
YoY Change 25.9% 16.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $150.0M $0.00
YoY Change
Cash From Financing Activities $108.8M -$48.35M
YoY Change -324.98% -48.95%
NET CHANGE
Cash From Operating Activities $445.3M $500.0M
Cash From Investing Activities -$534.6M -$424.6M
Cash From Financing Activities $108.8M -$48.35M
Net Change In Cash $19.54M $27.02M
YoY Change -27.7% -16.41%
FREE CASH FLOW
Cash From Operating Activities $445.3M $500.0M
Capital Expenditures $523.6M $431.5M
Free Cash Flow -$78.25M $68.49M
YoY Change -214.25% -46.89%

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