2017 Q2 Form 10-Q Financial Statement

#000007274117000030 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $1.763B $1.767B
YoY Change -0.25% -2.75%
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 $182.1M $167.8M
YoY Change 8.52% 2.52%
% of Gross Profit
Operating Expenses $1.315B $1.344B
YoY Change -2.17% -4.36%
Operating Profit $448.2M $423.4M
YoY Change 5.86% 2.77%
Interest Expense $107.3M $100.5M
YoY Change 6.8% 8.92%
% of Operating Profit 23.95% 23.73%
Other Income/Expense, Net $29.00M $8.038M
YoY Change 260.79% -37.69%
Pretax Income $369.9M $331.0M
YoY Change 11.76% -0.51%
Income Tax $137.3M $125.4M
% Of Pretax Income 37.11% 37.9%
Net Earnings $232.6M $205.5M
YoY Change 13.19% -1.86%
Net Earnings / Revenue 13.19% 11.63%
Basic Earnings Per Share $0.73 $0.64
Diluted Earnings Per Share $0.73 $0.64
COMMON SHARES
Basic Shares Outstanding 317.4M shares 317.8M shares
Diluted Shares Outstanding 317.9M shares 318.5M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.00M $39.00M
YoY Change -35.9% -75.78%
Cash & Equivalents $78.73M $39.00M
Short-Term Investments
Other Short-Term Assets $157.4M $1.174B
YoY Change -86.6% 1766.93%
Inventory $286.0M $293.0M
Prepaid Expenses
Receivables $833.9M $806.0M
Other Receivables $0.00 $104.0M
Total Short-Term Assets $2.331B $2.415B
YoY Change -3.49% -1.43%
LONG-TERM ASSETS
Property, Plant & Equipment $22.07B $20.45B
YoY Change 7.94% 7.18%
Goodwill $3.519B
YoY Change
Intangibles
YoY Change
Long-Term Investments $565.0M $519.0M
YoY Change 8.86% 4.22%
Other Assets $590.7M $3.981B
YoY Change -85.16% 1156.56%
Total Long-Term Assets $8.257B $28.47B
YoY Change -71.0% 240.9%
TOTAL ASSETS
Total Short-Term Assets $2.331B $2.415B
Total Long-Term Assets $8.257B $28.47B
Total Assets $32.66B $30.88B
YoY Change 5.75% 3.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $587.2M $766.0M
YoY Change -23.35% 27.88%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $938.0M $767.0M
YoY Change 22.29% -19.6%
Long-Term Debt Due $1.484B $179.0M
YoY Change 728.98% -35.82%
Total Short-Term Liabilities $3.786B $2.304B
YoY Change 64.33% -18.85%
LONG-TERM LIABILITIES
Long-Term Debt $8.899B $9.436B
YoY Change -5.69% 8.59%
Other Long-Term Liabilities $860.6M $875.3M
YoY Change -1.68% -0.08%
Total Long-Term Liabilities $8.933B $8.478B
YoY Change 5.37% 5.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.786B $2.304B
Total Long-Term Liabilities $8.933B $8.478B
Total Liabilities $12.72B $10.78B
YoY Change 17.97% -44.82%
SHAREHOLDERS EQUITY
Retained Earnings $3.364B $2.963B
YoY Change 13.55% 12.04%
Common Stock $1.669B $1.669B
YoY Change 0.0% 0.01%
Preferred Stock
YoY Change
Treasury Stock (at cost) $317.8M -$310.0M
YoY Change -202.51% 0.0%
Treasury Stock Shares 16.99M shares 16.67M shares
Shareholders Equity $10.89B $10.51B
YoY Change
Total Liabilities & Shareholders Equity $32.66B $30.88B
YoY Change 5.75% 3.36%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $232.6M $205.5M
YoY Change 13.19% -1.86%
Depreciation, Depletion And Amortization $182.1M $167.8M
YoY Change 8.52% 2.52%
Cash From Operating Activities $449.7M $478.4M
YoY Change -6.0% 27.98%
INVESTING ACTIVITIES
Capital Expenditures -$623.4M -$437.7M
YoY Change 42.43% 15.85%
Acquisitions
YoY Change
Other Investing Activities -$30.00M -$4.600M
YoY Change 552.17% -117.36%
Cash From Investing Activities -$653.3M -$442.2M
YoY Change 47.74% 25.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 156.1M -48.50M
YoY Change -421.86% -14.91%
NET CHANGE
Cash From Operating Activities 449.7M 478.4M
Cash From Investing Activities -653.3M -442.2M
Cash From Financing Activities 156.1M -48.50M
Net Change In Cash -47.50M -12.30M
YoY Change 286.18% -64.35%
FREE CASH FLOW
Cash From Operating Activities $449.7M $478.4M
Capital Expenditures -$623.4M -$437.7M
Free Cash Flow $1.073B $916.1M
YoY Change 17.14% 21.89%

Facts In Submission

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