2018 Q1 Form 10-Q Financial Statement

#000007274118000042 Filed on May 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $2.288B $2.105B
YoY Change 8.69% 2.41%
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 $249.5M $210.8M
YoY Change 18.36% 8.1%
% of Gross Profit
Operating Expenses $1.845B $1.604B
YoY Change 15.04% 2.36%
Operating Profit $442.5M $501.0M
YoY Change -11.68% 2.56%
Interest Expense $121.1M $103.4M
YoY Change 17.11% 5.31%
% of Operating Profit 27.37% 20.64%
Other Income/Expense, Net $33.79M $21.60M
YoY Change 56.43% 974.09%
Pretax Income $355.2M $419.2M
YoY Change -15.26% 6.84%
Income Tax $83.77M $157.8M
% Of Pretax Income 23.58% 37.65%
Net Earnings $271.4M $261.3M
YoY Change 3.87% 6.22%
Net Earnings / Revenue 11.86% 12.41%
Basic Earnings Per Share $0.85 $0.82
Diluted Earnings Per Share $0.85 $0.82
COMMON SHARES
Basic Shares Outstanding 317.4M shares 317.5M shares
Diluted Shares Outstanding 318.0M shares 318.1M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $304.0M $46.00M
YoY Change 560.87% -9.8%
Cash & Equivalents $362.6M $126.3M
Short-Term Investments
Other Short-Term Assets $210.5M $182.7M
YoY Change 15.26% -85.33%
Inventory $264.0M $362.0M
Prepaid Expenses
Receivables $1.086B $879.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.771B $2.511B
YoY Change 10.35% -3.07%
LONG-TERM ASSETS
Property, Plant & Equipment $23.96B $21.64B
YoY Change 10.71% 7.69%
Goodwill $4.427B $3.519B
YoY Change 25.8%
Intangibles
YoY Change
Long-Term Investments $580.0M $562.0M
YoY Change 3.2% 11.73%
Other Assets $646.6M $556.2M
YoY Change 16.26% -86.11%
Total Long-Term Assets $10.31B $8.202B
YoY Change 25.7% -70.83%
TOTAL ASSETS
Total Short-Term Assets $2.771B $2.511B
Total Long-Term Assets $10.31B $8.202B
Total Assets $37.04B $32.36B
YoY Change 14.48% 5.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $984.3M $745.9M
YoY Change 31.97% -4.62%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.049B $976.0M
YoY Change 7.48% 26.75%
Long-Term Debt Due $1.097B $773.9M
YoY Change 41.79% 104.19%
Total Short-Term Liabilities $4.096B $3.334B
YoY Change 22.86% 28.52%
LONG-TERM LIABILITIES
Long-Term Debt $12.02B $9.268B
YoY Change 29.65% 1.34%
Other Long-Term Liabilities $1.054B $848.8M
YoY Change 24.15% -72.58%
Total Long-Term Liabilities $9.589B $8.794B
YoY Change 9.04% -28.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.096B $3.334B
Total Long-Term Liabilities $9.589B $8.794B
Total Liabilities $13.68B $12.13B
YoY Change 12.84% -39.72%
SHAREHOLDERS EQUITY
Retained Earnings $3.671B $3.284B
YoY Change 11.77%
Common Stock $1.669B $1.669B
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $317.8M $317.8M
YoY Change 0.0%
Treasury Stock Shares 16.99M shares 16.99M shares
Shareholders Equity $11.18B $10.80B
YoY Change
Total Liabilities & Shareholders Equity $37.04B $32.36B
YoY Change 14.48% 5.35%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $271.4M $261.3M
YoY Change 3.87% 6.22%
Depreciation, Depletion And Amortization $249.5M $210.8M
YoY Change 18.36% 8.1%
Cash From Operating Activities $177.7M $445.3M
YoY Change -60.1% -10.92%
INVESTING ACTIVITIES
Capital Expenditures $607.3M $523.6M
YoY Change 15.99% 21.35%
Acquisitions
YoY Change
Other Investing Activities -$2.140M $16.11M
YoY Change -113.29% -393.14%
Cash From Investing Activities -$479.7M -$534.6M
YoY Change -10.26% 25.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $150.2M $150.0M
YoY Change 0.15%
Cash From Financing Activities $578.7M $108.8M
YoY Change 432.08% -324.98%
NET CHANGE
Cash From Operating Activities $177.7M $445.3M
Cash From Investing Activities -$479.7M -$534.6M
Cash From Financing Activities $578.7M $108.8M
Net Change In Cash $276.7M $19.54M
YoY Change 1316.56% -27.7%
FREE CASH FLOW
Cash From Operating Activities $177.7M $445.3M
Capital Expenditures $607.3M $523.6M
Free Cash Flow -$429.6M -$78.25M
YoY Change 448.98% -214.25%

Facts In Submission

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