2022 Q3 Form 10-Q Financial Statement

#000007274122000026 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $3.216B $2.573B $3.471B
YoY Change 32.18% 21.21% 22.84%
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 $413.4M $364.6M $526.3M
YoY Change 28.35% 30.12% 38.98%
% of Gross Profit
Operating Expenses $2.658B $2.117B $2.808B
YoY Change 36.36% 26.7% 25.35%
Operating Profit $557.3M $455.6M $663.1M
YoY Change 15.31% 0.89% 13.23%
Interest Expense $178.2M $160.1M $153.2M
YoY Change 20.41% 10.11% 11.21%
% of Operating Profit 31.98% 35.14% 23.11%
Other Income/Expense, Net $89.80M $93.90M $71.60M
YoY Change 105.02% 101.5% 109.36%
Pretax Income $469.0M $389.3M $581.4M
YoY Change 23.69% 10.36% 20.62%
Income Tax $117.7M $95.60M $136.0M
% Of Pretax Income 25.09% 24.55% 23.4%
Net Earnings $351.3M $293.7M $445.3M
YoY Change 23.24% 10.26% 21.0%
Net Earnings / Revenue 10.92% 11.42% 12.83%
Basic Earnings Per Share $1.01 $0.84 $1.28
Diluted Earnings Per Share $1.00 $0.84 $1.28
COMMON SHARES
Basic Shares Outstanding 346.4M shares 345.9M shares 345.2M shares
Diluted Shares Outstanding 347.8M shares 346.3M shares 345.7M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $485.7M $29.54M $46.18M
YoY Change 450.67% -86.41% 35.81%
Cash & Equivalents $485.7M $156.7M $164.6M
Short-Term Investments
Other Short-Term Assets $333.1M $289.3M $350.9M
YoY Change 206.15% 9.39% 46.99%
Inventory $322.2M $262.4M $287.0M
Prepaid Expenses
Receivables $1.454B $1.346B $1.469B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.920B $3.268B $3.474B
YoY Change 27.53% -0.02% 10.39%
LONG-TERM ASSETS
Property, Plant & Equipment $35.03B $34.41B $33.85B
YoY Change 7.89% 7.93% 8.28%
Goodwill $4.478B $4.478B $4.477B
YoY Change 0.54% 0.54% 0.54%
Intangibles
YoY Change
Long-Term Investments $2.053B $1.720B $1.545B
YoY Change 51.4% 42.69% 35.61%
Other Assets $622.1M $626.8M $943.8M
YoY Change -15.69% -12.82% 48.85%
Total Long-Term Assets $47.68B $46.65B $45.82B
YoY Change 6.1% 6.1% 5.64%
TOTAL ASSETS
Total Short-Term Assets $3.920B $3.268B $3.474B
Total Long-Term Assets $47.68B $46.65B $45.82B
Total Assets $51.60B $49.92B $49.29B
YoY Change 7.47% 5.68% 5.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.460B $1.354B $1.494B
YoY Change 13.22% 27.56% 40.86%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $401.5M $98.80M $1.669B
YoY Change -43.53% -95.07% -10.85%
Long-Term Debt Due $1.610B $1.265B $817.1M
YoY Change 101.59% 58.21% -32.54%
Total Short-Term Liabilities $5.487B $4.261B $5.601B
YoY Change 28.86% -16.53% 1.13%
LONG-TERM LIABILITIES
Long-Term Debt $19.83B $19.58B $17.91B
YoY Change 13.84% 23.55% 21.17%
Other Long-Term Liabilities $874.4M $881.7M $862.3M
YoY Change -10.27% -8.36% -9.4%
Total Long-Term Liabilities $20.71B $20.47B $18.77B
YoY Change 12.57% 21.72% 19.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.487B $4.261B $5.601B
Total Long-Term Liabilities $20.71B $20.47B $18.77B
Total Liabilities $26.19B $24.73B $24.38B
YoY Change 15.63% 12.81% 14.58%
SHAREHOLDERS EQUITY
Retained Earnings $5.429B $5.301B $5.229B
YoY Change 10.66% 9.75% 9.57%
Common Stock $1.796B $1.789B
YoY Change 0.39% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $236.3M $239.4M $242.5M
YoY Change -10.03% -9.97% -9.84%
Treasury Stock Shares 12.64M shares 12.80M shares 12.97M shares
Shareholders Equity $15.28B $15.06B $14.84B
YoY Change
Total Liabilities & Shareholders Equity $51.60B $49.92B $49.29B
YoY Change 7.47% 5.68% 5.96%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $351.3M $293.7M $445.3M
YoY Change 23.24% 10.26% 21.0%
Depreciation, Depletion And Amortization $413.4M $364.6M $526.3M
YoY Change 28.35% 30.12% 38.98%
Cash From Operating Activities $847.1M $469.9M $371.9M
YoY Change 18.83% 18.64% -9.6%
INVESTING ACTIVITIES
Capital Expenditures -$803.7M -$784.5M $764.6M
YoY Change 2.0% 6.85% 10.97%
Acquisitions
YoY Change
Other Investing Activities -$325.4M -$156.3M -$5.976M
YoY Change 145.79% 163.82% -16.24%
Cash From Investing Activities -$1.129B -$940.8M -$858.2M
YoY Change 22.69% 18.57% 21.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $770.0M
YoY Change 34.62%
Cash From Financing Activities 727.6M 463.0M $429.9M
YoY Change 1163.14% -21.5% 110.98%
NET CHANGE
Cash From Operating Activities 847.1M 469.9M $371.9M
Cash From Investing Activities -1.129B -940.8M -$858.2M
Cash From Financing Activities 727.6M 463.0M $429.9M
Net Change In Cash 445.6M -7.913M -$56.42M
YoY Change -397.29% -104.11% -36.85%
FREE CASH FLOW
Cash From Operating Activities $847.1M $469.9M $371.9M
Capital Expenditures -$803.7M -$784.5M $764.6M
Free Cash Flow $1.651B $1.254B -$392.7M
YoY Change 10.0% 10.98% 41.46%

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