2023 Q4 Form 10-Q Financial Statement

#000007274123000020 Filed on November 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $2.690B $2.792B
YoY Change -9.05% -13.19%
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 $343.3M $185.5M
YoY Change 11.28% -55.13%
% of Gross Profit
Operating Expenses $2.136B $2.261B
YoY Change -14.83% -14.95%
Operating Profit $530.6M
YoY Change -4.79%
Interest Expense -$206.2M $222.3M
YoY Change 25.0% 24.75%
% of Operating Profit 41.9%
Other Income/Expense, Net $59.99M $79.10M
YoY Change -13.23% -11.92%
Pretax Income -$1.354B $387.4M
YoY Change -417.53% -17.39%
Income Tax -$67.06M $45.85M
% Of Pretax Income 11.84%
Net Earnings -$1.288B $341.5M
YoY Change -502.45% -2.77%
Net Earnings / Revenue -47.9% 12.24%
Basic Earnings Per Share $0.97
Diluted Earnings Per Share -$3.68 $0.97
COMMON SHARES
Basic Shares Outstanding 349.3M shares 349.1M shares
Diluted Shares Outstanding 349.9M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.87M $79.00M
YoY Change -85.62% -83.74%
Cash & Equivalents $53.90M $78.80M
Short-Term Investments
Other Short-Term Assets $355.8M $374.5M
YoY Change -7.02% 12.41%
Inventory $507.3M $446.0M
Prepaid Expenses
Receivables $1.432B $1.430B
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.248B $4.009B
YoY Change 0.59% 2.28%
LONG-TERM ASSETS
Property, Plant & Equipment $39.55B $38.52B
YoY Change 9.35% 9.96%
Goodwill $4.532B $4.530B
YoY Change 0.21% 1.17%
Intangibles
YoY Change
Long-Term Investments $660.5M $2.724B
YoY Change -69.65% 32.65%
Other Assets $592.1M $597.3M
YoY Change 9.37% -3.99%
Total Long-Term Assets $51.36B $52.28B
YoY Change 4.81% 9.66%
TOTAL ASSETS
Total Short-Term Assets $4.248B $4.009B
Total Long-Term Assets $51.36B $52.28B
Total Assets $55.61B $56.29B
YoY Change 4.47% 9.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.869B $1.642B
YoY Change -11.58% 12.51%
Accrued Expenses $9.500M
YoY Change 5.56%
Deferred Revenue
YoY Change
Short-Term Debt $1.930B $1.530B
YoY Change 33.85% 281.07%
Long-Term Debt Due $824.8M $2.072B
YoY Change -37.52% 28.65%
Total Short-Term Liabilities $6.341B $7.120B
YoY Change -6.73% 29.75%
LONG-TERM LIABILITIES
Long-Term Debt $23.59B $22.09B
YoY Change 19.59% 11.37%
Other Long-Term Liabilities $961.2M $908.7M
YoY Change 8.24% 3.93%
Total Long-Term Liabilities $24.55B $23.00B
YoY Change 19.1% 11.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.341B $7.120B
Total Long-Term Liabilities $24.55B $23.00B
Total Liabilities $30.89B $30.12B
YoY Change 12.7% 14.97%
SHAREHOLDERS EQUITY
Retained Earnings $4.143B $5.667B
YoY Change -25.05% 4.38%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $195.7M $200.6M
YoY Change -9.5% -15.09%
Treasury Stock Shares
Shareholders Equity $14.17B $15.69B
YoY Change
Total Liabilities & Shareholders Equity $55.61B $56.29B
YoY Change 4.47% 9.1%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$1.288B $341.5M
YoY Change -502.45% -2.77%
Depreciation, Depletion And Amortization $343.3M $185.5M
YoY Change 11.28% -55.13%
Cash From Operating Activities $477.0M $521.9M
YoY Change -33.05% -38.39%
INVESTING ACTIVITIES
Capital Expenditures $1.211B $1.086B
YoY Change 11.21% -235.14%
Acquisitions
YoY Change
Other Investing Activities $299.5M -$475.2M
YoY Change -364.5% 46.03%
Cash From Investing Activities -$911.7M -$1.561B
YoY Change -24.17% 38.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 420.2M 1.042B
YoY Change 2.63% 43.27%
NET CHANGE
Cash From Operating Activities 477.0M 521.9M
Cash From Investing Activities -911.7M -1.561B
Cash From Financing Activities 420.2M 1.042B
Net Change In Cash -14.53M 3.000M
YoY Change -81.95% -99.33%
FREE CASH FLOW
Cash From Operating Activities $477.0M $521.9M
Capital Expenditures $1.211B $1.086B
Free Cash Flow -$734.3M -$564.2M
YoY Change 94.92% -134.18%

Facts In Submission

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