2009 Form 10-K Financial Statement
#000103129610000011 Filed on February 19, 2010
Income Statement
| Concept | 2009 | 2008 | 2007 |
|---|---|---|---|
| Revenue | $12.97B | $13.63B | $12.80B |
| YoY Change | -4.84% | 6.44% | 11.31% |
| Cost Of Revenue | $4.730B | $4.291B | $3.836B |
| YoY Change | 10.23% | 11.86% | 26.14% |
| Gross Profit | $8.243B | $9.336B | $8.966B |
| YoY Change | -11.71% | 4.13% | 5.98% |
| Gross Profit Margin | 63.57% | 68.51% | 70.04% |
| Selling, General & Admin | -$316.0M | -$524.0M | |
| YoY Change | -39.69% | 4.8% | |
| % of Gross Profit | -3.38% | -5.84% | |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $757.0M | $677.0M | $638.0M |
| YoY Change | 11.82% | 6.11% | 7.05% |
| % of Gross Profit | 9.18% | 7.25% | 7.12% |
| Operating Expenses | $6.233B | $6.577B | $6.148B |
| YoY Change | -5.23% | 6.98% | 5.02% |
| Operating Profit | $1.683B | $2.759B | $2.818B |
| YoY Change | -39.0% | -2.09% | 8.14% |
| Interest Expense | -$643.0M | -$643.0M | -$623.0M |
| YoY Change | 0.0% | 3.21% | 12.66% |
| % of Operating Profit | -38.21% | -23.31% | -22.11% |
| Other Income/Expense, Net | -$643.0M | ||
| YoY Change | |||
| Pretax Income | $1.040B | $2.116B | $2.195B |
| YoY Change | -50.85% | -3.6% | 6.92% |
| Income Tax | $184.0M | $777.0M | $883.0M |
| % Of Pretax Income | 17.69% | 36.72% | 40.23% |
| Net Earnings | $872.0M | $1.342B | $1.309B |
| YoY Change | -35.02% | 2.52% | 4.39% |
| Net Earnings / Revenue | 6.72% | 9.85% | 10.22% |
| Basic Earnings Per Share | $2.87 | ||
| Diluted Earnings Per Share | $2.85 | $4.371M | $4.223M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 304.0M shares | ||
| Diluted Shares Outstanding | 306.0M shares |
Balance Sheet
| Concept | 2009 | 2008 | 2007 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $874.0M | $545.0M | $129.0M |
| YoY Change | 60.37% | 322.48% | 43.33% |
| Cash & Equivalents | $874.0M | $545.0M | $129.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $402.0M | $432.0M | $159.0M |
| YoY Change | -6.94% | 171.7% | 6.71% |
| Inventory | $647.0M | $605.0M | $521.0M |
| Prepaid Expenses | |||
| Receivables | $1.244B | $1.304B | $1.256B |
| Other Receivables | $153.0M | $167.0M | $165.0M |
| Total Short-Term Assets | $3.320B | $3.053B | $2.230B |
| YoY Change | 8.75% | 36.91% | 7.06% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $19.16B | $17.72B | $15.38B |
| YoY Change | 8.13% | 15.21% | 4.88% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $1.164B | $1.309B | $1.471B |
| YoY Change | -11.08% | -11.01% | -5.52% |
| Other Assets | $4.881B | $5.427B | $7.405B |
| YoY Change | -10.06% | -26.71% | 5.92% |
| Total Long-Term Assets | $30.98B | $30.47B | $30.08B |
| YoY Change | 1.69% | 1.29% | 3.32% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $3.320B | $3.053B | $2.230B |
| Total Long-Term Assets | $30.98B | $30.47B | $30.08B |
| Total Assets | $34.30B | $33.52B | $32.31B |
| YoY Change | 2.34% | 3.74% | 3.57% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $829.0M | $794.0M | $777.0M |
| YoY Change | 4.41% | 2.19% | 7.02% |
| Accrued Expenses | $293.0M | ||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $1.081B | $2.397B | $903.0M |
| YoY Change | -54.9% | 165.45% | -18.5% |
| Long-Term Debt Due | $1.834B | $2.476B | $2.014B |
| YoY Change | -25.93% | 22.94% | 7.87% |
| Total Short-Term Liabilities | $5.188B | $7.098B | $5.148B |
| YoY Change | -26.91% | 37.88% | -2.04% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $12.01B | $9.100B | $8.869B |
| YoY Change | 31.96% | 2.6% | 3.91% |
| Other Long-Term Liabilities | $6.083B | $6.845B | $6.646B |
| YoY Change | -11.13% | 2.99% | 18.03% |
| Total Long-Term Liabilities | $18.09B | $15.95B | $15.52B |
| YoY Change | 13.46% | 2.77% | 9.52% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $5.188B | $7.098B | $5.148B |
| Total Long-Term Liabilities | $18.09B | $15.95B | $15.52B |
| Total Liabilities | $25.75B | $25.24B | $23.33B |
| YoY Change | 2.01% | 8.16% | 5.29% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $8.559B | $8.283B | $8.977B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $34.30B | $33.52B | $32.31B |
| YoY Change | 2.34% | 3.74% | 3.57% |
Cashflow Statement
| Concept | 2009 | 2008 | 2007 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $872.0M | $1.342B | $1.309B |
| YoY Change | -35.02% | 2.52% | 4.39% |
| Depreciation, Depletion And Amortization | $757.0M | $677.0M | $638.0M |
| YoY Change | 11.82% | 6.11% | 7.05% |
| Cash From Operating Activities | $2.465B | $2.224B | $1.699B |
| YoY Change | 10.84% | 30.9% | -12.38% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$2.203B | -$2.888B | -$1.633B |
| YoY Change | -23.72% | 76.85% | 24.18% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$55.00M | -$95.00M | $1.320B |
| YoY Change | -42.11% | -107.2% | 540.78% |
| Cash From Investing Activities | -$2.185B | -$2.983B | -$313.0M |
| YoY Change | -26.75% | 853.04% | -71.78% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $2.610B | ||
| YoY Change | |||
| Cash From Financing Activities | $49.00M | 1.175B | -1.347B |
| YoY Change | -95.83% | -187.23% | 67.54% |
| NET CHANGE | |||
| Cash From Operating Activities | $2.465B | 2.224B | 1.699B |
| Cash From Investing Activities | -$2.185B | -2.983B | -313.0M |
| Cash From Financing Activities | $49.00M | 1.175B | -1.347B |
| Net Change In Cash | $329.0M | 416.0M | 39.00M |
| YoY Change | -20.91% | 966.67% | 50.0% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $2.465B | $2.224B | $1.699B |
| Capital Expenditures | -$2.203B | -$2.888B | -$1.633B |
| Free Cash Flow | $4.668B | $5.112B | $3.332B |
| YoY Change | -8.69% | 53.42% | 2.4% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2008 | us-gaap |
Revenues
Revenues
|
13627000000 | |
| CY2009 | us-gaap |
Revenues
Revenues
|
12967000000 | |
| CY2007 | us-gaap |
Revenues
Revenues
|
12802000000 | |
| CY2007 | us-gaap |
Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
|
32000000 |
