2021 Q1 Form 10-Q Financial Statement

#000103129621000047 Filed on April 22, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $2.726B $2.709B
YoY Change 0.63% -6.04%
Cost Of Revenue $718.0M $694.0M
YoY Change 3.46% -11.14%
Gross Profit $2.008B $2.015B
YoY Change -0.35% -4.14%
Gross Profit Margin 73.66% 74.38%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $454.0M $295.0M
YoY Change 53.9% -14.49%
% of Gross Profit 22.61% 14.64%
Operating Expenses $1.558B $1.483B
YoY Change 5.06% 0.68%
Operating Profit $559.0M $532.0M
YoY Change 5.08% -15.42%
Interest Expense $285.0M $263.0M
YoY Change 8.37% 3.95%
% of Operating Profit 50.98% 49.44%
Other Income/Expense, Net -$137.0M -$568.0M
YoY Change -75.88% 213.81%
Pretax Income $422.0M -$36.00M
YoY Change -1272.22% -108.04%
Income Tax $87.00M -$60.00M
% Of Pretax Income 20.62%
Net Earnings $335.0M $74.00M
YoY Change 352.7% -76.88%
Net Earnings / Revenue 12.29% 2.73%
Basic Earnings Per Share $0.62 $0.14
Diluted Earnings Per Share $0.62 $0.14
COMMON SHARES
Basic Shares Outstanding 543.0M shares 541.0M shares
Diluted Shares Outstanding 544.0M shares 543.0M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.281B $152.0M
YoY Change 742.76% -12.64%
Cash & Equivalents $1.281B $152.0M
Short-Term Investments
Other Short-Term Assets $281.0M $279.0M
YoY Change 0.72% -11.15%
Inventory $303.0M $285.0M
Prepaid Expenses
Receivables $1.031B $1.009B
Other Receivables $247.0M $245.0M
Total Short-Term Assets $3.188B $2.003B
YoY Change 59.16% -13.44%
LONG-TERM ASSETS
Property, Plant & Equipment $33.64B $32.01B
YoY Change 5.11% 5.75%
Goodwill $5.618B $5.618B
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $606.0M $563.0M
YoY Change 7.64% 9.11%
Other Assets $974.0M $935.0M
YoY Change 4.17% 12.52%
Total Long-Term Assets $40.93B $40.09B
YoY Change 2.1% 511.92%
TOTAL ASSETS
Total Short-Term Assets $3.188B $2.003B
Total Long-Term Assets $40.93B $40.09B
Total Assets $44.12B $42.09B
YoY Change 4.82% 3.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $870.0M $898.0M
YoY Change -3.12% 0.67%
Accrued Expenses $573.0M $530.0M
YoY Change 8.11% 87.94%
Deferred Revenue
YoY Change
Short-Term Debt $1.450B $750.0M
YoY Change 93.33% -42.31%
Long-Term Debt Due $539.0M $381.0M
YoY Change 41.47% 84.95%
Total Short-Term Liabilities $4.624B $3.697B
YoY Change 25.07% -14.5%
LONG-TERM LIABILITIES
Long-Term Debt $22.20B $20.82B
YoY Change 6.64% 10.67%
Other Long-Term Liabilities $1.493B $1.357B
YoY Change 10.02% -28.65%
Total Long-Term Liabilities $9.929B $10.76B
YoY Change -7.71% 3.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.624B $3.697B
Total Long-Term Liabilities $9.929B $10.76B
Total Liabilities $14.55B $14.46B
YoY Change 0.68% -1.96%
SHAREHOLDERS EQUITY
Retained Earnings -$2.553B -$3.893B
YoY Change -34.42% -14.61%
Common Stock $9.866B $10.65B
YoY Change -7.37% -6.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.360B $6.814B
YoY Change
Total Liabilities & Shareholders Equity $44.12B $42.09B
YoY Change 4.82% 3.95%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $335.0M $74.00M
YoY Change 352.7% -76.88%
Depreciation, Depletion And Amortization $454.0M $295.0M
YoY Change 53.9% -14.49%
Cash From Operating Activities $533.0M -$560.0M
YoY Change -195.18% 207.69%
INVESTING ACTIVITIES
Capital Expenditures -$604.0M -$616.0M
YoY Change -1.95% 11.19%
Acquisitions
YoY Change
Other Investing Activities $1.000M -$5.000M
YoY Change -120.0% -350.0%
Cash From Investing Activities -$499.0M -$659.0M
YoY Change -24.28% 4.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $29.00M $778.0M
YoY Change -96.27% 23.89%
Cash From Financing Activities -$509.0M $725.0M
YoY Change -170.21% 22.26%
NET CHANGE
Cash From Operating Activities $533.0M -$560.0M
Cash From Investing Activities -$499.0M -$659.0M
Cash From Financing Activities -$509.0M $725.0M
Net Change In Cash -$475.0M -$494.0M
YoY Change -3.85% 125.57%
FREE CASH FLOW
Cash From Operating Activities $533.0M -$560.0M
Capital Expenditures -$604.0M -$616.0M
Free Cash Flow $1.137B $56.00M
YoY Change 1930.36% -84.95%

Facts In Submission

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