2023 Q1 Form 10-Q Financial Statement

#000103129623000032 Filed on April 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q1
Revenue $3.231B
YoY Change 8.1%
Cost Of Revenue $1.124B
YoY Change 28.46%
Gross Profit $2.107B
YoY Change -0.33%
Gross Profit Margin 65.21%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $361.0M
YoY Change 0.56%
% of Gross Profit 17.13%
Operating Expenses $1.556B
YoY Change 0.06%
Operating Profit $551.0M
YoY Change -1.43%
Interest Expense $263.0M
YoY Change -15.97%
% of Operating Profit 47.73%
Other Income/Expense, Net -$151.0M
YoY Change -19.68%
Pretax Income $400.0M
YoY Change 7.82%
Income Tax $90.00M
% Of Pretax Income 22.5%
Net Earnings $292.0M
YoY Change 1.39%
Net Earnings / Revenue 9.04%
Basic Earnings Per Share $0.51
Diluted Earnings Per Share $0.51
COMMON SHARES
Basic Shares Outstanding 572.2M shares
Diluted Shares Outstanding 573.0M shares

Balance Sheet

Concept 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $177.0M
YoY Change -37.46%
Cash & Equivalents $177.0M
Short-Term Investments
Other Short-Term Assets $328.0M
YoY Change 11.19%
Inventory $457.0M
Prepaid Expenses
Receivables $1.259B
Other Receivables $257.0M
Total Short-Term Assets $2.507B
YoY Change 11.42%
LONG-TERM ASSETS
Property, Plant & Equipment $36.63B
YoY Change 4.67%
Goodwill $5.618B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $632.0M
YoY Change -2.17%
Other Assets $1.050B
YoY Change 1.25%
Total Long-Term Assets $43.97B
YoY Change 3.79%
TOTAL ASSETS
Total Short-Term Assets $2.507B
Total Long-Term Assets $43.97B
Total Assets $46.48B
YoY Change 4.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.238B
YoY Change 13.58%
Accrued Expenses $485.0M
YoY Change -14.16%
Deferred Revenue $222.0M
YoY Change
Short-Term Debt $550.0M
YoY Change 57.14%
Long-Term Debt Due $52.00M
YoY Change -95.07%
Total Short-Term Liabilities $3.700B
YoY Change -15.14%
LONG-TERM LIABILITIES
Long-Term Debt $22.12B
YoY Change 1.7%
Other Long-Term Liabilities $1.599B
YoY Change 2.57%
Total Long-Term Liabilities $32.05B
YoY Change 228.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.700B
Total Long-Term Liabilities $32.05B
Total Liabilities $35.75B
YoY Change 153.39%
SHAREHOLDERS EQUITY
Retained Earnings -$907.0M
YoY Change -31.13%
Common Stock $11.12B
YoY Change 10.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.25B
YoY Change
Total Liabilities & Shareholders Equity $46.48B
YoY Change 4.17%

Cashflow Statement

Concept 2023 Q1
OPERATING ACTIVITIES
Net Income $292.0M
YoY Change 1.39%
Depreciation, Depletion And Amortization $361.0M
YoY Change 0.56%
Cash From Operating Activities -$112.0M
YoY Change -131.55%
INVESTING ACTIVITIES
Capital Expenditures $649.0M
YoY Change -224.81%
Acquisitions
YoY Change
Other Investing Activities $4.000M
YoY Change -80.0%
Cash From Investing Activities -$716.0M
YoY Change 20.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $321.0M
YoY Change -69.31%
Cash From Financing Activities $828.0M
YoY Change -185.89%
NET CHANGE
Cash From Operating Activities -$112.0M
Cash From Investing Activities -$716.0M
Cash From Financing Activities $828.0M
Net Change In Cash $0.00
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities -$112.0M
Capital Expenditures $649.0M
Free Cash Flow -$761.0M
YoY Change -186.97%

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