2023 Q2 Form 10-Q Financial Statement

#000103129623000054 Filed on August 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q2
Revenue $3.006B
YoY Change 6.67%
Cost Of Revenue $894.0M
YoY Change 11.47%
Gross Profit $2.112B
YoY Change 4.76%
Gross Profit Margin 70.26%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $370.0M
YoY Change 6.32%
% of Gross Profit 17.52%
Operating Expenses $1.631B
YoY Change 3.95%
Operating Profit $481.0M
YoY Change 7.61%
Interest Expense -$219.0M
YoY Change -182.64%
% of Operating Profit -45.53%
Other Income/Expense, Net $43.00M
YoY Change -120.87%
Pretax Income $328.0M
YoY Change 36.1%
Income Tax $74.00M
% Of Pretax Income 22.56%
Net Earnings $235.0M
YoY Change 25.67%
Net Earnings / Revenue 7.82%
Basic Earnings Per Share $0.41
Diluted Earnings Per Share $0.41
COMMON SHARES
Basic Shares Outstanding 573.0M shares
Diluted Shares Outstanding 574.0M shares

Balance Sheet

Concept 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $171.0M
YoY Change -64.23%
Cash & Equivalents $171.0M
Short-Term Investments
Other Short-Term Assets $404.0M
YoY Change 28.25%
Inventory $449.0M
Prepaid Expenses
Receivables $1.186B
Other Receivables $275.0M
Total Short-Term Assets $2.485B
YoY Change -2.13%
LONG-TERM ASSETS
Property, Plant & Equipment $37.15B
YoY Change 5.04%
Goodwill $5.618B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $638.0M
YoY Change 1.92%
Other Assets $1.175B
YoY Change 34.9%
Total Long-Term Assets $44.58B
YoY Change 4.69%
TOTAL ASSETS
Total Short-Term Assets $2.485B
Total Long-Term Assets $44.58B
Total Assets $47.07B
YoY Change 4.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.200B
YoY Change 1.52%
Accrued Expenses $540.0M
YoY Change 1.69%
Deferred Revenue $223.0M
YoY Change
Short-Term Debt $350.0M
YoY Change
Long-Term Debt Due $1.002B
YoY Change 183.85%
Total Short-Term Liabilities $4.149B
YoY Change 23.12%
LONG-TERM LIABILITIES
Long-Term Debt $22.66B
YoY Change 9.12%
Other Long-Term Liabilities $4.897B
YoY Change 212.11%
Total Long-Term Liabilities $27.55B
YoY Change 184.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.149B
Total Long-Term Liabilities $27.55B
Total Liabilities $36.56B
YoY Change 180.27%
SHAREHOLDERS EQUITY
Retained Earnings -$672.0M
YoY Change -40.53%
Common Stock $11.14B
YoY Change -6.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.51B
YoY Change
Total Liabilities & Shareholders Equity $47.07B
YoY Change 4.31%

Cashflow Statement

Concept 2023 Q2
OPERATING ACTIVITIES
Net Income $235.0M
YoY Change 25.67%
Depreciation, Depletion And Amortization $370.0M
YoY Change 6.32%
Cash From Operating Activities -$101.0M
YoY Change -110.88%
INVESTING ACTIVITIES
Capital Expenditures $769.0M
YoY Change -222.65%
Acquisitions
YoY Change
Other Investing Activities -$62.00M
YoY Change 0.0%
Cash From Investing Activities -$831.0M
YoY Change 20.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 940.0M
YoY Change -5629.41%
NET CHANGE
Cash From Operating Activities -101.0M
Cash From Investing Activities -831.0M
Cash From Financing Activities 940.0M
Net Change In Cash 8.000M
YoY Change -96.4%
FREE CASH FLOW
Cash From Operating Activities -$101.0M
Capital Expenditures $769.0M
Free Cash Flow -$870.0M
YoY Change -155.95%

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