2013 Q1 Form 10-Q Financial Statement

#000004053313000009 Filed on April 30, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q2
Revenue $7.404B $7.579B
YoY Change -2.81%
Cost Of Revenue $6.050B $6.184B
YoY Change -2.77%
Gross Profit $1.354B $1.395B
YoY Change -2.99%
Gross Profit Margin 18.29% 18.41%
Selling, General & Admin $495.0M $535.0M
YoY Change 5.11%
% of Gross Profit 36.56% 38.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $95.00M $97.00M
YoY Change -32.17%
% of Gross Profit 7.02% 6.95%
Operating Expenses $495.0M $535.0M
YoY Change 5.11%
Operating Profit $847.0M $860.0M
YoY Change -7.43%
Interest Expense $23.00M $39.00M
YoY Change -214.71%
% of Operating Profit 2.72% 4.53%
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income $824.0M $821.0M
YoY Change -8.37%
Income Tax $253.0M $257.0M
% Of Pretax Income 30.7% 31.3%
Net Earnings $571.0M $564.0M
YoY Change -8.74%
Net Earnings / Revenue 7.71% 7.44%
Basic Earnings Per Share $1.62 $1.58
Diluted Earnings Per Share $1.62 $1.57
COMMON SHARES
Basic Shares Outstanding 351.9M shares 357.0M shares
Diluted Shares Outstanding 353.5M shares 359.4M shares

Balance Sheet

Concept 2013 Q1 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.745B $2.632B
YoY Change 5.96%
Cash & Equivalents $3.745B $2.632B
Short-Term Investments
Other Short-Term Assets $408.0M $5.748B
YoY Change -0.91%
Inventory $2.863B $2.776B
Prepaid Expenses
Receivables $4.261B $4.686B
Other Receivables $0.00 $0.00
Total Short-Term Assets $16.35B $15.51B
YoY Change 4.83%
LONG-TERM ASSETS
Property, Plant & Equipment $3.374B $3.290B
YoY Change 9.92%
Goodwill $11.93B $12.05B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.641B $967.0M
YoY Change 48.77%
Total Long-Term Assets $18.26B $19.80B
YoY Change 8.14%
TOTAL ASSETS
Total Short-Term Assets $16.35B $15.51B
Total Long-Term Assets $18.26B $19.80B
Total Assets $34.61B $35.31B
YoY Change 6.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.503B $2.509B
YoY Change -0.04%
Accrued Expenses $1.222B $1.244B
YoY Change 1.8%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M
YoY Change -99.62%
Total Short-Term Liabilities $11.77B $10.95B
YoY Change -2.66%
LONG-TERM LIABILITIES
Long-Term Debt $3.909B $3.905B
YoY Change 61.97%
Other Long-Term Liabilities $7.349B $6.396B
YoY Change 19.66%
Total Long-Term Liabilities $11.26B $10.30B
YoY Change 32.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.77B $10.95B
Total Long-Term Liabilities $11.26B $10.30B
Total Liabilities $23.03B $21.46B
YoY Change 11.59%
SHAREHOLDERS EQUITY
Retained Earnings $18.23B
YoY Change
Common Stock $482.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.201B
YoY Change
Treasury Stock Shares
Shareholders Equity $11.58B $13.85B
YoY Change
Total Liabilities & Shareholders Equity $34.61B $35.31B
YoY Change 6.66%

Cashflow Statement

Concept 2013 Q1 2012 Q2
OPERATING ACTIVITIES
Net Income $571.0M $564.0M
YoY Change -8.74%
Depreciation, Depletion And Amortization $95.00M $97.00M
YoY Change -32.17%
Cash From Operating Activities $504.0M $414.0M
YoY Change 26.61%
INVESTING ACTIVITIES
Capital Expenditures $75.00M $65.00M
YoY Change -206.56%
Acquisitions $75.00M $90.00M
YoY Change
Other Investing Activities -$2.000M -$17.00M
YoY Change -77.92%
Cash From Investing Activities -$76.00M -$264.0M
YoY Change 91.3%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00 $169.0M
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $76.00M
YoY Change -143.18%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $24.00M -$166.0M
YoY Change -47.8%
NET CHANGE
Cash From Operating Activities $504.0M $414.0M
Cash From Investing Activities -$76.00M -$264.0M
Cash From Financing Activities $24.00M -$166.0M
Net Change In Cash $452.0M -$16.00M
YoY Change -87.6%
FREE CASH FLOW
Cash From Operating Activities $504.0M $414.0M
Capital Expenditures $75.00M $65.00M
Free Cash Flow $429.0M $349.0M
YoY Change -10.05%

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Files In Submission

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