2013 Q3 Form 10-Q Financial Statement

#000004054513000092 Filed on November 01, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $35.66B $36.25B
YoY Change -1.64% 201.74%
Cost Of Revenue $4.798B $4.090B
YoY Change 17.31% 14.12%
Gross Profit $30.86B $6.025B
YoY Change 412.25% -5.51%
Gross Profit Margin 86.55% 16.62%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.577B $2.193B
YoY Change 17.51% -6.68%
% of Gross Profit 8.35% 36.4%
Operating Expenses $10.14B $10.75B
YoY Change -5.66% -3.22%
Operating Profit $5.860B $5.239B
YoY Change 11.85% 10.85%
Interest Expense -$221.0M -$174.0M
YoY Change 27.01% -95.34%
% of Operating Profit -3.77% -3.32%
Other Income/Expense, Net $363.0M $787.0M
YoY Change -53.88% 41.55%
Pretax Income $3.620B $4.024B
YoY Change -10.04% 6.82%
Income Tax $348.0M $557.0M
% Of Pretax Income 9.61% 13.84%
Net Earnings $3.191B $3.491B
YoY Change -8.59% 8.28%
Net Earnings / Revenue 8.95% 9.63%
Basic Earnings Per Share $0.31 $0.33
Diluted Earnings Per Share $0.31 $0.33
COMMON SHARES
Basic Shares Outstanding 10.15B shares 10.52B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.50B $85.46B
YoY Change 1.22% -6.47%
Cash & Equivalents $86.50B $85.46B
Short-Term Investments
Other Short-Term Assets $72.88B
YoY Change
Inventory $17.94B $16.02B
Prepaid Expenses
Receivables $20.58B $19.35B
Other Receivables $0.00 $270.2B
Total Short-Term Assets $197.9B $391.0B
YoY Change -49.39% -6.76%
LONG-TERM ASSETS
Property, Plant & Equipment $68.74B $67.39B
YoY Change 2.01% 1.96%
Goodwill $78.02B $73.16B
YoY Change 6.65% -0.18%
Intangibles $14.23B $11.71B
YoY Change 21.5% -5.82%
Long-Term Investments $43.90B $48.72B
YoY Change -9.9% 4.87%
Other Assets $5.779B $106.9B
YoY Change -94.59% -10.96%
Total Long-Term Assets $463.5B $307.8B
YoY Change 50.58% -3.28%
TOTAL ASSETS
Total Short-Term Assets $197.9B $391.0B
Total Long-Term Assets $463.5B $307.8B
Total Assets $661.4B $698.9B
YoY Change -5.36% -5.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.45B $15.85B
YoY Change 3.77% -1.85%
Accrued Expenses $14.67B $15.25B
YoY Change -3.81% -23.74%
Deferred Revenue
YoY Change
Short-Term Debt $80.50B $120.4B
YoY Change -33.16% -5.41%
Long-Term Debt Due $80.50B $120.4B
YoY Change -33.16% -5.41%
Total Short-Term Liabilities $222.4B $258.3B
YoY Change -13.92% -3.1%
LONG-TERM LIABILITIES
Long-Term Debt $307.6B $311.0B
YoY Change -1.11% -8.2%
Other Long-Term Liabilities $2.442B $2.053B
YoY Change 18.95% -42.49%
Total Long-Term Liabilities $310.0B $313.1B
YoY Change -0.97% -8.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $222.4B $258.3B
Total Long-Term Liabilities $310.0B $313.1B
Total Liabilities $532.4B $570.9B
YoY Change -6.74% -6.56%
SHAREHOLDERS EQUITY
Retained Earnings $148.1B $142.0B
YoY Change 4.25% 4.54%
Common Stock $702.0M $702.0M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $41.03B $32.97B
YoY Change 24.42% 2.2%
Treasury Stock Shares
Shareholders Equity $122.7B $122.6B
YoY Change
Total Liabilities & Shareholders Equity $661.4B $698.9B
YoY Change -5.36% -5.26%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $3.191B $3.491B
YoY Change -8.59% 8.28%
Depreciation, Depletion And Amortization $2.577B $2.193B
YoY Change 17.51% -6.68%
Cash From Operating Activities $5.231B $5.861B
YoY Change -10.75% -35.47%
INVESTING ACTIVITIES
Capital Expenditures -$2.912B -$3.202B
YoY Change -9.06% 27.42%
Acquisitions
YoY Change
Other Investing Activities -$2.011B $11.10B
YoY Change -118.12% 167.06%
Cash From Investing Activities -$4.923B $7.897B
YoY Change -162.34% 380.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.179B -4.175B
YoY Change -47.81% -53.71%
NET CHANGE
Cash From Operating Activities 5.231B 5.861B
Cash From Investing Activities -4.923B 7.897B
Cash From Financing Activities -2.179B -4.175B
Net Change In Cash -1.871B 9.583B
YoY Change -119.52% 461.72%
FREE CASH FLOW
Cash From Operating Activities $5.231B $5.861B
Capital Expenditures -$2.912B -$3.202B
Free Cash Flow $8.143B $9.063B
YoY Change -10.15% -21.84%

Facts In Submission

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dei Document Period End Date
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dei Document Fiscal Year Focus
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dei Entity Registrant Name
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dei Current Fiscal Year End Date
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us-gaap Preferred Stock Dividends Income Statement Impact
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CY2012Q4 us-gaap Preferred Stock Value
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us-gaap Depreciation Depletion And Amortization
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ge Earnings From Continuing Operations Retained By Subsidiary
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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us-gaap Proceeds From Divestiture Of Businesses
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us-gaap Proceeds From Divestiture Of Businesses
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Financing Activities
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-0.07
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.07
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2013Q3 ge Ordinary Course Of Business Lending Commitments
OrdinaryCourseOfBusinessLendingCommitments
4781000000 USD
CY2012Q4 ge Ordinary Course Of Business Lending Commitments
OrdinaryCourseOfBusinessLendingCommitments
3708000000 USD
CY2013Q3 ge Securities For Repurchase Agreements
SecuritiesForRepurchaseAgreements
12000000000 USD
CY2013Q3 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
20400000000 USD
ge Reverse Repurchase Agreements Maturities
ReverseRepurchaseAgreementsMaturities
90 pure
CY2013Q3 ge Derivative Fair Value Of Derivative Assets Net Of Master Netting Agreement
DerivativeFairValueOfDerivativeAssetsNetOfMasterNettingAgreement
960000000 USD
CY2013Q3 ge Derivative Fair Value Of Derivative Liability Net Of Master Netting Agreement
DerivativeFairValueOfDerivativeLiabilityNetOfMasterNettingAgreement
885000000 USD
CY2012Q4 ge Derivative Fair Value Of Derivative Liability Net Of Master Netting Agreement
DerivativeFairValueOfDerivativeLiabilityNetOfMasterNettingAgreement
291000000 USD
CY2012Q4 ge Derivative Fair Value Of Derivative Assets Net Of Master Netting Agreement
DerivativeFairValueOfDerivativeAssetsNetOfMasterNettingAgreement
396000000 USD

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