2015 Q1 Form 10-Q Financial Statement

#000004054515000054 Filed on May 04, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $2.866B $33.55B
YoY Change -91.46% -3.99%
Cost Of Revenue $5.162B $4.809B
YoY Change 7.34% 8.09%
Gross Profit $5.514B $28.74B
YoY Change -80.81% -5.76%
Gross Profit Margin 192.39% 85.67%
Selling, General & Admin $4.415B
YoY Change
% of Gross Profit 80.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.101B $2.189B
YoY Change -49.7% -5.24%
% of Gross Profit 19.97% 7.62%
Operating Expenses $4.415B $7.660B
YoY Change -42.36% -29.63%
Operating Profit $1.099B $5.212B
YoY Change -78.91% 6.93%
Interest Expense -$279.0M -$252.0M
YoY Change 10.71% 14.03%
% of Operating Profit -25.39% -4.83%
Other Income/Expense, Net $142.0M $196.0M
YoY Change -27.55% -87.86%
Pretax Income $1.621B $3.319B
YoY Change -51.16% -19.81%
Income Tax $6.294B $619.0M
% Of Pretax Income 388.28% 18.65%
Net Earnings -$13.57B $2.999B
YoY Change -552.58% -14.97%
Net Earnings / Revenue -473.59% 8.94%
Basic Earnings Per Share -$1.35 $0.30
Diluted Earnings Per Share -$1.35 $0.30
COMMON SHARES
Basic Shares Outstanding 10.07B shares 10.05B shares
Diluted Shares Outstanding 10.07B shares 10.12B shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.06B $86.98B
YoY Change 0.09% -3.12%
Cash & Equivalents $87.06B $86.98B
Short-Term Investments
Other Short-Term Assets $50.23B $70.50B
YoY Change -28.76%
Inventory $17.83B $18.88B
Prepaid Expenses
Receivables $20.55B $20.98B
Other Receivables $0.00 $0.00
Total Short-Term Assets $175.7B $197.3B
YoY Change -10.99% 55.31%
LONG-TERM ASSETS
Property, Plant & Equipment $61.22B $67.74B
YoY Change -9.63% -0.98%
Goodwill $69.60B $79.13B
YoY Change -12.04% 8.79%
Intangibles $13.53B $14.79B
YoY Change -8.49% 25.13%
Long-Term Investments $41.99B $45.73B
YoY Change -8.18% -5.37%
Other Assets $180.8B $1.506B
YoY Change 11903.25% -98.23%
Total Long-Term Assets $442.0B $454.9B
YoY Change -2.84% -16.32%
TOTAL ASSETS
Total Short-Term Assets $175.7B $197.3B
Total Long-Term Assets $442.0B $454.9B
Total Assets $617.6B $652.3B
YoY Change -5.31% -2.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.39B $17.21B
YoY Change -16.35% 6.67%
Accrued Expenses $12.39B $13.62B
YoY Change -9.02% -14.56%
Deferred Revenue
YoY Change
Short-Term Debt $69.21B $76.12B
YoY Change -9.08% -8.43%
Long-Term Debt Due $69.21B $76.12B
YoY Change -9.08% -8.43%
Total Short-Term Liabilities $205.8B $208.1B
YoY Change -1.1% -7.5%
LONG-TERM LIABILITIES
Long-Term Debt $282.1B $304.5B
YoY Change -7.33% -3.1%
Other Long-Term Liabilities $9.441B $1.268B
YoY Change 644.56% -47.62%
Total Long-Term Liabilities $291.6B $305.7B
YoY Change -4.63% -3.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $205.8B $208.1B
Total Long-Term Liabilities $291.6B $305.7B
Total Liabilities $500.3B $514.2B
YoY Change -2.7% -5.06%
SHAREHOLDERS EQUITY
Retained Earnings $139.4B $149.8B
YoY Change -6.94% 2.91%
Common Stock $702.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) -$42.09B $43.40B
YoY Change -196.99% 20.58%
Treasury Stock Shares
Shareholders Equity $108.6B $131.8B
YoY Change
Total Liabilities & Shareholders Equity $617.6B $652.3B
YoY Change -5.31% -2.75%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$13.57B $2.999B
YoY Change -552.58% -14.97%
Depreciation, Depletion And Amortization $1.101B $2.189B
YoY Change -49.7% -5.24%
Cash From Operating Activities $6.090B $4.961B
YoY Change 22.76% 7.61%
INVESTING ACTIVITIES
Capital Expenditures $1.496B $3.361B
YoY Change -55.49% -7.77%
Acquisitions $1.723B $1.454B
YoY Change 18.5% -122.78%
Other Investing Activities -$8.240B -$1.850B
YoY Change 345.41% -67.28%
Cash From Investing Activities $3.839B $1.792B
YoY Change 114.23% -94.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$8.246B -$8.501B
YoY Change -3.0% -62.97%
NET CHANGE
Cash From Operating Activities $6.090B $4.961B
Cash From Investing Activities $3.839B $1.792B
Cash From Financing Activities -$8.246B -$8.501B
Net Change In Cash $1.683B -$1.748B
YoY Change -196.28% -113.3%
FREE CASH FLOW
Cash From Operating Activities $6.090B $4.961B
Capital Expenditures $1.496B $3.361B
Free Cash Flow $4.594B $1.600B
YoY Change 187.13% 65.63%

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CY2014Q1 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
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CY2015Q1 ge Excess Securities Collateral Held
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CY2015Q1 ge Excess Collateralization
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CY2015Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2014Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2015Q1 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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CY2015Q1 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2015Q1 ge Unconditional Guarantee On Principal And Interest
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CY2015Q1 ge Businessdispositionchargesaftertax
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CY2015Q1 ge Business Disposition Charges On Continuing Operation Repatriationof Foreign Earnings After Tax
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CY2015Q1 us-gaap Common Stock Shares Authorized
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CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
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CY2015Q1 us-gaap Increase Decrease In Intangible Assets Current
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CY2015Q1 us-gaap Amortization Of Intangible Assets
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CY2015Q1 ge Reorganizationvaluecashinexcessofnormaloperating
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CY2015Q1 ge Percent Increase Decrease In Interes And Other Financial Charges
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CY2015Q1 ge Percentincreasedecreaseinprovisionforincometaxes
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CY2015Q1 ge Net Financing Receivables Of Certain Vies That Can Only Be Used To Settle Liabilities Of Those Vies
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CY2015Q1 ge Net Financing Receivables Hf Sof Certain Vi Es
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CY2015Q1 ge Businessdispositionchargesoncontinuingoperationbusinessheldforsaleaftertax
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CY2015Q1 ge Variance Segment Profit Favorable Unfavorable
VarianceSegmentProfitFavorableUnfavorable
U

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