2010 Form 10-K Financial Statement
#000095012310052086 Filed on May 24, 2010
Income Statement
| Concept | 2010 | 2009 Q2 | 2009 |
|---|---|---|---|
| Revenue | $5.985B | $1.468B | $6.150B |
| YoY Change | -2.68% | 4.7% | |
| Cost Of Revenue | $1.105B | $307.0M | $1.227B |
| YoY Change | -9.94% | 0.57% | |
| Gross Profit | $4.880B | $1.161B | $4.923B |
| YoY Change | -0.87% | 5.78% | |
| Gross Profit Margin | 81.54% | 79.09% | 80.05% |
| Selling, General & Admin | $2.719B | $627.0M | $2.729B |
| YoY Change | -0.37% | -1.23% | |
| % of Gross Profit | 55.72% | 54.01% | 55.43% |
| Research & Development | $857.0M | $225.0M | $870.0M |
| YoY Change | -1.49% | -2.79% | |
| % of Gross Profit | 17.56% | 19.38% | 17.67% |
| Depreciation & Amortization | $733.0M | $211.0M | $836.0M |
| YoY Change | -12.32% | 1.46% | |
| % of Gross Profit | 15.02% | 18.17% | 16.98% |
| Operating Expenses | $3.823B | $914.0M | $3.832B |
| YoY Change | -0.23% | -1.31% | |
| Operating Profit | $1.057B | $247.0M | $1.091B |
| YoY Change | -3.12% | 41.5% | |
| Interest Expense | -$162.0M | -$29.00M | -$88.00M |
| YoY Change | 84.09% | 109.52% | |
| % of Operating Profit | -15.33% | -11.74% | -8.07% |
| Other Income/Expense, Net | $55.00M | $0.00 | $8.000M |
| YoY Change | 587.5% | -87.3% | |
| Pretax Income | $826.0M | -$221.0M | -$6.550B |
| YoY Change | -112.61% | -1151.36% | |
| Income Tax | $112.0M | $23.00M | $183.0M |
| % Of Pretax Income | 13.56% | ||
| Net Earnings | $714.0M | -$264.0M | -$6.786B |
| YoY Change | -110.52% | -1755.12% | |
| Net Earnings / Revenue | 11.93% | -17.98% | -110.34% |
| Basic Earnings Per Share | -$8.17 | ||
| Diluted Earnings Per Share | $871.8K | -$322.3K | -$8.17 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 810.0M | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 | 2009 Q2 | 2009 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $3.044B | $1.992B | $1.992B |
| YoY Change | 52.81% | -17.92% | |
| Cash & Equivalents | $3.029B | $1.793B | $1.793B |
| Short-Term Investments | $15.00M | $199.0M | $199.0M |
| Other Short-Term Assets | $426.0M | $278.0M | $441.0M |
| YoY Change | -3.4% | -13.7% | |
| Inventory | $25.00M | $27.00M | $27.00M |
| Prepaid Expenses | |||
| Receivables | $856.0M | $837.0M | $837.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $4.351B | $3.297B | $3.297B |
| YoY Change | 31.97% | -11.61% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $949.0M | $973.0M | $973.0M |
| YoY Change | -2.47% | -2.89% | |
| Goodwill | $4.561B | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $58.00M | $97.00M | $97.00M |
| YoY Change | -40.21% | -35.33% | |
| Other Assets | $90.00M | $71.00M | $71.00M |
| YoY Change | 26.76% | -36.04% | |
| Total Long-Term Assets | $6.881B | $7.341B | $7.341B |
| YoY Change | -6.27% | -48.89% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $4.351B | $3.297B | $3.297B |
| Total Long-Term Assets | $6.881B | $7.341B | $7.341B |
| Total Assets | $11.23B | $10.64B | $10.64B |
| YoY Change | 5.58% | -41.2% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $214.0M | $190.0M | $190.0M |
| YoY Change | 12.63% | 11.76% | |
| Accrued Expenses | $349.0M | $374.0M | $374.0M |
| YoY Change | -6.68% | -13.23% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | $0.00 | ||
| YoY Change | |||
| Total Short-Term Liabilities | $3.771B | $3.513B | $3.513B |
| YoY Change | 7.34% | -7.55% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $1.871B | $1.766B | $1.766B |
| YoY Change | 5.95% | -15.9% | |
| Other Long-Term Liabilities | $847.0M | $1.031B | $1.031B |
| YoY Change | -17.85% | 3.1% | |
| Total Long-Term Liabilities | $2.718B | $2.797B | $2.797B |
| YoY Change | -2.82% | -9.77% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $3.771B | $3.513B | $3.513B |
| Total Long-Term Liabilities | $2.718B | $2.797B | $2.797B |
| Total Liabilities | $6.684B | $6.491B | $6.491B |
| YoY Change | 2.97% | -8.82% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$5.336B | ||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $4.548B | $4.147B | $4.147B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $11.23B | $10.64B | $10.64B |
| YoY Change | 5.58% | -41.2% |
Cashflow Statement
| Concept | 2010 | 2009 Q2 | 2009 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $714.0M | -$264.0M | -$6.786B |
| YoY Change | -110.52% | -1755.12% | |
| Depreciation, Depletion And Amortization | $733.0M | $211.0M | $836.0M |
| YoY Change | -12.32% | 1.46% | |
| Cash From Operating Activities | $1.693B | $607.0M | $1.671B |
| YoY Change | 1.32% | -8.14% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$248.0M | -$57.00M | -$272.0M |
| YoY Change | -8.82% | -0.73% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $183.0M | -$140.0M | -$689.0M |
| YoY Change | -126.56% | -44.97% | |
| Cash From Investing Activities | -$65.00M | -$197.0M | -$961.0M |
| YoY Change | -93.24% | -37.02% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -441.0M | -61.00M | -677.0M |
| YoY Change | -34.86% | -36.49% | |
| NET CHANGE | |||
| Cash From Operating Activities | 1.693B | 607.0M | 1.671B |
| Cash From Investing Activities | -65.00M | -197.0M | -961.0M |
| Cash From Financing Activities | -441.0M | -61.00M | -677.0M |
| Net Change In Cash | 1.187B | 349.0M | 1.671B |
| YoY Change | -28.96% | -316.17% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.693B | $607.0M | $1.671B |
| Capital Expenditures | -$248.0M | -$57.00M | -$272.0M |
| Free Cash Flow | $1.941B | $664.0M | $1.943B |
| YoY Change | -0.1% | -7.17% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
810000000 | |
| us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
119000000 | ||
| CY2009 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
125000000 | |
| CY2009Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
9289000000 | |
| us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
91000000 | ||
| CY2009 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
97000000 | |
| CY2009Q2 | us-gaap |
Assets
Assets
|
10638000000 | |
| CY2009Q2 | us-gaap |
Assets Current
AssetsCurrent
|
3297000000 | |
| CY2008 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
387000000 | |
| CY2009 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-6760000000 | |
| CY2009Q2 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
1766000000 | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
216000000 | ||
| CY2009 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
127000000 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.47 | ||
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8.17 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.46 | ||
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-8.17 | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
623000000 | ||
| CY2009 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-6550000000 | |
| CY2009Q2 | us-gaap |
Liabilities
Liabilities
|
6491000000 | |
| CY2009Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10638000000 | |
| CY2009Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
278000000 | |
| CY2009Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
71000000 | |
| us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
213000000 | ||
| CY2009 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
183000000 | |
| CY2008 | us-gaap |
Profit Loss
ProfitLoss
|
410000000 | |
| us-gaap |
Profit Loss
ProfitLoss
|
410000000 | ||
| CY2009 | us-gaap |
Profit Loss
ProfitLoss
|
-6786000000 | |
| CY2009Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-5336000000 | |
| CY2009Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4147000000 | |
| CY2007Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
11911000000 | |
| CY2008Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
11229000000 |
