2011 Form 10-K Financial Statement
#000095012311052609 Filed on May 20, 2011
Income Statement
| Concept | 2011 | 2009 Q2 | 2009 |
|---|---|---|---|
| Revenue | $6.190B | $1.468B | $6.150B |
| YoY Change | 3.43% | 4.7% | |
| Cost Of Revenue | $1.045B | $307.0M | $1.227B |
| YoY Change | -5.43% | 0.57% | |
| Gross Profit | $5.145B | $1.161B | $4.923B |
| YoY Change | 5.43% | 5.78% | |
| Gross Profit Margin | 83.12% | 79.09% | 80.05% |
| Selling, General & Admin | $3.012B | $627.0M | $2.729B |
| YoY Change | 10.78% | -1.23% | |
| % of Gross Profit | 58.54% | 54.01% | 55.43% |
| Research & Development | $862.0M | $225.0M | $870.0M |
| YoY Change | 0.58% | -2.79% | |
| % of Gross Profit | 16.75% | 19.38% | 17.67% |
| Depreciation & Amortization | $642.0M | $211.0M | $836.0M |
| YoY Change | -12.41% | 1.46% | |
| % of Gross Profit | 12.48% | 18.17% | 16.98% |
| Operating Expenses | $4.144B | $914.0M | $3.832B |
| YoY Change | 8.4% | -1.31% | |
| Operating Profit | $1.001B | $247.0M | $1.091B |
| YoY Change | -5.3% | 41.5% | |
| Interest Expense | -$164.0M | -$29.00M | -$88.00M |
| YoY Change | 1.23% | 109.52% | |
| % of Operating Profit | -16.38% | -11.74% | -8.07% |
| Other Income/Expense, Net | -$2.000M | $0.00 | $8.000M |
| YoY Change | -103.64% | -87.3% | |
| Pretax Income | $698.0M | -$221.0M | -$6.550B |
| YoY Change | -15.5% | -1151.36% | |
| Income Tax | $105.0M | $23.00M | $183.0M |
| % Of Pretax Income | 15.04% | ||
| Net Earnings | $597.0M | -$264.0M | -$6.786B |
| YoY Change | -16.39% | -1755.12% | |
| Net Earnings / Revenue | 9.64% | -17.98% | -110.34% |
| Basic Earnings Per Share | -$8.17 | ||
| Diluted Earnings Per Share | $759.5K | -$322.3K | -$8.17 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 778.0M | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 | 2009 Q2 | 2009 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.958B | $1.992B | $1.992B |
| YoY Change | -2.83% | -17.92% | |
| Cash & Equivalents | $2.950B | $1.793B | $1.793B |
| Short-Term Investments | $8.000M | $199.0M | $199.0M |
| Other Short-Term Assets | $485.0M | $278.0M | $441.0M |
| YoY Change | 13.85% | -13.7% | |
| Inventory | $30.00M | $27.00M | $27.00M |
| Prepaid Expenses | |||
| Receivables | $1.013B | $837.0M | $837.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $4.486B | $3.297B | $3.297B |
| YoY Change | 3.1% | -11.61% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.050B | $973.0M | $973.0M |
| YoY Change | 10.64% | -2.89% | |
| Goodwill | $4.561B | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $27.00M | $97.00M | $97.00M |
| YoY Change | -53.45% | -35.33% | |
| Other Assets | $151.0M | $71.00M | $71.00M |
| YoY Change | 67.78% | -36.04% | |
| Total Long-Term Assets | $8.233B | $7.341B | $7.341B |
| YoY Change | 19.65% | -48.89% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $4.486B | $3.297B | $3.297B |
| Total Long-Term Assets | $8.233B | $7.341B | $7.341B |
| Total Assets | $12.72B | $10.64B | $10.64B |
| YoY Change | 13.24% | -41.2% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $260.0M | $190.0M | $190.0M |
| YoY Change | 21.5% | 11.76% | |
| Accrued Expenses | $443.0M | $374.0M | $374.0M |
| YoY Change | 26.93% | -13.23% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | $596.0M | ||
| YoY Change | |||
| Total Short-Term Liabilities | $4.893B | $3.513B | $3.513B |
| YoY Change | 29.75% | -7.55% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $1.987B | $1.766B | $1.766B |
| YoY Change | 6.2% | -15.9% | |
| Other Long-Term Liabilities | $938.0M | $1.031B | $1.031B |
| YoY Change | 10.74% | 3.1% | |
| Total Long-Term Liabilities | $2.925B | $2.797B | $2.797B |
| YoY Change | 7.62% | -9.77% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $4.893B | $3.513B | $3.513B |
| Total Long-Term Liabilities | $2.925B | $2.797B | $2.797B |
| Total Liabilities | $8.191B | $6.491B | $6.491B |
| YoY Change | 22.55% | -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 | $4.528B | $4.147B | $4.147B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $12.72B | $10.64B | $10.64B |
| YoY Change | 13.24% | -41.2% |
Cashflow Statement
| Concept | 2011 | 2009 Q2 | 2009 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $597.0M | -$264.0M | -$6.786B |
| YoY Change | -16.39% | -1755.12% | |
| Depreciation, Depletion And Amortization | $642.0M | $211.0M | $836.0M |
| YoY Change | -12.41% | 1.46% | |
| Cash From Operating Activities | $1.794B | $607.0M | $1.671B |
| YoY Change | 5.97% | -8.14% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$268.0M | -$57.00M | -$272.0M |
| YoY Change | 8.06% | -0.73% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$1.492B | -$140.0M | -$689.0M |
| YoY Change | -915.3% | -44.97% | |
| Cash From Investing Activities | -$1.760B | -$197.0M | -$961.0M |
| YoY Change | 2607.69% | -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 | -184.0M | -61.00M | -677.0M |
| YoY Change | -58.28% | -36.49% | |
| NET CHANGE | |||
| Cash From Operating Activities | 1.794B | 607.0M | 1.671B |
| Cash From Investing Activities | -1.760B | -197.0M | -961.0M |
| Cash From Financing Activities | -184.0M | -61.00M | -677.0M |
| Net Change In Cash | -150.0M | 349.0M | 1.671B |
| YoY Change | -112.64% | -316.17% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.794B | $607.0M | $1.671B |
| Capital Expenditures | -$268.0M | -$57.00M | -$272.0M |
| Free Cash Flow | $2.062B | $664.0M | $1.943B |
| YoY Change | 6.23% | -7.17% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
778000000 | |
| CY2011Q2 | symc |
Operating Leases Future Minimum Payments Due Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncome
|
401000000 | |
| CY2011 | symc |
Restructuring Net Adjustment
RestructuringNetAdjustment
|
7000000 | |
| CY2009 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
97000000 | |
| CY2009 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
61000000 | |
| CY2010 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
47000000 | |
| CY2011 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
43000000 | |
| CY2009 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-97000000 | |
| CY2009 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-6760000000 | |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8.17 | |
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-8.17 | |
| CY2009Q2 | us-gaap |
Goodwill
Goodwill
|
4561000000 | |
| CY2010Q2 | us-gaap |
Goodwill
Goodwill
|
4605000000 | |
| CY2011Q2 | us-gaap |
Goodwill
Goodwill
|
5494000000 | |
| CY2010 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
24000000 | |
| CY2011 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
880000000 | |
| CY2010 | us-gaap |
Goodwill Allocation Adjustment
GoodwillAllocationAdjustment
|
20000000 | |
| CY2011 | us-gaap |
Goodwill Allocation Adjustment
GoodwillAllocationAdjustment
|
9000000 | |
| CY2009 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-6550000000 | |
| CY2009 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
125000000 | |
| CY2009 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1671000000 | |
| CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6786000000 | |
| CY2009 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
183000000 | |
| CY2009 | us-gaap |
Profit Loss
ProfitLoss
|
-6786000000 | |
| CY2009 | us-gaap |
Profit Loss
ProfitLoss
|
-6786000000 | |
| CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableIntrinsicValue
|
69000000 | |
| CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
7000000 | |
| CY2011Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
22.97 | |
| CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
1000000 | |
| CY2011Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
16.68 | |
| CY2010Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
91000000 | |
| CY2011Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
91000000 | |
| CY2011Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
87000000 | |
| CY2008Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
11229000000 | |
| CY2009Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4147000000 |
