2013 Form 10-K Financial Statement
#000119312513226119 Filed on May 17, 2013
Income Statement
| Concept | 2013 | 2012 Q1 | 2012 |
|---|---|---|---|
| Revenue | $6.906B | $1.681B | $6.730B |
| YoY Change | 2.62% | 8.72% | |
| Cost Of Revenue | $1.175B | $287.0M | $1.082B |
| YoY Change | 8.6% | 3.54% | |
| Gross Profit | $5.731B | $1.394B | $5.648B |
| YoY Change | 1.47% | 9.78% | |
| Gross Profit Margin | 82.99% | 82.93% | 83.92% |
| Selling, General & Admin | $3.236B | $854.0M | $3.226B |
| YoY Change | 0.31% | 7.1% | |
| % of Gross Profit | 56.46% | 61.26% | 57.12% |
| Research & Development | $1.026B | $241.0M | $969.0M |
| YoY Change | 5.88% | 12.41% | |
| % of Gross Profit | 17.9% | 17.29% | 17.16% |
| Depreciation & Amortization | $283.0M | $169.0M | $653.0M |
| YoY Change | -56.66% | 1.71% | |
| % of Gross Profit | 4.94% | 12.12% | 11.56% |
| Operating Expenses | $4.625B | $1.167B | $4.484B |
| YoY Change | 3.14% | 8.2% | |
| Operating Profit | $1.106B | $227.0M | $1.164B |
| YoY Change | -4.98% | 16.28% | |
| Interest Expense | -$127.0M | $501.0M | -$129.0M |
| YoY Change | -1.55% | -21.34% | |
| % of Operating Profit | -11.48% | 220.7% | -11.08% |
| Other Income/Expense, Net | $27.00M | -$2.000M | -$6.000M |
| YoY Change | -550.0% | 200.0% | |
| Pretax Income | $1.006B | $691.0M | $1.495B |
| YoY Change | -32.71% | 114.18% | |
| Income Tax | $251.0M | $132.0M | $308.0M |
| % Of Pretax Income | 24.95% | 19.1% | 20.6% |
| Net Earnings | $755.0M | $559.0M | $1.187B |
| YoY Change | -36.39% | 98.83% | |
| Net Earnings / Revenue | 10.93% | 33.25% | 17.64% |
| Basic Earnings Per Share | $1.08 | ||
| Diluted Earnings Per Share | $1.06 | $759.5K | $1.587M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 701.0M shares | 741.0M | |
| Diluted Shares Outstanding | 711.0M shares |
Balance Sheet
| Concept | 2013 | 2012 Q1 | 2012 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $4.747B | $3.211B | $3.211B |
| YoY Change | 47.84% | 8.55% | |
| Cash & Equivalents | $4.685B | $3.162B | $3.162B |
| Short-Term Investments | $62.00M | $49.00M | $49.00M |
| Other Short-Term Assets | $614.0M | $249.0M | $454.0M |
| YoY Change | 35.24% | -6.39% | |
| Inventory | $24.00M | $28.00M | $28.00M |
| Prepaid Expenses | |||
| Receivables | $1.031B | $940.0M | $940.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $6.416B | $4.633B | $4.633B |
| YoY Change | 38.48% | 3.28% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.122B | $1.100B | $1.100B |
| YoY Change | 2.0% | 4.76% | |
| Goodwill | $5.826B | ||
| YoY Change | |||
| Intangibles | $1.337B | ||
| YoY Change | |||
| Long-Term Investments | $0.00 | $0.00 | |
| YoY Change | -100.0% | ||
| Other Assets | $152.0M | $124.0M | $124.0M |
| YoY Change | 22.58% | -17.88% | |
| Total Long-Term Assets | $8.092B | $8.387B | $8.387B |
| YoY Change | -3.52% | 1.87% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $6.416B | $4.633B | $4.633B |
| Total Long-Term Assets | $8.092B | $8.387B | $8.387B |
| Total Assets | $14.51B | $13.02B | $13.02B |
| YoY Change | 11.43% | 2.37% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $334.0M | $324.0M | $324.0M |
| YoY Change | 3.09% | 24.62% | |
| Accrued Expenses | $422.0M | $416.0M | $416.0M |
| YoY Change | 1.44% | -6.09% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $997.0M | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Total Short-Term Liabilities | $5.567B | $4.505B | $4.505B |
| YoY Change | 23.57% | -7.93% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $2.094B | $2.039B | $2.039B |
| YoY Change | 2.7% | 2.62% | |
| Other Long-Term Liabilities | $962.0M | $94.00M | $1.016B |
| YoY Change | -5.31% | 8.32% | |
| Total Long-Term Liabilities | $3.056B | $2.133B | $3.055B |
| YoY Change | 0.03% | 4.44% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $5.567B | $4.505B | $4.505B |
| Total Long-Term Liabilities | $3.056B | $2.133B | $3.055B |
| Total Liabilities | $9.032B | $7.848B | $7.926B |
| YoY Change | 13.95% | -3.24% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$2.799B | ||
| YoY Change | |||
| Common Stock | $7.000M | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $5.476B | $5.094B | $5.094B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $14.51B | $13.02B | $13.02B |
| YoY Change | 11.43% | 2.37% |
Cashflow Statement
| Concept | 2013 | 2012 Q1 | 2012 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $755.0M | $559.0M | $1.187B |
| YoY Change | -36.39% | 98.83% | |
| Depreciation, Depletion And Amortization | $283.0M | $169.0M | $653.0M |
| YoY Change | -56.66% | 1.71% | |
| Cash From Operating Activities | $1.593B | $687.0M | $1.901B |
| YoY Change | -16.2% | 5.96% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $336.0M | -$87.00M | -$286.0M |
| YoY Change | -217.48% | 6.72% | |
| Acquisitions | $28.00M | ||
| YoY Change | |||
| Other Investing Activities | $1.000M | $380.0M | -$32.00M |
| YoY Change | -103.13% | -97.86% | |
| Cash From Investing Activities | -$319.0M | $293.0M | -$318.0M |
| YoY Change | 0.31% | -81.93% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | $0.00 | ||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $826.0M | ||
| YoY Change | |||
| Debt Paid & Issued, Net | $0.00 | ||
| YoY Change | |||
| Cash From Financing Activities | 308.0M | -170.0M | -1.386B |
| YoY Change | -122.22% | 653.26% | |
| NET CHANGE | |||
| Cash From Operating Activities | 1.593B | 687.0M | 1.901B |
| Cash From Investing Activities | -319.0M | 293.0M | -318.0M |
| Cash From Financing Activities | 308.0M | -170.0M | -1.386B |
| Net Change In Cash | 1.582B | 810.0M | 197.0M |
| YoY Change | 703.05% | -231.33% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.593B | $687.0M | $1.901B |
| Capital Expenditures | $336.0M | -$87.00M | -$286.0M |
| Free Cash Flow | $1.257B | $774.0M | $2.187B |
| YoY Change | -42.52% | 6.06% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q2 | us-gaap |
Goodwill
Goodwill
|
5494000000 | |
| CY2012 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
19000000 | |
| CY2011 | us-gaap |
Revenues
Revenues
|
6190000000 | |
| CY2012 | us-gaap |
Revenues
Revenues
|
6730000000 | |
| CY2013 | us-gaap |
Revenues
Revenues
|
6906000000 | |
| CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
82000000 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
102000000 | |
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
701000000 | |
| CY2013 | symc |
Antidilutive Securities Excluded From Computation Of Earnings Per Note Hedge Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerNoteHedgeShareAmount
|
2000000 | |
| CY2013 | symc |
Incremental Common Shares Attributable To Conversion Of Senior Notes
IncrementalCommonSharesAttributableToConversionOfSeniorNotes
|
2000000 | |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
1483000000 | |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
3469000000 | |
| CY2011 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1.00 | |
| CY2012 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1.00 | |
| CY2013 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1.00 | |
| CY2013 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
24000000 | |
| CY2012Q1 | us-gaap |
Goodwill
Goodwill
|
5826000000 | |
| CY2013Q1 | us-gaap |
Goodwill
Goodwill
|
5841000000 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
101000000 |
