2017 Q4 Form 10-Q Financial Statement

#000146785817000133 Filed on October 24, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $37.72B $33.62B $38.89B
YoY Change -5.47% -13.54% 0.12%
Cost Of Revenue $34.06B $26.51B $31.14B
YoY Change -3.14% -14.86% -2.87%
Gross Profit $3.652B $7.112B $7.750B
YoY Change -22.74% -8.23% 14.22%
Gross Profit Margin 9.68% 21.15% 19.93%
Selling, General & Admin $2.429B $2.304B $2.400B
YoY Change -18.38% -4.0% -43.95%
% of Gross Profit 66.51% 32.4% 30.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.177B $3.130B $2.529B
YoY Change 17.93% 23.76% 34.66%
% of Gross Profit 86.99% 44.01% 32.63%
Operating Expenses $2.429B $32.05B $2.400B
YoY Change -18.38% 1235.29% -43.95%
Operating Profit $1.223B $1.576B $3.148B
YoY Change -30.15% -49.94% 215.75%
Interest Expense $1.770B $514.0M $461.0M
YoY Change 295.97% 11.5% -9.43%
% of Operating Profit 144.73% 32.61% 14.64%
Other Income/Expense, Net $505.0M $109.0M
YoY Change 363.3% -8.4%
Pretax Income $2.993B $2.430B $3.609B
YoY Change 36.17% -32.67% 139.64%
Income Tax $596.0M $2.300B $902.0M
% Of Pretax Income 19.91% 94.65% 24.99%
Net Earnings -$5.151B -$2.981B $2.773B
YoY Change -380.71% -207.5% 104.05%
Net Earnings / Revenue -13.66% -8.87% 7.13%
Basic Earnings Per Share -$2.06 $1.79
Diluted Earnings Per Share -$3.651M -$2.03 $1.76
COMMON SHARES
Basic Shares Outstanding 1.420B shares 1.445B shares 1.550B shares
Diluted Shares Outstanding 1.472B shares 1.574B shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.83B $21.25B $24.10B
YoY Change -2.42% -11.86% 2.74%
Cash & Equivalents $15.51B $12.79B $15.93B
Short-Term Investments $8.313B $8.454B $8.172B
Other Short-Term Assets $4.465B $4.909B $2.034B
YoY Change 22.9% 141.35% 36.97%
Inventory $10.66B $11.79B $15.43B
Prepaid Expenses
Receivables $8.164B $10.01B $10.74B
Other Receivables $20.52B $19.40B $20.50B
Total Short-Term Assets $68.74B $76.62B $76.50B
YoY Change -9.79% 0.16% -7.1%
LONG-TERM ASSETS
Property, Plant & Equipment $36.25B $35.18B $34.71B
YoY Change 11.2% 1.34% 18.15%
Goodwill $1.900B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $9.073B $8.820B $8.645B
YoY Change 0.86% 2.02% -2.56%
Other Assets $4.929B $5.005B $3.688B
YoY Change 28.06% 35.71% 57.27%
Total Long-Term Assets $143.7B $152.9B $141.1B
YoY Change -1.2% 8.37% 32.27%
TOTAL ASSETS
Total Short-Term Assets $68.74B $76.62B $76.50B
Total Long-Term Assets $143.7B $152.9B $141.1B
Total Assets $212.5B $229.5B $217.6B
YoY Change -4.15% 5.48% 15.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.93B $23.27B $28.63B
YoY Change 2.55% -18.73% 13.66%
Accrued Expenses $26.00B $26.60B $28.53B
YoY Change 0.4% -6.76% -6.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $26.97B $25.61B $25.37B
YoY Change 13.31% 0.92% 49.24%
Total Short-Term Liabilities $76.89B $81.85B $82.54B
YoY Change -9.73% -0.83% 13.47%
LONG-TERM LIABILITIES
Long-Term Debt $67.25B $67.07B $53.73B
YoY Change 31.03% 24.83% 32.98%
Other Long-Term Liabilities $12.39B $12.74B $13.08B
YoY Change -0.17% -2.61% -0.49%
Total Long-Term Liabilities $99.39B $104.2B $90.03B
YoY Change 7.53% 15.72% 10.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $76.89B $81.85B $82.54B
Total Long-Term Liabilities $99.39B $104.2B $90.03B
Total Liabilities $176.3B $186.0B $172.6B
YoY Change -0.75% 7.8% 12.15%
SHAREHOLDERS EQUITY
Retained Earnings $17.63B $24.23B $25.42B
YoY Change -32.64% -4.67% 70.45%
Common Stock $14.00M $14.00M $15.00M
YoY Change -6.67% -6.67% -6.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $35.00B $42.24B $44.72B
YoY Change
Total Liabilities & Shareholders Equity $212.5B $229.5B $217.6B
YoY Change -4.15% 5.48% 15.12%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income -$5.151B -$2.981B $2.773B
YoY Change -380.71% -207.5% 104.05%
Depreciation, Depletion And Amortization $3.177B $3.130B $2.529B
YoY Change 17.93% 23.76% 34.66%
Cash From Operating Activities $6.888B $2.881B $6.570B
YoY Change 71.43% -56.15% 98.61%
INVESTING ACTIVITIES
Capital Expenditures -$6.471B -$7.092B -$6.884B
YoY Change -5.09% 3.02% 8.12%
Acquisitions
YoY Change
Other Investing Activities $1.660B -$1.746B -$4.776B
YoY Change -134.4% -63.44% 91.88%
Cash From Investing Activities -$4.811B -$8.838B -$11.66B
YoY Change -58.68% -24.2% 31.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -95.00M 2.139B 2.118B
YoY Change -101.93% 0.99% -41.0%
NET CHANGE
Cash From Operating Activities 6.888B 2.881B 6.570B
Cash From Investing Activities -4.811B -8.838B -11.66B
Cash From Financing Activities -95.00M 2.139B 2.118B
Net Change In Cash 1.982B -3.818B -2.972B
YoY Change -173.57% 28.47% 51.79%
FREE CASH FLOW
Cash From Operating Activities $6.888B $2.881B $6.570B
Capital Expenditures -$6.471B -$7.092B -$6.884B
Free Cash Flow $13.36B $9.973B $13.45B
YoY Change 23.28% -25.87% 39.06%

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CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000000.0 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000000.0 shares
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
7368000000 USD
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
9363000000 USD
us-gaap Proceeds From Debt Maturing In More Than Three Months
ProceedsFromDebtMaturingInMoreThanThreeMonths
30598000000 USD
us-gaap Proceeds From Debt Maturing In More Than Three Months
ProceedsFromDebtMaturingInMoreThanThreeMonths
43048000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
985000000 USD
us-gaap Proceeds From Leases Held For Investment
ProceedsFromLeasesHeldForInvestment
1799000000 USD
us-gaap Proceeds From Leases Held For Investment
ProceedsFromLeasesHeldForInvestment
4649000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-172000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-271000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-289000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-374000000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
8090000000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
7901000000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
846000000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
0 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
2712000000 USD
us-gaap Profit Loss
ProfitLoss
7493000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
-2982000000 USD
us-gaap Profit Loss
ProfitLoss
1298000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32603000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
35178000000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
34342000000 USD
CY2017Q3 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
41775000000 USD
us-gaap Repayments Of Debt Maturing In More Than Three Months
RepaymentsOfDebtMaturingInMoreThanThreeMonths
15294000000 USD
us-gaap Repayments Of Debt Maturing In More Than Three Months
RepaymentsOfDebtMaturingInMoreThanThreeMonths
26034000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1913000000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2523000000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
29000000 USD
us-gaap Restructuring Charges
RestructuringCharges
369000000 USD
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
43000000 USD
us-gaap Restructuring Charges
RestructuringCharges
333000000 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
383000000 USD
CY2016Q2 us-gaap Restructuring Reserve
RestructuringReserve
333000000 USD
CY2016Q3 us-gaap Restructuring Reserve
RestructuringReserve
308000000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
268000000 USD
CY2017Q2 us-gaap Restructuring Reserve
RestructuringReserve
493000000 USD
CY2017Q3 us-gaap Restructuring Reserve
RestructuringReserve
454000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
26168000000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
24230000000 USD
CY2016Q3 us-gaap Revenues
Revenues
38889000000 USD
us-gaap Revenues
Revenues
109288000000 USD
CY2017Q3 us-gaap Revenues
Revenues
33623000000 USD
us-gaap Revenues
Revenues
107873000000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
36530000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
102862000000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
30466000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
98983000000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2400000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7378000000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2304000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7141000000 USD
us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
985000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
290000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
43836000000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
42243000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
40323000000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
45015000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
44075000000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43477000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
2000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
41000000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1574000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1578000000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1472000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1507000000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1550000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1548000000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1445000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1483000000 shares

Files In Submission

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