2021 Q1 Form 10-Q Financial Statement

#000146785821000117 Filed on May 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $32.47B $32.71B
YoY Change -0.72% -6.22%
Cost Of Revenue $27.39B $30.08B
YoY Change -8.94% -4.61%
Gross Profit $5.080B $2.627B
YoY Change 93.38% -21.42%
Gross Profit Margin 15.64% 8.03%
Selling, General & Admin $1.803B $1.970B
YoY Change -8.48% -6.15%
% of Gross Profit 35.49% 74.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.015B $3.198B
YoY Change -5.72% -22.17%
% of Gross Profit 59.35% 121.74%
Operating Expenses $29.20B $32.05B
YoY Change -8.91% -4.7%
Operating Profit $3.277B $657.0M
YoY Change 398.78% -47.19%
Interest Expense $431.0M -$352.0M
YoY Change -222.44% -143.56%
% of Operating Profit 13.15% -53.58%
Other Income/Expense, Net $799.0M $311.0M
YoY Change 156.91% -61.37%
Pretax Income $4.191B $643.0M
YoY Change 551.79% -71.82%
Income Tax $1.177B $357.0M
% Of Pretax Income 28.08% 55.52%
Net Earnings $3.022B $294.0M
YoY Change 927.89% -86.37%
Net Earnings / Revenue 9.31% 0.9%
Basic Earnings Per Share $2.06 $0.17
Diluted Earnings Per Share $2.03 $0.17
COMMON SHARES
Basic Shares Outstanding 1.447B shares 1.433B shares
Diluted Shares Outstanding 1.464B shares 1.440B shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $29.38B $46.13B
YoY Change -36.3% 98.84%
Cash & Equivalents $21.61B $38.51B
Short-Term Investments $7.771B $7.620B
Other Short-Term Assets $6.936B $6.918B
YoY Change 0.26% 7.44%
Inventory $12.07B $10.80B
Prepaid Expenses
Receivables $9.126B $7.536B
Other Receivables $24.58B $26.32B
Total Short-Term Assets $82.09B $97.70B
YoY Change -15.98% 21.99%
LONG-TERM ASSETS
Property, Plant & Equipment $37.80B $37.97B
YoY Change -0.45% -0.96%
Goodwill $1.800B
YoY Change
Intangibles
YoY Change
Long-Term Investments $8.979B $7.521B
YoY Change 19.39% -9.01%
Other Assets $7.237B $6.525B
YoY Change 10.91% -19.63%
Total Long-Term Assets $156.3B $148.9B
YoY Change 4.97% -2.69%
TOTAL ASSETS
Total Short-Term Assets $82.09B $97.70B
Total Long-Term Assets $156.3B $148.9B
Total Assets $238.4B $246.6B
YoY Change -3.33% 5.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.45B $20.03B
YoY Change 2.07% -18.44%
Accrued Expenses $20.81B $26.20B
YoY Change -20.58% -4.63%
Deferred Revenue $3.104B
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $35.07B $45.06B
YoY Change -22.18% 35.43%
Total Short-Term Liabilities $76.32B $91.29B
YoY Change -16.4% 7.02%
LONG-TERM LIABILITIES
Long-Term Debt $76.18B $81.44B
YoY Change -6.46% 10.33%
Other Long-Term Liabilities $13.17B $12.31B
YoY Change 7.0% -4.74%
Total Long-Term Liabilities $107.6B $111.0B
YoY Change -3.04% 7.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $76.32B $91.29B
Total Long-Term Liabilities $107.6B $111.0B
Total Liabilities $184.0B $202.3B
YoY Change -9.06% 7.33%
SHAREHOLDERS EQUITY
Retained Earnings $34.99B $25.89B
YoY Change 35.17% 8.13%
Common Stock $14.00M $14.00M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $48.34B $40.11B
YoY Change
Total Liabilities & Shareholders Equity $238.4B $246.6B
YoY Change -3.33% 5.79%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $3.022B $294.0M
YoY Change 927.89% -86.37%
Depreciation, Depletion And Amortization $3.015B $3.198B
YoY Change -5.72% -22.17%
Cash From Operating Activities $1.266B $1.561B
YoY Change -18.9% -2027.16%
INVESTING ACTIVITIES
Capital Expenditures $878.0M $1.224B
YoY Change -28.27% -39.23%
Acquisitions
YoY Change
Other Investing Activities $90.00M $88.00M
YoY Change 2.27% 4300.0%
Cash From Investing Activities -$2.984B -$6.570B
YoY Change -54.58% 77.04%
FINANCING ACTIVITIES
Cash Dividend Paid $76.00M $590.0M
YoY Change -87.12% -5.75%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $3.617B $23.68B
YoY Change -84.73% 2098.7%
NET CHANGE
Cash From Operating Activities $1.266B $1.561B
Cash From Investing Activities -$2.984B -$6.570B
Cash From Financing Activities $3.617B $23.68B
Net Change In Cash $1.759B $18.22B
YoY Change -90.35% -771.2%
FREE CASH FLOW
Cash From Operating Activities $1.266B $1.561B
Capital Expenditures $878.0M $1.224B
Free Cash Flow $388.0M $337.0M
YoY Change 15.13% -116.09%

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