2022 Q1 Form 10-Q Financial Statement

#000146785822000078 Filed on April 27, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $35.98B $32.47B
YoY Change 10.79% -0.72%
Cost Of Revenue $31.28B $27.39B
YoY Change 14.18% -8.94%
Gross Profit $4.700B $5.080B
YoY Change -7.48% 93.38%
Gross Profit Margin 13.06% 15.64%
Selling, General & Admin $2.504B $1.803B
YoY Change 38.88% -8.48%
% of Gross Profit 53.28% 35.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.891B $3.015B
YoY Change -4.11% -5.72%
% of Gross Profit 61.51% 59.35%
Operating Expenses $33.78B $29.20B
YoY Change 15.71% -8.91%
Operating Profit $2.196B $3.277B
YoY Change -32.99% 398.78%
Interest Expense $207.0M $431.0M
YoY Change -51.97% -222.44%
% of Operating Profit 9.43% 13.15%
Other Income/Expense, Net $517.0M $799.0M
YoY Change -35.29% 156.91%
Pretax Income $2.779B $4.191B
YoY Change -33.69% 551.79%
Income Tax -$28.00M $1.177B
% Of Pretax Income -1.01% 28.08%
Net Earnings $2.939B $3.022B
YoY Change -2.75% 927.89%
Net Earnings / Revenue 8.17% 9.31%
Basic Earnings Per Share $1.36 $2.06
Diluted Earnings Per Share $1.35 $2.03
COMMON SHARES
Basic Shares Outstanding 1.458B shares 1.447B shares
Diluted Shares Outstanding 1.470B shares 1.464B shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.26B $29.38B
YoY Change -10.63% -36.3%
Cash & Equivalents $16.35B $21.61B
Short-Term Investments $9.907B $7.771B
Other Short-Term Assets $7.113B $6.936B
YoY Change 2.55% 0.26%
Inventory $14.84B $12.07B
Prepaid Expenses
Receivables $11.95B $9.126B
Other Receivables $28.44B $24.58B
Total Short-Term Assets $88.59B $82.09B
YoY Change 7.92% -15.98%
LONG-TERM ASSETS
Property, Plant & Equipment $41.71B $37.80B
YoY Change 10.35% -0.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.40B $8.979B
YoY Change 15.85% 19.39%
Other Assets $11.45B $7.237B
YoY Change 58.27% 10.91%
Total Long-Term Assets $162.9B $156.3B
YoY Change 4.21% 4.97%
TOTAL ASSETS
Total Short-Term Assets $88.59B $82.09B
Total Long-Term Assets $162.9B $156.3B
Total Assets $251.5B $238.4B
YoY Change 5.49% -3.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.24B $20.45B
YoY Change 23.45% 2.07%
Accrued Expenses $21.28B $20.81B
YoY Change 2.25% -20.58%
Deferred Revenue $3.104B
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $33.04B $35.07B
YoY Change -5.79% -22.18%
Total Short-Term Liabilities $79.56B $76.32B
YoY Change 4.23% -16.4%
LONG-TERM LIABILITIES
Long-Term Debt $76.77B $76.18B
YoY Change 0.77% -6.46%
Other Long-Term Liabilities $14.60B $13.17B
YoY Change 10.9% 7.0%
Total Long-Term Liabilities $104.9B $107.6B
YoY Change -2.58% -3.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.56B $76.32B
Total Long-Term Liabilities $104.9B $107.6B
Total Liabilities $184.4B $184.0B
YoY Change 0.25% -9.06%
SHAREHOLDERS EQUITY
Retained Earnings $43.88B $34.99B
YoY Change 25.41% 35.17%
Common Stock $15.00M $14.00M
YoY Change 7.14% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $62.10B $48.34B
YoY Change
Total Liabilities & Shareholders Equity $251.5B $238.4B
YoY Change 5.49% -3.33%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $2.939B $3.022B
YoY Change -2.75% 927.89%
Depreciation, Depletion And Amortization $2.891B $3.015B
YoY Change -4.11% -5.72%
Cash From Operating Activities $2.104B $1.266B
YoY Change 66.19% -18.9%
INVESTING ACTIVITIES
Capital Expenditures $1.661B $878.0M
YoY Change 89.18% -28.27%
Acquisitions
YoY Change
Other Investing Activities $154.0M $90.00M
YoY Change 71.11% 2.27%
Cash From Investing Activities -$3.909B -$2.984B
YoY Change 31.0% -54.58%
FINANCING ACTIVITIES
Cash Dividend Paid $73.00M $76.00M
YoY Change -3.95% -87.12%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.852B $3.617B
YoY Change -151.2% -84.73%
NET CHANGE
Cash From Operating Activities $2.104B $1.266B
Cash From Investing Activities -$3.909B -$2.984B
Cash From Financing Activities -$1.852B $3.617B
Net Change In Cash -$3.564B $1.759B
YoY Change -302.62% -90.35%
FREE CASH FLOW
Cash From Operating Activities $2.104B $1.266B
Capital Expenditures $1.661B $878.0M
Free Cash Flow $443.0M $388.0M
YoY Change 14.18% 15.13%

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