2023 Q4 Form 10-Q Financial Statement

#000146785823000107 Filed on October 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $42.98B $44.13B
YoY Change -0.3% 5.35%
Cost Of Revenue $39.87B $38.58B
YoY Change 7.45% 7.09%
Gross Profit $3.109B $5.556B
YoY Change -48.21% -5.33%
Gross Profit Margin 7.23% 12.59%
Selling, General & Admin $2.260B $2.251B
YoY Change -33.39% -9.12%
% of Gross Profit 72.69% 40.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.150B $2.992B
YoY Change 13.72% 7.86%
% of Gross Profit 101.32% 53.85%
Operating Expenses $2.260B $41.12B
YoY Change -33.37% 6.81%
Operating Profit $849.0M $3.013B
YoY Change -67.48% -11.17%
Interest Expense $209.0M $320.0M
YoY Change -680.56% -3.03%
% of Operating Profit 24.62% 10.62%
Other Income/Expense, Net $9.000M $453.0M
YoY Change -30.77% -24.25%
Pretax Income $1.136B $3.464B
YoY Change -56.11% -15.45%
Income Tax -$858.0M $470.0M
% Of Pretax Income -75.53% 13.57%
Net Earnings $2.076B $3.064B
YoY Change 4.64% -7.29%
Net Earnings / Revenue 4.83% 6.94%
Basic Earnings Per Share $2.21
Diluted Earnings Per Share $1.59 $2.20
COMMON SHARES
Basic Shares Outstanding 1.369B shares 1.376B shares
Diluted Shares Outstanding 1.378B shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.47B $34.88B
YoY Change -15.45% 15.06%
Cash & Equivalents $18.85B $25.22B
Short-Term Investments $7.613B $9.651B
Other Short-Term Assets $7.238B $7.959B
YoY Change 6.05% 22.0%
Inventory $16.46B $17.74B
Prepaid Expenses
Receivables $12.38B $13.92B
Other Receivables $39.08B $36.22B
Total Short-Term Assets $101.6B $110.7B
YoY Change 1.16% 12.67%
LONG-TERM ASSETS
Property, Plant & Equipment $81.88B $49.40B
YoY Change 80.96% 15.43%
Goodwill $1.900B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $10.61B $10.55B
YoY Change 4.29% 6.45%
Other Assets $7.686B $9.793B
YoY Change -18.11% -8.34%
Total Long-Term Assets $171.4B $171.0B
YoY Change 4.8% 5.38%
TOTAL ASSETS
Total Short-Term Assets $101.6B $110.7B
Total Long-Term Assets $171.4B $171.0B
Total Assets $273.1B $281.7B
YoY Change 3.42% 8.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.11B $30.39B
YoY Change 2.28% 13.02%
Accrued Expenses $27.36B $27.78B
YoY Change 9.85% 15.59%
Deferred Revenue $2.802B
YoY Change 12.58%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $38.97B $38.65B
YoY Change 0.49% 10.17%
Total Short-Term Liabilities $94.45B $96.82B
YoY Change 3.59% 12.58%
LONG-TERM LIABILITIES
Long-Term Debt $82.77B $80.22B
YoY Change 9.03% 3.48%
Other Long-Term Liabilities $16.52B $16.32B
YoY Change 11.84% 10.31%
Total Long-Term Liabilities $110.3B $106.2B
YoY Change 9.68% 1.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.45B $96.82B
Total Long-Term Liabilities $110.3B $106.2B
Total Liabilities $204.8B $203.0B
YoY Change 6.78% 6.4%
SHAREHOLDERS EQUITY
Retained Earnings $55.39B $56.32B
YoY Change 12.47% 17.56%
Common Stock $12.00M $14.00M
YoY Change -14.29% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $64.29B $74.48B
YoY Change
Total Liabilities & Shareholders Equity $273.1B $281.7B
YoY Change 3.42% 8.13%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $2.076B $3.064B
YoY Change 4.64% -7.29%
Depreciation, Depletion And Amortization $3.150B $2.992B
YoY Change 13.72% 7.86%
Cash From Operating Activities $3.658B $6.595B
YoY Change -34.96% 27.05%
INVESTING ACTIVITIES
Capital Expenditures $7.099B $5.994B
YoY Change -214.65% -220.77%
Acquisitions
YoY Change
Other Investing Activities $4.536B $718.0M
YoY Change -730.88% -67.64%
Cash From Investing Activities -$2.563B -$5.276B
YoY Change -62.91% 92.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.179B 983.0M
YoY Change 2488.29% -32.72%
NET CHANGE
Cash From Operating Activities 3.658B 6.595B
Cash From Investing Activities -2.563B -5.276B
Cash From Financing Activities -8.179B 983.0M
Net Change In Cash -7.084B 2.302B
YoY Change 341.92% -41.1%
FREE CASH FLOW
Cash From Operating Activities $3.658B $6.595B
Capital Expenditures $7.099B $5.994B
Free Cash Flow -$3.441B $601.0M
YoY Change -129.12% -94.08%

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