2024 Q1 Form 10-K Financial Statement

#000146785824000031 Filed on January 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $43.01B $42.98B $171.8B
YoY Change 7.58% -0.3% 9.64%
Cost Of Revenue $36.40B $39.87B $153.6B
YoY Change 4.43% 7.45% 13.15%
Gross Profit $6.612B $3.109B $18.24B
YoY Change 28.99% -48.21% -13.07%
Gross Profit Margin 15.37% 7.23% 10.61%
Selling, General & Admin $2.079B $2.260B $9.271B
YoY Change -15.08% -33.39% -13.09%
% of Gross Profit 31.44% 72.69% 50.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.798B $3.150B $11.74B
YoY Change -0.43% 13.72% 4.09%
% of Gross Profit 42.32% 101.32% 64.35%
Operating Expenses $39.28B $2.260B $162.5B
YoY Change 5.0% -33.37% 11.01%
Operating Profit $3.738B $849.0M $9.298B
YoY Change 45.0% -67.48% -9.86%
Interest Expense -$138.0M $209.0M $678.0M
YoY Change -225.45% -680.56% -394.78%
% of Operating Profit -3.69% 24.62% 7.29%
Other Income/Expense, Net $302.0M $9.000M $1.537B
YoY Change -26.16% -30.77% 7.33%
Pretax Income $3.715B $1.136B $10.40B
YoY Change 33.87% -56.11% -10.3%
Income Tax $762.0M -$858.0M $563.0M
% Of Pretax Income 20.51% -75.53% 5.41%
Net Earnings $2.980B $2.076B $10.13B
YoY Change 24.43% 4.64% 1.94%
Net Earnings / Revenue 6.93% 4.83% 5.89%
Basic Earnings Per Share $2.57 $7.35
Diluted Earnings Per Share $2.56 $1.59 $7.32
COMMON SHARES
Basic Shares Outstanding 1.154B shares 1.369B shares 1.364B shares
Diluted Shares Outstanding 1.162B shares 1.369B shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.48B $26.47B $26.47B
YoY Change -9.67% -15.45% -15.45%
Cash & Equivalents $17.64B $18.85B $18.85B
Short-Term Investments $7.845B $7.613B $7.613B
Other Short-Term Assets $8.001B $7.238B $7.237B
YoY Change 16.28% 6.05% 6.02%
Inventory $17.53B $16.46B $16.46B
Prepaid Expenses
Receivables $13.77B $12.38B $12.38B
Other Receivables $41.68B $39.08B $39.08B
Total Short-Term Assets $106.5B $101.6B $101.6B
YoY Change 7.73% 1.16% 1.16%
LONG-TERM ASSETS
Property, Plant & Equipment $81.53B $81.88B $81.88B
YoY Change 73.85% 80.96% 3.58%
Goodwill $1.900B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $10.74B $10.61B $10.61B
YoY Change 1.88% 4.29% 4.29%
Other Assets $7.815B $7.686B $29.05B
YoY Change -19.11% -18.11% 0.77%
Total Long-Term Assets $170.1B $171.4B $171.4B
YoY Change 1.16% 4.8% 4.8%
TOTAL ASSETS
Total Short-Term Assets $106.5B $101.6B $101.6B
Total Long-Term Assets $170.1B $171.4B $171.4B
Total Assets $276.6B $273.1B $273.1B
YoY Change 3.59% 3.42% 3.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.39B $28.11B $28.11B
YoY Change 1.6% 2.28% 2.28%
Accrued Expenses $26.41B $27.36B $24.56B
YoY Change 8.93% 9.85% 9.55%
Deferred Revenue $2.802B
YoY Change 12.58%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $35.98B $38.97B $38.97B
YoY Change -2.79% 0.49% 0.49%
Total Short-Term Liabilities $91.78B $94.45B $94.45B
YoY Change 1.77% 3.59% 3.59%
LONG-TERM LIABILITIES
Long-Term Debt $86.26B $82.77B $82.77B
YoY Change 11.43% 9.03% 9.03%
Other Long-Term Liabilities $17.28B $16.52B $27.54B
YoY Change 12.78% 11.84% 11.68%
Total Long-Term Liabilities $114.2B $110.3B $110.3B
YoY Change 11.33% 9.68% 9.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $91.78B $94.45B $94.45B
Total Long-Term Liabilities $114.2B $110.3B $110.3B
Total Liabilities $206.0B $204.8B $208.8B
YoY Change 6.86% 6.78% 6.39%
SHAREHOLDERS EQUITY
Retained Earnings $57.69B $55.39B
YoY Change 12.41% 12.47%
Common Stock $11.00M $12.00M
YoY Change -21.43% -14.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $66.60B $64.29B $64.29B
YoY Change
Total Liabilities & Shareholders Equity $276.6B $273.1B $273.1B
YoY Change 3.59% 3.42% 3.42%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $2.980B $2.076B $10.13B
YoY Change 24.43% 4.64% 1.94%
Depreciation, Depletion And Amortization $2.798B $3.150B $11.74B
YoY Change -0.43% 13.72% 4.09%
Cash From Operating Activities $3.152B $3.658B $20.93B
YoY Change 2.14% -34.96% 30.46%
INVESTING ACTIVITIES
Capital Expenditures $2.783B $7.099B $10.97B
YoY Change 14.48% -214.65% 18.75%
Acquisitions
YoY Change
Other Investing Activities $249.0M $4.536B $969.0M
YoY Change -55.77% -730.88% 1462.9%
Cash From Investing Activities -$3.914B -$2.563B -$14.66B
YoY Change 73.03% -62.91% -18.0%
FINANCING ACTIVITIES
Cash Dividend Paid $198.0M $597.0M
YoY Change 7.03% 50.38%
Common Stock Issuance & Retirement, Net $11.12B
YoY Change 344.6%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $300.0M -8.179B -$6.353B
YoY Change -117.8% 2488.29% -1758.75%
NET CHANGE
Cash From Operating Activities $3.152B 3.658B $20.93B
Cash From Investing Activities -$3.914B -2.563B -$14.66B
Cash From Financing Activities $300.0M -8.179B -$6.353B
Net Change In Cash -$539.0M -7.084B -$31.00M
YoY Change -33.21% 341.92% -98.06%
FREE CASH FLOW
Cash From Operating Activities $3.152B $3.658B $20.93B
Capital Expenditures $2.783B $7.099B $10.97B
Free Cash Flow $369.0M -$3.441B $9.960B
YoY Change -43.66% -129.12% 46.36%

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Files In Submission

Name View Source Status
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