2015 Q3 Form 10-Q Financial Statement

#000156459015009662 Filed on November 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $1.689B $5.162B
YoY Change -67.28% 91.33%
Cost Of Revenue $385.0M $492.0M
YoY Change -21.75% 7.19%
Gross Profit $1.254B $2.213B
YoY Change -43.33% 1.28%
Gross Profit Margin 74.25% 42.87%
Selling, General & Admin $627.0M $650.0M
YoY Change -3.54% -61.56%
% of Gross Profit 50.0% 29.37%
Research & Development $144.0M $90.00M
YoY Change 60.0% -46.75%
% of Gross Profit 11.48% 4.07%
Depreciation & Amortization $988.0M $838.0M
YoY Change 17.9% 23.05%
% of Gross Profit 78.79% 37.87%
Operating Expenses $1.759B $1.578B
YoY Change 11.47% 5.98%
Operating Profit -$505.0M $635.0M
YoY Change -179.53% -8.76%
Interest Expense $84.00M $75.00M
YoY Change 12.0% -187.21%
% of Operating Profit 11.81%
Other Income/Expense, Net -$32.00M $27.00M
YoY Change -218.52% -1000.0%
Pretax Income -$539.0M $591.0M
YoY Change -191.2% -14.47%
Income Tax -$300.0M $232.0M
% Of Pretax Income 39.26%
Net Earnings -$252.0M $1.030B
YoY Change -124.47% 145.24%
Net Earnings / Revenue -14.92% 19.95%
Basic Earnings Per Share -$0.98 $3.35
Diluted Earnings Per Share -$0.98 $3.305M
COMMON SHARES
Basic Shares Outstanding 283.5M 300.7M
Diluted Shares Outstanding 283.5M

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.013B $4.120B
YoY Change -26.87% 1183.49%
Cash & Equivalents $3.013B $4.120B
Short-Term Investments
Other Short-Term Assets $527.0M $869.0M
YoY Change -39.36% 5.72%
Inventory $535.0M $817.0M
Prepaid Expenses
Receivables $1.211B $2.674B
Other Receivables $311.0M $385.0M
Total Short-Term Assets $5.597B $8.865B
YoY Change -36.86% -4.23%
LONG-TERM ASSETS
Property, Plant & Equipment $26.88B $27.67B
YoY Change -2.83% 0.92%
Goodwill $1.858B
YoY Change -0.59%
Intangibles
YoY Change
Long-Term Investments $145.0M
YoY Change -67.12%
Other Assets $2.503B $500.0M
YoY Change 400.6% 67.79%
Total Long-Term Assets $30.86B $32.11B
YoY Change -3.9% -1.62%
TOTAL ASSETS
Total Short-Term Assets $5.597B $8.865B
Total Long-Term Assets $30.86B $32.11B
Total Assets $36.46B $40.98B
YoY Change -11.03% -2.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $537.0M $1.712B
YoY Change -68.63% 277.92%
Accrued Expenses $1.930B $2.954B
YoY Change -34.66% 6.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $78.00M $67.00M
YoY Change 16.42% -91.53%
Total Short-Term Liabilities $2.624B $5.015B
YoY Change -47.68% -27.56%
LONG-TERM LIABILITIES
Long-Term Debt $6.474B $5.929B
YoY Change 9.19% 9.43%
Other Long-Term Liabilities $3.377B $1.037B
YoY Change 225.65% -12.04%
Total Long-Term Liabilities $9.851B $1.037B
YoY Change 849.95% -12.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.624B $5.015B
Total Long-Term Liabilities $9.851B $1.037B
Total Liabilities $15.13B $16.61B
YoY Change -8.94% -8.0%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.33B $24.25B
YoY Change
Total Liabilities & Shareholders Equity $36.46B $40.98B
YoY Change -11.03% -2.2%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$252.0M $1.030B
YoY Change -124.47% 145.24%
Depreciation, Depletion And Amortization $988.0M $838.0M
YoY Change 17.9% 23.05%
Cash From Operating Activities $282.0M $1.346B
YoY Change -79.05% 7.34%
INVESTING ACTIVITIES
Capital Expenditures -$963.0M -$1.370B
YoY Change -29.71% -2.63%
Acquisitions
YoY Change
Other Investing Activities $7.000M $2.931B
YoY Change -99.76% -3763.75%
Cash From Investing Activities -$956.0M $1.561B
YoY Change -161.24% -204.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.756B -992.0M
YoY Change -377.82% 480.12%
NET CHANGE
Cash From Operating Activities 282.0M 1.346B
Cash From Investing Activities -956.0M 1.561B
Cash From Financing Activities 2.756B -992.0M
Net Change In Cash 2.082B 1.915B
YoY Change 8.72% -574.01%
FREE CASH FLOW
Cash From Operating Activities $282.0M $1.346B
Capital Expenditures -$963.0M -$1.370B
Free Cash Flow $1.245B $2.716B
YoY Change -54.16% 2.07%

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CY2015Q3 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
3000000
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
6552000000
CY2015Q3 us-gaap Guarantees Fair Value Disclosure
GuaranteesFairValueDisclosure
11000000

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