2009 Form 10-K Financial Statement
#000104746909010806 Filed on December 17, 2009
Income Statement
| Concept | 2009 | 2008 | 2007 |
|---|---|---|---|
| Revenue | $114.6B | $118.4B | $104.3B |
| YoY Change | -3.22% | 13.5% | 13.78% |
| Cost Of Revenue | $30.70B | $20.03B | $14.96B |
| YoY Change | 53.26% | 33.89% | -78.45% |
| Gross Profit | $83.86B | $98.34B | $25.40B |
| YoY Change | -14.72% | 287.16% | 14.25% |
| Gross Profit Margin | 73.2% | 83.08% | 24.36% |
| Selling, General & Admin | $11.61B | $13.33B | $12.43B |
| YoY Change | -12.85% | 7.21% | 10.33% |
| % of Gross Profit | 13.85% | 13.55% | 48.94% |
| Research & Development | $2.819B | $3.543B | $3.611B |
| YoY Change | -20.43% | -1.88% | 0.56% |
| % of Gross Profit | 3.36% | 3.6% | 14.22% |
| Depreciation & Amortization | $4.780B | $3.401B | $2.705B |
| YoY Change | 40.55% | 25.73% | 14.96% |
| % of Gross Profit | 5.7% | 3.46% | 10.65% |
| Operating Expenses | $14.43B | $13.33B | $12.43B |
| YoY Change | 8.3% | 7.21% | -19.6% |
| Operating Profit | $10.14B | $85.01B | $12.97B |
| YoY Change | -88.08% | 555.49% | 91.57% |
| Interest Expense | -$721.0M | $0.00 | $698.0M |
| YoY Change | -100.0% | -0.57% | |
| % of Operating Profit | -7.11% | 0.0% | 5.38% |
| Other Income/Expense, Net | -$721.0M | -$240.0M | |
| YoY Change | 238.03% | ||
| Pretax Income | $9.415B | $10.47B | $9.177B |
| YoY Change | -10.1% | 14.12% | 27.62% |
| Income Tax | $1.755B | $2.144B | $1.913B |
| % Of Pretax Income | 18.64% | 20.47% | 20.85% |
| Net Earnings | $7.660B | $8.329B | $7.264B |
| YoY Change | -8.03% | 14.66% | 17.2% |
| Net Earnings / Revenue | 6.69% | 7.04% | 6.97% |
| Basic Earnings Per Share | $3.21 | ||
| Diluted Earnings Per Share | $3.14 | $3.245M | $2.675M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 2.388B shares | ||
| Diluted Shares Outstanding | 2.437B shares |
Balance Sheet
| Concept | 2009 | 2008 | 2007 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $13.33B | $10.25B | $11.45B |
| YoY Change | 30.14% | -10.48% | -30.31% |
| Cash & Equivalents | $13.28B | $10.15B | $11.29B |
| Short-Term Investments | $55.00M | $93.00M | $152.0M |
| Other Short-Term Assets | $7.776B | $8.164B | $6.342B |
| YoY Change | -4.75% | 28.73% | 14.54% |
| Inventory | $6.128B | $7.879B | $8.033B |
| Prepaid Expenses | |||
| Receivables | $19.21B | $19.24B | $15.93B |
| Other Receivables | $6.089B | $6.197B | $5.655B |
| Total Short-Term Assets | $52.54B | $51.73B | $47.40B |
| YoY Change | 1.57% | 9.13% | -1.79% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $11.26B | $10.84B | $7.798B |
| YoY Change | 3.91% | 38.98% | 13.62% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $570.0M | $525.0M | $671.0M |
| YoY Change | 8.57% | -21.76% | 60.53% |
| Other Assets | $5.666B | $6.429B | $3.237B |
| YoY Change | -11.87% | 98.61% | 33.98% |
| Total Long-Term Assets | $62.26B | $61.60B | $41.30B |
| YoY Change | 1.07% | 49.17% | 22.48% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $52.54B | $51.73B | $47.40B |
| Total Long-Term Assets | $62.26B | $61.60B | $41.30B |
| Total Assets | $114.8B | $113.3B | $88.70B |
| YoY Change | 1.3% | 27.77% | 8.19% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $14.81B | $14.92B | $11.79B |
| YoY Change | -0.72% | 26.55% | -2.6% |
| Accrued Expenses | $19.25B | $20.69B | $17.37B |
| YoY Change | -6.95% | 19.11% | 17.14% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $707.0M | $7.502B | $2.511B |
| YoY Change | -90.58% | 198.77% | 302.4% |
| Long-Term Debt Due | $1.143B | $2.674B | $675.0M |
| YoY Change | -57.26% | 296.15% | -67.56% |
| Total Short-Term Liabilities | $43.00B | $52.94B | $39.26B |
| YoY Change | -18.77% | 34.84% | 9.51% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $13.98B | $7.676B | $4.997B |
| YoY Change | 82.13% | 53.61% | 100.68% |
| Other Long-Term Liabilities | $13.80B | $10.62B | $3.457B |
| YoY Change | 29.95% | 207.26% | -7.74% |
| Total Long-Term Liabilities | $27.78B | $18.30B | $8.454B |
| YoY Change | 51.84% | 116.44% | 35.55% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $43.00B | $52.94B | $39.26B |
| Total Long-Term Liabilities | $27.78B | $18.30B | $8.454B |
| Total Liabilities | $74.28B | $74.39B | $50.17B |
| YoY Change | -0.14% | 48.27% | 14.45% |
| 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 | $40.52B | $38.94B | $38.53B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $114.8B | $113.3B | $88.70B |
| YoY Change | 1.3% | 27.77% | 8.19% |
Cashflow Statement
| Concept | 2009 | 2008 | 2007 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $7.660B | $8.329B | $7.264B |
| YoY Change | -8.03% | 14.66% | 17.2% |
| Depreciation, Depletion And Amortization | $4.780B | $3.401B | $2.705B |
| YoY Change | 40.55% | 25.73% | 14.96% |
| Cash From Operating Activities | $13.38B | $14.59B | $9.615B |
| YoY Change | -8.31% | 51.75% | -15.31% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$3.695B | -$2.990B | -$3.040B |
| YoY Change | 23.58% | -1.64% | 19.87% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $115.0M | -$10.72B | -$6.083B |
| YoY Change | -101.07% | 76.25% | 2323.51% |
| Cash From Investing Activities | -$3.580B | -$13.71B | -$9.123B |
| YoY Change | -73.89% | 50.29% | 227.34% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -6.673B | -2.020B | -5.599B |
| YoY Change | 230.35% | -63.92% | -7.87% |
| NET CHANGE | |||
| Cash From Operating Activities | 13.38B | 14.59B | 9.615B |
| Cash From Investing Activities | -3.580B | -13.71B | -9.123B |
| Cash From Financing Activities | -6.673B | -2.020B | -5.599B |
| Net Change In Cash | 3.126B | -1.140B | -5.107B |
| YoY Change | -374.21% | -77.68% | -305.18% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $13.38B | $14.59B | $9.615B |
| Capital Expenditures | -$3.695B | -$2.990B | -$3.040B |
| Free Cash Flow | $17.07B | $17.58B | $12.66B |
| YoY Change | -2.88% | 38.93% | -8.88% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009 | us-gaap |
Revenues
Revenues
|
114552000000 | USD |
| CY2009 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
104416000000 | USD |
| CY2009 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
74051000000 | USD |
| CY2009 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
40124000000 | USD |
| CY2009 | hpq |
Financing Revenue
FinancingRevenue
|
377000000 | USD |
| CY2009 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
56503000000 | USD |
| CY2009 | us-gaap |
Cost Of Services
CostOfServices
|
30695000000 | USD |
| CY2009 | hpq |
Financing Interest
FinancingInterest
|
326000000 | USD |
| CY2009 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
11613000000 | USD |
| CY2009 | us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
7000000 | USD |
| CY2009 | us-gaap |
Restructuring Charges
RestructuringCharges
|
640000000 | USD |
| CY2009 | hpq |
Business Combination Acquisition Related Charges
BusinessCombinationAcquisitionRelatedCharges
|
242000000 | USD |
| CY2009 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10136000000 | USD |
| CY2009 | hpq |
Income Loss Before Income Tax
IncomeLossBeforeIncomeTax
|
9415000000 | USD |
| CY2009 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1755000000 | USD |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.21 | |
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.14 | |
| CY2009 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2388000000 | shares |
| CY2009 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2437000000 | shares |
| CY2008 | us-gaap |
Cost Of Services
CostOfServices
|
20028000000 | USD |
| CY2007 | us-gaap |
Cost Of Services
CostOfServices
|
14959000000 | USD |
| CY2008 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
13326000000 | USD |
| CY2007 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
12430000000 | USD |
| CY2009 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2819000000 | USD |
| CY2009 | us-gaap |
Finite Lived Intangible Assets Amortization Expense
FiniteLivedIntangibleAssetsAmortizationExpense
|
1571000000 | USD |
| CY2009 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-721000000 | USD |
| CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7660000000 | USD |
