2010 Q4 Form 10-K Financial Statement
#000104746910010444 Filed on December 15, 2010
Income Statement
| Concept | 2010 Q4 | 2009 Q4 | 2009 |
|---|---|---|---|
| Revenue | $33.28B | $30.78B | $114.6B |
| YoY Change | 8.13% | -8.41% | -3.22% |
| Cost Of Revenue | $24.97B | $23.47B | $30.70B |
| YoY Change | 6.4% | -9.23% | 53.26% |
| Gross Profit | $8.310B | $7.311B | $83.86B |
| YoY Change | 13.66% | -5.66% | -14.72% |
| Gross Profit Margin | 24.97% | 23.75% | 73.2% |
| Selling, General & Admin | $3.491B | $2.975B | $11.61B |
| YoY Change | 17.34% | -15.15% | -12.85% |
| % of Gross Profit | 42.01% | 40.69% | 13.85% |
| Research & Development | $814.0M | $704.0M | $2.819B |
| YoY Change | 15.63% | -16.39% | -20.43% |
| % of Gross Profit | 9.8% | 9.63% | 3.36% |
| Depreciation & Amortization | $1.264B | $1.234B | $4.780B |
| YoY Change | 2.43% | 8.91% | 40.55% |
| % of Gross Profit | 15.21% | 16.88% | 5.7% |
| Operating Expenses | $4.729B | $4.080B | $14.43B |
| YoY Change | 15.91% | -12.91% | 8.3% |
| Operating Profit | $3.581B | $3.231B | $10.14B |
| YoY Change | 10.83% | 5.42% | -88.08% |
| Interest Expense | -$81.00M | -$132.0M | -$721.0M |
| YoY Change | -38.64% | 34.69% | |
| % of Operating Profit | -2.26% | -4.09% | -7.11% |
| Other Income/Expense, Net | -$721.0M | ||
| YoY Change | |||
| Pretax Income | $3.214B | $3.001B | $9.415B |
| YoY Change | 7.1% | 13.55% | -10.1% |
| Income Tax | $676.0M | $589.0M | $1.755B |
| % Of Pretax Income | 21.03% | 19.63% | 18.64% |
| Net Earnings | $2.538B | $2.412B | $7.660B |
| YoY Change | 5.22% | 14.2% | -8.03% |
| Net Earnings / Revenue | 7.63% | 7.84% | 6.69% |
| Basic Earnings Per Share | $3.21 | ||
| Diluted Earnings Per Share | $1.105M | $991.4K | $3.14 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 2.388B shares | ||
| Diluted Shares Outstanding | 2.437B shares |
Balance Sheet
| Concept | 2010 Q4 | 2009 Q4 | 2009 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $10.93B | $13.33B | $13.33B |
| YoY Change | -18.04% | 30.14% | 30.14% |
| Cash & Equivalents | $10.93B | $13.28B | $13.28B |
| Short-Term Investments | $55.00M | $55.00M | |
| Other Short-Term Assets | $15.32B | $13.87B | $7.776B |
| YoY Change | 10.51% | -3.45% | -4.75% |
| Inventory | $6.466B | $6.128B | $6.128B |
| Prepaid Expenses | |||
| Receivables | $21.47B | $19.21B | $19.21B |
| Other Receivables | $0.00 | $0.00 | $6.089B |
| Total Short-Term Assets | $54.18B | $52.54B | $52.54B |
| YoY Change | 3.13% | 1.57% | 1.57% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $11.76B | $11.26B | $11.26B |
| YoY Change | 4.45% | 3.91% | 3.91% |
| Goodwill | $38.48B | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $570.0M | ||
| YoY Change | 8.57% | ||
| Other Assets | $5.666B | ||
| YoY Change | -11.87% | ||
| Total Long-Term Assets | $70.32B | $62.26B | $62.26B |
| YoY Change | 12.94% | 1.07% | 1.07% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $54.18B | $52.54B | $52.54B |
| Total Long-Term Assets | $70.32B | $62.26B | $62.26B |
| Total Assets | $124.5B | $114.8B | $114.8B |
| YoY Change | 8.45% | 1.3% | 1.3% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $14.37B | $14.81B | $14.81B |
| YoY Change | -3.0% | -0.72% | -0.72% |
| Accrued Expenses | $20.46B | $19.25B | $19.25B |
| YoY Change | 6.29% | -6.95% | -6.95% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $4.830B | $707.0M | $707.0M |
| YoY Change | 583.17% | -90.58% | -90.58% |
| Long-Term Debt Due | $2.216B | $1.143B | $1.143B |
| YoY Change | 93.88% | -57.26% | -57.26% |
| Total Short-Term Liabilities | $49.40B | $43.00B | $43.00B |
| YoY Change | 14.88% | -18.77% | -18.77% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $15.26B | $13.98B | $13.98B |
| YoY Change | 9.14% | 82.13% | 82.13% |
| Other Long-Term Liabilities | $19.06B | $17.05B | $13.80B |
| YoY Change | 11.78% | 23.8% | 29.95% |
| Total Long-Term Liabilities | $19.06B | $17.05B | $27.78B |
| YoY Change | 11.78% | -20.5% | 51.84% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $49.40B | $43.00B | $43.00B |
| Total Long-Term Liabilities | $19.06B | $17.05B | $27.78B |
| Total Liabilities | $84.05B | $74.28B | $74.28B |
| YoY Change | 13.16% | -0.14% | -0.14% |
| 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 | $40.45B | $40.52B | $40.52B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $124.5B | $114.8B | $114.8B |
| YoY Change | 8.45% | 1.3% | 1.3% |
Cashflow Statement
| Concept | 2010 Q4 | 2009 Q4 | 2009 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $2.538B | $2.412B | $7.660B |
| YoY Change | 5.22% | 14.2% | -8.03% |
| Depreciation, Depletion And Amortization | $1.264B | $1.234B | $4.780B |
| YoY Change | 2.43% | 8.91% | 40.55% |
| Cash From Operating Activities | $3.151B | $3.433B | $13.38B |
| YoY Change | -8.21% | 4.79% | -8.31% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$1.232B | -$946.0M | -$3.695B |
| YoY Change | 30.23% | -7.62% | 23.58% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$3.834B | $64.00M | $115.0M |
| YoY Change | -6090.63% | -100.66% | -101.07% |
| Cash From Investing Activities | -$5.066B | -$882.0M | -$3.580B |
| YoY Change | 474.38% | -91.73% | -73.89% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.874B | -2.793B | -6.673B |
| YoY Change | -32.9% | -201.27% | 230.35% |
| NET CHANGE | |||
| Cash From Operating Activities | 3.151B | 3.433B | 13.38B |
| Cash From Investing Activities | -5.066B | -882.0M | -3.580B |
| Cash From Financing Activities | -1.874B | -2.793B | -6.673B |
| Net Change In Cash | -3.789B | -242.0M | 3.126B |
| YoY Change | 1465.7% | -94.77% | -374.21% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $3.151B | $3.433B | $13.38B |
| Capital Expenditures | -$1.232B | -$946.0M | -$3.695B |
| Free Cash Flow | $4.383B | $4.379B | $17.07B |
| YoY Change | 0.09% | 1.84% | -2.88% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009 | us-gaap |
Revenues
Revenues
|
114552000000 | USD |
| CY2009Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
17052000000 | USD |
| CY2009Q4 | us-gaap |
Notional Amount Of Derivatives
NotionalAmountOfDerivatives
|
42564000000 | USD |
| CY2010Q4 | us-gaap |
Notional Amount Of Interest Rate Fair Value Hedge Derivatives
NotionalAmountOfInterestRateFairValueHedgeDerivatives
|
8575000000 | USD |
| CY2008 | hpq |
Income Tax Expense Benefits Unique To The Year
IncomeTaxExpenseBenefitsUniqueToTheYear
|
251000000 | USD |
| CY2009Q4 | us-gaap |
Minority Interest
MinorityInterest
|
247000000 | USD |
| CY2010 | us-gaap |
Revenues
Revenues
|
126033000000 | USD |
| CY2008 | us-gaap |
Revenues
Revenues
|
118364000000 | USD |
| CY2010 | hpq |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Liability Net Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLiabilityNetGainLossIncludedInEarnings
|
6000000 | USD |
| CY2009Q4 | us-gaap |
Notional Amount Of Interest Rate Fair Value Hedge Derivatives
NotionalAmountOfInterestRateFairValueHedgeDerivatives
|
7575000000 | USD |
| CY2009Q4 | us-gaap |
Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
|
15056000000 | USD |
| CY2009Q4 | us-gaap |
Notional Amount Of Derivative Instruments Designated As Net Investment Hedges
NotionalAmountOfDerivativeInstrumentsDesignatedAsNetInvestmentHedges
|
1350000000 | USD |
| CY2009Q4 | hpq |
Notional Amount Of Derivatives Designated As Hedging Instruments
NotionalAmountOfDerivativesDesignatedAsHedgingInstruments
|
23981000000 | USD |
| CY2009Q4 | us-gaap |
Notional Amount Of Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
NotionalAmountOfForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
16104000000 | USD |
| CY2009Q4 | us-gaap |
Notional Amount Of Interest Rate Derivative Instruments Not Designated As Hedging Instruments
NotionalAmountOfInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
2211000000 | USD |
| CY2009Q4 | hpq |
Notional Amount Of Other Derivatives Instruments Not Designated As Hedging Instruments
NotionalAmountOfOtherDerivativesInstrumentsNotDesignatedAsHedgingInstruments
|
268000000 | USD |
| CY2009Q4 | us-gaap |
Notional Amount Of Other Derivatives Not Designated As Hedging Instruments
NotionalAmountOfOtherDerivativesNotDesignatedAsHedgingInstruments
|
18583000000 | USD |
| CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7660000000.0 | USD |
| CY2008 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8329000000 | USD |
| CY2010Q4 | us-gaap |
Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
|
16862000000 | USD |
| CY2010Q4 | us-gaap |
Notional Amount Of Derivative Instruments Designated As Net Investment Hedges
NotionalAmountOfDerivativeInstrumentsDesignatedAsNetInvestmentHedges
|
1466000000 | USD |
| CY2010Q4 | hpq |
Notional Amount Of Derivatives Designated As Hedging Instruments
NotionalAmountOfDerivativesDesignatedAsHedgingInstruments
|
26903000000 | USD |
| CY2010Q4 | us-gaap |
Notional Amount Of Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
NotionalAmountOfForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
13701000000 | USD |
| CY2010Q4 | us-gaap |
Notional Amount Of Interest Rate Derivative Instruments Not Designated As Hedging Instruments
NotionalAmountOfInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
2200000000 | USD |
| CY2010Q4 | hpq |
Notional Amount Of Other Derivatives Instruments Not Designated As Hedging Instruments
NotionalAmountOfOtherDerivativesInstrumentsNotDesignatedAsHedgingInstruments
|
397000000 | USD |
| CY2010Q4 | us-gaap |
Notional Amount Of Other Derivatives Not Designated As Hedging Instruments
NotionalAmountOfOtherDerivativesNotDesignatedAsHedgingInstruments
|
16298000000 | USD |
| CY2010Q4 | us-gaap |
Notional Amount Of Derivatives
NotionalAmountOfDerivatives
|
43201000000 | USD |
| CY2010 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
9000000 | USD |
| CY2009 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
7000000 | USD |
| CY2009Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
10906000000 | USD |
| CY2010Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
11829000000 | USD |
| CY2010Q4 | us-gaap |
Minority Interest
MinorityInterest
|
332000000 | USD |
| CY2010Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
19061000000 | USD |
