2014 Form 10-K Financial Statement
#000104746915000900 Filed on February 18, 2015
Income Statement
| Concept | 2014 | 2013 Q4 |
|---|---|---|
| Revenue | $11.58B | $2.705B |
| YoY Change | 4.5% | 3.28% |
| Cost Of Revenue | $9.659B | $2.259B |
| YoY Change | 3.57% | 2.73% |
| Gross Profit | $1.919B | $446.0M |
| YoY Change | 9.47% | 6.19% |
| Gross Profit Margin | 16.57% | 16.49% |
| Selling, General & Admin | $974.0M | $245.0M |
| YoY Change | 3.4% | -11.87% |
| % of Gross Profit | 50.76% | 54.93% |
| Research & Development | $158.0M | $35.00M |
| YoY Change | 12.86% | -12.5% |
| % of Gross Profit | 8.23% | 7.85% |
| Depreciation & Amortization | $445.0M | $122.0M |
| YoY Change | -0.67% | 12.96% |
| % of Gross Profit | 23.19% | 27.35% |
| Operating Expenses | $1.128B | $284.0M |
| YoY Change | -9.25% | -6.89% |
| Operating Profit | $791.0M | $162.0M |
| YoY Change | 55.1% | 40.87% |
| Interest Expense | -$199.0M | -$42.00M |
| YoY Change | 9.34% | -19.23% |
| % of Operating Profit | -25.16% | -25.93% |
| Other Income/Expense, Net | -$2.000M | $0.00 |
| YoY Change | -200.0% | -100.0% |
| Pretax Income | $404.0M | $63.00M |
| YoY Change | -3.58% | -212.5% |
| Income Tax | $51.00M | $20.00M |
| % Of Pretax Income | 12.62% | 31.75% |
| Net Earnings | $323.0M | $41.00M |
| YoY Change | 152.34% | -202.5% |
| Net Earnings / Revenue | 2.79% | 1.52% |
| Basic Earnings Per Share | $0.17 | |
| Diluted Earnings Per Share | $1.313M | $0.17 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 242.1M | 241.4M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 | 2013 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $860.0M | $520.0M |
| YoY Change | 65.38% | 34.37% |
| Cash & Equivalents | $860.0M | $520.0M |
| Short-Term Investments | ||
| Other Short-Term Assets | $447.0M | $200.0M |
| YoY Change | 38.39% | -9.91% |
| Inventory | $2.025B | $1.741B |
| Prepaid Expenses | $61.00M | |
| Receivables | $1.665B | $1.542B |
| Other Receivables | $42.00M | $33.00M |
| Total Short-Term Assets | $5.039B | $4.159B |
| YoY Change | 21.16% | 0.97% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $4.423B | $3.824B |
| YoY Change | 15.66% | 2.11% |
| Goodwill | $131.0M | |
| YoY Change | 11.97% | |
| Intangibles | $87.00M | |
| YoY Change | 27.94% | |
| Long-Term Investments | $350.0M | $277.0M |
| YoY Change | 22.81% | 20.43% |
| Other Assets | $894.0M | $459.0M |
| YoY Change | 27.53% | 25.41% |
| Total Long-Term Assets | $5.884B | $5.029B |
| YoY Change | 17.0% | 5.54% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $5.039B | $4.159B |
| Total Long-Term Assets | $5.884B | $5.029B |
| Total Assets | $10.92B | $9.188B |
| YoY Change | 18.88% | 3.42% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.275B | $1.067B |
| YoY Change | 14.56% | -3.18% |
| Accrued Expenses | $682.0M | $726.0M |
| YoY Change | 8.25% | 2.98% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $267.0M | $277.0M |
| YoY Change | -3.61% | -3.82% |
| Total Short-Term Liabilities | $2.332B | $2.159B |
| YoY Change | 8.01% | -1.01% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $4.860B | $3.633B |
| YoY Change | 33.55% | 6.41% |
| Other Long-Term Liabilities | $1.447B | $948.0M |
| YoY Change | 52.64% | -18.35% |
| Total Long-Term Liabilities | $6.307B | $4.581B |
| YoY Change | 37.5% | 0.13% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.332B | $2.159B |
| Total Long-Term Liabilities | $6.307B | $4.581B |
| Total Liabilities | $9.168B | $7.059B |
| YoY Change | 27.05% | 1.02% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$687.0M | |
| YoY Change | 0.0% | |
| Common Stock | $2.000M | |
| YoY Change | 0.0% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $50.00M | |
| YoY Change | 0.0% | |
| Treasury Stock Shares | 4.044M shares | |
| Shareholders Equity | $1.755B | $1.980B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $10.92B | $9.188B |
| YoY Change | 18.88% | 3.42% |
Cashflow Statement
| Concept | 2014 | 2013 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $323.0M | $41.00M |
| YoY Change | 152.34% | -202.5% |
| Depreciation, Depletion And Amortization | $445.0M | $122.0M |
| YoY Change | -0.67% | 12.96% |
| Cash From Operating Activities | $760.0M | $320.0M |
| YoY Change | 7.34% | 46.79% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$601.0M | -$175.0M |
| YoY Change | -227.6% | 6.71% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$1.005B | -$3.000M |
| YoY Change | 50150.0% | -62.5% |
| Cash From Investing Activities | -$1.606B | -$178.0M |
| YoY Change | 183.75% | 3.49% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.197B | -18.00M |
| YoY Change | -20050.0% | -81.05% |
| NET CHANGE | ||
| Cash From Operating Activities | 760.0M | 320.0M |
| Cash From Investing Activities | -1.606B | -178.0M |
| Cash From Financing Activities | 1.197B | -18.00M |
| Net Change In Cash | 351.0M | 124.0M |
| YoY Change | 158.09% | -353.06% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $760.0M | $320.0M |
| Capital Expenditures | -$601.0M | -$175.0M |
| Free Cash Flow | $1.361B | $495.0M |
| YoY Change | 474.26% | 29.58% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
242100000 | |
| CY2013Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1542000000 | |
| CY2014Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1665000000 | |
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1067000000 | |
| CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1218000000 | |
| CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
726000000 | |
| CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
739000000 | |
| CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3633000000 | |
| CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4933000000 | |
| CY2013Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
200000000 | |
| CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
313000000 | |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
459000000 | |
| CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
538000000 | |
| CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
948000000 | |
| CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1447000000 | |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3824000000 | |
| CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4423000000 | |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
520000000 | |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
860000000 | |
| CY2013Q4 | us-gaap |
Debt Current
DebtCurrent
|
277000000 | |
| CY2014Q4 | us-gaap |
Debt Current
DebtCurrent
|
267000000 | |
| CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
87000000 | |
| CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
95000000 | |
| CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
1741000000 | |
| CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
2025000000 | |
| CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
9000000 | |
| CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
10000000 |
