2016 Form 10-K Financial Statement
#000104746918001117 Filed on February 27, 2018
Income Statement
| Concept | 2016 | 2015 |
|---|---|---|
| Revenue | $79.92B | $49.91B |
| YoY Change | 60.12% | -46.21% |
| Cost Of Revenue | $41.40B | $41.06B |
| YoY Change | 0.84% | -11.49% |
| Gross Profit | $38.52B | $40.68B |
| YoY Change | -5.33% | -12.33% |
| Gross Profit Margin | 48.19% | 81.51% |
| Selling, General & Admin | $20.87B | $19.51B |
| YoY Change | 6.95% | -15.82% |
| % of Gross Profit | 54.18% | 47.96% |
| Research & Development | $5.726B | $3.064B |
| YoY Change | 86.88% | -43.65% |
| % of Gross Profit | 14.87% | 7.53% |
| Depreciation & Amortization | $4.381B | $2.662B |
| YoY Change | 64.58% | -15.36% |
| % of Gross Profit | 11.37% | 6.54% |
| Operating Expenses | $26.60B | $3.064B |
| YoY Change | 767.98% | -89.29% |
| Operating Profit | $11.92B | $37.62B |
| YoY Change | -68.31% | 111.47% |
| Interest Expense | -$518.0M | $468.0M |
| YoY Change | -210.68% | -3.31% |
| % of Operating Profit | -4.35% | 1.24% |
| Other Income/Expense, Net | $1.000M | |
| YoY Change | ||
| Pretax Income | $12.33B | $5.915B |
| YoY Change | 108.45% | -70.4% |
| Income Tax | $449.0M | $2.581B |
| % Of Pretax Income | 3.64% | 43.63% |
| Net Earnings | $11.87B | $13.19B |
| YoY Change | -9.99% | 9.72% |
| Net Earnings / Revenue | 14.86% | 26.43% |
| Basic Earnings Per Share | $13.48 | |
| Diluted Earnings Per Share | $12.38M | $13.42 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 955.4M | 978.7M shares |
| Diluted Shares Outstanding | 982.7M shares |
Balance Sheet
| Concept | 2016 | 2015 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $8.538B | $8.200B |
| YoY Change | 4.12% | -3.53% |
| Cash & Equivalents | $7.826B | $7.686B |
| Short-Term Investments | $712.0M | $514.0M |
| Other Short-Term Assets | $4.552B | $4.199B |
| YoY Change | 8.41% | -15.05% |
| Inventory | $1.553B | $1.551B |
| Prepaid Expenses | ||
| Receivables | $9.182B | $8.333B |
| Other Receivables | $20.06B | $20.22B |
| Total Short-Term Assets | $43.89B | $42.50B |
| YoY Change | 3.26% | -10.29% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $10.83B | $10.73B |
| YoY Change | 0.97% | -0.41% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $698.0M | $475.0M |
| YoY Change | 46.95% | -20.03% |
| Other Assets | $11.73B | $10.75B |
| YoY Change | 9.09% | -18.86% |
| Total Long-Term Assets | $73.58B | $67.99B |
| YoY Change | 8.22% | -2.72% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $43.89B | $42.50B |
| Total Long-Term Assets | $73.58B | $67.99B |
| Total Assets | $117.5B | $110.5B |
| YoY Change | 6.31% | -5.78% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $6.209B | $6.028B |
| YoY Change | 3.0% | -12.18% |
| Accrued Expenses | $8.137B | $7.913B |
| YoY Change | 2.83% | -21.07% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $1.274B | $1.190B |
| YoY Change | 7.06% | 5.31% |
| Long-Term Debt Due | $6.239B | $5.271B |
| YoY Change | 18.36% | 14.56% |
| Total Short-Term Liabilities | $36.28B | $34.27B |
| YoY Change | 5.85% | -13.42% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $34.66B | $33.43B |
| YoY Change | 3.67% | -4.47% |
| Other Long-Term Liabilities | $27.72B | $28.12B |
| YoY Change | -1.41% | -7.97% |
| Total Long-Term Liabilities | $62.38B | $61.55B |
| YoY Change | 1.35% | -6.1% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $36.28B | $34.27B |
| Total Long-Term Liabilities | $62.38B | $61.55B |
| Total Liabilities | $99.22B | $96.23B |
| YoY Change | 3.11% | -8.7% |
| 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 | $18.25B | $14.26B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $117.5B | $110.5B |
| YoY Change | 6.31% | -5.78% |
Cashflow Statement
| Concept | 2016 | 2015 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $11.87B | $13.19B |
| YoY Change | -9.99% | 9.72% |
| Depreciation, Depletion And Amortization | $4.381B | $2.662B |
| YoY Change | 64.58% | -15.36% |
| Cash From Operating Activities | $17.08B | $17.26B |
| YoY Change | -0.99% | 2.29% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$4.150B | $3.579B |
| YoY Change | -215.95% | -4.3% |
| Acquisitions | $5.696B | $3.349B |
| YoY Change | 70.08% | 410.52% |
| Other Investing Activities | -$6.778B | -$4.008B |
| YoY Change | 69.11% | -439.09% |
| Cash From Investing Activities | -$10.93B | -$8.159B |
| YoY Change | 33.94% | 171.88% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $4.609B | |
| YoY Change | -66.31% | |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -5.917B | -9.413B |
| YoY Change | -37.14% | -39.08% |
| NET CHANGE | ||
| Cash From Operating Activities | 17.08B | 17.26B |
| Cash From Investing Activities | -10.93B | -8.159B |
| Cash From Financing Activities | -5.917B | -9.413B |
| Net Change In Cash | 188.0M | 7.842B |
| YoY Change | -97.6% | -594.76% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $17.08B | $17.26B |
| Capital Expenditures | -$4.150B | $3.579B |
| Free Cash Flow | $21.23B | $13.68B |
| YoY Change | 55.26% | 4.17% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
932828295 | |
| CY2017 | us-gaap |
Income Tax Effects Allocated Directly To Equity Cumulative Effect Of Change In Accounting Principle
IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple
|
-102000000 | |
| CY2015 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
3200000000 | |
| CY2016 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-408000000 | |
| CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-9413000000 | |
| CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-5917000000 | |
| CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
17255000000 | |
| CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
17084000000 | |
| CY2015 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
248000000 |
