2011 Q3 Form 10-Q Financial Statement
#000110465911057630 Filed on October 25, 2011
Income Statement
| Concept | 2011 Q3 | 2010 Q4 |
|---|---|---|
| Revenue | $26.16B | $29.02B |
| YoY Change | 7.77% | 6.56% |
| Cost Of Revenue | $13.98B | $14.79B |
| YoY Change | 5.38% | 5.03% |
| Gross Profit | $12.17B | $14.23B |
| YoY Change | 10.65% | 8.2% |
| Gross Profit Margin | 46.54% | 49.02% |
| Selling, General & Admin | $5.662B | $5.834B |
| YoY Change | 11.85% | 8.26% |
| % of Gross Profit | 46.51% | 41.01% |
| Research & Development | $1.546B | $1.578B |
| YoY Change | 5.6% | 8.08% |
| % of Gross Profit | 12.7% | 11.09% |
| Depreciation & Amortization | $1.192B | $1.235B |
| YoY Change | -0.91% | -2.37% |
| % of Gross Profit | 9.79% | 8.68% |
| Operating Expenses | $7.208B | $7.114B |
| YoY Change | 15.55% | 2.8% |
| Operating Profit | $4.965B | $7.112B |
| YoY Change | 4.24% | 14.19% |
| Interest Expense | $107.0M | -$80.00M |
| YoY Change | -275.41% | -34.96% |
| % of Operating Profit | 2.16% | -1.12% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $5.027B | $6.993B |
| YoY Change | 7.48% | 9.61% |
| Income Tax | $1.188B | $1.698B |
| % Of Pretax Income | 23.63% | 24.28% |
| Net Earnings | $3.839B | $5.295B |
| YoY Change | 6.97% | 10.04% |
| Net Earnings / Revenue | 14.68% | 18.25% |
| Basic Earnings Per Share | $3.23 | |
| Diluted Earnings Per Share | $3.19 | $4.209M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.189B shares | |
| Diluted Shares Outstanding | 1.205B shares |
Balance Sheet
| Concept | 2011 Q3 | 2010 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $11.30B | $11.65B |
| YoY Change | 1.96% | -16.62% |
| Cash & Equivalents | $11.30B | $10.66B |
| Short-Term Investments | $0.00 | $990.0M |
| Other Short-Term Assets | $6.420B | $5.790B |
| YoY Change | 2.59% | 2.01% |
| Inventory | $2.663B | $2.450B |
| Prepaid Expenses | ||
| Receivables | $9.719B | $10.83B |
| Other Receivables | $15.27B | $17.39B |
| Total Short-Term Assets | $45.37B | $48.12B |
| YoY Change | 2.03% | -1.67% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $13.89B | $14.10B |
| YoY Change | -0.87% | -0.49% |
| Goodwill | $25.14B | |
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $5.422B | $5.778B |
| YoY Change | -12.07% | 7.42% |
| Other Assets | $7.699B | $6.288B |
| YoY Change | 5.01% | -12.62% |
| Total Long-Term Assets | $64.79B | $65.34B |
| YoY Change | 3.32% | 8.73% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $45.37B | $48.12B |
| Total Long-Term Assets | $64.79B | $65.34B |
| Total Assets | $110.2B | $113.5B |
| YoY Change | 2.78% | 4.06% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $7.093B | $7.804B |
| YoY Change | 0.13% | 4.95% |
| Accrued Expenses | $9.252B | $10.18B |
| YoY Change | -1.53% | 4.69% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $6.071B | $6.778B |
| YoY Change | 9.27% | 62.62% |
| Total Short-Term Liabilities | $36.03B | $40.56B |
| YoY Change | 1.65% | 12.67% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $24.09B | $21.85B |
| YoY Change | 10.0% | -0.39% |
| Other Long-Term Liabilities | $27.66B | $27.87B |
| YoY Change | 0.69% | -1.64% |
| Total Long-Term Liabilities | $51.75B | $49.72B |
| YoY Change | 4.82% | -1.09% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $36.03B | $40.56B |
| Total Long-Term Liabilities | $51.75B | $49.72B |
| Total Liabilities | $87.78B | $90.28B |
| YoY Change | 3.5% | 4.65% |
| 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 | $22.29B | $23.05B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $110.2B | $113.5B |
| YoY Change | 2.78% | 4.06% |
Cashflow Statement
| Concept | 2011 Q3 | 2010 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $3.839B | $5.295B |
| YoY Change | 6.97% | 10.04% |
| Depreciation, Depletion And Amortization | $1.192B | $1.235B |
| YoY Change | -0.91% | -2.37% |
| Cash From Operating Activities | $4.679B | $6.795B |
| YoY Change | 2.81% | 5.37% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$1.135B | -$1.873B |
| YoY Change | 12.6% | 26.55% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $330.0M | -$2.209B |
| YoY Change | -142.75% | 117.64% |
| Cash From Investing Activities | -$805.0M | -$4.082B |
| YoY Change | -54.78% | 63.61% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -3.668B | -1.859B |
| YoY Change | 6.16% | 54.02% |
| NET CHANGE | ||
| Cash From Operating Activities | 4.679B | 6.795B |
| Cash From Investing Activities | -805.0M | -4.082B |
| Cash From Financing Activities | -3.668B | -1.859B |
| Net Change In Cash | 206.0M | 854.0M |
| YoY Change | -130.12% | -68.91% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $4.679B | $6.795B |
| Capital Expenditures | -$1.135B | -$1.873B |
| Free Cash Flow | $5.814B | $8.668B |
| YoY Change | 4.59% | 9.32% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Revenues
Revenues
|
70852000000 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
12767000000 | USD | |
| us-gaap |
Profit Loss
ProfitLoss
|
9576000000 | USD | |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
42014000000 | USD | |
| CY2010Q4 | us-gaap |
Assets
Assets
|
113452000000 | USD |
| CY2010Q4 | us-gaap |
Liabilities
Liabilities
|
90279000000 | USD |
| CY2010Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
113452000000 | USD |
| CY2011Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
110158000000 | USD |
| CY2011Q3 | us-gaap |
Liabilities
Liabilities
|
87781000000 | USD |
| CY2011Q3 | us-gaap |
Assets
Assets
|
110158000000 | USD |
| CY2011Q3 | us-gaap |
Assets Current
AssetsCurrent
|
45373000000 | USD |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-10569000000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-891000000 | USD | |
| CY2011Q3 | ibm |
Expense And Other Income
ExpenseAndOtherIncome
|
7146000000 | USD |
| us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-2324000000 | USD |
