2011 Q1 Form 10-Q Financial Statement
#000119312512214356 Filed on May 07, 2012
Income Statement
| Concept | 2011 Q1 |
|---|---|
| Revenue | $6.387B |
| YoY Change | 9.99% |
| Cost Of Revenue | $4.625B |
| YoY Change | 3.61% |
| Gross Profit | $1.762B |
| YoY Change | 31.2% |
| Gross Profit Margin | 27.59% |
| Selling, General & Admin | $865.0M |
| YoY Change | 10.47% |
| % of Gross Profit | 49.09% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $340.0M |
| YoY Change | -8.36% |
| % of Gross Profit | 19.3% |
| Operating Expenses | $1.211B |
| YoY Change | 4.94% |
| Operating Profit | $551.0M |
| YoY Change | 191.53% |
| Interest Expense | $150.0M |
| YoY Change | -5.06% |
| % of Operating Profit | 27.22% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $368.0M |
| YoY Change | -310.29% |
| Income Tax | $123.0M |
| % Of Pretax Income | 33.42% |
| Net Earnings | $354.0M |
| YoY Change | -329.87% |
| Net Earnings / Revenue | 5.54% |
| Basic Earnings Per Share | $0.82 |
| Diluted Earnings Per Share | $0.81 |
| COMMON SHARES | |
| Basic Shares Outstanding | 430.2M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $2.049B |
| YoY Change | 17.15% |
| Cash & Equivalents | $2.073B |
| Short-Term Investments | |
| Other Short-Term Assets | $621.0M |
| YoY Change | -21.19% |
| Inventory | $2.390B |
| Prepaid Expenses | |
| Receivables | $3.428B |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $8.488B |
| YoY Change | 12.44% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $12.72B |
| YoY Change | -1.98% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $1.095B |
| YoY Change | 1.67% |
| Other Assets | $977.0M |
| YoY Change | -23.49% |
| Total Long-Term Assets | $17.11B |
| YoY Change | -2.76% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $8.488B |
| Total Long-Term Assets | $17.11B |
| Total Assets | $25.60B |
| YoY Change | 1.8% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.541B |
| YoY Change | 14.61% |
| Accrued Expenses | $355.0M |
| YoY Change | 9.23% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $375.0M |
| YoY Change | 4.75% |
| Total Short-Term Liabilities | $4.497B |
| YoY Change | 10.14% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $8.156B |
| YoY Change | -5.13% |
| Other Long-Term Liabilities | $2.562B |
| YoY Change | -36.24% |
| Total Long-Term Liabilities | $10.72B |
| YoY Change | -15.04% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $4.497B |
| Total Long-Term Liabilities | $10.72B |
| Total Liabilities | $18.28B |
| YoY Change | -5.42% |
| 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 | $7.320B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $25.60B |
| YoY Change | 1.8% |
Cashflow Statement
| Concept | 2011 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $354.0M |
| YoY Change | -329.87% |
| Depreciation, Depletion And Amortization | $340.0M |
| YoY Change | -8.36% |
| Cash From Operating Activities | $514.0M |
| YoY Change | 223.27% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$181.0M |
| YoY Change | 50.83% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$126.0M |
| YoY Change | 306.45% |
| Cash From Investing Activities | -$307.0M |
| YoY Change | 103.31% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -280.0M |
| YoY Change | 87.92% |
| NET CHANGE | |
| Cash From Operating Activities | 514.0M |
| Cash From Investing Activities | -307.0M |
| Cash From Financing Activities | -280.0M |
| Net Change In Cash | -73.00M |
| YoY Change | -48.23% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $514.0M |
| Capital Expenditures | -$181.0M |
| Free Cash Flow | $695.0M |
| YoY Change | 149.1% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
434100000 | |
| CY2011Q1 | ip |
Income From Equity Method Investment And Income Attributable To Noncontrolling Interests
IncomeFromEquityMethodInvestmentAndIncomeAttributableToNoncontrollingInterests
|
-2000000 | |
| CY2012Q1 | ip |
Income From Equity Method Investment And Income Attributable To Noncontrolling Interests
IncomeFromEquityMethodInvestmentAndIncomeAttributableToNoncontrollingInterests
|
4000000 | |
| CY2011Q1 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | |
| CY2012Q1 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | |
| CY2011Q1 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
129000000 | |
| CY2012Q1 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
30000000 | |
| CY2011Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
32000000 | |
| CY2012Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
4000000 | |
| CY2012Q1 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
3429000000 | |
| CY2012Q1 | us-gaap |
Goodwill Other Changes
GoodwillOtherChanges
|
19000000 | |
| CY2011Q1 | us-gaap |
Interest Expense
InterestExpense
|
150000000 | |
| CY2012Q1 | us-gaap |
Interest Expense
InterestExpense
|
183000000 | |
| CY2012Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
15000000 | |
| CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
2819957 | |
| CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
16.63 | |
| CY2012Q1 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
-119000000 | |
| CY2011Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
3429000000 | |
| CY2011Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
14000000 |
