2012 Q2 Form 10-Q Financial Statement

#000020040612000081 Filed on May 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $16.14B $16.17B
YoY Change -0.21% 3.47%
Cost Of Revenue $4.915B $4.778B
YoY Change 2.87% 5.52%
Gross Profit $11.22B $11.40B
YoY Change -1.5% 2.63%
Gross Profit Margin 69.55% 70.46%
Selling, General & Admin $5.015B $5.056B
YoY Change -0.81% 5.8%
% of Gross Profit 44.68% 44.37%
Research & Development $1.645B $1.738B
YoY Change -5.35% 11.62%
% of Gross Profit 14.66% 15.25%
Depreciation & Amortization $773.0M $755.0M
YoY Change 2.38% 2.86%
% of Gross Profit 6.89% 6.63%
Operating Expenses $6.660B $6.794B
YoY Change -1.97% 43.27%
Operating Profit $5.130B $4.726B
YoY Change 8.55% -25.7%
Interest Expense $147.0M $125.0M
YoY Change 17.6% -254.32%
% of Operating Profit 2.87% 2.64%
Other Income/Expense, Net $611.0M $13.00M
YoY Change 4600.0%
Pretax Income $5.045B $4.510B
YoY Change 11.86% -28.18%
Income Tax $1.135B $1.034B
% Of Pretax Income 22.5% 22.93%
Net Earnings $3.910B $3.476B
YoY Change 12.49% -23.2%
Net Earnings / Revenue 24.23% 21.49%
Basic Earnings Per Share $1.43 $1.27
Diluted Earnings Per Share $1.41 $1.25
COMMON SHARES
Basic Shares Outstanding 2.737B shares 2.738B shares
Diluted Shares Outstanding 2.775B shares 2.773B shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.85B $26.87B
YoY Change 25.98% 49.18%
Cash & Equivalents $30.27B $22.36B
Short-Term Investments $3.580B $4.511B
Other Short-Term Assets $5.378B $5.293B
YoY Change 1.61% -4.2%
Inventory $6.800B $6.200B
Prepaid Expenses
Receivables $10.98B $10.86B
Other Receivables $0.00 $0.00
Total Short-Term Assets $57.01B $49.22B
YoY Change 15.82% 26.66%
LONG-TERM ASSETS
Property, Plant & Equipment $14.82B $15.08B
YoY Change -1.72% 5.65%
Goodwill $16.34B
YoY Change
Intangibles $18.16B
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.956B $9.032B
YoY Change -56.2% 5.92%
Total Long-Term Assets $59.19B $58.93B
YoY Change 0.44% 7.97%
TOTAL ASSETS
Total Short-Term Assets $57.01B $49.22B
Total Long-Term Assets $59.19B $58.93B
Total Assets $116.2B $108.2B
YoY Change 7.44% 15.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.085B $5.701B
YoY Change -10.81% 11.22%
Accrued Expenses $4.369B $8.728B
YoY Change -49.94% 9.7%
Deferred Revenue
YoY Change
Short-Term Debt $6.439B $0.00
YoY Change
Long-Term Debt Due $6.439B $8.575B
YoY Change -24.91% 112.04%
Total Short-Term Liabilities $21.20B $24.01B
YoY Change -11.72% 29.8%
LONG-TERM LIABILITIES
Long-Term Debt $13.01B $9.255B
YoY Change 40.57% 14.84%
Other Long-Term Liabilities $10.54B $13.13B
YoY Change -19.72% 6.74%
Total Long-Term Liabilities $23.55B $22.38B
YoY Change 5.21% 9.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.20B $24.01B
Total Long-Term Liabilities $23.55B $22.38B
Total Liabilities $54.83B $48.29B
YoY Change 13.55% 19.15%
SHAREHOLDERS EQUITY
Retained Earnings $83.10B
YoY Change
Common Stock $3.120B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $20.32B
YoY Change
Treasury Stock Shares 374.0M shares
Shareholders Equity $61.37B $59.86B
YoY Change
Total Liabilities & Shareholders Equity $116.2B $108.2B
YoY Change 7.44% 15.74%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $3.910B $3.476B
YoY Change 12.49% -23.2%
Depreciation, Depletion And Amortization $773.0M $755.0M
YoY Change 2.38% 2.86%
Cash From Operating Activities $2.795B $2.316B
YoY Change 20.68% -37.24%
INVESTING ACTIVITIES
Capital Expenditures $502.0M $436.0M
YoY Change 15.14% -209.82%
Acquisitions $0.00 $2.049B
YoY Change -100.0%
Other Investing Activities $2.000M $57.00M
YoY Change -96.49% -103.84%
Cash From Investing Activities $4.056B $1.440B
YoY Change 181.67% -176.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $67.00M $435.0M
YoY Change -84.6%
Debt Paid & Issued, Net $30.00M $3.000M
YoY Change 900.0%
Cash From Financing Activities -$1.183B -$825.0M
YoY Change 43.39% -78.41%
NET CHANGE
Cash From Operating Activities $2.795B $2.316B
Cash From Investing Activities $4.056B $1.440B
Cash From Financing Activities -$1.183B -$825.0M
Net Change In Cash $5.668B $2.931B
YoY Change 93.38% -245.53%
FREE CASH FLOW
Cash From Operating Activities $2.795B $2.316B
Capital Expenditures $502.0M $436.0M
Free Cash Flow $2.293B $1.880B
YoY Change 21.97% -54.0%

Facts In Submission

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