2013 Q1 Form 10-Q Financial Statement

#000020040613000057 Filed on May 03, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q2
Revenue $17.51B $16.14B
YoY Change 7.69% -0.21%
Cost Of Revenue $5.554B $4.915B
YoY Change 2.38% 2.87%
Gross Profit $11.95B $11.22B
YoY Change 9.47% -1.5%
Gross Profit Margin 68.27% 69.55%
Selling, General & Admin $5.223B $5.015B
YoY Change -4.31% -0.81%
% of Gross Profit 43.7% 44.68%
Research & Development $1.784B $1.645B
YoY Change -17.22% -5.35%
% of Gross Profit 14.93% 14.66%
Depreciation & Amortization $1.036B $773.0M
YoY Change 22.89% 2.38%
% of Gross Profit 8.67% 6.89%
Operating Expenses $7.007B $6.660B
YoY Change -33.27% -1.97%
Operating Profit $4.482B $5.130B
YoY Change 977.4% 8.55%
Interest Expense $125.0M $147.0M
YoY Change -185.62% 17.6%
% of Operating Profit 2.79% 2.87%
Other Income/Expense, Net -$515.0M $611.0M
YoY Change 4600.0%
Pretax Income $4.261B $5.045B
YoY Change 1239.94% 11.86%
Income Tax $764.0M $1.135B
% Of Pretax Income 17.93% 22.5%
Net Earnings $3.497B $3.910B
YoY Change 1504.13% 12.49%
Net Earnings / Revenue 19.98% 24.23%
Basic Earnings Per Share $1.25 $1.43
Diluted Earnings Per Share $1.22 $1.41
COMMON SHARES
Basic Shares Outstanding 2.790B shares 2.737B shares
Diluted Shares Outstanding 2.859B shares 2.775B shares

Balance Sheet

Concept 2013 Q1 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.67B $33.85B
YoY Change -32.84% 25.98%
Cash & Equivalents $14.86B $30.27B
Short-Term Investments $6.813B $3.580B
Other Short-Term Assets $6.354B $5.378B
YoY Change 22.45% 1.61%
Inventory $7.691B $6.800B
Prepaid Expenses
Receivables $11.52B $10.98B
Other Receivables $0.00 $0.00
Total Short-Term Assets $47.23B $57.01B
YoY Change -13.05% 15.82%
LONG-TERM ASSETS
Property, Plant & Equipment $15.72B $14.82B
YoY Change 6.66% -1.72%
Goodwill $22.35B $16.34B
YoY Change 38.49%
Intangibles $28.01B $18.16B
YoY Change 54.42%
Long-Term Investments
YoY Change
Other Assets $3.723B $3.956B
YoY Change -1.33% -56.2%
Total Long-Term Assets $74.31B $59.19B
YoY Change 25.25% 0.44%
TOTAL ASSETS
Total Short-Term Assets $47.23B $57.01B
Total Long-Term Assets $74.31B $59.19B
Total Assets $121.5B $116.2B
YoY Change 6.94% 7.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.372B $5.085B
YoY Change -6.17% -10.81%
Accrued Expenses $6.904B $4.369B
YoY Change 49.83% -49.94%
Deferred Revenue
YoY Change
Short-Term Debt $4.529B $6.439B
YoY Change -31.98%
Long-Term Debt Due $4.529B $6.439B
YoY Change -31.98% -24.91%
Total Short-Term Liabilities $22.52B $21.20B
YoY Change -1.26% -11.72%
LONG-TERM LIABILITIES
Long-Term Debt $11.36B $13.01B
YoY Change -12.38% 40.57%
Other Long-Term Liabilities $8.197B $10.54B
YoY Change -22.9% -19.72%
Total Long-Term Liabilities $19.56B $23.55B
YoY Change -17.12% 5.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.52B $21.20B
Total Long-Term Liabilities $19.56B $23.55B
Total Liabilities $54.68B $54.83B
YoY Change -3.33% 13.55%
SHAREHOLDERS EQUITY
Retained Earnings $87.24B $83.10B
YoY Change 7.37%
Common Stock $3.120B $3.120B
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.82B $20.32B
YoY Change -22.35%
Treasury Stock Shares 316.7M shares 374.0M shares
Shareholders Equity $66.86B $61.37B
YoY Change
Total Liabilities & Shareholders Equity $121.5B $116.2B
YoY Change 6.94% 7.44%

Cashflow Statement

Concept 2013 Q1 2012 Q2
OPERATING ACTIVITIES
Net Income $3.497B $3.910B
YoY Change 1504.13% 12.49%
Depreciation, Depletion And Amortization $1.036B $773.0M
YoY Change 22.89% 2.38%
Cash From Operating Activities $2.277B $2.795B
YoY Change -34.02% 20.68%
INVESTING ACTIVITIES
Capital Expenditures $586.0M $502.0M
YoY Change -151.95% 15.14%
Acquisitions $168.0M $0.00
YoY Change -100.0%
Other Investing Activities $4.000M $2.000M
YoY Change -99.95% -96.49%
Cash From Investing Activities -$1.403B $4.056B
YoY Change -122.49% 181.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $67.00M
YoY Change -84.6%
Debt Paid & Issued, Net $1.000M $30.00M
YoY Change 900.0%
Cash From Financing Activities -$777.0M -$1.183B
YoY Change 2.78% 43.39%
NET CHANGE
Cash From Operating Activities $2.277B $2.795B
Cash From Investing Activities -$1.403B $4.056B
Cash From Financing Activities -$777.0M -$1.183B
Net Change In Cash $97.00M $5.668B
YoY Change -98.91% 93.38%
FREE CASH FLOW
Cash From Operating Activities $2.277B $2.795B
Capital Expenditures $586.0M $502.0M
Free Cash Flow $1.691B $2.293B
YoY Change -63.07% 21.97%

Facts In Submission

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