2013 Q2 Form 10-Q Financial Statement
#000006066713000093 Filed on June 04, 2013
Income Statement
| Concept | 2013 Q2 | 2012 Q2 |
|---|---|---|
| Revenue | $13.09B | $13.15B |
| YoY Change | -0.49% | 7.94% |
| Cost Of Revenue | $8.533B | $8.589B |
| YoY Change | -0.65% | 9.19% |
| Gross Profit | $4.555B | $4.564B |
| YoY Change | -0.2% | 5.67% |
| Gross Profit Margin | 34.8% | 34.7% |
| Selling, General & Admin | $3.222B | $3.241B |
| YoY Change | -0.59% | 3.88% |
| % of Gross Profit | 70.74% | 71.01% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $376.0M | $396.0M |
| YoY Change | -5.05% | -0.25% |
| % of Gross Profit | 8.25% | 8.68% |
| Operating Expenses | $3.687B | $3.714B |
| YoY Change | -0.73% | 3.77% |
| Operating Profit | $868.0M | $850.0M |
| YoY Change | 2.12% | 14.86% |
| Interest Expense | $1.000M | -$103.0M |
| YoY Change | -100.97% | 17.05% |
| % of Operating Profit | 0.12% | -12.12% |
| Other Income/Expense, Net | -$114.0M | |
| YoY Change | ||
| Pretax Income | $868.0M | $850.0M |
| YoY Change | 2.12% | 14.86% |
| Income Tax | $328.0M | $323.0M |
| % Of Pretax Income | 37.79% | 38.0% |
| Net Earnings | $540.0M | $527.0M |
| YoY Change | 2.47% | 14.32% |
| Net Earnings / Revenue | 4.13% | 4.01% |
| Basic Earnings Per Share | $0.49 | $0.43 |
| Diluted Earnings Per Share | $0.49 | $0.43 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.088B shares | 1.206B shares |
| Diluted Shares Outstanding | 1.090B shares | 1.208B shares |
Balance Sheet
| Concept | 2013 Q2 | 2012 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.199B | $3.124B |
| YoY Change | -61.62% | 81.52% |
| Cash & Equivalents | $1.081B | $3.072B |
| Short-Term Investments | $118.0M | $52.00M |
| Other Short-Term Assets | $313.0M | $330.0M |
| YoY Change | -5.15% | 38.08% |
| Inventory | $10.27B | $9.786B |
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $12.01B | $13.63B |
| YoY Change | -11.84% | 13.82% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $21.26B | $21.82B |
| YoY Change | -2.58% | -1.08% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $272.0M | $418.0M |
| YoY Change | -34.93% | -55.91% |
| Other Assets | $1.188B | $1.049B |
| YoY Change | 13.25% | 63.4% |
| Total Long-Term Assets | $22.72B | $23.58B |
| YoY Change | -3.66% | -1.38% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $12.01B | $13.63B |
| Total Long-Term Assets | $22.72B | $23.58B |
| Total Assets | $34.73B | $37.21B |
| YoY Change | -6.66% | 3.69% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $7.041B | $6.977B |
| YoY Change | 0.92% | 4.23% |
| Accrued Expenses | $467.0M | $492.0M |
| YoY Change | -5.08% | -11.67% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $47.00M | $593.0M |
| YoY Change | -92.07% | 1460.53% |
| Total Short-Term Liabilities | $10.44B | $11.00B |
| YoY Change | -5.07% | 10.84% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $9.026B | $9.018B |
| YoY Change | 0.09% | 37.93% |
| Other Long-Term Liabilities | $857.0M | $863.0M |
| YoY Change | -0.7% | 5.5% |
| Total Long-Term Liabilities | $857.0M | $863.0M |
| YoY Change | -0.7% | 5.5% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $10.44B | $11.00B |
| Total Long-Term Liabilities | $857.0M | $863.0M |
| Total Liabilities | $21.48B | $22.01B |
| YoY Change | -2.39% | 19.43% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $12.62B | $14.56B |
| YoY Change | -13.32% | -12.91% |
| Common Stock | $38.00M | $0.00 |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $13.25B | $15.20B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $34.73B | $37.21B |
| YoY Change | -6.66% | 3.69% |
Cashflow Statement
| Concept | 2013 Q2 | 2012 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $540.0M | $527.0M |
| YoY Change | 2.47% | 14.32% |
| Depreciation, Depletion And Amortization | $376.0M | $396.0M |
| YoY Change | -5.05% | -0.25% |
| Cash From Operating Activities | $1.992B | $2.467B |
| YoY Change | -19.25% | 1.82% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $196.0M | $337.0M |
| YoY Change | -41.84% | 7.67% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $5.000M | $11.00M |
| YoY Change | -54.55% | -650.0% |
| Cash From Investing Activities | -$263.0M | -$470.0M |
| YoY Change | -44.04% | 14.36% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $1.046B | $1.789B |
| YoY Change | -41.53% | 73.52% |
| Debt Paid & Issued, Net | $11.00M | $10.00M |
| YoY Change | 10.0% | 11.11% |
| Cash From Financing Activities | -$1.190B | $60.00M |
| YoY Change | -2083.33% | -105.12% |
| NET CHANGE | ||
| Cash From Operating Activities | $1.992B | $2.467B |
| Cash From Investing Activities | -$263.0M | -$470.0M |
| Cash From Financing Activities | -$1.190B | $60.00M |
| Net Change In Cash | $539.0M | $2.057B |
| YoY Change | -73.8% | 144.59% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.992B | $2.467B |
| Capital Expenditures | $196.0M | $337.0M |
| Free Cash Flow | $1.796B | $2.130B |
| YoY Change | -15.68% | 0.95% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
6000000 | USD |
| CY2012Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
0 | USD |
| CY2012Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
6000000 | USD |
| CY2012Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
533000000 | USD |
| CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1090000000 | shares |
| CY2012Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1208000000 | shares |
| CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.43 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.49 | |
| CY2012Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
15852000000 | USD |
| CY2012Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
165000000 | USD |
| CY2013Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
8533000000 | USD |
| CY2013Q2 | low |
Adjustments To Retained Earnings Share Repurchase
AdjustmentsToRetainedEarningsShareRepurchase
|
972000000 | USD |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
0 | USD |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
0 | USD |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
| CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
540000000 | USD |
| CY2013Q2 | low |
Sales Revenue Net Percent
SalesRevenueNetPercent
|
1 | pure |
| CY2013Q2 | low |
Cost Of Goods And Services Sold Percent
CostOfGoodsAndServicesSoldPercent
|
0.652 | pure |
| CY2013Q2 | low |
Gross Profit Percent
GrossProfitPercent
|
0.348 | pure |
| CY2013Q2 | low |
Selling General And Administrative Expense Percent
SellingGeneralAndAdministrativeExpensePercent
|
0.2462 | pure |
| CY2013Q2 | low |
Depreciation Nonproduction Percent
DepreciationNonproductionPercent
|
0.0269 | pure |
| CY2012Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
8589000000 | USD |
| CY2013Q2 | us-gaap |
Gross Profit
GrossProfit
|
4555000000 | USD |
| CY2012Q2 | us-gaap |
Gross Profit
GrossProfit
|
4564000000 | USD |
| CY2012Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3241000000 | USD |
| CY2013Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3222000000 | USD |
| CY2013Q2 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
352000000 | USD |
| CY2012Q2 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
370000000 | USD |
| CY2012Q2 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-103000000 | USD |
| CY2013Q2 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-113000000 | USD |
| CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3687000000 | USD |
| CY2012Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3714000000 | USD |
| CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
850000000 | USD |
| CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
868000000 | USD |
| CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
328000000 | USD |
| CY2012Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
323000000 | USD |
| CY2012Q2 | us-gaap |
Profit Loss
ProfitLoss
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527000000 | USD |
| CY2013Q2 | us-gaap |
Profit Loss
ProfitLoss
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540000000 | USD |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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| CY2012Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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| CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | |
| CY2013Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
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| CY2012Q2 | low |
Adjustments To Retained Earnings Share Repurchase
AdjustmentsToRetainedEarningsShareRepurchase
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| CY2013Q2 | low |
Interest Expense Percent
InterestExpensePercent
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| CY2013Q2 | low |
Operating Expenses Percent
OperatingExpensesPercent
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Depreciation And Amortization
DepreciationAndAmortization
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| CY2013Q2 | low |
Deferred Income Tax Expense Benefit Excluding Share Based Payment Shortfall
DeferredIncomeTaxExpenseBenefitExcludingShareBasedPaymentShortfall
|
-26000000 | USD |
| CY2012Q2 | low |
Deferred Income Tax Expense Benefit Excluding Share Based Payment Shortfall
DeferredIncomeTaxExpenseBenefitExcludingShareBasedPaymentShortfall
|
-230000000 | USD |
| CY2012Q2 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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| CY2013Q2 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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-5000000 | USD |
| CY2013Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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| CY2012Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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| CY2012Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
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25000000 | USD |
| CY2013Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
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18000000 | USD |
| CY2013Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
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1674000000 | USD |
| CY2013Q2 | low |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments Percent
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsPercent
|
0.0663 | pure |
| CY2013Q2 | low |
Income Tax Expense Benefit Percent
IncomeTaxExpenseBenefitPercent
|
0.025 | pure |
| CY2013Q2 | low |
Profit Loss Percent
ProfitLossPercent
|
0.0413 | pure |
| CY2012Q2 | low |
Sales Revenue Net Percent
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|
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| CY2012Q2 | low |
Cost Of Goods And Services Sold Percent
CostOfGoodsAndServicesSoldPercent
|
0.653 | pure |
| CY2012Q2 | low |
Gross Profit Percent
GrossProfitPercent
|
0.347 | pure |
| CY2012Q2 | low |
Selling General And Administrative Expense Percent
SellingGeneralAndAdministrativeExpensePercent
|
0.2465 | pure |
| CY2012Q2 | low |
Depreciation Nonproduction Percent
DepreciationNonproductionPercent
|
0.0281 | pure |
| CY2012Q2 | low |
Interest Expense Percent
InterestExpensePercent
|
0.0078 | pure |
| CY2012Q2 | low |
Operating Expenses Percent
OperatingExpensesPercent
|
0.2824 | pure |
| CY2012Q2 | low |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments Percent
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| CY2012Q2 | low |
Income Tax Expense Benefit Percent
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|
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Profit Loss Percent
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|
0.0401 | pure |
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Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax Percent
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|
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| CY2012Q2 | low |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax Percent
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|
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| CY2012Q2 | low |
Other Comprehensive Income Loss Net Of Tax Percent
OtherComprehensiveIncomeLossNetOfTaxPercent
|
0.0005 | pure |
| CY2012Q2 | low |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest Percent
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestPercent
|
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| CY2013Q2 | low |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax Percent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTaxPercent
|
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| CY2013Q2 | low |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax Percent
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTaxPercent
|
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| CY2013Q2 | low |
Other Comprehensive Income Loss Net Of Tax Percent
OtherComprehensiveIncomeLossNetOfTaxPercent
|
0 | pure |
| CY2013Q2 | low |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest Percent
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestPercent
|
0.0413 | pure |
| CY2013Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.16 | |
| CY2012Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.14 | |
| CY2012Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
396000000 | USD |
| CY2012Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1432000000 | USD |
| CY2012Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
65000000 | USD |
| CY2013Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5000000 | USD |
| CY2013Q2 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
2381000000 | USD |
| CY2012Q2 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
2625000000 | USD |
| CY2012Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
587000000 | USD |
| CY2013Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
362000000 | USD |
| CY2013Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1992000000 | USD |
| CY2012Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2467000000 | USD |
| CY2012Q2 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
708000000 | USD |
| CY2013Q2 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
84000000 | USD |
| CY2013Q2 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
89000000 | USD |
| CY2012Q2 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
627000000 | USD |
| CY2012Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
337000000 | USD |
| CY2013Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
196000000 | USD |
| CY2012Q2 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
70000000 | USD |
| CY2012Q2 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
29000000 | USD |
| CY2013Q2 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
6000000 | USD |
| CY2013Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
5000000 | USD |
| CY2012Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
11000000 | USD |
| CY2012Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-470000000 | USD |
| CY2013Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-263000000 | USD |
| CY2013Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
| CY2012Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1984000000 | USD |
| CY2013Q2 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
40000000 | USD |
| CY2012Q2 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
53000000 | USD |
| CY2013Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
11000000 | USD |
| CY2012Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
10000000 | USD |
| CY2012Q2 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
174000000 | USD |
| CY2013Q2 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
178000000 | USD |
| CY2013Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1046000000 | USD |
| CY2012Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1789000000 | USD |
| CY2012Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-4000000 | USD |
| CY2013Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
5000000 | USD |
| CY2013Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1190000000 | USD |
| CY2012Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
60000000 | USD |
| CY2012Q2 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1000000 | USD |
| CY2013Q2 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1000000 | USD |
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
540000000 | USD |
| CY2012Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2058000000 | USD |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1014000000 | USD |
| CY2013Q2 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
73000000 | USD |
| CY2013Q2 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:11pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:bold;">1</font><font style="font-family:Times New Roman;font-size:11pt;font-weight:bold;">:</font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:bold;">Basis of Presentation</font><font style="font-family:Times New Roman;font-size:11pt;"> - The accompanying </font><font style="font-family:Times New Roman;font-size:11pt;">c</font><font style="font-family:Times New Roman;font-size:11pt;">onsolidated </font><font style="font-family:Times New Roman;font-size:11pt;">f</font><font style="font-family:Times New Roman;font-size:11pt;">inancial </font><font style="font-family:Times New Roman;font-size:11pt;">s</font><font style="font-family:Times New Roman;font-size:11pt;">tatements (</font><font style="font-family:Times New Roman;font-size:11pt;">u</font><font style="font-family:Times New Roman;font-size:11pt;">naudited)</font><font style="font-family:Times New Roman;font-size:11pt;"> and</font><font style="font-family:Times New Roman;font-size:11pt;"> notes </font><font style="font-family:Times New Roman;font-size:11pt;">to</font><font style="font-family:Times New Roman;font-size:11pt;"> the</font><font style="font-family:Times New Roman;font-size:11pt;"> consolidated financial statements </font><font style="font-family:Times New Roman;font-size:11pt;">(unaudited) </font><font style="font-family:Times New Roman;font-size:11pt;">are presented in accordance with the rules and regulations of the Securities and Exchange Commission and do not include all the disclosures normally required in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America</font><font style="font-family:Times New Roman;font-size:11pt;">. The consolidated financial statements (unaudited),</font><font style="font-family:Times New Roman;font-size:11pt;"> in the opinion of management, contain all adjustments necessary to present fairly the financial position as of </font><font style="font-family:Times New Roman;font-size:11pt;">May 3, 2013</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;">and </font><font style="font-family:Times New Roman;font-size:11pt;">May 4, 2012</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;">and </font><font style="font-family:Times New Roman;font-size:11pt;">the results of operations</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> comprehensive income</font><font style="font-family:Times New Roman;font-size:11pt;"> and cash flows</font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;">for the three</font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;">months ended </font><font style="font-family:Times New Roman;font-size:11pt;">May 3, 2013</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> and </font><font style="font-family:Times New Roman;font-size:11pt;">May 4, 2012</font><font style="font-family:Times New Roman;font-size:11pt;">.</font><font style="font-family:Times New Roman;font-size:11pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:11pt;margin-left:0px;">These interim </font><font style="font-family:Times New Roman;font-size:11pt;">consolidated f</font><font style="font-family:Times New Roman;font-size:11pt;">inancial </font><font style="font-family:Times New Roman;font-size:11pt;">s</font><font style="font-family:Times New Roman;font-size:11pt;">tatements</font><font style="font-family:Times New Roman;font-size:11pt;"> (unaudited)</font><font style="font-family:Times New Roman;font-size:11pt;"> should be read in conjunction with the audited </font><font style="font-family:Times New Roman;font-size:11pt;">consolidated </font><font style="font-family:Times New Roman;font-size:11pt;">financial statements and notes thereto included in t</font><font style="font-family:Times New Roman;font-size:11pt;">he Lowe's Companies, Inc. (the Company</font><font style="font-family:Times New Roman;font-size:11pt;">) Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:Times New Roman;font-size:11pt;">February 1, 2013</font><font style="font-family:Times New Roman;font-size:11pt;"> (the Annual Report</font><font style="font-family:Times New Roman;font-size:11pt;">). </font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;">The financial results for the interim periods may not be indicative of the financial results for the entire fiscal year. </font></p> | |
| CY2013Q2 | us-gaap |
Notes Payable
NotesPayable
|
8646000000 | USD |
| CY2013Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
10111000000 | USD |
| CY2012Q2 | us-gaap |
Notes Payable
NotesPayable
|
9194000000 | USD |
| CY2012Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
10364000000 | USD |
| CY2013Q2 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
116000000 | USD |
| CY2012Q2 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
109000000 | USD |
| CY2013Q1 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
123000000 | USD |
| CY2013Q1 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
263000000 | USD |
| CY2012Q2 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
292000000 | USD |
| CY2013Q2 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
265000000 | USD |
| CY2013Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
13200000000 | USD |
| CY2012Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
12700000000 | USD |
| CY2013Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
13400000000 | USD |
| CY2012Q1 | low |
Deferred Revenue From Sales Of Extended Warranty Contracts
DeferredRevenueFromSalesOfExtendedWarrantyContracts
|
704000000 | USD |
| CY2013Q2 | low |
Deferred Revenue Additions From Sales Of Extended Warranty Contracts
DeferredRevenueAdditionsFromSalesOfExtendedWarrantyContracts
|
70000000 | USD |
| CY2012Q2 | low |
Deferred Revenue Additions From Sales Of Extended Warranty Contracts
DeferredRevenueAdditionsFromSalesOfExtendedWarrantyContracts
|
66000000 | USD |
| CY2012Q2 | low |
Deferred Revenue Recognized From Sales Of Extended Warranty Contracts
DeferredRevenueRecognizedFromSalesOfExtendedWarrantyContracts
|
54000000 | USD |
| CY2013Q2 | low |
Deferred Revenue Recognized From Sales Of Extended Warranty Contracts
DeferredRevenueRecognizedFromSalesOfExtendedWarrantyContracts
|
68000000 | USD |
| CY2013Q2 | low |
Deferred Costs Associated With Extended Warranty Contracts
DeferredCostsAssociatedWithExtendedWarrantyContracts
|
83000000 | USD |
| CY2012Q2 | low |
Deferred Costs Associated With Extended Warranty Contracts
DeferredCostsAssociatedWithExtendedWarrantyContracts
|
133000000 | USD |
| CY2013Q1 | low |
Deferred Costs Associated With Extended Warranty Contracts
DeferredCostsAssociatedWithExtendedWarrantyContracts
|
95000000 | USD |
| CY2013Q1 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
20000000 | USD |
| CY2012Q1 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
21000000 | USD |
| CY2013Q2 | low |
Accrual For Claims Incurred
AccrualForClaimsIncurred
|
27000000 | USD |
| CY2012Q2 | low |
Accrual For Claims Incurred
AccrualForClaimsIncurred
|
17000000 | USD |
| CY2012Q2 | us-gaap |
Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
|
16000000 | USD |
| CY2013Q2 | us-gaap |
Extended Product Warranty Accrual Payments
ExtendedProductWarrantyAccrualPayments
|
27000000 | USD |
| CY2013Q2 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
20000000 | USD |
| CY2012Q2 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
22000000 | USD |
| CY2013Q1 | low |
Share Repurchase Program Authorized Amount
ShareRepurchaseProgramAuthorizedAmount
|
5000000000 | USD |
| CY2013Q2 | low |
Remaining Share Repurchases Authorization
RemainingShareRepurchasesAuthorization
|
4000000000 | USD |
| CY2013Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
1046000000 | USD |
| CY2012Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
1789000000 | USD |
| CY2012Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
59300000 | shares |
| CY2013Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
24400000 | shares |
| CY2013Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
64000000 | USD |
| CY2013Q2 | us-gaap |
Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
|
7000000 | USD |
| CY2012Q2 | low |
Profit Loss Allocable Participating Securities Basic
ProfitLossAllocableParticipatingSecuritiesBasic
|
3000000 | USD |
| CY2013Q2 | low |
Profit Loss Allocable Participating Securities Basic
ProfitLossAllocableParticipatingSecuritiesBasic
|
3000000 | USD |
| CY2013Q2 | low |
Profit Loss Allocable Common Share Basic
ProfitLossAllocableCommonShareBasic
|
537000000 | USD |
| CY2012Q2 | low |
Profit Loss Allocable Common Share Basic
ProfitLossAllocableCommonShareBasic
|
524000000 | USD |
| CY2012Q2 | low |
Profit Loss Allocable Participating Securities Diluted
ProfitLossAllocableParticipatingSecuritiesDiluted
|
3000000 | USD |
| CY2012Q2 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
3000000 | USD |
| CY2013Q2 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
1000000 | USD |
| CY2012Q2 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
2000000 | USD |
| CY2012Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1000000 | USD |
| CY2013Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1000000 | USD |
| CY2013Q2 | low |
Profit Loss Allocable Participating Securities Diluted
ProfitLossAllocableParticipatingSecuritiesDiluted
|
3000000 | USD |
| CY2013Q2 | low |
Profit Loss Allocable Common Share Diluted
ProfitLossAllocableCommonShareDiluted
|
537000000 | USD |
| CY2012Q2 | low |
Profit Loss Allocable Common Share Diluted
ProfitLossAllocableCommonShareDiluted
|
524000000 | USD |
| CY2013Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2000000 | shares |
| CY2012Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2000000 | shares |
| CY2013Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1500000 | shares |
| CY2012Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7900000 | shares |
| CY2013Q2 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
103000000 | USD |
| CY2013Q2 | us-gaap |
Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
|
9000000 | USD |
| CY2013Q2 | low |
Unrecognized Tax Benefits Interest On Income Taxes Expense Net
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpenseNet
|
0 | USD |
| CY2013Q2 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
3000000 | USD |
| CY2012Q2 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
97000000 | USD |
| CY2012Q2 | us-gaap |
Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
|
9000000 | USD |
| CY2012Q2 | low |
Unrecognized Tax Benefits Interest On Income Taxes Expense Net
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpenseNet
|
-3000000 | USD |
| CY2013Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
193000000 | USD |
| CY2013Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
137000000 | USD |
| CY2013Q2 | us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
10000000 | USD |
| CY2013Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
174000000 | USD |
| CY2012Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
177000000 | USD |
| CY2012Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
76000000 | USD |
| CY2012Q2 | us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
8000000 | USD |
| CY2012Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
165000000 | USD |
