2020 Q2 Form 10-Q Financial Statement

#000114139120000165 Filed on July 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $3.335B $4.113B
YoY Change -18.92% 12.22%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.442B $1.566B
YoY Change -7.92% 4.12%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $145.0M $122.0M
YoY Change 18.85% 6.09%
% of Gross Profit
Operating Expenses $1.628B $1.716B
YoY Change -5.13% -0.75%
Operating Profit $1.707B $2.397B
YoY Change -28.79% 23.81%
Interest Expense $101.0M $51.00M
YoY Change 98.04% 6.25%
% of Operating Profit 5.92% 2.13%
Other Income/Expense, Net -$17.00M $122.0M
YoY Change -113.93% -971.43%
Pretax Income $1.690B $2.519B
YoY Change -32.91% 31.06%
Income Tax $270.0M $471.0M
% Of Pretax Income 15.98% 18.7%
Net Earnings $1.420B $2.048B
YoY Change -30.66% 30.53%
Net Earnings / Revenue 42.58% 49.79%
Basic Earnings Per Share $1.41 $2.01
Diluted Earnings Per Share $1.41 $2.00
COMMON SHARES
Basic Shares Outstanding 1.004B shares 1.020B shares
Diluted Shares Outstanding 1.008B shares 1.025B shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.49B $6.500B
YoY Change 76.83% -16.07%
Cash & Equivalents $11.14B $5.691B
Short-Term Investments $357.0M $809.0M
Other Short-Term Assets $761.0M $694.0M
YoY Change 9.65% 34.24%
Inventory
Prepaid Expenses
Receivables $2.147B $2.607B
Other Receivables $0.00 $0.00
Total Short-Term Assets $19.38B $14.17B
YoY Change 36.82% -0.98%
LONG-TERM ASSETS
Property, Plant & Equipment $1.872B $1.348B
YoY Change 38.87% 56.74%
Goodwill $4.081B $3.524B
YoY Change 15.81% 18.49%
Intangibles $1.480B $1.232B
YoY Change 20.13% 18.12%
Long-Term Investments $958.0M $115.0M
YoY Change 733.04% -57.09%
Other Assets $4.740B $3.984B
YoY Change 18.98% 37.66%
Total Long-Term Assets $12.75B $10.57B
YoY Change 20.63% 29.39%
TOTAL ASSETS
Total Short-Term Assets $19.38B $14.17B
Total Long-Term Assets $12.75B $10.57B
Total Assets $32.13B $24.73B
YoY Change 29.91% 10.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $369.0M $432.0M
YoY Change -14.58% 25.22%
Accrued Expenses $4.530B $4.752B
YoY Change -4.67% 7.56%
Deferred Revenue $1.548B
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $9.923B $9.497B
YoY Change 4.49% 0.44%
LONG-TERM LIABILITIES
Long-Term Debt $12.50B $7.806B
YoY Change 60.11% 33.25%
Other Long-Term Liabilities $3.075B $2.224B
YoY Change 38.26% 27.09%
Total Long-Term Liabilities $15.57B $10.03B
YoY Change 55.26% 31.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.923B $9.497B
Total Long-Term Liabilities $15.57B $10.03B
Total Liabilities $25.58B $19.62B
YoY Change 30.36% 14.61%
SHAREHOLDERS EQUITY
Retained Earnings $36.29B $30.52B
YoY Change 18.91% 21.65%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $33.60B $29.45B
YoY Change 14.09% 24.54%
Treasury Stock Shares 399.0M shares 385.0M shares
Shareholders Equity $6.470B $5.008B
YoY Change
Total Liabilities & Shareholders Equity $32.13B $24.73B
YoY Change 29.91% 10.06%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $1.420B $2.048B
YoY Change -30.66% 30.53%
Depreciation, Depletion And Amortization $145.0M $122.0M
YoY Change 18.85% 6.09%
Cash From Operating Activities $1.458B $1.536B
YoY Change -5.08% 3.16%
INVESTING ACTIVITIES
Capital Expenditures -$183.0M -$182.0M
YoY Change 0.55% 45.6%
Acquisitions
YoY Change
Other Investing Activities $64.00M -$585.0M
YoY Change -110.94% 135.89%
Cash From Investing Activities -$119.0M -$767.0M
YoY Change -84.49% 105.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -409.0M -937.0M
YoY Change -56.35% -46.49%
NET CHANGE
Cash From Operating Activities 1.458B 1.536B
Cash From Investing Activities -119.0M -767.0M
Cash From Financing Activities -409.0M -937.0M
Net Change In Cash 930.0M -168.0M
YoY Change -653.57% -73.54%
FREE CASH FLOW
Cash From Operating Activities $1.458B $1.536B
Capital Expenditures -$183.0M -$182.0M
Free Cash Flow $1.641B $1.718B
YoY Change -4.48% 6.44%

Facts In Submission

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ma Loss Contingency Unsolicited Advertisements
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CY2019Q4 ma Travelers Cheques Outstanding Notional Value
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CY2020Q2 ma Travelers Cheques Covered By Collateral Arrangements
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CY2019Q4 ma Travelers Cheques Covered By Collateral Arrangements
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us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
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93000000 USD

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