2009 Form 10-K Financial Statement
#000119312512089406 Filed on February 29, 2012
Income Statement
| Concept | 2009 |
|---|---|
| Revenue | $2.954B |
| YoY Change | -444.85% |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | |
| YoY Change | |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $9.200M |
| YoY Change | -4.17% |
| % of Gross Profit | |
| Operating Expenses | $1.262B |
| YoY Change | -25.72% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | -$475.0M |
| YoY Change | -59.46% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $1.217B |
| YoY Change | -132.65% |
| Income Tax | $582.8M |
| % Of Pretax Income | 47.89% |
| Net Earnings | $634.1M |
| YoY Change | -123.73% |
| Net Earnings / Revenue | 21.47% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $3.046M |
| COMMON SHARES | |
| Basic Shares Outstanding | 208.2M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2009 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | |
| YoY Change | |
| Cash & Equivalents | $803.0M |
| Short-Term Investments | |
| Other Short-Term Assets | $358.0M |
| YoY Change | 64.98% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $2.821B |
| YoY Change | 274.63% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $77.00M |
| YoY Change | -26.67% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $17.09B |
| YoY Change | -17.2% |
| Other Assets | $717.0M |
| YoY Change | -69.8% |
| Total Long-Term Assets | $22.88B |
| YoY Change | -19.09% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $2.821B |
| Total Long-Term Assets | $22.88B |
| Total Assets | $25.70B |
| YoY Change | -11.47% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | |
| YoY Change | |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $18.00M |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $45.00M |
| YoY Change | 0.0% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $8.121B |
| YoY Change | -7.04% |
| Other Long-Term Liabilities | $7.651B |
| YoY Change | -43.05% |
| Total Long-Term Liabilities | $15.77B |
| YoY Change | -28.86% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $45.00M |
| Total Long-Term Liabilities | $15.77B |
| Total Liabilities | $23.09B |
| YoY Change | -17.54% |
| 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 | $2.607B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $25.70B |
| YoY Change | -11.47% |
Cashflow Statement
| Concept | 2009 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $634.1M |
| YoY Change | -123.73% |
| Depreciation, Depletion And Amortization | $9.200M |
| YoY Change | -4.17% |
| Cash From Operating Activities | -$2.192B |
| YoY Change | 1305.26% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$5.900M |
| YoY Change | -46.36% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $4.982B |
| YoY Change | -72.48% |
| Cash From Investing Activities | $4.977B |
| YoY Change | -72.49% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -4.261B |
| YoY Change | -73.23% |
| NET CHANGE | |
| Cash From Operating Activities | -2.192B |
| Cash From Investing Activities | 4.977B |
| Cash From Financing Activities | -4.261B |
| Net Change In Cash | -1.477B |
| YoY Change | -173.24% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$2.192B |
| Capital Expenditures | -$5.900M |
| Free Cash Flow | -$2.186B |
| YoY Change | 1407.79% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011 | us-gaap |
Available For Sale Securities Change In Net Unrealized Holding Gain Loss Net Of Tax
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax
|
258000000 | |
| CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
197019968 | |
| CY2009 | mbi |
Credit Losses Recognized In Retained Earnings Related To Adoption Of Accounting Principles
CreditLossesRecognizedInRetainedEarningsRelatedToAdoptionOfAccountingPrinciples
|
226000000 | |
| CY2010 | mbi |
Credit Losses Reversed Related To Consolidating Vies
CreditLossesReversedRelatedToConsolidatingVies
|
149000000 | |
| CY2011Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
191 | |
| CY2009 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
208156622 | |
| CY2010Q4 | mbi |
Cumulative Other Than Temporary Impairment Of Securities
CumulativeOtherThanTemporaryImpairmentOfSecurities
|
241000000 | |
| CY2011Q4 | mbi |
Cumulative Other Than Temporary Impairment Of Securities
CumulativeOtherThanTemporaryImpairmentOfSecurities
|
233000000 | |
| CY2010Q4 | mbi |
Derivative Assets Designated As Hedging Instrument Fair Value
DerivativeAssetsDesignatedAsHedgingInstrumentFairValue
|
16000000 | |
| CY2011Q4 | mbi |
Derivative Assets Designated As Hedging Instrument Fair Value
DerivativeAssetsDesignatedAsHedgingInstrumentFairValue
|
10000000 | |
| CY2010Q4 | mbi |
Derivative Assets Not Designated As Hedging Instrument Fair Value
DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue
|
753000000 | |
| CY2011Q4 | mbi |
Derivative Assets Not Designated As Hedging Instrument Fair Value
DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue
|
542000000 | |
| CY2010Q4 | mbi |
Derivative Liabilities Designated As Hedging Instrument Fair Value
DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue
|
43000000 | |
| CY2011Q4 | mbi |
Derivative Liabilities Designated As Hedging Instrument Fair Value
DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue
|
44000000 | |
| CY2010Q4 | mbi |
Derivative Liabilities Not Designated As Hedging Instrument Fair Value
DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue
|
6755000000 | |
| CY2011Q4 | mbi |
Derivative Liabilities Not Designated As Hedging Instrument Fair Value
DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue
|
6064000000 | |
| CY2010 | mbi |
Reductions For Credit Loss Impairments Previously Recognized On Securities Impaired To Fair Value During Period
ReductionsForCreditLossImpairmentsPreviouslyRecognizedOnSecuritiesImpairedToFairValueDuringPeriod
|
-4000000 | |
| CY2009 | mbi |
Weighted Average Assumption For Measurement Of Current Subordination Levels
WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels
|
0.0975 | |
| CY2010 | mbi |
Weighted Average Assumption For Measurement Of Current Subordination Levels
WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels
|
0.0450 | |
| CY2011 | mbi |
Weighted Average Assumption For Measurement Of Current Subordination Levels
WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels
|
0.0153 | |
| CY2009 | mbi |
Weighted Average Assumption For Measurement Of Expected Size Of Losses
WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses
|
0.3844 | |
| CY2010 | mbi |
Weighted Average Assumption For Measurement Of Expected Size Of Losses
WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses
|
0.5220 | |
| CY2011 | mbi |
Weighted Average Assumption For Measurement Of Expected Size Of Losses
WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses
|
0.5540 | |
| CY2009 | mbi |
Weighted Average Assumption For Measurement Of Prepayment Speed Annual Cpr
WeightedAverageAssumptionForMeasurementOfPrepaymentSpeedAnnualCpr
|
6.98 | |
| CY2010 | mbi |
Weighted Average Assumption For Measurement Of Prepayment Speed Annual Cpr
WeightedAverageAssumptionForMeasurementOfPrepaymentSpeedAnnualCpr
|
9.45 | |
| CY2011 | mbi |
Weighted Average Assumption For Measurement Of Prepayment Speed Annual Cpr
WeightedAverageAssumptionForMeasurementOfPrepaymentSpeedAnnualCpr
|
12.67 | |
| CY2010 | us-gaap |
Available For Sale Securities Change In Net Unrealized Holding Gain Loss Net Of Tax
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax
|
583000000 | |
| CY2010Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
769000000 | |
| CY2011Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
552000000 | |
| CY2010Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
6798000000 | |
| CY2011Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
6108000000 | |
| CY2011 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
|
9000000 | |
| CY2010 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
|
390000000 | |
| CY2011 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
|
447000000 | |
| CY2010 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
|
-562000000 | |
| CY2011 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
|
-391000000 | |
| CY2009 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-480000000 | |
| CY2010 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-1000000 | |
| CY2011 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
30000000 | |
| CY2011Q4 | us-gaap |
Reinsurance Recoverables
ReinsuranceRecoverables
|
16000000 | |
| CY2010Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
29949000000 | |
| CY2011Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
25488000000 | |
| CY2010Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
10853000000 | |
| CY2011Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
8984000000 | |
| CY2010Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
19096000000 | |
| CY2011Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
16504000000 | |
| CY2010Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
188 | |
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
202421433 | |
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
197019968 |
