2010 Q4 Form 10-Q Financial Statement
#000095012311007913 Filed on February 01, 2011
Income Statement
| Concept | 2010 Q4 | 2009 Q4 |
|---|---|---|
| Revenue | $28.25B | $28.27B |
| YoY Change | -0.09% | 4.21% |
| Cost Of Revenue | $26.79B | $26.82B |
| YoY Change | -0.12% | 3.99% |
| Gross Profit | $1.461B | $1.455B |
| YoY Change | 0.41% | 8.34% |
| Gross Profit Margin | 5.17% | 5.15% |
| Selling, General & Admin | ||
| YoY Change | ||
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $114.0M | $126.0M |
| YoY Change | -9.52% | 12.5% |
| % of Gross Profit | 7.8% | 8.66% |
| Operating Expenses | $931.0M | $946.0M |
| YoY Change | -1.59% | 4.65% |
| Operating Profit | $530.0M | $509.0M |
| YoY Change | 4.13% | 15.95% |
| Interest Expense | -$53.00M | -$47.00M |
| YoY Change | 12.77% | 42.42% |
| % of Operating Profit | -10.0% | -9.23% |
| Other Income/Expense, Net | $7.000M | $25.00M |
| YoY Change | -72.0% | 47.06% |
| Pretax Income | $261.0M | $487.0M |
| YoY Change | -46.41% | -795.71% |
| Income Tax | $106.0M | $161.0M |
| % Of Pretax Income | 40.61% | 33.06% |
| Net Earnings | $155.0M | $326.0M |
| YoY Change | -52.45% | -1730.0% |
| Net Earnings / Revenue | 0.55% | 1.15% |
| Basic Earnings Per Share | $0.61 | $1.21 |
| Diluted Earnings Per Share | $0.60 | $1.19 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 254.0M shares | 269.0M shares |
| Diluted Shares Outstanding | 258.0M shares | 274.0M shares |
Balance Sheet
| Concept | 2010 Q4 | 2009 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.213B | $3.428B |
| YoY Change | -6.27% | 191.74% |
| Cash & Equivalents | $3.213B | $3.428B |
| Short-Term Investments | ||
| Other Short-Term Assets | $286.0M | $265.0M |
| YoY Change | 7.92% | 23.83% |
| Inventory | $9.547B | $8.842B |
| Prepaid Expenses | ||
| Receivables | $8.647B | $8.319B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $21.69B | $20.85B |
| YoY Change | 4.02% | 13.51% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $934.0M | $835.0M |
| YoY Change | 11.86% | 5.96% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.699B | $1.475B |
| YoY Change | 15.19% | -16.48% |
| Total Long-Term Assets | $8.703B | $6.685B |
| YoY Change | 30.19% | -3.54% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $21.69B | $20.85B |
| Total Long-Term Assets | $8.703B | $6.685B |
| Total Assets | $30.40B | $27.54B |
| YoY Change | 10.37% | 8.84% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $13.58B | $13.02B |
| YoY Change | 4.3% | 5.64% |
| Accrued Expenses | $1.890B | $2.430B |
| YoY Change | -22.22% | -0.41% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $1.757B | $217.0M |
| YoY Change | 709.68% | |
| Total Short-Term Liabilities | $19.69B | $16.92B |
| YoY Change | 16.36% | 5.36% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.305B | $2.294B |
| YoY Change | 0.48% | 27.8% |
| Other Long-Term Liabilities | $1.326B | $1.204B |
| YoY Change | 10.13% | -6.38% |
| Total Long-Term Liabilities | $3.631B | $3.498B |
| YoY Change | 3.8% | 13.53% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $19.69B | $16.92B |
| Total Long-Term Liabilities | $3.631B | $3.498B |
| Total Liabilities | $23.32B | $20.42B |
| YoY Change | 14.2% | 6.68% |
| 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 | $7.080B | $7.123B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $30.40B | $27.54B |
| YoY Change | 10.37% | 8.84% |
Cashflow Statement
| Concept | 2010 Q4 | 2009 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $155.0M | $326.0M |
| YoY Change | -52.45% | -1730.0% |
| Depreciation, Depletion And Amortization | $114.0M | $126.0M |
| YoY Change | -9.52% | 12.5% |
| Cash From Operating Activities | $540.0M | $192.0M |
| YoY Change | 181.25% | 3.23% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$86.00M | -$82.00M |
| YoY Change | 4.88% | -30.51% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$285.0M | $71.00M |
| YoY Change | -501.41% | 82.05% |
| Cash From Investing Activities | -$371.0M | -$11.00M |
| YoY Change | 3272.73% | -86.08% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -20.00M | 30.00M |
| YoY Change | -166.67% | -250.0% |
| NET CHANGE | ||
| Cash From Operating Activities | 540.0M | 192.0M |
| Cash From Investing Activities | -371.0M | -11.00M |
| Cash From Financing Activities | -20.00M | 30.00M |
| Net Change In Cash | 149.0M | 211.0M |
| YoY Change | -29.38% | 142.53% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $540.0M | $192.0M |
| Capital Expenditures | -$86.00M | -$82.00M |
| Free Cash Flow | $626.0M | $274.0M |
| YoY Change | 128.47% | -9.87% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
3.41 | ||
| CY2010Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
254000000 | shares |
| CY2009Q4 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.21 | |
| us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
2.73 | ||
| CY2010Q4 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.61 | |
| us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
3.36 | ||
| mck |
Performance Based Restricted Stock Expense
PerformanceBasedRestrictedStockExpense
|
25000000 | USD | |
| CY2009Q4 | mck |
Performance Based Restricted Stock Expense
PerformanceBasedRestrictedStockExpense
|
12000000 | USD |
| mck |
Performance Based Restricted Stock Expense
PerformanceBasedRestrictedStockExpense
|
15000000 | USD | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.41 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.01 | ||
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.61 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.36 | ||
| CY2009Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.19 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.96 | ||
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.60 | |
| us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
30000000 | USD | |
| CY2009Q4 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
11000000 | USD |
| us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
35000000 | USD | |
| CY2010Q4 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
12000000 | USD |
| CY2009Q4 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.19 | |
| us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
2.69 | ||
| CY2010Q4 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.60 | |
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.28 | ||
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.27 | ||
| us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
37000000 | USD | |
| CY2009Q4 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
11000000 | USD |
| us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
61000000 | USD | |
| CY2010Q4 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
18000000 | USD |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
272000000 | shares | |
| CY2009Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
274000000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
264000000 | shares | |
| CY2010Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
258000000 | shares |
