2024 Q1 Form 10-Q Financial Statement

#000006674024000053 Filed on April 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q1
Revenue $8.003B
YoY Change -0.35%
Cost Of Revenue $4.327B
YoY Change -6.2%
Gross Profit $3.676B
YoY Change 7.55%
Gross Profit Margin 45.93%
Selling, General & Admin $1.644B
YoY Change -3.58%
% of Gross Profit 44.72%
Research & Development $427.0M
YoY Change -9.53%
% of Gross Profit 11.62%
Depreciation & Amortization $430.0M
YoY Change -7.73%
% of Gross Profit 11.7%
Operating Expenses $2.071B
YoY Change 21.47%
Operating Profit $1.605B
YoY Change 29.33%
Interest Expense -$275.0M
YoY Change -323.58%
% of Operating Profit -17.13%
Other Income/Expense, Net $11.00M
YoY Change -121.15%
Pretax Income $1.237B
YoY Change 4.04%
Income Tax $305.0M
% Of Pretax Income 24.66%
Net Earnings $928.0M
YoY Change -4.92%
Net Earnings / Revenue 11.6%
Basic Earnings Per Share $1.67
Diluted Earnings Per Share $1.67
COMMON SHARES
Basic Shares Outstanding 552.7M shares
Diluted Shares Outstanding 555.9M shares

Balance Sheet

Concept 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.97B
YoY Change 176.42%
Cash & Equivalents $10.91B
Short-Term Investments $60.00M
Other Short-Term Assets $995.0M
YoY Change 102.24%
Inventory $4.897B
Prepaid Expenses $655.0M
Receivables $4.750B
Other Receivables $0.00
Total Short-Term Assets $21.61B
YoY Change 44.44%
LONG-TERM ASSETS
Property, Plant & Equipment $9.816B
YoY Change 6.15%
Goodwill $12.81B
YoY Change -0.36%
Intangibles $4.105B
YoY Change -10.47%
Long-Term Investments
YoY Change
Other Assets $6.900B
YoY Change 58.51%
Total Long-Term Assets $33.63B
YoY Change 5.35%
TOTAL ASSETS
Total Short-Term Assets $21.61B
Total Long-Term Assets $33.63B
Total Assets $55.24B
YoY Change 17.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.372B
YoY Change 7.73%
Accrued Expenses $834.0M
YoY Change -3.81%
Deferred Revenue $565.0M
YoY Change 8.65%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $820.0M
YoY Change -72.78%
Total Short-Term Liabilities $13.16B
YoY Change 24.63%
LONG-TERM LIABILITIES
Long-Term Debt $20.59B
YoY Change 59.04%
Other Long-Term Liabilities $16.56B
YoY Change 203.98%
Total Long-Term Liabilities $37.15B
YoY Change 101.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.16B
Total Long-Term Liabilities $37.15B
Total Liabilities $50.38B
YoY Change 59.75%
SHAREHOLDERS EQUITY
Retained Earnings $37.47B
YoY Change -21.88%
Common Stock $6.982B
YoY Change 2.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.866B
YoY Change
Total Liabilities & Shareholders Equity $55.24B
YoY Change 17.82%

Cashflow Statement

Concept 2024 Q1
OPERATING ACTIVITIES
Net Income $928.0M
YoY Change -4.92%
Depreciation, Depletion And Amortization $430.0M
YoY Change -7.73%
Cash From Operating Activities $767.0M
YoY Change -39.84%
INVESTING ACTIVITIES
Capital Expenditures $375.0M
YoY Change -21.05%
Acquisitions
YoY Change
Other Investing Activities -$18.00M
YoY Change -120.22%
Cash From Investing Activities -$393.0M
YoY Change 1.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.621B
YoY Change -745.39%
NET CHANGE
Cash From Operating Activities 767.0M
Cash From Investing Activities -393.0M
Cash From Financing Activities 4.621B
Net Change In Cash 4.995B
YoY Change 2855.62%
FREE CASH FLOW
Cash From Operating Activities $767.0M
Capital Expenditures $375.0M
Free Cash Flow $392.0M
YoY Change -51.0%

Facts In Submission

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