2013 Q2 Form 10-Q Financial Statement

#000076418013000036 Filed on April 25, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $6.305B $5.528B $5.647B
YoY Change -2.81% -2.11% 0.07%
Cost Of Revenue $1.972B $1.299B $1.792B
YoY Change -5.47% -27.51% -48.73%
Gross Profit $2.554B $2.674B $2.202B
YoY Change 2.41% 21.44% 2.51%
Gross Profit Margin 40.51% 48.37% 38.99%
Selling, General & Admin $552.0M $522.0M $530.0M
YoY Change -7.38% -1.51% -11.81%
% of Gross Profit 21.61% 19.52% 24.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $52.00M $54.00M $56.00M
YoY Change -8.77% -3.57% -6.67%
% of Gross Profit 2.04% 2.02% 2.54%
Operating Expenses $552.0M $522.0M $535.0M
YoY Change -8.15% -2.43% -11.86%
Operating Profit $2.001B $2.152B $1.642B
YoY Change 6.61% 31.06% 6.55%
Interest Expense -$37.00M -$5.000M $227.0M
YoY Change -47.14% -102.2% -355.06%
% of Operating Profit -1.85% -0.23% 13.82%
Other Income/Expense, Net
YoY Change
Pretax Income $1.964B $2.147B $1.869B
YoY Change 8.69% 14.87% 28.9%
Income Tax $698.0M $762.0M $674.0M
% Of Pretax Income 35.54% 35.49% 36.06%
Net Earnings $1.266B $1.385B $1.195B
YoY Change 3.35% 15.9% 27.4%
Net Earnings / Revenue 20.08% 25.05% 21.16%
Basic Earnings Per Share $0.59
Diluted Earnings Per Share $632.4K $691.5K $0.59
COMMON SHARES
Basic Shares Outstanding 2.009B shares 2.010B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.571B $3.775B $4.156B
YoY Change 68.26% -9.17% 21.1%
Cash & Equivalents $2.571B $3.775B $4.156B
Short-Term Investments
Other Short-Term Assets $257.0M $197.0M $1.663B
YoY Change -45.09% -88.15% 0.12%
Inventory $1.701B $1.816B $1.830B
Prepaid Expenses
Receivables $114.0M $112.0M $244.0M
Other Receivables $1.217B $1.216B $0.00
Total Short-Term Assets $5.860B $7.116B $7.893B
YoY Change 13.94% -9.84% 12.95%
LONG-TERM ASSETS
Property, Plant & Equipment $2.040B $2.068B $2.165B
YoY Change -4.27% -4.48% -7.44%
Goodwill $5.174B $5.174B
YoY Change 0.0%
Intangibles $12.07B $12.07B
YoY Change -0.17%
Long-Term Investments $6.502B $6.749B $9.212B
YoY Change 0.25% -26.74% -9.08%
Other Assets $451.0M $441.0M $1.278B
YoY Change -4.45% -65.49% -30.51%
Total Long-Term Assets $28.58B $28.89B $29.92B
YoY Change -2.8% -3.45% -5.3%
TOTAL ASSETS
Total Short-Term Assets $5.860B $7.116B $7.893B
Total Long-Term Assets $28.58B $28.89B $29.92B
Total Assets $34.44B $36.01B $37.82B
YoY Change -0.31% -4.78% -1.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $275.0M $259.0M $328.0M
YoY Change -17.91% -21.04% 16.31%
Accrued Expenses $3.926B $5.769B $6.705B
YoY Change -8.91% -13.96% 3.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.984B $1.984B $600.0M
YoY Change 230.67% 230.67%
Total Short-Term Liabilities $7.070B $9.498B $8.781B
YoY Change 16.26% 8.17% 11.38%
LONG-TERM LIABILITIES
Long-Term Debt $12.89B $11.89B $13.09B
YoY Change -1.52% -9.13% 7.34%
Other Long-Term Liabilities $530.0M $528.0M $4.763B
YoY Change -12.54% -88.91% 5.7%
Total Long-Term Liabilities $13.42B $12.42B $17.85B
YoY Change -2.01% -30.42% 6.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.070B $9.498B $8.781B
Total Long-Term Liabilities $13.42B $12.42B $17.85B
Total Liabilities $30.84B $32.40B $34.11B
YoY Change 1.99% -5.02% 2.97%
SHAREHOLDERS EQUITY
Retained Earnings $25.20B $24.82B
YoY Change 3.56%
Common Stock $6.605B $6.591B
YoY Change 0.35%
Preferred Stock
YoY Change
Treasury Stock (at cost) $25.91B $25.77B
YoY Change 3.77%
Treasury Stock Shares 801.2M shares 797.3M shares
Shareholders Equity $3.565B $3.569B $3.701B
YoY Change
Total Liabilities & Shareholders Equity $34.44B $36.01B $37.82B
YoY Change -0.31% -4.78% -1.99%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $1.266B $1.385B $1.195B
YoY Change 3.35% 15.9% 27.4%
Depreciation, Depletion And Amortization $52.00M $54.00M $56.00M
YoY Change -8.77% -3.57% -6.67%
Cash From Operating Activities -$1.223B $1.793B $1.837B
YoY Change -36.37% -2.4% -10.91%
INVESTING ACTIVITIES
Capital Expenditures -$26.00M $15.00M $16.00M
YoY Change 13.04% -6.25% -223.08%
Acquisitions
YoY Change
Other Investing Activities $77.00M $0.00 $303.0M
YoY Change -68.7% -100.0% 5960.0%
Cash From Investing Activities $51.00M $188.0M $287.0M
YoY Change -77.13% -34.49% -3687.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $91.00M $266.0M
YoY Change -65.79%
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -32.00M -$1.106B -$1.238B
YoY Change -96.56% -10.66% 32.26%
NET CHANGE
Cash From Operating Activities -1.223B $1.793B $1.837B
Cash From Investing Activities 51.00M $188.0M $287.0M
Cash From Financing Activities -32.00M -$1.106B -$1.238B
Net Change In Cash -1.204B $875.0M $886.0M
YoY Change -54.19% -1.24% -20.75%
FREE CASH FLOW
Cash From Operating Activities -$1.223B $1.793B $1.837B
Capital Expenditures -$26.00M $15.00M $16.00M
Free Cash Flow -$1.197B $1.778B $1.821B
YoY Change -36.97% -2.36% -12.24%

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Files In Submission

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a2013form10-q1.htm Edgar Link pending
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