2024 Q4 Form 10-Q Financial Statement

#000151029524000079 Filed on November 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $35.11B
YoY Change -14.2%
Cost Of Revenue $32.14B
YoY Change -7.97%
Gross Profit $2.963B
YoY Change -50.53%
Gross Profit Margin 8.44%
Selling, General & Admin $815.0M
YoY Change -1.09%
% of Gross Profit 27.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $846.0M
YoY Change 0.12%
% of Gross Profit 28.55%
Operating Expenses $815.0M
YoY Change -1.09%
Operating Profit $1.349B
YoY Change -71.62%
Interest Expense -$215.0M
YoY Change 55.8%
% of Operating Profit -15.94%
Other Income/Expense, Net -$6.000M
YoY Change -130.0%
Pretax Income $1.128B
YoY Change -75.66%
Income Tax $113.0M
% Of Pretax Income 10.02%
Net Earnings $622.0M
YoY Change -81.04%
Net Earnings / Revenue 1.77%
Basic Earnings Per Share $1.88
Diluted Earnings Per Share $1.87
COMMON SHARES
Basic Shares Outstanding 321.4M shares 334.7M shares
Diluted Shares Outstanding 332.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.143B
YoY Change -60.61%
Cash & Equivalents $4.002B
Short-Term Investments $1.141B
Other Short-Term Assets $740.0M
YoY Change 21.91%
Inventory $9.886B
Prepaid Expenses
Receivables $10.18B
Other Receivables $0.00
Total Short-Term Assets $25.95B
YoY Change -28.47%
LONG-TERM ASSETS
Property, Plant & Equipment $35.73B
YoY Change -0.74%
Goodwill $8.244B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $6.976B
YoY Change 6.98%
Other Assets $2.930B
YoY Change 0.03%
Total Long-Term Assets $53.88B
YoY Change 0.35%
TOTAL ASSETS
Total Short-Term Assets $25.95B
Total Long-Term Assets $53.88B
Total Assets $79.83B
YoY Change -11.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.76B
YoY Change -19.42%
Accrued Expenses $1.742B
YoY Change 2.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $4.167B
YoY Change 408.79%
Total Short-Term Liabilities $21.07B
YoY Change -3.07%
LONG-TERM LIABILITIES
Long-Term Debt $24.05B
YoY Change -9.11%
Other Long-Term Liabilities $3.234B
YoY Change 2.34%
Total Long-Term Liabilities $27.29B
YoY Change -7.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.07B
Total Long-Term Liabilities $27.29B
Total Liabilities $54.12B
YoY Change -5.33%
SHAREHOLDERS EQUITY
Retained Earnings $36.77B
YoY Change 10.01%
Common Stock $33.64B
YoY Change 0.61%
Preferred Stock
YoY Change
Treasury Stock (at cost) $51.32B
YoY Change 25.33%
Treasury Stock Shares
Shareholders Equity $18.93B
YoY Change
Total Liabilities & Shareholders Equity $79.83B
YoY Change -11.27%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $622.0M
YoY Change -81.04%
Depreciation, Depletion And Amortization $846.0M
YoY Change 0.12%
Cash From Operating Activities $1.684B
YoY Change -66.0%
INVESTING ACTIVITIES
Capital Expenditures $651.0M
YoY Change 55.0%
Acquisitions
YoY Change
Other Investing Activities $2.685B
YoY Change -18000.0%
Cash From Investing Activities $2.034B
YoY Change -567.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.157B
YoY Change 21.87%
NET CHANGE
Cash From Operating Activities 1.684B
Cash From Investing Activities 2.034B
Cash From Financing Activities -4.157B
Net Change In Cash -439.0M
YoY Change -139.66%
FREE CASH FLOW
Cash From Operating Activities $1.684B
Capital Expenditures $651.0M
Free Cash Flow $1.033B
YoY Change -77.21%

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dei Trading Symbol
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<div style="margin-bottom:9pt;margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These interim consolidated financial statements are unaudited; however, in the opinion of our management, these statements reflect all adjustments necessary for a fair statement of the results for the periods reported. All such adjustments are of a normal, recurring nature unless otherwise disclosed. These interim consolidated financial statements, including the notes, have been prepared in accordance with the rules of the SEC applicable to interim period financial statements and do not include all of the information and disclosures required by GAAP for complete financial statements. Certain information and disclosures derived from our audited annual financial statements, prepared in accordance with GAAP, have been condensed or omitted from these interim financial statements.</span></div>
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
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Files In Submission

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