2010 Q1 Form 10-K Financial Statement
#000104746910000905 Filed on February 16, 2010
Income Statement
Concept | 2010 Q1 | 2008 Q4 | 2008 |
---|---|---|---|
Revenue | $4.195B | $7.136B | $30.15B |
YoY Change | -6.19% | -26.02% | -17.68% |
Cost Of Revenue | $2.744B | $5.014B | $21.75B |
YoY Change | -16.06% | -29.44% | -18.44% |
Gross Profit | $1.451B | $2.122B | $8.395B |
YoY Change | 20.62% | -16.46% | -15.65% |
Gross Profit Margin | 34.59% | 29.74% | 27.85% |
Selling, General & Admin | $791.0M | $988.0M | $4.330B |
YoY Change | 1.15% | -22.39% | -14.96% |
% of Gross Profit | 54.51% | 46.56% | 51.58% |
Research & Development | $618.0M | $1.008B | $4.109B |
YoY Change | -11.08% | -8.11% | -7.23% |
% of Gross Profit | 42.59% | 47.5% | 48.95% |
Depreciation & Amortization | $62.00M | $831.0M | |
YoY Change | -71.95% | -7.97% | |
% of Gross Profit | 2.92% | 9.9% | |
Operating Expenses | $1.409B | $2.070B | $8.439B |
YoY Change | -4.6% | -19.11% | -11.36% |
Operating Profit | -$33.00M | $52.00M | -$2.391B |
YoY Change | -93.33% | -373.68% | 332.37% |
Interest Expense | -$92.00M | $99.00M | |
YoY Change | -276.92% | 45.59% | |
% of Operating Profit | -176.92% | ||
Other Income/Expense, Net | $236.0M | -$242.0M | |
YoY Change | -236.72% | ||
Pretax Income | -$9.000M | -$1.724B | -$2.633B |
YoY Change | -97.16% | -5324.24% | 600.27% |
Income Tax | $1.932B | $1.607B | |
% Of Pretax Income | |||
Net Earnings | $69.00M | -$3.657B | -$4.244B |
YoY Change | -129.87% | -3757.0% | 8561.22% |
Net Earnings / Revenue | 1.64% | -51.25% | -14.08% |
Basic Earnings Per Share | $0.21 | -$1.87 | |
Diluted Earnings Per Share | $0.21 | -$11.25M | -$1.87 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.313B shares | 2.265B shares | |
Diluted Shares Outstanding | 2.265B shares |
Balance Sheet
Concept | 2010 Q1 | 2008 Q4 | 2008 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.979B | $6.636B | |
YoY Change | -18.91% | -21.45% | |
Cash & Equivalents | $3.064B | $2.721B | |
Short-Term Investments | $3.915B | $3.915B | |
Other Short-Term Assets | $3.140B | $3.919B | |
YoY Change | -24.79% | -9.55% | |
Inventory | $2.659B | $2.659B | |
Prepaid Expenses | |||
Receivables | $3.493B | $3.493B | |
Other Receivables | $656.0M | $656.0M | |
Total Short-Term Assets | $17.36B | $17.36B | |
YoY Change | -21.87% | -21.87% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.442B | $2.442B | |
YoY Change | -1.53% | -1.53% | |
Goodwill | $2.837B | ||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $983.0M | $983.0M | |
YoY Change | 17.44% | 17.44% | |
Other Assets | $1.816B | $3.206B | |
YoY Change | -47.3% | -6.96% | |
Total Long-Term Assets | $10.51B | $10.51B | |
YoY Change | -16.55% | -16.55% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $17.36B | $17.36B | |
Total Long-Term Assets | $10.51B | $10.51B | |
Total Assets | $27.87B | $27.87B | |
YoY Change | -19.94% | -19.94% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.188B | $3.188B | |
YoY Change | -23.49% | -23.49% | |
Accrued Expenses | $7.340B | $3.564B | |
YoY Change | 95.21% | -5.21% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $92.00M | $92.00M | |
YoY Change | -72.29% | -72.29% | |
Total Short-Term Liabilities | $10.62B | $10.62B | |
YoY Change | -15.04% | -15.04% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.092B | $4.092B | |
YoY Change | 2.53% | 2.53% | |
Other Long-Term Liabilities | $3.562B | $3.562B | |
YoY Change | 83.51% | 23.94% | |
Total Long-Term Liabilities | $7.654B | $7.654B | |
YoY Change | 29.03% | 11.49% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.62B | $10.62B | |
Total Long-Term Liabilities | $7.654B | $7.654B | |
Total Liabilities | $18.27B | $18.36B | |
YoY Change | -5.63% | -5.18% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $3.878B | ||
YoY Change | |||
Common Stock | $6.831B | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $9.507B | $9.507B | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $27.87B | $27.87B | |
YoY Change | -19.94% | -19.94% |
Cashflow Statement
Concept | 2010 Q1 | 2008 Q4 | 2008 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $69.00M | -$3.657B | -$4.244B |
YoY Change | -129.87% | -3757.0% | 8561.22% |
Depreciation, Depletion And Amortization | $62.00M | $831.0M | |
YoY Change | -71.95% | -7.97% | |
Cash From Operating Activities | $240.0M | $242.0M | |
YoY Change | -48.94% | -69.17% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$21.00M | -$408.0M | |
YoY Change | -84.33% | -22.58% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$7.000M | $1.128B | |
YoY Change | -101.46% | -61.18% | |
Cash From Investing Activities | -$28.00M | $794.0M | |
YoY Change | -108.09% | -66.62% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $453.0M | ||
YoY Change | -3.21% | ||
Common Stock Issuance & Retirement, Net | -$7.000M | ||
YoY Change | -100.27% | ||
Debt Paid & Issued, Net | $225.0M | ||
YoY Change | -83.77% | ||
Cash From Financing Activities | 13.00M | -$645.0M | |
YoY Change | -103.32% | -80.46% | |
NET CHANGE | |||
Cash From Operating Activities | 240.0M | $242.0M | |
Cash From Investing Activities | -28.00M | $794.0M | |
Cash From Financing Activities | 13.00M | -$645.0M | |
Net Change In Cash | 225.0M | $391.0M | |
YoY Change | -46.93% | -385.4% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $240.0M | $242.0M | |
Capital Expenditures | -$21.00M | -$408.0M | |
Free Cash Flow | $261.0M | $650.0M | |
YoY Change | -56.79% | -50.46% |
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PaymentsForProceedsFromSigmaFundInvestmentsNet
|
-6889000000 | USD |
CY2007 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2379000000 | USD |
CY2008 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
50000000 | USD |
CY2007 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
242000000 | USD |
CY2008 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
225000000 | USD |
CY2007 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1386000000 | USD |
CY2008 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
7000000 | USD |
CY2007 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
1415000000 | USD |
CY2008 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
145000000 | USD |
CY2007 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
440000000 | USD |
CY2008 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
138000000 | USD |
CY2007 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3035000000 | USD |
CY2008 | us-gaap |
Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
|
-158000000 | USD |
CY2008 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
453000000 | USD |
CY2007 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
468000000 | USD |
CY2008 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
-90000000 | USD |
CY2007 | us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
-75000000 | USD |
CY2008 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
1000000 | USD |
CY2007 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
50000000 | USD |
CY2008 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-645000000 | USD |
CY2007 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3301000000 | USD |
CY2008 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-79000000 | USD |
CY2007 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
73000000 | USD |
CY2008 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
312000000 | USD |
CY2007 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-64000000 | USD |
CY2006Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2816000000 | USD |
CY2007Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2752000000 | USD |
CY2008 | us-gaap |
Interest Paid Net
InterestPaidNet
|
252000000 | USD |
CY2007 | us-gaap |
Interest Paid Net
InterestPaidNet
|
312000000 | USD |
CY2007 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
440000000 | USD |
CY2009 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
159000000 | USD |