2010 Q4 Form 10-K Financial Statement
#000119312511047592 Filed on February 25, 2011
Income Statement
| Concept | 2010 Q4 | 2009 Q4 | 2008 |
|---|---|---|---|
| Revenue | $995.0M | $1.087B | $4.279B |
| YoY Change | -8.49% | -20.81% | -21.52% |
| Cost Of Revenue | $112.3M | $90.10M | $1.399B |
| YoY Change | 24.64% | -61.74% | -27.82% |
| Gross Profit | $882.7M | $997.2M | $4.111B |
| YoY Change | -11.48% | -12.33% | 17.01% |
| Gross Profit Margin | 88.71% | 91.71% | 96.08% |
| Selling, General & Admin | $456.2M | $440.6M | $1.764B |
| YoY Change | 3.54% | -7.09% | 6.97% |
| % of Gross Profit | 51.68% | 44.18% | 42.91% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $67.00M | $66.60M | $220.4M |
| YoY Change | 0.6% | 8.47% | 4.26% |
| % of Gross Profit | 7.59% | 6.68% | 5.36% |
| Operating Expenses | $681.7M | $661.3M | $3.003B |
| YoY Change | 3.08% | 7.49% | 22.65% |
| Operating Profit | $201.0M | $335.9M | $1.108B |
| YoY Change | -40.16% | -35.69% | 4.03% |
| Interest Expense | |||
| YoY Change | |||
| % of Operating Profit | |||
| Other Income/Expense, Net | $20.70M | -$93.60M | $167.9M |
| YoY Change | -122.12% | ||
| Pretax Income | $214.4M | $279.1M | $1.276B |
| YoY Change | -23.18% | -46.56% | 20.26% |
| Income Tax | $57.30M | $78.80M | $480.9M |
| % Of Pretax Income | 26.73% | 28.23% | 37.7% |
| Net Earnings | $157.1M | $200.3M | $794.8M |
| YoY Change | -21.57% | -41.48% | 9.34% |
| Net Earnings / Revenue | 15.79% | 18.42% | 18.58% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $647.3K | $826.7K | $3.547M |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q4 | 2009 Q4 | 2008 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.818B | $2.492B | $2.648B |
| YoY Change | 13.08% | -5.89% | -32.48% |
| Cash & Equivalents | |||
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $2.818B | $2.492B | $2.648B |
| YoY Change | 13.08% | -5.89% | -32.48% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $505.0M | $544.0M | $507.0M |
| YoY Change | -7.17% | 7.3% | 3.05% |
| Goodwill | $400.9M | ||
| YoY Change | |||
| Intangibles | $53.20M | $60.70M | |
| YoY Change | -12.36% | ||
| Long-Term Investments | $20.83B | $18.63B | $15.57B |
| YoY Change | 11.8% | 19.66% | 75.19% |
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $81.03B | $79.65B | $79.41B |
| YoY Change | 1.73% | 0.31% | 24.68% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $2.818B | $2.492B | $2.648B |
| Total Long-Term Assets | $81.03B | $79.65B | $79.41B |
| Total Assets | $83.84B | $82.14B | $82.05B |
| YoY Change | 2.07% | 0.11% | 21.36% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | |||
| YoY Change | |||
| Accrued Expenses | |||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $68.84B | $65.97B | $30.48B |
| YoY Change | 4.36% | 0.38% | 29.88% |
| Long-Term Debt Due | $348.0M | $2.078B | $737.0M |
| YoY Change | -83.25% | 181.95% | -65.05% |
| Total Short-Term Liabilities | $69.19B | $68.05B | $31.22B |
| YoY Change | 1.68% | 2.39% | 22.06% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $4.902B | $4.666B | $4.623B |
| YoY Change | 5.06% | 0.93% | 27.95% |
| Other Long-Term Liabilities | $2.922B | $3.116B | $39.83B |
| YoY Change | -6.23% | -32.05% | 17.43% |
| Total Long-Term Liabilities | $7.824B | $7.782B | $44.45B |
| YoY Change | 0.54% | -15.5% | 18.44% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $69.19B | $68.05B | $31.22B |
| Total Long-Term Liabilities | $7.824B | $7.782B | $44.45B |
| Total Liabilities | $77.01B | $75.83B | $75.66B |
| YoY Change | 1.56% | 0.22% | 19.91% |
| 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 | $6.830B | $6.312B | $6.389B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $83.84B | $82.14B | $82.05B |
| YoY Change | 2.07% | 0.11% | 21.36% |
Cashflow Statement
| Concept | 2010 Q4 | 2009 Q4 | 2008 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $157.1M | $200.3M | $794.8M |
| YoY Change | -21.57% | -41.48% | 9.34% |
| Depreciation, Depletion And Amortization | $67.00M | $66.60M | $220.4M |
| YoY Change | 0.6% | 8.47% | 4.26% |
| Cash From Operating Activities | -$129.2M | $322.2M | $855.3M |
| YoY Change | -140.1% | -604.23% | -2.88% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$99.80M | -$70.60M | -$308.0M |
| YoY Change | 41.36% | -17.91% | 21.5% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$3.973B | -$4.629B | -$14.04B |
| YoY Change | -14.18% | 35.71% | 94.56% |
| Cash From Investing Activities | -$4.072B | -$4.699B | -$14.35B |
| YoY Change | -13.34% | 34.39% | 92.08% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 3.461B | 3.981B | 12.38B |
| YoY Change | -13.04% | 60.72% | 126.65% |
| NET CHANGE | |||
| Cash From Operating Activities | -129.2M | 322.2M | 855.3M |
| Cash From Investing Activities | -4.072B | -4.699B | -14.35B |
| Cash From Financing Activities | 3.461B | 3.981B | 12.38B |
| Net Change In Cash | -740.2M | -396.6M | -1.116B |
| YoY Change | 86.64% | -63.41% | -1.09% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$129.2M | $322.2M | $855.3M |
| Capital Expenditures | -$99.80M | -$70.60M | -$308.0M |
| Free Cash Flow | -$29.40M | $392.8M | $1.163B |
| YoY Change | -107.48% | 1677.38% | 2.57% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Segment Reporting Information Income Tax Expense Benefit
SegmentReportingInformationIncomeTaxExpenseBenefit
|
359400000 | |
| CY2010 | us-gaap |
Segment Reporting Information Interest Income Expense Net
SegmentReportingInformationInterestIncomeExpenseNet
|
957800000 | |
| CY2010 | ntrs |
Noncredit Portion Of Other Than Temporary Impairments
NoncreditPortionOfOtherThanTemporaryImpairments
|
20400000 | |
| CY2010 | ntrs |
Goodwill Other
GoodwillOther
|
-5300000 | |
| CY2010 | ntrs |
Total Other Than Temporary Impairment Losses On Investments
TotalOtherThanTemporaryImpairmentLossesOnInvestments
|
-800000 | |
| CY2008 | us-gaap |
Revenues
Revenues
|
4278500000 | |
| CY2008 | us-gaap |
Segment Reporting Entity Consolidated Revenue
SegmentReportingEntityConsolidatedRevenue
|
4328300000 | |
| CY2008 | us-gaap |
Segment Reporting Information Income Loss Before Income Taxes
SegmentReportingInformationIncomeLossBeforeIncomeTaxes
|
1325500000 | |
| CY2008 | us-gaap |
Segment Reporting Information Income Tax Expense Benefit
SegmentReportingInformationIncomeTaxExpenseBenefit
|
530700000 | |
| CY2008 | us-gaap |
Segment Reporting Information Interest Income Expense Net
SegmentReportingInformationInterestIncomeExpenseNet
|
1128900000 | |
| CY2009Q1 | ntrs |
Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
|
46300000 | |
| CY2009Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
7800000 | |
| CY2009Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
96300000 | |
| CY2009Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
60700000 | |
| CY2009Q4 | us-gaap |
Senior Notes
SeniorNotes
|
1551800000 | |
| CY2009Q4 | ntrs |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
157000000 | |
| CY2009Q4 | ntrs |
Credit Losses Recognized In Earnings
CreditLossesRecognizedInEarnings
|
73000000 | |
| CY2010Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
48100000 | |
| CY2010Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
111000000 | |
| CY2010Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
53200000 | |
| CY2010Q4 | ntrs |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
164200000 | |
| CY2009 | us-gaap |
Revenues
Revenues
|
3786900000 | |
| CY2009 | us-gaap |
Segment Reporting Entity Consolidated Revenue
SegmentReportingEntityConsolidatedRevenue
|
3827100000 | |
| CY2009 | us-gaap |
Segment Reporting Information Income Loss Before Income Taxes
SegmentReportingInformationIncomeLossBeforeIncomeTaxes
|
1295400000 | |
| CY2009 | us-gaap |
Segment Reporting Information Income Tax Expense Benefit
SegmentReportingInformationIncomeTaxExpenseBenefit
|
431200000 | |
| CY2009 | us-gaap |
Segment Reporting Information Interest Income Expense Net
SegmentReportingInformationInterestIncomeExpenseNet
|
1040000000 | |
| CY2009 | ntrs |
Noncredit Portion Of Other Than Temporary Impairments
NoncreditPortionOfOtherThanTemporaryImpairments
|
-66700000 | |
| CY2009 | ntrs |
Goodwill Other
GoodwillOther
|
12200000 | |
| CY2009 | ntrs |
Total Other Than Temporary Impairment Losses On Investments
TotalOtherThanTemporaryImpairmentLossesOnInvestments
|
-93400000 | |
| CY2010 | us-gaap |
Revenues
Revenues
|
3647700000 | |
| CY2010 | us-gaap |
Segment Reporting Entity Consolidated Revenue
SegmentReportingEntityConsolidatedRevenue
|
3686800000 | |
| CY2010 | us-gaap |
Segment Reporting Information Income Loss Before Income Taxes
SegmentReportingInformationIncomeLossBeforeIncomeTaxes
|
1028900000 |
