2015 Q1 Form 10-K Financial Statement

#000119312515068895 Filed on February 27, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2013 Q4 2013 Q3
Revenue $4.895B $4.941B
YoY Change 9.96% 2.91%
Cost Of Revenue $4.504B $4.532B
YoY Change 10.76% 1.79%
Gross Profit $385.7M $408.5M
YoY Change 0.36% 17.15%
Gross Profit Margin 7.88% 8.27%
Selling, General & Admin $117.4M $125.1M
YoY Change -2.89% 9.38%
% of Gross Profit 30.43% 30.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $163.7M $150.6M
YoY Change 3.09% -2.27%
% of Gross Profit 42.44% 36.86%
Operating Expenses $117.4M $125.1M
YoY Change -2.89% 9.38%
Operating Profit $268.3M $283.4M
YoY Change 1.86% 20.94%
Interest Expense -$35.80M $38.62M
YoY Change -17.89% -10.09%
% of Operating Profit -13.34% 13.63%
Other Income/Expense, Net
YoY Change
Pretax Income $237.3M $248.2M
YoY Change 7.91% 29.42%
Income Tax $46.80M $70.09M
% Of Pretax Income 19.72% 28.24%
Net Earnings $170.5M $147.6M
YoY Change 24.53% 33.8%
Net Earnings / Revenue 3.48% 2.99%
Basic Earnings Per Share $0.53 $0.46
Diluted Earnings Per Share $0.53 $0.46
COMMON SHARES
Basic Shares Outstanding 319.0M shares 319.3M shares
Diluted Shares Outstanding 319.5M shares

Balance Sheet

Concept 2015 Q1 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.511B $1.771B
YoY Change 30.6% -16.58%
Cash & Equivalents $1.483B $1.723B
Short-Term Investments $28.00M $48.00M
Other Short-Term Assets $482.0M $339.5M
YoY Change 1.82% -29.56%
Inventory $2.606B $2.440B
Prepaid Expenses
Receivables $1.811B $1.918B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.410B $6.469B
YoY Change 13.22% -2.31%
LONG-TERM ASSETS
Property, Plant & Equipment $4.917B $4.697B
YoY Change 14.8% 14.4%
Goodwill $1.974B $1.984B
YoY Change -1.54% -1.24%
Intangibles $874.2M $896.4M
YoY Change -8.87% -8.56%
Long-Term Investments $936.0M $913.7M
YoY Change 9.36% 22.33%
Other Assets $1.028B $1.045B
YoY Change 6.17% 20.7%
Total Long-Term Assets $8.793B $8.623B
YoY Change 3.56% 2.96%
TOTAL ASSETS
Total Short-Term Assets $6.410B $6.469B
Total Long-Term Assets $8.793B $8.623B
Total Assets $15.20B $15.09B
YoY Change 7.43% 0.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.117B $1.137B
YoY Change 6.72% -4.16%
Accrued Expenses $527.8M $529.2M
YoY Change 24.76% 9.63%
Deferred Revenue
YoY Change
Short-Term Debt $29.20M $38.20M
YoY Change -2.37% 23.77%
Long-Term Debt Due $3.300M
YoY Change -98.68%
Total Short-Term Liabilities $1.960B $1.993B
YoY Change -3.42% -30.95%
LONG-TERM LIABILITIES
Long-Term Debt $4.377B $4.380B
YoY Change 29.49% 29.58%
Other Long-Term Liabilities $956.0M $855.0M
YoY Change 11.55% -1.27%
Total Long-Term Liabilities $4.377B $4.380B
YoY Change 29.49% 29.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.960B $1.993B
Total Long-Term Liabilities $4.377B $4.380B
Total Liabilities $7.293B $7.229B
YoY Change 16.38% 1.33%
SHAREHOLDERS EQUITY
Retained Earnings $7.140B $7.089B
YoY Change 0.22% -0.57%
Common Stock $1.994B $1.992B
YoY Change 1.64% 1.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.498B $1.498B
YoY Change -0.26% -0.25%
Treasury Stock Shares 59.20M shares
Shareholders Equity $7.646B $7.605B
YoY Change
Total Liabilities & Shareholders Equity $15.20B $15.09B
YoY Change 7.43% 0.63%

Cashflow Statement

Concept 2015 Q1 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income $170.5M $147.6M
YoY Change 24.53% 33.8%
Depreciation, Depletion And Amortization $163.7M $150.6M
YoY Change 3.09% -2.27%
Cash From Operating Activities $194.3M $398.6M
YoY Change 156.67% -41.23%
INVESTING ACTIVITIES
Capital Expenditures -$309.1M -$266.6M
YoY Change -7.4% 15.71%
Acquisitions
YoY Change
Other Investing Activities $16.70M $85.00M
YoY Change -95.77% -63.41%
Cash From Investing Activities -$292.3M -$181.7M
YoY Change -582.34% -8752.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -139.5M 874.4M
YoY Change -82.01% -959.78%
NET CHANGE
Cash From Operating Activities 194.3M 398.6M
Cash From Investing Activities -292.3M -181.7M
Cash From Financing Activities -139.5M 874.4M
Net Change In Cash -237.5M 1.091B
YoY Change -62.85% 88.61%
FREE CASH FLOW
Cash From Operating Activities $194.3M $398.6M
Capital Expenditures -$309.1M -$266.6M
Free Cash Flow $503.4M $665.2M
YoY Change 22.93% -26.79%

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CY2014 dei Entity Central Index Key
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CY2014 dei Entity Current Reporting Status
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CY2014 dei Document Fiscal Period Focus
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FY
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711625000
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100000000
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0
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852940000
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25000000
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ShareBasedCompensation
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StockholdersEquityOther
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UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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EarningsPerShareDiluted
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LossOnAssets
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CY2012 nue Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
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PaymentsOfRestrictedCashForQualifiedExpenditure
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