2019 Q4 Form 10-Q Financial Statement
#000119312520027351 Filed on February 07, 2020
Income Statement
| Concept | 2019 Q4 |
|---|---|
| Revenue | $2.479B |
| YoY Change | -5.63% |
| Cost Of Revenue | $1.344B |
| YoY Change | -9.43% |
| Gross Profit | $1.135B |
| YoY Change | -0.7% |
| Gross Profit Margin | 45.78% |
| Selling, General & Admin | $773.0M |
| YoY Change | 0.0% |
| % of Gross Profit | 68.11% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $162.0M |
| YoY Change | -0.61% |
| % of Gross Profit | 14.27% |
| Operating Expenses | $773.0M |
| YoY Change | -65.75% |
| Operating Profit | $362.0M |
| YoY Change | -132.5% |
| Interest Expense | -$8.000M |
| YoY Change | -46.67% |
| % of Operating Profit | -2.21% |
| Other Income/Expense, Net | $2.000M |
| YoY Change | -71.43% |
| Pretax Income | $155.0M |
| YoY Change | -10.92% |
| Income Tax | $52.00M |
| % Of Pretax Income | 33.55% |
| Net Earnings | $85.00M |
| YoY Change | -10.53% |
| Net Earnings / Revenue | 3.43% |
| Basic Earnings Per Share | $0.15 |
| Diluted Earnings Per Share | $0.14 |
| COMMON SHARES | |
| Basic Shares Outstanding | 588.2M shares |
| Diluted Shares Outstanding | 590.3M shares |
Balance Sheet
| Concept | 2019 Q4 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $1.272B |
| YoY Change | -21.38% |
| Cash & Equivalents | $1.272B |
| Short-Term Investments | |
| Other Short-Term Assets | $518.0M |
| YoY Change | -7.17% |
| Inventory | $358.0M |
| Prepaid Expenses | |
| Receivables | $1.570B |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $3.718B |
| YoY Change | -16.05% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $3.775B |
| YoY Change | 49.98% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $325.0M |
| YoY Change | 98.17% |
| Other Assets | $1.231B |
| YoY Change | 34.98% |
| Total Long-Term Assets | $12.56B |
| YoY Change | 6.49% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $3.718B |
| Total Long-Term Assets | $12.56B |
| Total Assets | $16.28B |
| YoY Change | 0.34% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $375.0M |
| YoY Change | -40.0% |
| Accrued Expenses | $1.255B |
| YoY Change | 0.97% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $0.00 |
| YoY Change | -100.0% |
| Total Short-Term Liabilities | $2.727B |
| YoY Change | -26.54% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.201B |
| YoY Change | 28.31% |
| Other Long-Term Liabilities | $1.959B |
| YoY Change | 273.85% |
| Total Long-Term Liabilities | $3.160B |
| YoY Change | 116.44% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.727B |
| Total Long-Term Liabilities | $3.160B |
| Total Liabilities | $7.324B |
| YoY Change | 41.61% |
| 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 | $8.958B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $16.28B |
| YoY Change | 0.34% |
Cashflow Statement
| Concept | 2019 Q4 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $85.00M |
| YoY Change | -10.53% |
| Depreciation, Depletion And Amortization | $162.0M |
| YoY Change | -0.61% |
| Cash From Operating Activities | $165.0M |
| YoY Change | -32.65% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$120.0M |
| YoY Change | -8.4% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $4.000M |
| YoY Change | -102.55% |
| Cash From Investing Activities | -$116.0M |
| YoY Change | -59.72% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -233.0M |
| YoY Change | 11.48% |
| NET CHANGE | |
| Cash From Operating Activities | 165.0M |
| Cash From Investing Activities | -116.0M |
| Cash From Financing Activities | -233.0M |
| Net Change In Cash | -184.0M |
| YoY Change | -26.98% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $165.0M |
| Capital Expenditures | -$120.0M |
| Free Cash Flow | $285.0M |
| YoY Change | -24.2% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018Q4 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
5000000 | |
| us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-14000000 | ||
| us-gaap |
Fiscal Period Duration
FiscalPeriodDuration
|
P364D | ||
| CY2019Q4 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
0 | |
| us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
7000000 | ||
| CY2019Q4 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
13000000 | |
| CY2018Q4 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-8000000 | |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
2000000 | ||
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-13000000 | ||
| CY2019Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | |
| CY2019Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2100000 | |
| CY2018Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2200000 | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | ||
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1900000 | ||
| CY2019Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
143000000 | |
| CY2019Q2 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
155000000 |
