2020 Q1 Form 10-Q Financial Statement
#000119312520136899 Filed on May 08, 2020
Income Statement
| Concept | 2020 Q1 |
|---|---|
| Revenue | $2.266B |
| YoY Change | -7.77% |
| Cost Of Revenue | $1.278B |
| YoY Change | -8.71% |
| Gross Profit | $988.0M |
| YoY Change | -6.53% |
| Gross Profit Margin | 43.6% |
| Selling, General & Admin | $741.0M |
| YoY Change | -8.52% |
| % of Gross Profit | 75.0% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $160.0M |
| YoY Change | -4.76% |
| % of Gross Profit | 16.19% |
| Operating Expenses | $741.0M |
| YoY Change | -66.47% |
| Operating Profit | $247.0M |
| YoY Change | -121.42% |
| Interest Expense | -$9.000M |
| YoY Change | -35.71% |
| % of Operating Profit | -3.64% |
| Other Income/Expense, Net | $13.00M |
| YoY Change | 333.33% |
| Pretax Income | -$1.046B |
| YoY Change | -3586.67% |
| Income Tax | -$10.00M |
| % Of Pretax Income | |
| Net Earnings | -$730.0M |
| YoY Change | -7400.0% |
| Net Earnings / Revenue | -32.22% |
| Basic Earnings Per Share | -$1.24 |
| Diluted Earnings Per Share | -$1.24 |
| COMMON SHARES | |
| Basic Shares Outstanding | 588.3M shares |
| Diluted Shares Outstanding | 588.3M shares |
Balance Sheet
| Concept | 2020 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $1.388B |
| YoY Change | -15.78% |
| Cash & Equivalents | $1.388B |
| Short-Term Investments | |
| Other Short-Term Assets | $753.0M |
| YoY Change | 33.51% |
| Inventory | $363.0M |
| Prepaid Expenses | |
| Receivables | $1.237B |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $3.741B |
| YoY Change | -11.91% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $3.416B |
| YoY Change | 33.59% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $325.0M |
| YoY Change | 103.13% |
| Other Assets | $1.269B |
| YoY Change | 38.99% |
| Total Long-Term Assets | $10.69B |
| YoY Change | -9.52% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $3.741B |
| Total Long-Term Assets | $10.69B |
| Total Assets | $14.43B |
| YoY Change | -10.15% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $342.0M |
| YoY Change | -20.83% |
| Accrued Expenses | $1.137B |
| YoY Change | -16.64% |
| 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 | $2.689B |
| YoY Change | -26.91% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.115B |
| YoY Change | 28.46% |
| Other Long-Term Liabilities | $1.818B |
| YoY Change | 267.27% |
| Total Long-Term Liabilities | $2.933B |
| YoY Change | 115.19% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.689B |
| Total Long-Term Liabilities | $2.933B |
| Total Liabilities | $6.596B |
| YoY Change | 30.82% |
| 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 | $7.832B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $14.43B |
| YoY Change | -10.15% |
Cashflow Statement
| Concept | 2020 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$730.0M |
| YoY Change | -7400.0% |
| Depreciation, Depletion And Amortization | $160.0M |
| YoY Change | -4.76% |
| Cash From Operating Activities | $260.0M |
| YoY Change | -14.19% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$98.00M |
| YoY Change | -35.95% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $5.000M |
| YoY Change | -87.18% |
| Cash From Investing Activities | -$93.00M |
| YoY Change | -18.42% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -13.00M |
| YoY Change | -92.26% |
| NET CHANGE | |
| Cash From Operating Activities | 260.0M |
| Cash From Investing Activities | -93.00M |
| Cash From Financing Activities | -13.00M |
| Net Change In Cash | 154.0M |
| YoY Change | 633.33% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $260.0M |
| Capital Expenditures | -$98.00M |
| Free Cash Flow | $358.0M |
| YoY Change | -21.49% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Fiscal Period Duration
FiscalPeriodDuration
|
P364D | ||
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
9000000 | |
| CY2019Q1 | 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
|
-5000000 | ||
| us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
2000000 | ||
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-15000000 | |
| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
3000000 | |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-13000000 | ||
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-10000000 | ||
| CY2020Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
1115000000 | |
| CY2019Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
1453000000 | |
| CY2020Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | |
| CY2019Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
449000000 |
