2012 Q3 Form 10-Q Financial Statement

#000104746912010188 Filed on November 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $2.943B $3.221B
YoY Change -8.63% -2.31%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $645.0M $718.0M
YoY Change -10.17% 15.06%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $645.0M $718.0M
YoY Change -10.17% 15.06%
Operating Profit $727.0M $741.0M
YoY Change -1.89% 21.28%
Interest Expense $94.00M $110.0M
YoY Change -14.55% -13.39%
% of Operating Profit 12.93% 14.84%
Other Income/Expense, Net -$3.000M -$21.00M
YoY Change -85.71% -187.5%
Pretax Income $635.0M $574.0M
YoY Change 10.63% 12.77%
Income Tax $217.0M
% Of Pretax Income 37.8%
Net Earnings $391.0M $338.0M
YoY Change 15.68% 6.62%
Net Earnings / Revenue 13.29% 10.49%
Basic Earnings Per Share $0.61 $0.51
Diluted Earnings Per Share $0.60 $0.50
COMMON SHARES
Basic Shares Outstanding 640.0M shares 659.0M shares
Diluted Shares Outstanding 656.0M shares 675.0M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $947.0M $947.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $536.0M
Prepaid Expenses
Receivables $3.114B
Other Receivables
Total Short-Term Assets $5.466B
YoY Change -3.75%
LONG-TERM ASSETS
Property, Plant & Equipment $2.525B
YoY Change -5.85%
Goodwill $8.619B
YoY Change 1.16%
Intangibles $6.551B
YoY Change -1.52%
Long-Term Investments
YoY Change
Other Assets $1.428B
YoY Change -2.96%
Total Long-Term Assets $20.65B
YoY Change -0.78%
TOTAL ASSETS
Total Short-Term Assets $5.466B
Total Long-Term Assets $20.65B
Total Assets $26.11B
YoY Change -1.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $374.0M
YoY Change -5.89%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.964B
YoY Change -14.59%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $3.349B
YoY Change -0.9%
Total Long-Term Liabilities $3.349B
YoY Change -0.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.964B
Total Long-Term Liabilities $3.349B
Total Liabilities $7.313B
YoY Change -8.82%
SHAREHOLDERS EQUITY
Retained Earnings -$28.71B
YoY Change -4.07%
Common Stock $1.000M $43.42B
YoY Change -100.0% -0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.536B
YoY Change 22.95%
Treasury Stock Shares 155.0M shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity $26.11B
YoY Change -1.41%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $391.0M $338.0M
YoY Change 15.68% 6.62%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $55.00M $57.00M
YoY Change -3.51% -9.52%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures $55.00M $57.00M
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Interest Paid
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cbs Early Extinguishment Of Debt Adjustment To Cash Portion
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cbs Early Extinguishment Of Debt Adjustment To Cash Portion
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us-gaap Use Of Estimates
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<p style='margin-top:0pt; margin-bottom:12pt'><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;margin-left:0px;">Use of Estimates</font><font style="font-family:Times New Roman;font-size:11pt;">&#8212;The preparation of the Company's financial statements in conformity with accounting principles generally accepted in the United States (&#8220;</font><font style="font-family:Times New Roman;font-size:11pt;">GAAP</font><font style="font-family:Times New Roman;font-size:11pt;">&#8221;) requires management to </font><font style="font-family:Times New Roman;font-size:11pt;">make</font><font style="font-family:Times New Roman;font-size:11pt;"> estimates, judgments and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> and the reported amount of revenues and expenses during the reporting period. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.</font></p>
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Restructuring Reserve Settled With Cash
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