2024 Q3 Form 10-Q Financial Statement

#000162828024033496 Filed on July 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $2.642B $2.423B
YoY Change 7.57% 0.08%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $346.0M $285.0M
YoY Change 22.7% -12.31%
% of Gross Profit
Operating Expenses $2.001B $1.841B
YoY Change 5.04% 13.15%
Operating Profit $641.0M $582.0M
YoY Change 16.33% -26.7%
Interest Expense $227.0M $218.0M
YoY Change 22.7% -303.74%
% of Operating Profit 35.41% 37.46%
Other Income/Expense, Net $37.00M $47.00M
YoY Change -9.76% -17.54%
Pretax Income $559.0M $437.0M
YoY Change 760.0% -41.26%
Income Tax $39.00M $3.000M
% Of Pretax Income 6.98% 0.69%
Net Earnings $520.0M $434.0M
YoY Change 274.1% -26.57%
Net Earnings / Revenue 19.68% 17.91%
Basic Earnings Per Share $1.04 $0.87
Diluted Earnings Per Share $1.04 $0.87
COMMON SHARES
Basic Shares Outstanding 498.2M shares 498.1M shares
Diluted Shares Outstanding 500.0M 500.0M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $203.0M $113.0M
YoY Change 256.14% -79.34%
Cash & Equivalents $203.0M $113.0M
Short-Term Investments
Other Short-Term Assets $27.00M $74.00M
YoY Change -35.71% -92.89%
Inventory $1.178B $1.036B
Prepaid Expenses $278.0M $349.0M
Receivables $1.451B $1.402B
Other Receivables $148.0M $0.00
Total Short-Term Assets $3.992B $3.576B
YoY Change 21.6% -7.43%
LONG-TERM ASSETS
Property, Plant & Equipment $39.77B $39.19B
YoY Change 5.68% 5.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $265.0M $268.0M
YoY Change -11.07% -11.26%
Other Assets $370.0M $372.0M
YoY Change 14.55% -95.19%
Total Long-Term Assets $50.09B $48.81B
YoY Change 8.25% 6.93%
TOTAL ASSETS
Total Short-Term Assets $3.992B $3.576B
Total Long-Term Assets $50.09B $48.81B
Total Assets $54.08B $52.38B
YoY Change 9.14% 5.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.121B $1.052B
YoY Change 0.09% 0.19%
Accrued Expenses $240.0M $213.0M
YoY Change 37.93% 40.13%
Deferred Revenue
YoY Change
Short-Term Debt $547.0M $879.0M
YoY Change -21.29% -26.57%
Long-Term Debt Due $2.400B $2.100B
YoY Change 20.0% 1.2%
Total Short-Term Liabilities $5.858B $5.534B
YoY Change 12.87% -3.76%
LONG-TERM LIABILITIES
Long-Term Debt $18.96B $18.42B
YoY Change 11.27% 12.35%
Other Long-Term Liabilities $196.0M $192.0M
YoY Change -2.0% -96.78%
Total Long-Term Liabilities $13.17B $12.61B
YoY Change 8.31% -43.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.858B $5.534B
Total Long-Term Liabilities $13.17B $12.61B
Total Liabilities $19.03B $18.14B
YoY Change 9.67% -47.35%
SHAREHOLDERS EQUITY
Retained Earnings $12.61B $12.39B
YoY Change 7.24% 4.08%
Common Stock $5.036B $5.020B
YoY Change 0.56% -0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $16.10B $15.82B
YoY Change
Total Liabilities & Shareholders Equity $54.08B $52.38B
YoY Change 9.14% 5.81%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $520.0M $434.0M
YoY Change 274.1% -26.57%
Depreciation, Depletion And Amortization $346.0M $285.0M
YoY Change 22.7% -12.31%
Cash From Operating Activities $623.0M $482.0M
YoY Change -9.32% -15.73%
INVESTING ACTIVITIES
Capital Expenditures $768.0M $837.0M
YoY Change -16.16% 18.72%
Acquisitions
YoY Change
Other Investing Activities $17.00M -$1.624B
YoY Change -100.72% -641.33%
Cash From Investing Activities -$751.0M -$827.0M
YoY Change -17.56% 104.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 211.0M -734.0M
YoY Change -177.29% -10.92%
NET CHANGE
Cash From Operating Activities 623.0M 482.0M
Cash From Investing Activities -751.0M -827.0M
Cash From Financing Activities 211.0M -734.0M
Net Change In Cash 83.00M -1.079B
YoY Change -116.7% 64.23%
FREE CASH FLOW
Cash From Operating Activities $623.0M $482.0M
Capital Expenditures $768.0M $837.0M
Free Cash Flow -$145.0M -$355.0M
YoY Change -36.68% 166.92%

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dei Entity Registrant Name
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