2009 Form 8-K Financial Statement
#000119312511084937 Filed on March 31, 2011
Income Statement
| Concept | 2009 | 2008 |
|---|---|---|
| Revenue | $43.23B | $43.25B |
| YoY Change | -0.04% | 9.57% |
| Cost Of Revenue | $20.10B | $20.35B |
| YoY Change | -1.24% | 12.82% |
| Gross Profit | $23.13B | $22.90B |
| YoY Change | 1.02% | 6.83% |
| Gross Profit Margin | 53.51% | 52.95% |
| Selling, General & Admin | $14.61B | $15.49B |
| YoY Change | -5.66% | 9.11% |
| % of Gross Profit | 63.17% | 67.64% |
| Research & Development | $414.0M | $388.0M |
| YoY Change | 6.7% | |
| % of Gross Profit | 1.79% | 1.69% |
| Depreciation & Amortization | $1.635B | $1.543B |
| YoY Change | 5.96% | 8.2% |
| % of Gross Profit | 7.07% | 6.74% |
| Operating Expenses | $15.09B | $15.94B |
| YoY Change | -5.34% | 11.84% |
| Operating Profit | $8.044B | $6.959B |
| YoY Change | 15.59% | -3.1% |
| Interest Expense | $35.00M | $86.00M |
| YoY Change | -59.3% | -81.34% |
| % of Operating Profit | 0.44% | 1.24% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $8.079B | $7.045B |
| YoY Change | 14.68% | -7.82% |
| Income Tax | $2.100B | $1.879B |
| % Of Pretax Income | 25.99% | 26.67% |
| Net Earnings | $5.946B | $5.142B |
| YoY Change | 15.64% | -9.5% |
| Net Earnings / Revenue | 13.75% | 11.89% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $3.770M | $3.210M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.558B | 1.573B |
| Diluted Shares Outstanding | 1.577B | 1.602B |
Balance Sheet
| Concept | 2009 | 2008 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.135B | $2.277B |
| YoY Change | 81.6% | -8.22% |
| Cash & Equivalents | $3.943B | $2.064B |
| Short-Term Investments | $192.0M | $213.0M |
| Other Short-Term Assets | $1.194B | $1.324B |
| YoY Change | -9.82% | 33.6% |
| Inventory | $2.618B | $2.522B |
| Prepaid Expenses | ||
| Receivables | $4.624B | $4.683B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $12.57B | $10.81B |
| YoY Change | 16.33% | 6.45% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $12.67B | $11.66B |
| YoY Change | 8.64% | 3.87% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $4.573B | $3.883B |
| YoY Change | 17.77% | -10.82% |
| Other Assets | $758.0M | $2.543B |
| YoY Change | -70.19% | 62.91% |
| Total Long-Term Assets | $27.28B | $25.19B |
| YoY Change | 8.29% | 2.9% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $12.57B | $10.81B |
| Total Long-Term Assets | $27.28B | $25.19B |
| Total Assets | $39.85B | $35.99B |
| YoY Change | 10.71% | 3.94% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.881B | $2.846B |
| YoY Change | 1.23% | 11.09% |
| Accrued Expenses | $2.947B | $2.843B |
| YoY Change | 3.66% | -1.76% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $464.0M | $369.0M |
| YoY Change | 25.75% | |
| Total Short-Term Liabilities | $8.756B | $8.787B |
| YoY Change | -0.35% | 13.34% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $7.400B | $7.858B |
| YoY Change | -5.83% | 86.96% |
| Other Long-Term Liabilities | $5.591B | $6.541B |
| YoY Change | -14.52% | 36.5% |
| Total Long-Term Liabilities | $12.99B | $14.40B |
| YoY Change | -9.78% | 60.08% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $8.756B | $8.787B |
| Total Long-Term Liabilities | $12.99B | $14.40B |
| Total Liabilities | $23.04B | $23.89B |
| YoY Change | -3.53% | 37.33% |
| 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 | $16.80B | $12.11B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $39.85B | $35.99B |
| YoY Change | 10.71% | 3.94% |
Cashflow Statement
| Concept | 2009 | 2008 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $5.946B | $5.142B |
| YoY Change | 15.64% | -9.5% |
| Depreciation, Depletion And Amortization | $1.635B | $1.543B |
| YoY Change | 5.96% | 8.2% |
| Cash From Operating Activities | $6.796B | $6.999B |
| YoY Change | -2.9% | 0.94% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$2.128B | -$2.446B |
| YoY Change | -13.0% | 0.66% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$273.0M | -$221.0M |
| YoY Change | 23.53% | -83.18% |
| Cash From Investing Activities | -$2.401B | -$2.667B |
| YoY Change | -9.97% | -28.77% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -2.497B | -3.025B |
| YoY Change | -17.45% | -24.49% |
| NET CHANGE | ||
| Cash From Operating Activities | 6.796B | 6.999B |
| Cash From Investing Activities | -2.401B | -2.667B |
| Cash From Financing Activities | -2.497B | -3.025B |
| Net Change In Cash | 1.898B | 1.307B |
| YoY Change | 45.22% | -260.17% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $6.796B | $6.999B |
| Capital Expenditures | -$2.128B | -$2.446B |
| Free Cash Flow | $8.924B | $9.445B |
| YoY Change | -5.52% | 0.87% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
214000000 | |
| CY2010 | pep |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Conversions In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsConversionsInPeriod
|
3183000 | |
| CY2010 | pep |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Conversions In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsConversionsInPeriodIntrinsicValue
|
63.58 | |
| CY2010 | pep |
Share Based Compensation Arrangement By Share Based Payment Award Rsus Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardRsusOutstandingIntrinsicValue
|
700397000 | |
| CY2010 | pep |
Share Based Compensation Arrangement By Share Based Payment Award Rsus Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardRsusOutstandingWeightedAverageRemainingContractualTerm
|
1.69 | |
| CY2010Q4 | pep |
Total Long Term Contractual Commitments
TotalLongTermContractualCommitments
|
32016000000 | |
| CY2008 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
43251000000 | |
| CY2009 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
43232000000 | |
| CY2010 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
57838000000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
573000 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodIntrinsicValue
|
62.50 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
8326000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
65.01 | |
| CY2009Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue
|
60.98 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue
|
63.27 | |
| CY2009Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
6092000 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
10662000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableIntrinsicValue
|
1040510000 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
50.26 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm
|
3.44 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod
|
23940000 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
43.47 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
2726000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
55.85 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
26858000 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
54.09 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1281596000 | |
| CY2009Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
106011000 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
106203000 | |
| CY2009Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
51.68 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
54.03 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
|
5.19 | |
| CY2010Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
67304000 | |
| CY2010Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2022000000 |
