2015 Q3 Form 10-Q Financial Statement

#000007800316000113 Filed on November 10, 2016

View on sec.gov

Income Statement

Concept 2015 Q3
Revenue $12.09B
YoY Change -2.22%
Cost Of Revenue $2.219B
YoY Change -6.29%
Gross Profit $9.868B
YoY Change -1.25%
Gross Profit Margin 81.64%
Selling, General & Admin $3.270B
YoY Change -8.04%
% of Gross Profit 33.14%
Research & Development $1.722B
YoY Change -4.44%
% of Gross Profit 17.45%
Depreciation & Amortization $1.272B
YoY Change -4.07%
% of Gross Profit 12.89%
Operating Expenses $4.992B
YoY Change -6.83%
Operating Profit $4.876B
YoY Change 5.2%
Interest Expense $278.0M
YoY Change -18.95%
% of Operating Profit 5.7%
Other Income/Expense, Net -$661.0M
YoY Change 603.19%
Pretax Income $2.697B
YoY Change -24.81%
Income Tax $567.0M
% Of Pretax Income 21.02%
Net Earnings $2.130B
YoY Change -20.11%
Net Earnings / Revenue 17.62%
Basic Earnings Per Share $0.35
Diluted Earnings Per Share $0.34
COMMON SHARES
Basic Shares Outstanding 6.168B shares
Diluted Shares Outstanding 6.243B shares

Balance Sheet

Concept 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.66B
YoY Change -38.23%
Cash & Equivalents $3.099B
Short-Term Investments $17.56B
Other Short-Term Assets $2.248B
YoY Change -11.67%
Inventory $7.678B
Prepaid Expenses
Receivables $9.535B
Other Receivables $0.00
Total Short-Term Assets $45.00B
YoY Change -21.03%
LONG-TERM ASSETS
Property, Plant & Equipment $13.70B
YoY Change 13.82%
Goodwill $47.22B
YoY Change 10.52%
Intangibles $43.30B
YoY Change 19.03%
Long-Term Investments $16.23B
YoY Change -12.02%
Other Assets $3.911B
YoY Change 14.32%
Total Long-Term Assets $125.9B
YoY Change 10.05%
TOTAL ASSETS
Total Short-Term Assets $45.00B
Total Long-Term Assets $125.9B
Total Assets $170.9B
YoY Change -0.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.294B
YoY Change 10.8%
Accrued Expenses $2.155B
YoY Change 17.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $9.818B
YoY Change 82.19%
Total Short-Term Liabilities $27.85B
YoY Change 39.78%
LONG-TERM LIABILITIES
Long-Term Debt $29.08B
YoY Change -8.17%
Other Long-Term Liabilities $4.987B
YoY Change 16.9%
Total Long-Term Liabilities $34.07B
YoY Change -5.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.85B
Total Long-Term Liabilities $34.07B
Total Liabilities $103.7B
YoY Change 11.48%
SHAREHOLDERS EQUITY
Retained Earnings $74.02B
YoY Change -0.37%
Common Stock $459.0M
YoY Change 0.88%
Preferred Stock
YoY Change
Treasury Stock (at cost) $79.26B
YoY Change 10.36%
Treasury Stock Shares
Shareholders Equity $66.84B
YoY Change
Total Liabilities & Shareholders Equity $170.9B
YoY Change -0.29%

Cashflow Statement

Concept 2015 Q3
OPERATING ACTIVITIES
Net Income $2.130B
YoY Change -20.11%
Depreciation, Depletion And Amortization $1.272B
YoY Change -4.07%
Cash From Operating Activities $5.014B
YoY Change 12.35%
INVESTING ACTIVITIES
Capital Expenditures -$325.0M
YoY Change -42.07%
Acquisitions
YoY Change
Other Investing Activities -$4.918B
YoY Change 149.14%
Cash From Investing Activities -$5.243B
YoY Change 106.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.200B
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -258.0M
YoY Change -91.06%
NET CHANGE
Cash From Operating Activities 5.014B
Cash From Investing Activities -5.243B
Cash From Financing Activities -258.0M
Net Change In Cash -487.0M
YoY Change -49.22%
FREE CASH FLOW
Cash From Operating Activities $5.014B
Capital Expenditures -$325.0M
Free Cash Flow $5.339B
YoY Change 6.27%

Facts In Submission

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CY2016Q4 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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CY2016Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
418000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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CY2016Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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CY2016Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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94000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
312000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
149000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
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611000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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7000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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0 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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90000000 USD
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us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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CY2016Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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24000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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32000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2016Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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999000000 USD
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90000000 USD
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19000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Preferred Stock Dividends Income Statement Impact
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us-gaap Proceeds From Sale Maturity And Collection Of Longterm Investments
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us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Profit Loss
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CY2016Q4 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Repayments Of Short Term Debt
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us-gaap Research And Development Expense Excluding Acquired In Process Cost
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us-gaap Research And Development Expense Excluding Acquired In Process Cost
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5360000000 USD
CY2016Q4 us-gaap Restructuring And Related Cost Expected Cost1
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2100 Employee
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us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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CY2016Q4 us-gaap Restructuring Reserve
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us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
71000000 USD
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RestructuringReserveAcceleratedDepreciation
47000000 USD
us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
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CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2015Q3 us-gaap Royalty Revenue
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us-gaap Royalty Revenue
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CY2016Q4 us-gaap Royalty Revenue
RoyaltyRevenue
233000000 USD
us-gaap Royalty Revenue
RoyaltyRevenue
695000000 USD
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12087000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
34804000000 USD
CY2016Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
13045000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
39196000000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3270000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
9761000000 USD
CY2016Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3559000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10414000000 USD
CY2015Q3 us-gaap Severance Costs1
SeveranceCosts1
241000000 USD
us-gaap Severance Costs1
SeveranceCosts1
306000000 USD
CY2016Q4 us-gaap Severance Costs1
SeveranceCosts1
347000000 USD
us-gaap Severance Costs1
SeveranceCosts1
464000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
488000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
532000000 USD
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
19649000000 USD
CY2016Q4 us-gaap Short Term Investments
ShortTermInvestments
12277000000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
5000000000 USD
CY2016Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
11400000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
64720000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
63306000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
64998000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
63601000000 USD
CY2015Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
418000000 USD
CY2016Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
1158000000 USD
CY2016Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
136000000 shares
CY2016Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
18000000 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
79252000000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
84346000000 USD
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
75000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
83000000 shares
CY2016Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
72000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
68000000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6243000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6259000000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6138000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6164000000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6168000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6176000000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6066000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6095000000 shares

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0000078003-16-000113.txt Edgar Link pending
0000078003-16-000113-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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