2008 Form 10-K Financial Statement
#000119312510042425 Filed on February 26, 2010
Income Statement
| Concept | 2008 | 2007 |
|---|---|---|
| Revenue | $48.30B | $48.42B |
| YoY Change | -0.25% | 0.1% |
| Cost Of Revenue | $8.112B | $11.24B |
| YoY Change | -27.82% | 47.11% |
| Gross Profit | $40.93B | $37.18B |
| YoY Change | 10.09% | -8.72% |
| Gross Profit Margin | 84.75% | 76.79% |
| Selling, General & Admin | $14.54B | $15.63B |
| YoY Change | -6.97% | 0.24% |
| % of Gross Profit | 35.52% | 42.03% |
| Research & Development | $7.945B | $8.089B |
| YoY Change | -1.78% | 8.97% |
| % of Gross Profit | 19.41% | 21.76% |
| Depreciation & Amortization | $5.090B | $5.200B |
| YoY Change | -2.12% | -1.76% |
| % of Gross Profit | 12.44% | 13.99% |
| Operating Expenses | $22.48B | $23.72B |
| YoY Change | -5.2% | -7.79% |
| Operating Profit | $18.45B | $13.46B |
| YoY Change | 37.01% | -10.31% |
| Interest Expense | $772.0M | $1.099B |
| YoY Change | -29.75% | 151.49% |
| % of Operating Profit | 4.18% | 8.16% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $9.694B | $9.278B |
| YoY Change | 4.48% | -28.78% |
| Income Tax | $1.645B | $1.023B |
| % Of Pretax Income | 16.97% | 11.03% |
| Net Earnings | $8.104B | $8.144B |
| YoY Change | -0.49% | -57.88% |
| Net Earnings / Revenue | 16.78% | 16.82% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $1.201M | $1.174M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2008 | 2007 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $24.56B | $26.09B |
| YoY Change | -5.89% | -7.56% |
| Cash & Equivalents | $2.122B | $3.406B |
| Short-Term Investments | $22.43B | $22.69B |
| Other Short-Term Assets | $5.182B | $5.612B |
| YoY Change | -7.66% | 42.87% |
| Inventory | $4.381B | $5.302B |
| Prepaid Expenses | ||
| Receivables | $8.958B | $9.843B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $43.08B | $46.85B |
| YoY Change | -8.05% | -1.7% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $13.29B | $15.73B |
| YoY Change | -15.55% | -5.4% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $11.48B | $4.856B |
| YoY Change | 136.37% | 24.77% |
| Other Assets | $4.122B | $5.949B |
| YoY Change | -30.71% | 178.25% |
| Total Long-Term Assets | $68.07B | $68.42B |
| YoY Change | -0.51% | 0.78% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $43.08B | $46.85B |
| Total Long-Term Assets | $68.07B | $68.42B |
| Total Assets | $111.1B | $115.3B |
| YoY Change | -3.57% | -0.24% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.751B | $2.270B |
| YoY Change | -22.86% | 12.43% |
| Accrued Expenses | $1.667B | $1.974B |
| YoY Change | -15.55% | 3.73% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $8.383B | $4.801B |
| YoY Change | 74.61% | 178.8% |
| Long-Term Debt Due | $937.0M | $1.024B |
| YoY Change | -8.5% | 43.82% |
| Total Short-Term Liabilities | $27.01B | $21.84B |
| YoY Change | 23.7% | -1.19% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $7.963B | $7.314B |
| YoY Change | 8.87% | 31.88% |
| Other Long-Term Liabilities | $15.48B | $13.30B |
| YoY Change | 16.38% | 57.31% |
| Total Long-Term Liabilities | $23.44B | $20.61B |
| YoY Change | 13.71% | 47.24% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $27.01B | $21.84B |
| Total Long-Term Liabilities | $23.44B | $20.61B |
| Total Liabilities | $53.59B | $50.26B |
| YoY Change | 6.63% | 13.74% |
| 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 | $57.56B | $65.01B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $111.1B | $115.3B |
| YoY Change | -3.57% | -0.24% |
Cashflow Statement
| Concept | 2008 | 2007 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $8.104B | $8.144B |
| YoY Change | -0.49% | -57.88% |
| Depreciation, Depletion And Amortization | $5.090B | $5.200B |
| YoY Change | -2.12% | -1.76% |
| Cash From Operating Activities | $18.24B | $13.35B |
| YoY Change | 36.58% | -24.1% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$1.701B | -$1.880B |
| YoY Change | -9.52% | -14.66% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$11.13B | $2.675B |
| YoY Change | -516.22% | -63.38% |
| Cash From Investing Activities | -$12.84B | $795.0M |
| YoY Change | -1714.47% | -84.41% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -6.560B | -12.61B |
| YoY Change | -47.98% | -45.41% |
| NET CHANGE | ||
| Cash From Operating Activities | 18.24B | 13.35B |
| Cash From Investing Activities | -12.84B | 795.0M |
| Cash From Financing Activities | -6.560B | -12.61B |
| Net Change In Cash | -1.157B | 1.538B |
| YoY Change | -175.23% | -479.75% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $18.24B | $13.35B |
| Capital Expenditures | -$1.701B | -$1.880B |
| Free Cash Flow | $19.94B | $15.23B |
| YoY Change | 30.89% | -23.05% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2008Q4 | pfe |
Current Deferred Tax Liabilities And Other Current Liabilities
CurrentDeferredTaxLiabilitiesAndOtherCurrentLiabilities
|
11456000000 | USD |
| CY2008Q4 | pfe |
Current Deferred Tax Assets And Other Assets Current
CurrentDeferredTaxAssetsAndOtherAssetsCurrent
|
5034000000 | USD |
| CY2008Q4 | pfe |
Non Current Deferred Tax Assets And Other Assets Noncurrent
NonCurrentDeferredTaxAssetsAndOtherAssetsNoncurrent
|
4122000000 | USD |
| CY2007 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-7235000000 | USD |
| CY2009 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
8888000000 | USD |
| CY2008 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
8112000000 | USD |
| CY2007 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
11239000000 | USD |
| CY2009 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
14875000000 | USD |
| CY2008 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
14537000000 | USD |
| CY2007 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
15626000000 | USD |
| CY2009 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
7845000000 | USD |
| CY2008 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
7945000000 | USD |
| CY2007 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
8089000000 | USD |
