2010 Form 10-K Financial Statement
#000139331111000011 Filed on March 01, 2011
Income Statement
| Concept | 2010 | 2009 | 2008 |
|---|---|---|---|
| Revenue | $1.631B | $1.607B | $1.719B |
| YoY Change | 1.49% | -6.48% | -3.58% |
| Cost Of Revenue | $545.9M | $536.6M | $553.5M |
| YoY Change | 1.73% | -3.05% | -12.02% |
| Gross Profit | $1.085B | $1.071B | $1.165B |
| YoY Change | 1.36% | -8.11% | 1.03% |
| Gross Profit Margin | 66.54% | 66.62% | 67.8% |
| Selling, General & Admin | $38.50M | $35.70M | $62.80M |
| YoY Change | 7.84% | -43.15% | 5.19% |
| % of Gross Profit | 3.55% | 3.33% | 5.39% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $354.4M | $342.1M | $414.2M |
| YoY Change | 3.6% | -17.41% | -33.5% |
| % of Gross Profit | 32.65% | 31.95% | 35.54% |
| Operating Expenses | $391.7M | $374.7M | $470.6M |
| YoY Change | 4.54% | -20.38% | -30.64% |
| Operating Profit | $693.7M | $696.1M | $694.7M |
| YoY Change | -0.34% | 0.2% | 46.28% |
| Interest Expense | -$5.100M | $62.80M | -$48.90M |
| YoY Change | -108.12% | -228.43% | -752.0% |
| % of Operating Profit | -0.74% | 9.02% | -7.04% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $688.4M | $796.4M | $981.7M |
| YoY Change | -13.56% | -18.88% | 101.33% |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | 0.0% | 0.0% | 0.0% |
| Net Earnings | $672.0M | $834.6M | $935.2M |
| YoY Change | -19.48% | -10.76% | 104.42% |
| Net Earnings / Revenue | 41.19% | 51.92% | 54.41% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $3.958M | $4.944M | $5.544M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 168.9M | 168.4M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 | 2009 | 2008 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $456.0M | $764.0M | $681.0M |
| YoY Change | -40.31% | 12.19% | 177.96% |
| Cash & Equivalents | $456.0M | $764.0M | $681.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $456.0M | $764.0M | $681.0M |
| YoY Change | -40.31% | 12.19% | 177.96% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $7.533B | $7.562B | $7.822B |
| YoY Change | -0.38% | -3.32% | -18.38% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $704.0M | $612.0M | $545.0M |
| YoY Change | 15.03% | 12.29% | 77.52% |
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $9.039B | $9.042B | $9.255B |
| YoY Change | -0.03% | -2.3% | -10.99% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $456.0M | $764.0M | $681.0M |
| Total Long-Term Assets | $9.039B | $9.042B | $9.255B |
| Total Assets | $9.495B | $9.806B | $9.936B |
| YoY Change | -3.17% | -1.31% | -6.64% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | |||
| YoY Change | |||
| Accrued Expenses | $206.0M | $212.0M | $212.0M |
| YoY Change | -2.83% | 0.0% | -30.03% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $206.0M | $212.0M | $212.0M |
| YoY Change | -2.83% | 0.0% | -37.83% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $568.0M | $519.0M | $644.0M |
| YoY Change | 9.44% | -19.41% | -37.6% |
| Other Long-Term Liabilities | |||
| YoY Change | |||
| Total Long-Term Liabilities | $568.0M | $519.0M | $644.0M |
| YoY Change | 9.44% | -19.41% | -37.6% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $206.0M | $212.0M | $212.0M |
| Total Long-Term Liabilities | $568.0M | $519.0M | $644.0M |
| Total Liabilities | $819.0M | $877.0M | $1.227B |
| YoY Change | -6.61% | -28.52% | -34.73% |
| 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 | $8.677B | $8.928B | $8.709B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $9.495B | $9.806B | $9.936B |
| YoY Change | -3.17% | -1.31% | -6.64% |
Cashflow Statement
| Concept | 2010 | 2009 | 2008 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $672.0M | $834.6M | $935.2M |
| YoY Change | -19.48% | -10.76% | 104.42% |
| Depreciation, Depletion And Amortization | $354.4M | $342.1M | $414.2M |
| YoY Change | 3.6% | -17.41% | -33.5% |
| Cash From Operating Activities | $1.093B | $1.113B | $1.077B |
| YoY Change | -1.77% | 3.33% | 2.8% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$202.2M | -$76.50M | -$194.5M |
| YoY Change | 164.31% | -60.67% | -26.38% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$64.40M | -$14.90M | $534.5M |
| YoY Change | 332.21% | -102.79% | 23139.13% |
| Cash From Investing Activities | -$266.6M | -$91.40M | $340.0M |
| YoY Change | 191.68% | -126.88% | -229.82% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.133B | -938.4M | -984.1M |
| YoY Change | 20.71% | -4.64% | -9.01% |
| NET CHANGE | |||
| Cash From Operating Activities | 1.093B | 1.113B | 1.077B |
| Cash From Investing Activities | -266.6M | -91.40M | 340.0M |
| Cash From Financing Activities | -1.133B | -938.4M | -984.1M |
| Net Change In Cash | -306.1M | 83.10M | 432.9M |
| YoY Change | -468.35% | -80.8% | -246.4% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.093B | $1.113B | $1.077B |
| Capital Expenditures | -$202.2M | -$76.50M | -$194.5M |
| Free Cash Flow | $1.295B | $1.189B | $1.272B |
| YoY Change | 8.91% | -6.46% | -3.08% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
168877000 | |
| CY2008 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-25362000 | |
| CY2009 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
9662000 | |
| CY2010 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-42264000 | |
| CY2008 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease
|
-69504000 | |
| CY2009 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease
|
26591000 | |
| CY2010 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease
|
-43035000 |
