$RIG
Transocean Ltd.

2014 Q2 Form 10-Q Financial Statement

#000145150514000111 Filed on August 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q2
Revenue $2.328B $2.339B $2.364B
YoY Change -1.52% 7.1% 1.5%
Cost Of Revenue $1.213B $1.269B $1.357B
YoY Change -10.61% -6.42% -35.53%
Gross Profit $1.115B $1.070B $1.007B
YoY Change 10.72% 29.23% 349.55%
Gross Profit Margin 47.9% 45.75% 42.6%
Selling, General & Admin $63.00M $57.00M $77.00M
YoY Change -18.18% -14.93% -2.53%
% of Gross Profit 5.65% 5.33% 7.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $288.0M $273.0M $286.0M
YoY Change 0.7% -0.73% 2.14%
% of Gross Profit 25.83% 25.51% 28.4%
Operating Expenses $351.0M $330.0M $363.0M
YoY Change -3.31% -3.51% 1.11%
Operating Profit $765.0M $672.0M $605.0M
YoY Change 26.45% 40.29% -526.06%
Interest Expense $112.0M $126.0M $146.0M
YoY Change -23.29% -19.75% -20.22%
% of Operating Profit 14.64% 18.75% 24.13%
Other Income/Expense, Net -$89.00M -$118.0M -$151.0M
YoY Change -41.06% -16.31% -14.2%
Pretax Income $676.0M $554.0M $454.0M
YoY Change 48.9% 63.91% -242.77%
Income Tax $72.00M $80.00M $132.0M
% Of Pretax Income 10.65% 14.44% 29.07%
Net Earnings $587.0M $456.0M $307.0M
YoY Change 91.21% 42.06% -200.99%
Net Earnings / Revenue 25.21% 19.5% 12.99%
Basic Earnings Per Share $1.61 $1.25 $0.84
Diluted Earnings Per Share $1.61 $1.25 $0.84
COMMON SHARES
Basic Shares Outstanding 362.0M shares 361.0M shares 360.0M shares
Diluted Shares Outstanding 362.0M shares 361.0M shares 360.0M shares

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.117B $1.987B $3.357B
YoY Change -36.94% -46.14% -15.31%
Cash & Equivalents $2.117B $1.987B $3.357B
Short-Term Investments
Other Short-Term Assets $299.0M $346.0M $414.0M
YoY Change -27.78% -13.5% -31.34%
Inventory $816.0M $768.0M $680.0M
Prepaid Expenses
Receivables $2.214B $2.217B $2.105B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.760B $5.633B $6.866B
YoY Change -16.11% -21.03% -6.8%
LONG-TERM ASSETS
Property, Plant & Equipment $22.38B $22.35B $21.06B
YoY Change 6.29% 6.28% -5.18%
Goodwill $2.987B $2.987B $2.987B
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $939.0M $924.0M $1.306B
YoY Change -28.1% -39.33% -26.17%
Total Long-Term Assets $26.31B $26.26B $25.35B
YoY Change 3.78% 2.83% -6.37%
TOTAL ASSETS
Total Short-Term Assets $5.760B $5.633B $6.866B
Total Long-Term Assets $26.31B $26.26B $25.35B
Total Assets $32.07B $31.90B $32.22B
YoY Change -0.46% -2.38% -6.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $764.0M $931.0M $921.0M
YoY Change -17.05% 10.44% 0.44%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $159.0M $162.0M $191.0M
YoY Change -16.75% -38.64% -93.18%
Total Short-Term Liabilities $3.397B $2.763B $3.795B
YoY Change -10.49% -18.16% -43.58%
LONG-TERM LIABILITIES
Long-Term Debt $10.30B $10.31B $10.61B
YoY Change -2.92% -6.01% 5.67%
Other Long-Term Liabilities $1.236B $1.281B $1.787B
YoY Change -30.83% -34.48% 13.03%
Total Long-Term Liabilities $11.89B $11.96B $12.76B
YoY Change -6.78% -9.91% 9.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.397B $2.763B $3.795B
Total Long-Term Liabilities $11.89B $11.96B $12.76B
Total Liabilities $15.29B $14.72B $16.55B
YoY Change -7.63% -11.58% -12.05%
SHAREHOLDERS EQUITY
Retained Earnings $6.305B $5.718B $4.483B
YoY Change 40.64% 36.93%
Common Stock $5.167B $5.164B $5.142B
YoY Change 0.49% 0.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $240.0M $240.0M $240.0M
YoY Change 0.0% 0.0%
Treasury Stock Shares 2.863M shares 2.863M shares 2.863M shares
Shareholders Equity $16.76B $17.17B $15.68B
YoY Change
Total Liabilities & Shareholders Equity $32.07B $31.90B $32.22B
YoY Change -0.46% -2.38% -6.47%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q2
OPERATING ACTIVITIES
Net Income $587.0M $456.0M $307.0M
YoY Change 91.21% 42.06% -200.99%
Depreciation, Depletion And Amortization $288.0M $273.0M $286.0M
YoY Change 0.7% -0.73% 2.14%
Cash From Operating Activities $636.0M $136.0M $416.0M
YoY Change 52.88% 28.3% -9.37%
INVESTING ACTIVITIES
Capital Expenditures $351.0M $1.131B $352.0M
YoY Change -0.28% 131.76% 70.05%
Acquisitions
YoY Change
Other Investing Activities $130.0M $12.00M -$3.000M
YoY Change -4433.33% -233.33% -76.92%
Cash From Investing Activities -$221.0M -$1.038B -$161.0M
YoY Change 37.27% 150.12% 159.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $6.000M $237.0M $406.0M
YoY Change -98.52% -80.08% 134.68%
Cash From Financing Activities -$285.0M -$354.0M -$587.0M
YoY Change -51.45% -68.84% 41.45%
NET CHANGE
Cash From Operating Activities $636.0M $136.0M $416.0M
Cash From Investing Activities -$221.0M -$1.038B -$161.0M
Cash From Financing Activities -$285.0M -$354.0M -$587.0M
Net Change In Cash $130.0M -$1.256B -$332.0M
YoY Change -139.16% -13.08% 1744.44%
FREE CASH FLOW
Cash From Operating Activities $636.0M $136.0M $416.0M
Capital Expenditures $351.0M $1.131B $352.0M
Free Cash Flow $285.0M -$995.0M $64.00M
YoY Change 345.31% 160.47% -74.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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