2013 Form 10-K Financial Statement
#000031670914000005 Filed on February 24, 2014
Income Statement
| Concept | 2013 | 2011 |
|---|---|---|
| Revenue | $5.549B | $4.691B |
| YoY Change | 13.64% | 10.43% |
| Cost Of Revenue | $175.0M | |
| YoY Change | -12.06% | |
| Gross Profit | $4.740B | |
| YoY Change | 9.95% | |
| Gross Profit Margin | 101.04% | |
| Selling, General & Admin | $3.228B | $2.868B |
| YoY Change | 8.94% | 10.78% |
| % of Gross Profit | 60.51% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $202.0M | $155.0M |
| YoY Change | 3.06% | 6.16% |
| % of Gross Profit | 3.27% | |
| Operating Expenses | $3.729B | $3.323B |
| YoY Change | 7.59% | 9.35% |
| Operating Profit | $1.417B | |
| YoY Change | 11.4% | |
| Interest Expense | -$105.0M | $175.0M |
| YoY Change | -170.0% | -12.06% |
| % of Operating Profit | 12.35% | |
| Other Income/Expense, Net | $269.0M | |
| YoY Change | -4.61% | |
| Pretax Income | $1.705B | $1.392B |
| YoY Change | 17.59% | 78.69% |
| Income Tax | $634.0M | $528.0M |
| % Of Pretax Income | 37.18% | 37.93% |
| Net Earnings | $1.071B | $864.0M |
| YoY Change | 15.41% | 90.31% |
| Net Earnings / Revenue | 19.3% | 18.42% |
| Basic Earnings Per Share | $0.70 | |
| Diluted Earnings Per Share | $828.3K | $0.70 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.285B | 1.227B shares |
| Diluted Shares Outstanding | 1.293B | 1.229B |
Balance Sheet
| Concept | 2013 | 2011 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $7.728B | $8.679B |
| YoY Change | -38.97% | 76.01% |
| Cash & Equivalents | $7.728B | $8.679B |
| Short-Term Investments | ||
| Other Short-Term Assets | $85.00M | $153.0M |
| YoY Change | -25.44% | -11.05% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $14.79B | $11.63B |
| Other Receivables | $0.00 | $142.0M |
| Total Short-Term Assets | $22.60B | $20.61B |
| YoY Change | -16.71% | 19.75% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $790.0M | $685.0M |
| YoY Change | 17.04% | 9.78% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $96.53B | $49.72B |
| YoY Change | 48.48% | 17.97% |
| Other Assets | $9.565B | $26.06B |
| YoY Change | -66.4% | 13.71% |
| Total Long-Term Assets | $121.0B | $87.95B |
| YoY Change | 13.65% | 16.7% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $22.60B | $20.61B |
| Total Long-Term Assets | $121.0B | $87.95B |
| Total Assets | $143.6B | $108.6B |
| YoY Change | 7.49% | 17.27% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $36.80B | $36.59B |
| YoY Change | -11.11% | 13.45% |
| Accrued Expenses | $1.586B | $1.397B |
| YoY Change | -3.35% | -6.62% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $92.97B | $60.85B |
| YoY Change | 17.13% | 20.29% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $131.4B | $98.84B |
| YoY Change | 7.3% | 17.2% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.903B | $2.001B |
| YoY Change | 16.61% | -0.25% |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $1.903B | $2.001B |
| YoY Change | 16.61% | -0.25% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $131.4B | $98.84B |
| Total Long-Term Liabilities | $1.903B | $2.001B |
| Total Liabilities | $133.3B | $100.8B |
| YoY Change | 7.43% | 16.79% |
| 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 | $10.38B | $7.714B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $143.6B | $108.6B |
| YoY Change | 7.49% | 17.27% |
Cashflow Statement
| Concept | 2013 | 2011 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $1.071B | $864.0M |
| YoY Change | 15.41% | 90.31% |
| Depreciation, Depletion And Amortization | $202.0M | $155.0M |
| YoY Change | 3.06% | 6.16% |
| Cash From Operating Activities | $1.656B | $2.464B |
| YoY Change | 30.81% | -27477.78% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$249.0M | $180.0M |
| YoY Change | -268.24% | 39.53% |
| Acquisitions | -$54.00M | |
| YoY Change | -222.73% | |
| Other Investing Activities | -$19.80B | -$7.000M |
| YoY Change | 659933.33% | 40.0% |
| Cash From Investing Activities | -$20.05B | -$8.667B |
| YoY Change | 23.31% | -43.76% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $295.0M | |
| YoY Change | 2.43% | |
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | $116.0M | |
| YoY Change | -43.41% | |
| Cash From Financing Activities | 13.46B | 9.951B |
| YoY Change | -29.08% | -17.82% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.656B | 2.464B |
| Cash From Investing Activities | -20.05B | -8.667B |
| Cash From Financing Activities | 13.46B | 9.951B |
| Net Change In Cash | -4.935B | 3.748B |
| YoY Change | -223.87% | -213.23% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.656B | $2.464B |
| Capital Expenditures | -$249.0M | $180.0M |
| Free Cash Flow | $1.905B | $2.284B |
| YoY Change | 70.39% | -1755.07% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q4 | us-gaap |
Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
|
10782000000 | |
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1285000000 | |
| CY2012Q1 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
18 | |
| CY2012Q2 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
18 | |
| CY2012Q3 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
18 | |
| CY2012Q4 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
18 | |
| CY2013Q1 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
22 | |
| CY2013Q2 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
24 | |
| CY2013Q3 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
30 | |
| CY2013Q4 | schw |
Price To Earnings Ratio Lower Limit
PriceToEarningsRatioLowerLimit
|
26 | |
| CY2012Q1 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
23 | |
| CY2012Q2 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
22 | |
| CY2012Q3 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
22 | |
| CY2012Q4 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
21 | |
| CY2013Q1 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
26 | |
| CY2013Q2 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
32 | |
| CY2012Q4 | schw |
Securities With Unrealized Losses Total Fair Value
SecuritiesWithUnrealizedLossesTotalFairValue
|
7895000000 | |
| CY2013Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss
|
941000000 | |
| CY2012Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
6545000000 | |
| CY2013Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
36767000000 | |
| CY2012Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss
|
66000000 | |
| CY2013Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss
|
289000000 | |
| CY2012Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
1350000000 | |
| CY2013Q4 | schw |
Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
4461000000 | |
| CY2013Q4 | schw |
Securities With Unrealized Losses Total Fair Value
SecuritiesWithUnrealizedLossesTotalFairValue
|
41228000000 | |
| CY2012Q4 | schw |
Securities With Unrealized Losses Total Unrealized Loss
SecuritiesWithUnrealizedLossesTotalUnrealizedLoss
|
93000000 | |
| CY2013Q4 | schw |
Securities With Unrealized Losses Total Unrealized Loss
SecuritiesWithUnrealizedLossesTotalUnrealizedLoss
|
1230000000 | |
| CY2013Q3 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
32 | |
| CY2013 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1293000000 | |
| CY2013Q4 | schw |
Price To Earnings Ratio Upper Limit
PriceToEarningsRatioUpperLimit
|
33 | |
| CY2012Q4 | schw |
Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Loss
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss
|
27000000 | |
| CY2012Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
417000000 | |
| CY2013Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
328000000 | |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
-170000000 | |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
28000000 | |
| CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.025 | |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.012 | |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.023 | |
| CY2013Q4 | us-gaap |
Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
|
12467000000 | |
| CY2011 | us-gaap |
Other Income
OtherIncome
|
160000000 | |
| CY2012 | us-gaap |
Other Income
OtherIncome
|
256000000 | |
| CY2013 | us-gaap |
Other Income
OtherIncome
|
236000000 | |
| CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1229000000 | |
| CY2012 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1275000000 |
