2022 Q1 Form 10-Q Financial Statement

#000031670922000018 Filed on May 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $4.672B $4.715B
YoY Change -0.91% 80.17%
Cost Of Revenue $136.0M $104.0M
YoY Change 30.77% -23.53%
Gross Profit $4.672B $4.715B
YoY Change -0.91% 80.17%
Gross Profit Margin 100.0% 100.0%
Selling, General & Admin $2.214B $2.041B
YoY Change 8.48% 49.74%
% of Gross Profit 47.39% 43.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $304.0M $283.0M
YoY Change 7.42% 194.79%
% of Gross Profit 6.51% 6.0%
Operating Expenses $2.742B $2.640B
YoY Change 3.86% 68.15%
Operating Profit $1.930B $2.075B
YoY Change -6.99% 98.19%
Interest Expense $136.0M $104.0M
YoY Change 30.77% -23.53%
% of Operating Profit 7.05% 5.01%
Other Income/Expense, Net $156.0M $238.0M
YoY Change -34.45% 209.09%
Pretax Income $1.839B $1.960B
YoY Change -6.17% 87.2%
Income Tax $437.0M $476.0M
% Of Pretax Income 23.76% 24.29%
Net Earnings $1.402B $1.484B
YoY Change -5.53% 86.67%
Net Earnings / Revenue 30.01% 31.47%
Basic Earnings Per Share $0.67 $0.74
Diluted Earnings Per Share $0.67 $0.73
COMMON SHARES
Basic Shares Outstanding 1.894B shares 1.882B shares
Diluted Shares Outstanding 1.905B shares 1.892B shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $91.13B $48.18B
YoY Change 89.13% -29.62%
Cash & Equivalents $91.13B $48.18B
Short-Term Investments
Other Short-Term Assets $27.01B
YoY Change 56.42%
Inventory
Prepaid Expenses
Receivables $84.13B $74.71B
Other Receivables $0.00 $0.00
Total Short-Term Assets $175.3B $149.9B
YoY Change 16.92% 43.14%
LONG-TERM ASSETS
Property, Plant & Equipment $3.499B $3.054B
YoY Change 14.57% 33.3%
Goodwill $11.95B $11.95B
YoY Change 0.0% 874.08%
Intangibles $9.227B
YoY Change
Long-Term Investments $391.3B $355.4B
YoY Change 10.11% 49.16%
Other Assets $40.43B $27.01B
YoY Change 49.72% 56.42%
Total Long-Term Assets $505.7B $413.6B
YoY Change 22.28% 55.44%
TOTAL ASSETS
Total Short-Term Assets $175.3B $149.9B
Total Long-Term Assets $505.7B $413.6B
Total Assets $681.0B $563.5B
YoY Change 20.85% 51.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $125.3B $101.3B
YoY Change 23.65% 105.76%
Accrued Expenses $15.61B $16.43B
YoY Change -4.97% 77.43%
Deferred Revenue
YoY Change
Short-Term Debt $4.234B $2.500B
YoY Change 69.36% -99.1%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $611.0B $490.2B
YoY Change 24.65% 45.89%
LONG-TERM LIABILITIES
Long-Term Debt $21.87B $17.70B
YoY Change 23.59% 107.67%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $21.87B $17.70B
YoY Change 23.59% 107.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $611.0B $490.2B
Total Long-Term Liabilities $21.87B $17.70B
Total Liabilities $632.9B $507.9B
YoY Change 24.61% 47.42%
SHAREHOLDERS EQUITY
Retained Earnings $26.90B $23.03B
YoY Change 16.79% 12.41%
Common Stock $20.00M
YoY Change 33.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.293B $5.502B
YoY Change -3.8% -4.05%
Treasury Stock Shares 178.8M shares 188.9M shares
Shareholders Equity $48.10B $55.59B
YoY Change
Total Liabilities & Shareholders Equity $681.0B $563.5B
YoY Change 20.85% 51.97%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $1.402B $1.484B
YoY Change -5.53% 86.67%
Depreciation, Depletion And Amortization $304.0M $283.0M
YoY Change 7.42% 194.79%
Cash From Operating Activities $3.053B -$4.742B
YoY Change -164.38% -146.87%
INVESTING ACTIVITIES
Capital Expenditures $296.0M $186.0M
YoY Change 59.14% 19.23%
Acquisitions
YoY Change
Other Investing Activities $34.00M $38.00M
YoY Change -10.53% 72.73%
Cash From Investing Activities -$3.642B -$13.16B
YoY Change -72.32% -31.45%
FINANCING ACTIVITIES
Cash Dividend Paid $509.0M $445.0M
YoY Change 14.38% 58.36%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $24.61B $20.78B
YoY Change 18.43% -64.3%
NET CHANGE
Cash From Operating Activities $3.053B -$4.742B
Cash From Investing Activities -$3.642B -$13.16B
Cash From Financing Activities $24.61B $20.78B
Net Change In Cash $24.02B $2.879B
YoY Change 734.32% -94.14%
FREE CASH FLOW
Cash From Operating Activities $3.053B -$4.742B
Capital Expenditures $296.0M $186.0M
Free Cash Flow $2.757B -$4.928B
YoY Change -155.95% -149.47%

Facts In Submission

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