2008 Form 10-K Financial Statement
#000119312510023041 Filed on February 05, 2010
Income Statement
| Concept | 2008 | 2007 |
|---|---|---|
| Revenue | $27.58B | $23.71B |
| YoY Change | 16.31% | 21.47% |
| Cost Of Revenue | $18.96B | $15.48B |
| YoY Change | 22.45% | 17.43% |
| Gross Profit | $8.618B | $8.227B |
| YoY Change | 4.75% | 29.89% |
| Gross Profit Margin | 31.25% | 34.7% |
| Selling, General & Admin | $584.0M | $599.0M |
| YoY Change | -2.5% | 12.59% |
| % of Gross Profit | 6.78% | 7.28% |
| Research & Development | $819.0M | $728.0M |
| YoY Change | 12.5% | 17.61% |
| % of Gross Profit | 9.5% | 8.85% |
| Depreciation & Amortization | $2.269B | $1.954B |
| YoY Change | 16.12% | 25.18% |
| % of Gross Profit | 26.33% | 23.75% |
| Operating Expenses | $1.403B | $1.327B |
| YoY Change | 5.73% | 15.29% |
| Operating Profit | $7.215B | $6.900B |
| YoY Change | 4.57% | 33.13% |
| Interest Expense | -$247.0M | -$275.0M |
| YoY Change | -10.18% | 17.02% |
| % of Operating Profit | -3.42% | -3.99% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $6.852B | $6.625B |
| YoY Change | 3.43% | 33.89% |
| Income Tax | $1.430B | $1.448B |
| % Of Pretax Income | 20.87% | 21.86% |
| Net Earnings | $5.435B | $5.177B |
| YoY Change | 4.98% | 39.54% |
| Net Earnings / Revenue | 19.71% | 21.84% |
| Basic Earnings Per Share | $4.54 | $4.36 |
| Diluted Earnings Per Share | $4.440M | $4.178M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2008 | 2007 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.692B | $3.169B |
| YoY Change | 16.5% | 5.67% |
| Cash & Equivalents | ||
| Short-Term Investments | $3.503B | $2.972B |
| Other Short-Term Assets | $1.117B | $887.0M |
| YoY Change | 25.93% | 27.08% |
| Inventory | $1.919B | $1.638B |
| Prepaid Expenses | ||
| Receivables | $6.258B | $5.361B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $12.99B | $11.06B |
| YoY Change | 17.47% | 20.35% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $9.690B | $8.008B |
| YoY Change | 21.0% | 43.62% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $2.340B | $1.852B |
| YoY Change | 26.35% | 36.08% |
| Other Assets | $1.069B | $893.0M |
| YoY Change | 19.71% | 9.84% |
| Total Long-Term Assets | $19.11B | $16.80B |
| YoY Change | 13.75% | 23.1% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $12.99B | $11.06B |
| Total Long-Term Assets | $19.11B | $16.80B |
| Total Assets | $32.09B | $27.85B |
| YoY Change | 15.23% | 21.99% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.872B | $1.554B |
| YoY Change | 20.46% | 18.54% |
| Accrued Expenses | $1.126B | $1.076B |
| YoY Change | 4.65% | -52.81% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $459.0M | $680.0M |
| YoY Change | -32.5% | -5.42% |
| Long-Term Debt Due | $1.139B | $992.0M |
| YoY Change | 14.82% | 64.51% |
| Total Short-Term Liabilities | $8.175B | $7.505B |
| YoY Change | 8.93% | 16.27% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $3.693B | $3.794B |
| YoY Change | -2.66% | -18.65% |
| Other Long-Term Liabilities | $3.292B | $1.616B |
| YoY Change | 103.71% | 24.88% |
| Total Long-Term Liabilities | $6.985B | $5.410B |
| YoY Change | 29.11% | -9.2% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $8.175B | $7.505B |
| Total Long-Term Liabilities | $6.985B | $5.410B |
| Total Liabilities | $15.23B | $12.98B |
| YoY Change | 17.38% | 4.55% |
| 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 | $16.86B | $14.88B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $32.09B | $27.85B |
| YoY Change | 15.23% | 21.99% |
Cashflow Statement
| Concept | 2008 | 2007 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $5.435B | $5.177B |
| YoY Change | 4.98% | 39.54% |
| Depreciation, Depletion And Amortization | $2.269B | $1.954B |
| YoY Change | 16.12% | 25.18% |
| Cash From Operating Activities | $6.962B | $6.287B |
| YoY Change | 10.74% | 32.5% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$3.723B | -$2.931B |
| YoY Change | 27.02% | 19.29% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$1.420B | -$1.698B |
| YoY Change | -16.37% | -34.79% |
| Cash From Investing Activities | -$5.143B | -$4.629B |
| YoY Change | 11.1% | -8.54% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -1.825B | -1.630B |
| YoY Change | 11.96% | -660.14% |
| NET CHANGE | ||
| Cash From Operating Activities | 6.962B | 6.287B |
| Cash From Investing Activities | -5.143B | -4.629B |
| Cash From Financing Activities | -1.825B | -1.630B |
| Net Change In Cash | -6.000M | 28.00M |
| YoY Change | -121.43% | -212.0% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $6.962B | $6.287B |
| Capital Expenditures | -$3.723B | -$2.931B |
| Free Cash Flow | $10.69B | $9.218B |
| YoY Change | 15.91% | 27.99% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2007 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1954000000 | |
| CY2007 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.36 | |
| CY2007 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
502000000 | |
| CY2007 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
328000000 | |
| CY2007 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
356000000 | |
| CY2007 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
94000000 | |
| CY2007 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
16000000 | |
| CY2007 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1017000000 | |
| CY2007 | slb |
Increase Decrease Other Current Assets
IncreaseDecreaseOtherCurrentAssets
|
92000000 | |
| CY2009 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2476000000 | |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.62 | |
| CY2009 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-293000000 | |
| CY2009 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-361000000 | |
| CY2009 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-64000000 | |
| CY2009 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-165000000 | |
| CY2009 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
43000000 | |
| CY2009 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-155000000 | |
| CY2009 | slb |
Increase Decrease Other Current Assets
IncreaseDecreaseOtherCurrentAssets
|
-9000000 | |
| CY2008 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2269000000 | |
| CY2008 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.54 | |
| CY2008 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
683000000 | |
| CY2008 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-94000000 | |
| CY2008 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
299000000 | |
| CY2008 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-57000000 | |
| CY2008 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
97000000 | |
| CY2008 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
944000000 | |
| CY2008 | slb |
Increase Decrease Other Current Assets
IncreaseDecreaseOtherCurrentAssets
|
198000000 |
