2021 Q2 Form 10-Q Financial Statement
#000156459021038547 Filed on July 28, 2021
Income Statement
Concept | 2021 Q2 | 2020 Q4 | 2020 Q2 |
---|---|---|---|
Revenue | $5.634B | $5.532B | $5.356B |
YoY Change | 5.19% | -32.77% | -35.23% |
Cost Of Revenue | $4.768B | $4.828B | $4.925B |
YoY Change | -3.19% | -32.34% | -31.94% |
Gross Profit | $866.0M | $704.0M | $431.0M |
YoY Change | 100.93% | -35.53% | -58.28% |
Gross Profit Margin | 15.37% | 12.73% | 8.05% |
Selling, General & Admin | $70.00M | $72.00M | $81.00M |
YoY Change | -13.58% | -44.19% | -28.95% |
% of Gross Profit | 8.08% | 10.23% | 18.79% |
Research & Development | $134.0M | $128.0M | $142.0M |
YoY Change | -5.63% | -32.63% | -20.67% |
% of Gross Profit | 15.47% | 18.18% | 32.95% |
Depreciation & Amortization | $352.0M | $583.0M | $417.0M |
YoY Change | -15.59% | -31.25% | -18.87% |
% of Gross Profit | 40.65% | 82.81% | 96.75% |
Operating Expenses | $134.0M | $200.0M | $223.0M |
YoY Change | -39.91% | -37.3% | 24.58% |
Operating Profit | $807.0M | $504.0M | $396.0M |
YoY Change | 103.79% | -34.8% | -59.09% |
Interest Expense | $136.0M | -$75.00M | -$111.0M |
YoY Change | -222.52% | -33.04% | -24.49% |
% of Operating Profit | 16.85% | -14.88% | -28.03% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $542.0M | $471.0M | -$3.627B |
YoY Change | -114.94% | 4.2% | -711.64% |
Income Tax | $99.00M | $89.00M | -$199.0M |
% Of Pretax Income | 18.27% | 18.9% | |
Net Earnings | $431.0M | $374.0M | -$3.434B |
YoY Change | -112.55% | 12.31% | -795.14% |
Net Earnings / Revenue | 7.65% | 6.76% | -64.12% |
Basic Earnings Per Share | $0.31 | -$2.47 | |
Diluted Earnings Per Share | $0.30 | $268.5K | -$2.47 |
COMMON SHARES | |||
Basic Shares Outstanding | 1.398B | 1.392B | 1.388B |
Diluted Shares Outstanding | 1.421B | 1.388B |
Balance Sheet
Concept | 2021 Q2 | 2020 Q4 | 2020 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.682B | $3.006B | $3.589B |
YoY Change | -25.27% | 38.72% | 52.85% |
Cash & Equivalents | $1.439B | $844.0M | |
Short-Term Investments | $1.243B | $2.162B | $2.127B |
Other Short-Term Assets | $781.0M | $1.312B | $1.381B |
YoY Change | -43.45% | -11.71% | 22.76% |
Inventory | $3.267B | $3.354B | $3.601B |
Prepaid Expenses | |||
Receivables | $5.347B | $5.247B | $5.808B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $12.08B | $12.92B | $14.38B |
YoY Change | -16.01% | -16.81% | -11.96% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.473B | $6.826B | $7.729B |
YoY Change | -16.25% | -26.36% | -31.96% |
Goodwill | $12.98B | $12.95B | |
YoY Change | -19.09% | -48.08% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $2.035B | $2.061B | $1.484B |
YoY Change | 37.13% | 31.69% | -4.75% |
Other Assets | $4.025B | $4.193B | $4.499B |
YoY Change | -10.54% | -32.89% | -38.61% |
Total Long-Term Assets | $28.83B | $29.52B | $30.29B |
YoY Change | -4.81% | -27.63% | -44.18% |
TOTAL ASSETS | |||
Total Short-Term Assets | $12.08B | $12.92B | $14.38B |
Total Long-Term Assets | $28.83B | $29.52B | $30.29B |
Total Assets | $40.91B | $42.43B | $44.67B |
YoY Change | -8.42% | -24.64% | -36.72% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.635B | $8.442B | $9.824B |
YoY Change | -22.28% | -20.83% | -0.27% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $36.00M | $850.0M | $603.0M |
YoY Change | -94.03% | 62.21% | 515.31% |
Total Short-Term Liabilities | $8.784B | $10.49B | $11.67B |
YoY Change | -24.7% | -19.9% | -0.92% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $15.69B | $16.04B | $5.000B |
YoY Change | 213.74% | 8.57% | -70.55% |
Other Long-Term Liabilities | $3.378B | $2.369B | $3.741B |
YoY Change | -9.7% | -15.69% | 19.98% |
Total Long-Term Liabilities | $15.69B | $18.41B | $5.000B |
YoY Change | 213.74% | 4.69% | -75.12% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.784B | $10.49B | $11.67B |
Total Long-Term Liabilities | $15.69B | $18.41B | $5.000B |
Total Liabilities | $28.15B | $29.95B | $32.63B |
YoY Change | -13.73% | -6.82% | -4.93% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $7.018B | ||
YoY Change | -62.57% | ||
Common Stock | $12.97B | ||
YoY Change | -0.83% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $3.033B | ||
YoY Change | -16.47% | ||
Treasury Stock Shares | |||
Shareholders Equity | $12.76B | $12.07B | $12.04B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $40.91B | $42.43B | $44.67B |
YoY Change | -8.42% | -24.64% | -36.72% |
Cashflow Statement
Concept | 2021 Q2 | 2020 Q4 | 2020 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $431.0M | $374.0M | -$3.434B |
YoY Change | -112.55% | 12.31% | -795.14% |
Depreciation, Depletion And Amortization | $352.0M | $583.0M | $417.0M |
YoY Change | -15.59% | -31.25% | -18.87% |
Cash From Operating Activities | $1.220B | $878.0M | $803.0M |
YoY Change | 51.93% | -61.01% | -27.53% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$243.0M | -$258.0M | -$251.0M |
YoY Change | -3.19% | -47.77% | -37.87% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $258.0M | $504.0M | -$296.0M |
YoY Change | -187.16% | 73.2% | 23.33% |
Cash From Investing Activities | $15.00M | $246.0M | -$547.0M |
YoY Change | -102.74% | -221.18% | -15.06% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.070B | -1.504B | -167.0M |
YoY Change | 540.72% | -28.28% | -28.63% |
NET CHANGE | |||
Cash From Operating Activities | 1.220B | 878.0M | 803.0M |
Cash From Investing Activities | 15.00M | 246.0M | -547.0M |
Cash From Financing Activities | -1.070B | -1.504B | -167.0M |
Net Change In Cash | 165.0M | -380.0M | 89.00M |
YoY Change | 85.39% | 691.67% | -61.3% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.220B | $878.0M | $803.0M |
Capital Expenditures | -$243.0M | -$258.0M | -$251.0M |
Free Cash Flow | $1.463B | $1.136B | $1.054B |
YoY Change | 38.8% | -58.63% | -30.29% |
Facts In Submission
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us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
928000000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
12811000000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-11716000000 | ||
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5634000000 | |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5356000000 | |
CY2021Q2 | slb |
Contract With Customer Liability Revenue In Excess Of Billings
ContractWithCustomerLiabilityRevenueInExcessOfBillings
|
200000000 | |
CY2020Q4 | slb |
Contract With Customer Liability Revenue In Excess Of Billings
ContractWithCustomerLiabilityRevenueInExcessOfBillings
|
200000000 | |
CY2021Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
3000000000.0 | |
slb |
Percentage Of Deferred Revenue Expected To Be Recognized Within One Year
PercentageOfDeferredRevenueExpectedToBeRecognizedWithinOneYear
|
0.50 | ||
CY2021Q2 | slb |
Contract With Customer Liability Revenue In Excess Of Billings And Cash Collections Current
ContractWithCustomerLiabilityRevenueInExcessOfBillingsAndCashCollectionsCurrent
|
1000000000.0 | |
CY2020Q4 | slb |
Contract With Customer Liability Revenue In Excess Of Billings And Cash Collections Current
ContractWithCustomerLiabilityRevenueInExcessOfBillingsAndCashCollectionsCurrent
|
900000000 |