2022 Q3 Form 10-Q Financial Statement

#000073271722000093 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $30.04B $29.64B $38.11B
YoY Change -24.75% -17.06% -13.28%
Cost Of Revenue $12.20B $12.34B $12.74B
YoY Change -31.56% -23.62% -39.61%
Gross Profit $17.84B $17.30B $16.98B
YoY Change -19.25% -11.64% -25.71%
Gross Profit Margin 59.39% 58.37% 44.55%
Selling, General & Admin $7.202B $7.265B $9.368B
YoY Change -21.78% -4.17% -0.15%
% of Gross Profit 40.37% 41.99% 55.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.514B $4.450B $5.539B
YoY Change -19.67% 0.47% -4.65%
% of Gross Profit 25.3% 25.72% 32.63%
Operating Expenses $11.72B $7.265B $9.368B
YoY Change 27.25% -4.17% -0.15%
Operating Profit $6.126B $4.956B $5.641B
YoY Change -13.83% -34.55% -26.37%
Interest Expense -$1.028B $1.502B $1.722B
YoY Change -161.67% -8.41% -7.91%
% of Operating Profit -16.78% 30.31% 30.53%
Other Income/Expense, Net $1.854B $1.304B $966.0M
YoY Change 163.73% -388.5% -59.8%
Pretax Income $7.254B $6.260B $6.607B
YoY Change -7.14% -12.08% -34.35%
Income Tax $908.0M $1.509B $1.443B
% Of Pretax Income 12.52% 24.11% 21.84%
Net Earnings $6.026B $4.157B $4.810B
YoY Change 1.82% 164.78% -36.29%
Net Earnings / Revenue 20.06% 14.02% 12.62%
Basic Earnings Per Share $0.83 $0.57 $0.66
Diluted Earnings Per Share $788.0K $0.56 $0.65
COMMON SHARES
Basic Shares Outstanding 7.126B shares 7.169B shares 7.184B shares
Diluted Shares Outstanding 7.647B shares 7.611B shares 7.556B shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.423B $4.018B $38.57B
YoY Change -88.61% -66.15% 240.02%
Cash & Equivalents $2.423B $4.018B $38.57B
Short-Term Investments
Other Short-Term Assets $14.55B $9.100B $11.18B
YoY Change 16.59% -67.66% -67.54%
Inventory $3.935B $3.241B $3.153B
Prepaid Expenses $3.935B $3.241B $3.153B
Receivables $11.38B $11.38B $17.22B
Other Receivables $0.00 $4.279B $4.306B
Total Short-Term Assets $32.30B $34.49B $76.86B
YoY Change -43.57% -45.15% 22.47%
LONG-TERM ASSETS
Property, Plant & Equipment $148.8B $146.9B $151.1B
YoY Change 0.05% -0.7% 1.39%
Goodwill $92.73B $92.75B $133.2B
YoY Change -30.63% -31.11% -1.42%
Intangibles
YoY Change
Long-Term Investments $3.964B $4.523B $5.943B
YoY Change -54.06% 144.09% 229.25%
Other Assets $19.43B $18.81B $22.29B
YoY Change -10.64% -12.92% 3.7%
Total Long-Term Assets $394.2B $391.9B $500.3B
YoY Change -19.54% -18.66% 3.33%
TOTAL ASSETS
Total Short-Term Assets $32.30B $34.49B $76.86B
Total Long-Term Assets $394.2B $391.9B $500.3B
Total Assets $426.5B $426.4B $577.2B
YoY Change -22.05% -21.71% 5.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.64B $33.19B $43.15B
YoY Change -17.06% -25.71% -3.42%
Accrued Expenses $3.468B $3.466B $3.694B
YoY Change -5.63% 25.81% 3.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.897B $6.829B $28.38B
YoY Change -60.31% -71.56% 45.5%
Total Short-Term Liabilities $52.26B $49.19B $82.49B
YoY Change -35.96% -40.11% 7.68%
LONG-TERM LIABILITIES
Long-Term Debt $123.9B $129.7B $180.2B
YoY Change -20.44% -16.7% 12.15%
Other Long-Term Liabilities $54.32B $28.37B $29.75B
YoY Change 84.34% -1.26% 5.37%
Total Long-Term Liabilities $178.2B $28.37B $29.75B
YoY Change 504.67% -1.26% 5.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $52.26B $49.19B $82.49B
Total Long-Term Liabilities $178.2B $28.37B $29.75B
Total Liabilities $304.1B $77.55B $112.2B
YoY Change 173.76% -30.04% 7.06%
SHAREHOLDERS EQUITY
Retained Earnings $6.127B $2.128B $45.04B
YoY Change -85.09% -94.54% 9.45%
Common Stock $130.6B $130.5B $137.3B
YoY Change -5.16% -5.15% -0.16%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.15B $17.16B $16.55B
YoY Change -0.99% -0.99% -4.55%
Treasury Stock Shares 494.6M shares 494.8M shares 461.9M shares
Shareholders Equity $122.4B $117.7B $169.0B
YoY Change
Total Liabilities & Shareholders Equity $426.5B $426.4B $577.2B
YoY Change -22.05% -21.71% 5.52%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $6.026B $4.157B $4.810B
YoY Change 1.82% 164.78% -36.29%
Depreciation, Depletion And Amortization $4.514B $4.450B $5.539B
YoY Change -19.67% 0.47% -4.65%
Cash From Operating Activities $10.07B $5.907B $5.732B
YoY Change 2.08% -45.86% -42.26%
INVESTING ACTIVITIES
Capital Expenditures -$5.921B -$4.728B -$4.748B
YoY Change 15.76% 33.26% 17.73%
Acquisitions $9.244B
YoY Change -59.6%
Other Investing Activities $378.0M $940.0M -$15.00M
YoY Change -95.51% -506.93% 7.14%
Cash From Investing Activities -$5.543B -$3.788B -$12.65B
YoY Change -268.07% 0.24% -52.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $197.0M
YoY Change 11.93%
Debt Paid & Issued, Net $199.0M $23.42B $790.0M
YoY Change -60.04% 9158.1% -12.42%
Cash From Financing Activities -6.151B -36.65B $24.25B
YoY Change 64.69% 456.74% 31.21%
NET CHANGE
Cash From Operating Activities 10.07B 5.907B $5.732B
Cash From Investing Activities -5.543B -3.788B -$12.65B
Cash From Financing Activities -6.151B -36.65B $24.25B
Net Change In Cash -1.623B -34.53B $17.33B
YoY Change -117.21% -6401.28% 1012.45%
FREE CASH FLOW
Cash From Operating Activities $10.07B $5.907B $5.732B
Capital Expenditures -$5.921B -$4.728B -$4.748B
Free Cash Flow $15.99B $10.64B $10.48B
YoY Change 6.75% -26.44% -24.93%

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