2009 Q2 Form 10-Q Financial Statement

#000119312509154939 Filed on July 24, 2009

View on sec.gov

Income Statement

Concept 2009 Q2 2008 Q2
Revenue $3.303B $4.568B
YoY Change -27.69% 12.9%
Cost Of Revenue $769.0M $1.653B
YoY Change -53.48% 11.92%
Gross Profit $2.534B $2.915B
YoY Change -13.07% 13.47%
Gross Profit Margin 76.72% 63.81%
Selling, General & Admin $1.283B $1.439B
YoY Change -10.84% 36.14%
% of Gross Profit 50.63% 49.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $350.0M $346.0M
YoY Change 1.16% 5.81%
% of Gross Profit 13.81% 11.87%
Operating Expenses $2.555B $3.637B
YoY Change -29.75% 104.1%
Operating Profit $748.0M $931.0M
YoY Change -19.66% 18.3%
Interest Expense $150.0M $128.0M
YoY Change 17.19% -218.52%
% of Operating Profit 20.05% 13.75%
Other Income/Expense, Net $135.0M $19.00M
YoY Change 610.53% 58.33%
Pretax Income $733.0M $822.0M
YoY Change -10.83% 16.93%
Income Tax $268.0M $291.0M
% Of Pretax Income 36.56% 35.4%
Net Earnings $465.0M $531.0M
YoY Change -12.43% 19.06%
Net Earnings / Revenue 14.08% 11.62%
Basic Earnings Per Share $0.92 $1.03
Diluted Earnings Per Share $0.92 $1.02
COMMON SHARES
Basic Shares Outstanding 502.9M shares 514.3M shares
Diluted Shares Outstanding 505.3M shares 519.0M shares

Balance Sheet

Concept 2009 Q2 2008 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.656B $611.0M
YoY Change 171.03% 17.05%
Cash & Equivalents $1.656B $611.0M
Short-Term Investments
Other Short-Term Assets $271.0M $608.0M
YoY Change -55.43% 3.93%
Inventory $507.0M $580.0M
Prepaid Expenses
Receivables $629.0M $877.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.346B $2.676B
YoY Change 25.04% 17.78%
LONG-TERM ASSETS
Property, Plant & Equipment $36.76B $34.96B
YoY Change 5.16% 4.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $990.0M $979.0M
YoY Change 1.12% 8.06%
Other Assets $451.0M $497.0M
YoY Change -9.26% -35.03%
Total Long-Term Assets $38.20B $36.44B
YoY Change 4.85% 4.01%
TOTAL ASSETS
Total Short-Term Assets $3.346B $2.676B
Total Long-Term Assets $38.20B $36.44B
Total Assets $41.55B $39.11B
YoY Change 6.23% 4.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $667.0M $770.0M
YoY Change -13.38% 3.91%
Accrued Expenses $749.0M $837.0M
YoY Change -10.51% 2.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $174.0M $145.0M
YoY Change 20.0% 5.07%
Total Short-Term Liabilities $2.834B $3.354B
YoY Change -15.5% 6.99%
LONG-TERM LIABILITIES
Long-Term Debt $9.816B $8.154B
YoY Change 20.38% 14.88%
Other Long-Term Liabilities $2.394B $1.818B
YoY Change 31.68% -0.66%
Total Long-Term Liabilities $2.394B $9.972B
YoY Change -75.99% 11.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.834B $3.354B
Total Long-Term Liabilities $2.394B $9.972B
Total Liabilities $25.53B $23.55B
YoY Change 8.43% 7.73%
SHAREHOLDERS EQUITY
Retained Earnings $14.37B
YoY Change
Common Stock $1.384B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.971B
YoY Change
Treasury Stock Shares
Shareholders Equity $16.02B $15.57B
YoY Change
Total Liabilities & Shareholders Equity $41.55B $39.11B
YoY Change 6.23% 4.85%

Cashflow Statement

Concept 2009 Q2 2008 Q2
OPERATING ACTIVITIES
Net Income $465.0M $531.0M
YoY Change -12.43% 19.06%
Depreciation, Depletion And Amortization $350.0M $346.0M
YoY Change 1.16% 5.81%
Cash From Operating Activities $790.0M $1.001B
YoY Change -21.08% 32.93%
INVESTING ACTIVITIES
Capital Expenditures -$648.0M -$875.0M
YoY Change -25.94% -1.8%
Acquisitions
YoY Change
Other Investing Activities $137.0M $164.0M
YoY Change -16.46% 168.85%
Cash From Investing Activities -$511.0M -$711.0M
YoY Change -28.13% -14.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -89.00M -506.0M
YoY Change -82.41% -50700.0%
NET CHANGE
Cash From Operating Activities 790.0M 1.001B
Cash From Investing Activities -511.0M -711.0M
Cash From Financing Activities -89.00M -506.0M
Net Change In Cash 190.0M -216.0M
YoY Change -187.96% 184.21%
FREE CASH FLOW
Cash From Operating Activities $790.0M $1.001B
Capital Expenditures -$648.0M -$875.0M
Free Cash Flow $1.438B $1.876B
YoY Change -23.35% 14.11%

Facts In Submission

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RepurchaseOfCommonStockNotYetPaid
56000000 USD
us-gaap Liabilities Assumed
LiabilitiesAssumed
14000000 USD
us-gaap Liabilities Assumed
LiabilitiesAssumed
0 USD
us-gaap Interest Paid Net
InterestPaidNet
-277000000 USD
us-gaap Interest Paid Net
InterestPaidNet
-252000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-88000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-210000000 USD
CY2007Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
878000000 USD
CY2008Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
611000000 USD
CY2007Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15585000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
5000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
114000000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
-883000000 USD
us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
0 USD
us-gaap Dividends Cash
DividendsCash
-229000000 USD
CY2008Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15566000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-10000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
820000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
24000000 USD
us-gaap Dividends Cash
DividendsCash
-272000000 USD
CY2009Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16019000000 USD
CY2008Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15447000000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.44 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.54 USD

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0001193125-09-154939.txt Edgar Link pending
d10q.htm Edgar Link pending
defnref.xml Edgar Link unprocessable
dex12a.htm Edgar Link pending
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unp-20090630.xml Edgar Link completed
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