2018 Q4 Form 10-Q Financial Statement

#000119312518316582 Filed on November 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $5.699B $5.567B
YoY Change 2.37% 3.32%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $247.0M $227.0M
YoY Change 8.81% -6.58%
% of Gross Profit
Depreciation & Amortization $121.0M $118.0M $117.0M
YoY Change 2.54% 0.85% 0.0%
% of Gross Profit
Operating Expenses $247.0M $227.0M
YoY Change 8.81% -6.58%
Operating Profit
YoY Change
Interest Expense $872.0M $528.0M
YoY Change 65.15% 23.65%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.153B $2.282B $2.158B
YoY Change 64.23% 5.75% 3.65%
Income Tax $291.0M $460.0M $589.0M
% Of Pretax Income 13.52% 20.16% 27.29%
Net Earnings $1.856B $1.815B $1.563B
YoY Change 10.34% 16.12% 4.06%
Net Earnings / Revenue 31.85% 28.08%
Basic Earnings Per Share $1.06 $0.89
Diluted Earnings Per Share $1.148M $1.06 $0.88
COMMON SHARES
Basic Shares Outstanding 1.616B shares 1.629B shares 1.672B shares
Diluted Shares Outstanding 1.633B shares 1.678B shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $2.457B $2.438B $2.402B
YoY Change 1.03% 1.5% -1.92%
Goodwill $9.369B $9.530B $9.370B
YoY Change -0.69% 1.71% 0.14%
Intangibles $3.392B $3.544B $3.193B
YoY Change 5.08% 10.99% 10.6%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $467.4B $464.6B $459.2B
YoY Change 1.15% 1.17% 1.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $14.14B $23.87B $15.86B
YoY Change -15.09% 50.53% 1.03%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.14B $23.87B $15.86B
YoY Change -15.09% 50.53% 1.03%
LONG-TERM LIABILITIES
Long-Term Debt $41.34B $40.89B $34.52B
YoY Change 28.15% 18.48% -9.12%
Other Long-Term Liabilities $14.76B $17.66B $16.92B
YoY Change -9.15% 4.4% -3.15%
Total Long-Term Liabilities $56.10B $58.55B $51.43B
YoY Change 15.66% 13.85% -7.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.14B $23.87B $15.86B
Total Long-Term Liabilities $56.10B $58.55B $51.43B
Total Liabilities $415.7B $413.6B $409.9B
YoY Change 0.81% 0.91% 1.02%
SHAREHOLDERS EQUITY
Retained Earnings $59.07B $57.88B $53.02B
YoY Change 9.09% 9.16% 7.7%
Common Stock $8.490B $8.500B $8.478B
YoY Change 0.06% 0.26% 0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $51.03B $50.38B $48.72B
YoY Change
Total Liabilities & Shareholders Equity $467.4B $464.6B $459.2B
YoY Change 1.15% 1.17% 1.12%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $1.856B $1.815B $1.563B
YoY Change 10.34% 16.12% 4.06%
Depreciation, Depletion And Amortization $121.0M $118.0M $117.0M
YoY Change 2.54% 0.85% 0.0%
Cash From Operating Activities $2.650B $3.225B $1.862B
YoY Change -1668.05% 73.2% 236.1%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$4.757B -$2.051B -$2.506B
YoY Change 69.53% -18.16% -51.31%
Cash From Investing Activities -$4.757B -$2.051B -$2.506B
YoY Change 69.53% -18.16% -51.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.478B -113.0M -7.780B
YoY Change 79.28% -98.55% -154.72%
NET CHANGE
Cash From Operating Activities 2.650B 3.225B 1.862B
Cash From Investing Activities -4.757B -2.051B -2.506B
Cash From Financing Activities 3.478B -113.0M -7.780B
Net Change In Cash 1.371B 1.061B -8.424B
YoY Change -232.46% -112.59% -187.51%
FREE CASH FLOW
Cash From Operating Activities $2.650B $3.225B $1.862B
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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PercentChangeInIncomeTaxExpenseBenefitTaxableEquivalentBasis
-0.234 pure
CY2018Q3 usb Percent Change In Deposits Interest Checking Average
PercentChangeInDepositsInterestCheckingAverage
0.019 pure
CY2018Q3 usb Percent Change In Provision For Loan Lease And Other Losses
PercentChangeInProvisionForLoanLeaseAndOtherLosses
-0.047 pure
CY2018Q3 usb Percent Change In Noninterest Expense Excluding Intangibles
PercentChangeInNoninterestExpenseExcludingIntangibles
0.017 pure
CY2018Q3 usb Percent Change In Interest Income Expense Net Taxable Equivalent Basis
PercentChangeInInterestIncomeExpenseNetTaxableEquivalentBasis
0.017 pure
CY2018Q3 usb Percent Change In Net Income Attributable To Noncontrolling Interest
PercentChangeInNetIncomeAttributableToNoncontrollingInterest
-0.167 pure
CY2018Q3 usb Percent Change In Noninterest Income Excluding Securities Gains Losses
PercentChangeInNoninterestIncomeExcludingSecuritiesGainsLosses
0.033 pure
CY2018Q3 usb Percent Change In Stockholders Equity Average
PercentChangeInStockholdersEquityAverage
0.027 pure
CY2018Q3 usb Percent Change In Intangible Assets Net Excluding Goodwill Average
PercentChangeInIntangibleAssetsNetExcludingGoodwillAverage
0.084 pure
CY2018Q3 usb Percent Change In Noninterest Bearing Deposit Liabilities Average
PercentChangeInNoninterestBearingDepositLiabilitiesAverage
-0.058 pure
CY2018Q3 usb Percent Change In Deposits Savings Deposits Average
PercentChangeInDepositsSavingsDepositsAverage
-0.021 pure
CY2018Q3 usb Percent Change In Loans Receivable Commercial Financial And Agricultural Average
PercentChangeInLoansReceivableCommercialFinancialAndAgriculturalAverage
0.025 pure
CY2018Q3 usb Percent Change In Profit Loss
PercentChangeInProfitLoss
0.161 pure
CY2018Q3 usb Percent Change In Loans And Leases Receivable Gross Carrying Amount Covered Average
PercentChangeInLoansAndLeasesReceivableGrossCarryingAmountCoveredAverage
-0.177 pure
CY2018Q3 usb Percent Change In Time Deposits Average
PercentChangeInTimeDepositsAverage
0.046 pure
CY2018Q3 usb Revenue Generated From Certain Contracts With Customers Included In Noninterest Income
RevenueGeneratedFromCertainContractsWithCustomersIncludedInNoninterestIncome
1800000000

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