2013 Q4 Form 10-Q Financial Statement

#000010726313000006 Filed on October 31, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $1.660B $1.623B $1.752B
YoY Change -11.18% -7.36% -11.16%
Cost Of Revenue $726.0M $710.0M $771.0M
YoY Change 13.26% -7.91% -44.61%
Gross Profit $934.0M $913.0M $981.0M
YoY Change -23.94% -6.93% 69.14%
Gross Profit Margin 56.27% 56.25% 55.99%
Selling, General & Admin $404.0M $130.0M $137.0M
YoY Change 180.56% -5.11% 82.67%
% of Gross Profit 43.25% 14.24% 13.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $209.0M $207.0M $196.0M
YoY Change -0.95% 5.61% -53.11%
% of Gross Profit 22.38% 22.67% 19.98%
Operating Expenses $671.0M $130.0M $137.0M
YoY Change -20.31% -5.11% 82.67%
Operating Profit $263.0M $336.0M $373.0M
YoY Change -31.87% -9.92% -18.38%
Interest Expense -$71.00M -$77.00M -$96.00M
YoY Change -26.04% -19.79% -6.8%
% of Operating Profit -27.0% -22.92% -25.74%
Other Income/Expense, Net -$1.000M $1.000M $0.00
YoY Change 0.0%
Pretax Income $191.0M $260.0M $277.0M
YoY Change -33.91% -6.14% -21.75%
Income Tax $141.0M $62.00M $77.00M
% Of Pretax Income 73.82% 23.85% 27.8%
Net Earnings -$14.00M $141.0M $155.0M
YoY Change -109.03% -9.03% -43.01%
Net Earnings / Revenue -0.84% 8.69% 8.85%
Basic Earnings Per Share $0.21 $0.25
Diluted Earnings Per Share -$20.48K $0.20 $0.25
COMMON SHARES
Basic Shares Outstanding 683.4M shares 683.3M shares 626.8M shares
Diluted Shares Outstanding 687.3M shares 632.0M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $681.0M $732.0M $996.0M
YoY Change -18.83% -26.51% 0.0%
Cash & Equivalents $681.0M $732.0M $996.0M
Short-Term Investments
Other Short-Term Assets $107.0M $81.00M $142.0M
YoY Change 1.9% -42.96% -23.66%
Inventory $194.0M $230.0M $161.0M
Prepaid Expenses
Receivables $600.0M $590.0M $624.0M
Other Receivables $74.00M $0.00 $0.00
Total Short-Term Assets $1.683B $1.782B $1.961B
YoY Change -12.53% -9.13% -32.12%
LONG-TERM ASSETS
Property, Plant & Equipment $18.21B $17.47B $14.68B
YoY Change 17.73% 18.95% -29.99%
Goodwill $646.0M $646.0M $650.0M
YoY Change -0.46% -0.62%
Intangibles $1.644B $1.659B
YoY Change -3.52%
Long-Term Investments $4.360B $4.278B $1.626B
YoY Change 9.36% 163.1% 8.98%
Other Assets $599.0M $623.0M $616.0M
YoY Change 0.5% 1.14% -8.61%
Total Long-Term Assets $25.46B $24.67B $19.30B
YoY Change 13.64% 27.83% -17.01%
TOTAL ASSETS
Total Short-Term Assets $1.683B $1.782B $1.961B
Total Long-Term Assets $25.46B $24.67B $19.30B
Total Assets $27.14B $26.46B $21.26B
YoY Change 11.57% 24.42% -18.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $960.0M $1.014B $768.0M
YoY Change 4.35% 32.03% -34.58%
Accrued Expenses $797.0M $700.0M $609.0M
YoY Change 26.91% 14.94% -23.97%
Deferred Revenue
YoY Change
Short-Term Debt $225.0M $371.0M $0.00
YoY Change
Long-Term Debt Due $1.000M $1.000M $2.000M
YoY Change 0.0% -50.0% -99.45%
Total Short-Term Liabilities $1.983B $2.086B $1.379B
YoY Change 28.02% 51.27% -43.46%
LONG-TERM LIABILITIES
Long-Term Debt $11.35B $10.36B $9.512B
YoY Change 5.76% 8.9% 5.41%
Other Long-Term Liabilities $1.356B $1.650B $1.733B
YoY Change -23.61% -4.79% -4.83%
Total Long-Term Liabilities $12.71B $12.01B $11.25B
YoY Change 1.59% 6.79% 3.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.983B $2.086B $1.379B
Total Long-Term Liabilities $12.71B $12.01B $11.25B
Total Liabilities $22.28B $21.51B $18.17B
YoY Change 13.81% 18.36% -0.36%
SHAREHOLDERS EQUITY
Retained Earnings -$6.248B -$5.973B -$5.648B
YoY Change 9.71% 5.75% -17215.15%
Common Stock $12.32B $12.30B $10.11B
YoY Change 3.94% 21.65% 12.46%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.041B $1.041B $1.041B
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 35.00M shares 35.00M shares
Shareholders Equity $4.864B $4.948B $3.092B
YoY Change
Total Liabilities & Shareholders Equity $27.14B $26.46B $21.26B
YoY Change 11.57% 24.42% -18.68%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$14.00M $141.0M $155.0M
YoY Change -109.03% -9.03% -43.01%
Depreciation, Depletion And Amortization $209.0M $207.0M $196.0M
YoY Change -0.95% 5.61% -53.11%
Cash From Operating Activities $515.0M $539.0M $431.0M
YoY Change -5.68% 25.06% -35.48%
INVESTING ACTIVITIES
Capital Expenditures -$1.030B -$1.012B -$730.0M
YoY Change 17.45% 38.63% -1.22%
Acquisitions
YoY Change
Other Investing Activities -$119.0M -$165.0M -$60.00M
YoY Change -94.97% 175.0% 20.0%
Cash From Investing Activities -$1.149B -$1.177B -$790.0M
YoY Change -64.55% 48.99% 0.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 583.0M 546.0M 676.0M
YoY Change -77.03% -19.23% -1479.59%
NET CHANGE
Cash From Operating Activities 515.0M 539.0M 431.0M
Cash From Investing Activities -1.149B -1.177B -790.0M
Cash From Financing Activities 583.0M 546.0M 676.0M
Net Change In Cash -51.00M -92.00M 317.0M
YoY Change -67.52% -129.02% -286.47%
FREE CASH FLOW
Cash From Operating Activities $515.0M $539.0M $431.0M
Capital Expenditures -$1.030B -$1.012B -$730.0M
Free Cash Flow $1.545B $1.551B $1.161B
YoY Change 8.57% 33.59% -17.48%

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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2012Q4 us-gaap Treasury Stock Shares
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000107263
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
683428418 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Williams Companies Inc

Files In Submission

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0000107263-13-000006-index.html Edgar Link pending
0000107263-13-000006.txt Edgar Link pending
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