Professional Documents
Culture Documents
Financials
2003-12 2004-12 2005-12 2006-12 2007-12
Revenue USD Mil
8,380
9,011
9,349
9,561
10,416
Gross Margin %
48.2
47.6
23.8
25.8
25
Operating Income USD Mil
1,059
1,155
1,153
1,262
1,357
Operating Margin %
12.6
12.8
12.3
13.2
13
Net Income USD Mil
617
740
762
824
909
Earnings Per Share USD
1.01
1.21
1.28
1.46
1.68
Dividends USD
0.1
0.22
0.27
0.53
Payout Ratio %
8.3
16.9
18.2
31.3
Shares Mil
611
612
598
564
541
Book Value Per Share USD
1.9
2.72
2.56
2.74
2.24
Operating Cash Flow USD Mil
1,053
1,131
1,272
1,302
1,567
Cap Spending USD Mil
-663
-645
-609
-614
-742
Free Cash Flow USD Mil
390
486
663
688
825
Free Cash Flow Per Share USD
0.64
0.79
1.11
1.22
1.52
Working Capital USD Mil
-655
-629
-768
-825
-581
Key Ratios -> Profitability
Margins % of Sales
Revenue
COGS
Gross Margin
SG&A
R&D
Other
Operating Margin
Net Int Inc & Other
EBT Margin
Profitability
Tax Rate %
Net Margin %
Asset Turnover (Average)
Return on Assets %
Financial Leverage (Average)
Return on Equity %
Return on Invested Capital %
Interest Coverage
-0.94
12.82
-1.43
11.39
-0.9
12.33
-1.36
10.97
-0.18
13.2
-1.61
11.59
-0.45
13.03
-1.59
11.43
8.03
5.72
-0.21
2004-12
7.53
9.03
2.87
2005-12
3.75
6.42
5.68
2006-12
2.27
4.49
6.58
2007-12
8.94
4.95
6.07
10-Year Average
Operating Income %
Year over Year
3-Year Average
5-Year Average
10-Year Average
Net Income %
Year over Year
3-Year Average
5-Year Average
10-Year Average
EPS %
Year over Year
3-Year Average
5-Year Average
10-Year Average
Key Ratios -> Cash Flow
Cash Flow Ratios
Operating Cash Flow Growth % YOY
Free Cash Flow Growth % YOY
Cap Ex as a % of Sales
Free Cash Flow/Sales %
Free Cash Flow/Net Income
Key Ratios -> Financial Health
Balance Sheet Items (in %)
Cash & Short-Term Investments
Accounts Receivable
Inventory
Other Current Assets
Total Current Assets
Net PP&E
Intangibles
Other Long-Term Assets
Total Assets
Accounts Payable
Short-Term Debt
Taxes Payable
Accrued Liabilities
Other Short-Term Liabilities
Total Current Liabilities
Long-Term Debt
Other Long-Term Liabilities
Total Liabilities
Total Stockholders' Equity
Total Liabilities & Equity
0.73
5.37
7.06
6.64
9.07
10.07
4.88
-0.17
4.69
5.97
9.45
6.02
7.82
7.53
5.52
6.19
7.44
5.83
14.32
6.75
19.94
14.57
3.37
2.97
9.34
13.03
8.14
10.12
10.86
10.32
7.1
9.29
7.45
13.41
7.3
19.8
14.31
4.31
5.37
10.69
12.98
14.51
13.07
12.51
15.07
11.56
12.31
4.23
26
36.58
17.49
80.07
19.93
100
4.62
12.08
24.16
30.39
17.45
72
28
100
2.74
28.17
28.94
17.46
74.57
25.43
100
1.75
27.14
32.19
18.05
77.38
22.62
100
5.14
10.54
28.47
40.38
15.42
84.27
15.73
100
Liquidity/Financial Health
Current Ratio
Quick Ratio
Financial Leverage
Debt/Equity
-1.2
14.67
-1.79
12.88
0.59
15.6
-1.54
14.05
1.22
14.38
-1.24
13.14
-1.14
16.83
-1.09
15.73
-0.56
15.6
-1.04
14.56
2008-12
8.29
6.46
6.12
2009-12
-3.93
4.26
3.76
2010-12
4.68
2.88
3.94
2011-12
11.31
3.83
5.72
2012-12
7.98
7.95
5.53
Latest Qtr
-8.33
2.91
3.31
4.81
6.15
5.8
10.98
9.31
7.3
6.97
5.58
8.01
6.6
5.74
11.26
9.24
8.94
7.44
2.6
6.42
7.54
7.68
26.39
13
11.07
8.6
6.05
8.15
9.33
8.04
11.1
9.13
7.67
5.5
8.12
8.4
8.73
10.86
13.9
11.02
9.87
10.36
21.08
14.25
11.93
10.6
16.67
15.41
14.18
10.69
13.27
14.99
12.91
8.52
7.21
12.31
13.3
13.14
15.13
11.81
13.42
12.96
23.36
15.04
15.01
13.65
-17.55
-11.59
Liquidity
Current Ratio
Quick Ratio
Avg Collection Period
Receivables Turnover
Inventory Turnover
Asset Management
Asset Turnover
Fixed Assets Turnover
Capital Structure
Debt to Assets
Debt to Equity
Times Interest Earned
2006-12
Profitability
Contribution Margin
Profit Margin on Sales %
Break Even in Dollars
Return on Assets %
Return on Equity %
Earnings Per Share USD
PE Ratio
41.93
79.71
1.42
0
13.68
57.1
1.46
46.81
70.71
2007-12
2.57
0
13.37
70.57
1.68
49.69
63.02
2008-12
0
6.06
14
187
1.96
46.31
60.77
2009-12
3.13
7.58
15.66
233.59
2.22
45.83
52.22
2010-12
1.85
9.17
14.98
89.04
2.38
46.59
39.57
2011-12
1.64
10.02
15.38
77.61
2.74
46.45
33.62
2012-12
1.36
15.4
17.9
80.31
3.38
12/29/2012
USD
Not Qualified
Consolidated
Scale
Cash & cash equivalents
Short-term investments
Accounts & notes receivable, gross
Less: Allowance for doubtful accounts - accounts & notes receivable
Accounts & notes receivable, net
Inventories
Income tax receivable
Assets held for sale
Other prepaid expenses & current assets
Prepaid expenses & other current assets
Prepaid expenses & other current assets
Deferred income taxes
Advertising cooperative assets, restricted
Total current assets
Land
Buildings & improvements
Capital leases, primarily buildings
Machinery & equipment
Property, plant & equipment, gross
Accumulated depreciation & amortization
Property, plant & equipment, net
Goodwill
Intangible assets, net
Investments in unconsolidated affiliates
Restricted cash
Other assets
Deferred income taxes
Total assets
Accounts payable
Capital expenditure liability
Accrued capital expenditure
Accrued compensation & benefits
Dividends payable
Accrued taxes, other than income taxes
Other current liabilities
Proceeds from sale of interest in Japan unconsolidated affiliate
Accounts payable & other current liabilities
Income taxes payable
Unsecured term loans
Current maturities of long-term debt
Yes
Millions
776
313
12
301
313
55
56
161
272
111
136
1,909
469
4,093
200
2,627
7,389
3,139
4,250
1,034
690
72
575
481
9,011
684
264
487
151
103
256
1,945
97
10
12/31/2011
USD
Not Qualified
Yes
Millions
1,198
308
22
286
273
150
24
164
338
112
114
2,321
527
3,856
316
2,568
7,267
3,225
4,042
681
299
167
300
475
549
8,834
712
229
440
131
112
250
1,874
142
315
10
136
2,188
2,750
170
2,920
10
2,910
22
2,932
1,579
6,699
59
2,286
166
(286)
(12)
(132)
2,154
99
2,253
5
320
114
2,450
3,012
279
3,291
315
2,976
21
2,997
1,471
6,918
18
2,052
140
(375)
(12)
(247)
1,823
93
1,916
12/25/2010
USD
Not Qualified
12/26/2009
USD
Not Qualified
12/27/2008
USD
Not Qualified
Yes
Millions
1,426
289
33
256
189
115
154
269
61
112
2,313
542
3,709
274
2,578
7,103
3,273
3,830
659
475
154
519
366
8,316
540
174
357
118
95
318
1,602
61
673
Yes
Millions
353
274
35
239
122
158
156
314
81
99
1,208
538
3,800
282
2,627
7,247
3,348
3,899
640
462
144
544
251
7,148
499
114
342
98
100
260
1,413
82
56
Yes
Millions
216
252
23
229
143
172
81
110
951
517
3,596
259
2,525
6,897
3,187
3,710
605
335
65
561
300
6,527
508
130
376
87
372
1,473
114
15
673
112
2,448
3,257
236
64
3,557
673
2,884
31
2,915
1,284
6,647
86
1,717
55
(269)
(13)
(227)
1,576
93
1,669
3
59
99
1,653
5
2,906
249
67
3,227
56
3,171
36
3,207
1,174
6,034
253
996
47
(259)
(12)
(224)
1,025
89
1,114
10
25
110
1,722
299
2,542
375
234
70
3,520
15
3,505
59
3,564
1,349
6,635
7
303
(129)
(272)
(17)
(418)
(108)
-
12/29/2007
USD
Not Qualified
12/30/2006
USD
Not Qualified
Yes
Millions
789
246
21
225
128
142
125
72
1,481
548
3,649
284
2,651
7,132
3,283
3,849
672
333
153
464
290
7,242
639
372
75
436
128
1,650
52
268
Yes
Millions
319
6
238
18
220
93
132
57
74
901
541
3,449
221
2,566
6,777
3,146
3,631
662
347
138
369
305
6,353
554
302
119
411
1,386
37
183
16
20
288
72
2,062
28
2,792
282
73
3,175
268
2,907
17
2,924
1,117
6,103
1,119
94
(64)
(10)
20
1,139
-
28
227
74
1,724
174
1,596
228
76
2,074
16
2,058
(13)
2,045
1,147
4,916
1,593
(160)
4
(156)
1,437
-
Profitability Ratios
ROA % (Net)
ROE % (Net)
ROI % (Operating)
EBITDA Margin %
Calculated Tax Rate %
Revenue per Employee
12/29/2012
17.95
80.53
41.05
21.1
25.6
26,139
12/31/2011
15.13
76.36
35.14
18.75
20.1
26,656
Liquidity Ratios
Quick Ratio
Current Ratio
Net Current Assets % TA
12/29/2012
0.49
0.87
(3.1)
12/31/2011
0.6
0.95
(1.46)
Debt Management
LT Debt to Equity
Total Debt to Equity
Interest Coverage
12/29/2012
1.36
1.37
14.06
12/31/2011
1.64
1.82
11.79
Asset Management
Total Asset Turnover
Receivables Turnover
Inventory Turnover
Accounts Payable Turnover
Accrued Expenses Turnover
Property Plant & Equip Turnover
Cash & Equivalents Turnover
12/29/2012
1.53
46.58
33.62
19.59
14.26
3.3
13.85
12/31/2011
1.45
45.84
39.57
19.84
15
3.16
9.47
Per Share
Cash Flow per Share
Book Value per Share
12/29/2012
4.99
4.91
12/31/2011
4.55
3.96
12/25/2010
15.02
89.29
37.97
20.21
26.8
30,090
12/26/2009
15.71
234.23
37.67
19.44
23.01
31,045
12/27/2008
14.04
187.52
35.11
17.89
25.28
33,661
12/25/2010
0.68
0.94
(1.62)
12/26/2009
0.35
0.73
(6.23)
12/27/2008
0.25
0.55
(11.81)
12/25/2010
1.85
2.28
10.23
12/26/2009
3.13
3.19
7.53
12/27/2008
Equity<0
Equity<0
6.07
12/25/2010
1.47
45.96
52.22
21.89
17.72
2.94
12.79
12/26/2009
1.59
46.43
59.88
21.58
21.67
2.86
38.19
12/27/2008
1.64
49.82
62.47
19.72
24.86
2.99
22.51
12/25/2010
4.16
3.36
12/26/2009
2.99
2.19
12/27/2008
3.21
(0.24)
12/29/2007
13.41
70.77
32.07
17.47
24.74
34,700
12/30/2006
13.71
57.26
33.86
17.54
26.87
34,240
12/29/2007
0.49
0.72
(8.02)
12/30/2006
0.32
0.52
(12.95)
12/29/2007
2.57
2.82
7.77
12/30/2006
1.42
1.58
7.69
12/29/2007
1.54
46.94
70.34
17.51
24.07
2.79
18.85
12/30/2006
1.59
42.05
79.71
20.14
27.59
2.74
40.2
12/29/2007
3.01
2.28
12/30/2006
2.39
2.71
Liquidity
Current Ratio
Quick Ratio
2012 %
0.87
-9%
0.49 -22%
0.95
1%
0.6 -13%
0.73 25%
2008 %
0.94
22%
0.68
49%
45.96
-1%
46.43
-7%
49.82
-4%
0.35 29%
Inventory Turnover
33.62 -18%
39.57 -32%
52.22 -15%
59.88
Asset Management
2012 %
2011 %
2010 %
2009 %
Capital Structure
0%
2009 %
46.58
45.84
2010 %
Asset Turnover
2%
2011 %
0.55 -31%
2007 %
2006
0.72
28%
0.49
35%
0.32
46.94
10%
42.05
62.47 -13%
70.34 -13%
79.71
2008 %
2007 %
2006
0.25 -96%
6%
0.52
1.53
5%
1.45
-1%
1.47
-8%
1.59
-3%
1.64
6%
1.54
-3%
1.59
3.3
4%
3.16
7%
2.94
3%
2.86
-5%
2.99
7%
2.79
2%
2.74
2012 %
Debt to Assets
1.35
5%
Debt to Equity
1.37 -33%
16%
2011 %
1.28
2%
1.82 -25%
11.79
13%
2010 %
1.25
5%
2.28 -40%
10.23
26%
2009 %
1.18 17%
3.19
7.53 19%
2008 %
0.98 -21%
Equity<0
6.07 -28%
2007 %
2006
1.19
-9%
1.29
2.82
44%
1.58
7.77
1%
7.69
14.06
Profitability
2012 %
2011 %
2010 %
2009 %
2008 %
2007 %
2006
Contribution Margin
27.70
0.00
27.60 -0.03
28.40
0.10
25.70 0.05
24.30 -0.03
25.00 -0.03
25.80
16.80
0.14
14.40 -0.08
15.60
0.06
14.70 0.09
13.40
0.03
13.00 -0.02
13.20
Return on Assets %
17.95
0.16
15.13
15.02 -0.05
15.71 0.11
14.04
0.04
13.41 -0.02
13.71
Return on Equity %
80.53
0.05
76.36 -0.17
187.52
0.62
70.77
0.19
57.26
1.96
0.14
1.68
0.01
3.38
0.19
2.74
0.13
2.38
0.07
2.22 0.12
0.13
1.46
64.72
0.09
59.01
0.16
49.66
0.29
35.38 0.14
30.28 -0.27
38.54 -0.53
58.80
PE Ratio
19.15 -0.12
21.54
0.03
20.87
0.24
15.94 0.03
15.45 -0.48
22.94 -0.76
40.27
Date
Open
High
Low
Close
12/28/2012
65.06
65.29
64.7
64.72
12/30/2011
59.5
59.59
59.01
59.01
12/23/2010
49.99
50.27
49.54
49.66
12/24/2009
35.45
35.57
35.32
35.38
12/26/2008
30.39
30.71
29.95
30.28
12/28/2007
38.22
38.72
38.14
38.54
12/29/2006
59
59.36
58.65
58.8