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10-Q Filing

APPLIED MATERIALS INC /DE CIK: 6951 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0000006951-19-000008
Period End Date 20190131
Filing Date 20190221
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance amat-20190127.xml
Balance Sheet 56 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.19B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.44B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.01B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.80B USD Point-in-time
Short-term investments ShortTermInvestments $590.00M USD Point-in-time
Short-term investments ShortTermInvestments $520.00M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $2.32B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $2.44B USD Point-in-time
Inventories InventoryNet $3.70B USD Point-in-time
Inventories InventoryNet $3.72B USD Point-in-time
Other current assets OtherAssetsCurrent $426.00M USD Point-in-time
Other current assets OtherAssetsCurrent $530.00M USD Point-in-time
Total current assets AssetsCurrent $10.29B USD Point-in-time
Total current assets AssetsCurrent $10.60B USD Point-in-time
Long-term investments LongTermInvestments $1.59B USD Point-in-time
Long-term investments LongTermInvestments $1.57B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $1.41B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $1.46B USD Point-in-time
Goodwill Goodwill $3.37B USD Point-in-time
Goodwill Goodwill $3.37B USD Point-in-time
Purchased technology and other intangible assets, net IntangibleAssetsNetExcludingGoodwill $213.00M USD Point-in-time
Purchased technology and other intangible assets, net IntangibleAssetsNetExcludingGoodwill $199.00M USD Point-in-time
Deferred income taxes and other assets DeferredIncomeTaxesAndOtherAssetsNoncurrent $2.03B USD Point-in-time
Deferred income taxes and other assets DeferredIncomeTaxesAndOtherAssetsNoncurrent $473.00M USD Point-in-time
Total assets Assets $18.92B USD Point-in-time
Total assets Assets $17.63B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $2.72B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $2.42B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $1.20B USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $1.36B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.92B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.78B USD Point-in-time
Income taxes payable AccruedIncomeTaxesNoncurrent $1.30B USD Point-in-time
Income taxes payable AccruedIncomeTaxesNoncurrent $1.25B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $5.31B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $5.31B USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $303.00M USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $324.00M USD Point-in-time
Total liabilities Liabilities $10.79B USD Point-in-time
Total liabilities Liabilities $10.71B USD Point-in-time
Common stock CommonStockValueOutstanding $9.00M USD Point-in-time
Common stock CommonStockValueOutstanding $10.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $7.27B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $7.26B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $23.03B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $20.88B USD Point-in-time
Treasury stock TreasuryStockValue $21.19B USD Point-in-time
Treasury stock TreasuryStockValue $21.94B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-154.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-125.00M USD Point-in-time
Total stockholders equity StockholdersEquity $9.63B USD Point-in-time
Total stockholders equity StockholdersEquity $8.82B USD Point-in-time
Total stockholders equity StockholdersEquity $6.84B USD Point-in-time
Total stockholders equity StockholdersEquity $8.21B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $18.92B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $17.63B USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Net sales Revenues $3.75B USD 1 Quarter
Net sales Revenues $4.21B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $2.09B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $2.27B USD 1 Quarter
Gross profit GrossProfit $1.94B USD 1 Quarter
Gross profit GrossProfit $1.67B USD 1 Quarter
Research, development and engineering ResearchAndDevelopmentExpense $489.00M USD 1 Quarter
Research, development and engineering ResearchAndDevelopmentExpense $516.00M USD 1 Quarter
Marketing and selling SellingAndMarketingExpense $131.00M USD 1 Quarter
Marketing and selling SellingAndMarketingExpense $126.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $110.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $110.00M USD 1 Quarter
Total operating expenses OperatingExpenses $725.00M USD 1 Quarter
Total operating expenses OperatingExpenses $757.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $908.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $1.22B USD 1 Quarter
Interest expense InterestExpense $59.00M USD 1 Quarter
Interest expense InterestExpense $60.00M USD 1 Quarter
Interest and other income, net OtherNonoperatingIncomeExpense $40.00M USD 1 Quarter
Interest and other income, net OtherNonoperatingIncomeExpense $27.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $888.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.18B USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $117.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $1.02B USD 1 Quarter
Net income NetIncomeLoss $165.00M USD 1 Quarter
Net income NetIncomeLoss $771.00M USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.16 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.81 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.15 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.80 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.06B shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 957.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 965.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.07B shares 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $165.00M USD 1 Quarter
Net income NetIncomeLoss $771.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $88.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $119.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $65.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $65.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-41.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-32.00M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement - USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $1.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $121.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-156.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $211.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-18.00M USD 1 Quarter
Other current and non-current assets IncreaseDecreaseInOtherOperatingAssets $-76.00M USD 1 Quarter
Other current and non-current assets IncreaseDecreaseInOtherOperatingAssets $-78.00M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-127.00M USD 1 Quarter
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-313.00M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $155.00M USD 1 Quarter
Contract liabilities IncreaseDecreaseInContractWithCustomerLiability $350.00M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $807.00M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $41.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $32.00M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $12.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.47B USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $834.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $133.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $203.00M USD 1 Quarter
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.00M USD 1 Quarter
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Proceeds from sales and maturities of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.94B USD 1 Quarter
Proceeds from sales and maturities of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $464.00M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $384.00M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $397.00M USD 1 Quarter
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-66.00M USD 1 Quarter
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $1.35B USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock $750.00M USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock $782.00M USD 1 Quarter
Tax withholding payments for vested equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $141.00M USD 1 Quarter
Tax withholding payments for vested equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $74.00M USD 1 Quarter
Payments of dividends to stockholders PaymentsOfDividends $106.00M USD 1 Quarter
Payments of dividends to stockholders PaymentsOfDividends $192.00M USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.03B USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.02B USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $1.79B USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-248.00M USD 1 Quarter
Cash and cash equivalents beginning of period CashAndCashEquivalentsAtCarryingValue $3.19B USD Point-in-time
Cash and cash equivalents beginning of period CashAndCashEquivalentsAtCarryingValue $3.44B USD Point-in-time
Cash and cash equivalents beginning of period CashAndCashEquivalentsAtCarryingValue $5.01B USD Point-in-time
Cash and cash equivalents beginning of period CashAndCashEquivalentsAtCarryingValue $6.80B USD Point-in-time
Cash and cash equivalents end of period CashAndCashEquivalentsAtCarryingValue $3.19B USD Point-in-time
Cash and cash equivalents end of period CashAndCashEquivalentsAtCarryingValue $3.44B USD Point-in-time
Cash and cash equivalents end of period CashAndCashEquivalentsAtCarryingValue $5.01B USD Point-in-time
Cash and cash equivalents end of period CashAndCashEquivalentsAtCarryingValue $6.80B USD Point-in-time
Cash payments for income taxes IncomeTaxesPaid $34.00M USD 1 Quarter
Cash payments for income taxes IncomeTaxesPaid $78.00M USD 1 Quarter
Cash refunds from income taxes ProceedsFromIncomeTaxRefunds $8.00M USD 1 Quarter
Cash refunds from income taxes ProceedsFromIncomeTaxRefunds $40.00M USD 1 Quarter
Cash payments for interest InterestPaidNet $34.00M USD 1 Quarter
Cash payments for interest InterestPaidNet $34.00M USD 1 Quarter
Stockholders Equity 25 line items
Line Item Tag Value Unit Period
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Beginning Balance StockholdersEquity $9.63B USD Point-in-time
Beginning Balance StockholdersEquity $8.82B USD Point-in-time
Beginning Balance StockholdersEquity $6.84B USD Point-in-time
Beginning Balance StockholdersEquity $8.21B USD Point-in-time
Net income NetIncomeLoss $165.00M USD 1 Quarter
Net income NetIncomeLoss $771.00M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-12.00M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-15.00M USD 1 Quarter
Dividends declared DividendsCommonStockCash $189.00M USD 1 Quarter
Dividends declared DividendsCommonStockCash $105.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $65.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $65.00M USD 1 Quarter
Issuance under stock plans StockIssuedDuringPeriodValueShareBasedCompensation $-74.00M USD 1 Quarter
Issuance under stock plans StockIssuedDuringPeriodValueShareBasedCompensation $-141.00M USD 1 Quarter
Common stock repurchases (in shares) TreasuryStockSharesAcquired 15.00M shares 1 Quarter
Common stock repurchases (in shares) TreasuryStockSharesAcquired 22.00M shares 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $782.00M USD 1 Quarter
Common stock repurchases TreasuryStockValueAcquiredCostMethod $750.00M USD 1 Quarter
Ending Balance StockholdersEquity $9.63B USD Point-in-time
Ending Balance StockholdersEquity $8.82B USD Point-in-time
Ending Balance StockholdersEquity $6.84B USD Point-in-time
Ending Balance StockholdersEquity $8.21B USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $165.00M USD 1 Quarter
Net income NetIncomeLoss $771.00M USD 1 Quarter
Change in unrealized gain (losses) on available-for-sale investments OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $5.00M USD 1 Quarter
Change in unrealized gain (losses) on available-for-sale investments OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $6.00M USD 1 Quarter
Change in unrealized net loss on derivative instruments OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-17.00M USD 1 Quarter
Change in unrealized net loss on derivative instruments OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-19.00M USD 1 Quarter
Change in defined and postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $2.00M USD 1 Quarter
Change in defined and postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent - USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-12.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-15.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $759.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $150.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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