10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000006951-20-000014 |
| Period End Date | 20200131 |
| Filing Date | 20200220 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | amat-20200126_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.42B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.13B | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$536.00M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$489.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$2.53B | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$2.68B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$3.47B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$3.47B | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$581.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$658.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$10.77B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$10.21B | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$1.71B | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$1.70B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.55B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.53B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.40B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.40B | USD | Point-in-time |
| Purchased technology and other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$142.00M | USD | Point-in-time |
| Purchased technology and other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$156.00M | USD | Point-in-time |
| Deferred income taxes and other assets |
DeferredIncomeTaxesAndOtherAssetsNoncurrent
|
$2.03B | USD | Point-in-time |
| Deferred income taxes and other assets |
DeferredIncomeTaxesAndOtherAssetsNoncurrent
|
$2.19B | USD | Point-in-time |
| Total assets |
Assets
|
$19.02B | USD | Point-in-time |
| Total assets |
Assets
|
$19.77B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$600.00M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$600.00M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.51B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.57B | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$1.34B | USD | Point-in-time |
| Contract liabilities |
ContractWithCustomerLiabilityCurrent
|
$1.40B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.45B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.57B | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesNoncurrent
|
$1.30B | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesNoncurrent
|
$1.27B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$4.71B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$4.71B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$375.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$526.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$10.81B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$11.11B | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$9.00M | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$9.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$7.55B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$7.59B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$25.09B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$24.39B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$23.60B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$23.80B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-180.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-188.00M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$8.66B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$8.21B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$8.21B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$6.84B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$19.02B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$19.77B | 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
|
$4.16B | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$2.09B | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$2.30B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.86B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.67B | USD | 1 Quarter |
| Research, development and engineering |
ResearchAndDevelopmentExpense
|
$552.00M | USD | 1 Quarter |
| Research, development and engineering |
ResearchAndDevelopmentExpense
|
$516.00M | USD | 1 Quarter |
| Marketing and selling |
SellingAndMarketingExpense
|
$135.00M | USD | 1 Quarter |
| Marketing and selling |
SellingAndMarketingExpense
|
$131.00M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$129.00M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$110.00M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$757.00M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$816.00M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$908.00M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$1.04B | 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
|
$22.00M | USD | 1 Quarter |
| Interest and other income, net |
OtherNonoperatingIncomeExpense
|
$40.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$1.00B | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$888.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$117.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$113.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$892.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$771.00M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.97 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.81 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.80 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.96 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
916.00M | 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
|
927.00M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$892.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$771.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$88.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$94.00M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$93.00M | 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
|
$-30.00M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$1.00M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$15.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$146.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$121.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-2.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-18.00M | USD | 1 Quarter |
| Other current and non-current assets |
IncreaseDecreaseInOtherOperatingAssets
|
$99.00M | USD | 1 Quarter |
| Other current and non-current assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-76.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-313.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-6.00M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractWithCustomerLiability
|
$64.00M | USD | 1 Quarter |
| Contract liabilities |
IncreaseDecreaseInContractWithCustomerLiability
|
$155.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$41.00M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$23.00M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$25.00M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$12.00M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$834.00M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$987.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$102.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$133.00M | USD | 1 Quarter |
| Proceeds from sales and maturities of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$464.00M | USD | 1 Quarter |
| Proceeds from sales and maturities of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$368.00M | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$397.00M | USD | 1 Quarter |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$428.00M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-66.00M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-162.00M | USD | 1 Quarter |
| Proceeds from common stock issuances |
ProceedsFromIssuanceOfCommonStock
|
$15.00M | USD | 1 Quarter |
| Proceeds from common stock issuances |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$200.00M | USD | 1 Quarter |
| Common stock repurchases |
PaymentsForRepurchaseOfCommonStock
|
$750.00M | USD | 1 Quarter |
| Tax withholding payments for vested equity awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$74.00M | USD | 1 Quarter |
| Tax withholding payments for vested equity awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$153.00M | USD | 1 Quarter |
| Payments of dividends to stockholders |
PaymentsOfDividends
|
$192.00M | USD | 1 Quarter |
| Payments of dividends to stockholders |
PaymentsOfDividends
|
$192.00M | USD | 1 Quarter |
| Cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-530.00M | USD | 1 Quarter |
| Cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.02B | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$295.00M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-248.00M | USD | 1 Quarter |
| Cash and cash equivalents beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.44B | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.42B | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.19B | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.13B | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.44B | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.42B | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.19B | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.13B | USD | Point-in-time |
| Cash payments for income taxes |
IncomeTaxesPaid
|
$34.00M | USD | 1 Quarter |
| Cash payments for income taxes |
IncomeTaxesPaid
|
$82.00M | USD | 1 Quarter |
| Cash refunds from income taxes |
ProceedsFromIncomeTaxRefunds
|
$1.00M | USD | 1 Quarter |
| Cash refunds from income taxes |
ProceedsFromIncomeTaxRefunds
|
$8.00M | 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
|
$0.21 | USD | 1 Quarter |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | 1 Quarter |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.21 | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$8.66B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$8.21B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$8.21B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$6.84B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$892.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$771.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-8.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-12.00M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$189.00M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$193.00M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$65.00M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$93.00M | USD | 1 Quarter |
| Issuance under stock plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$-138.00M | USD | 1 Quarter |
| Issuance under stock plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$-74.00M | USD | 1 Quarter |
| Common stock repurchases (in shares) |
TreasuryStockSharesAcquired
|
22.00M | shares | 1 Quarter |
| Common stock repurchases (in shares) |
TreasuryStockSharesAcquired
|
3.00M | shares | 1 Quarter |
| Common stock repurchases |
TreasuryStockValueAcquiredCostMethod
|
$750.00M | USD | 1 Quarter |
| Common stock repurchases |
TreasuryStockValueAcquiredCostMethod
|
$200.00M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$8.66B | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$8.21B | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$8.21B | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$6.84B | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$892.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$771.00M | USD | 1 Quarter |
| Change in unrealized gain (loss) on available-for-sale investments |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$2.00M | USD | 1 Quarter |
| Change in unrealized gain (loss) on available-for-sale investments |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$5.00M | USD | 1 Quarter |
| Change in unrealized net loss on derivative instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-10.00M | USD | 1 Quarter |
| Change in unrealized net loss on derivative instruments |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-17.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-8.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-12.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$884.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$759.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.