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10-Q Filing

APPLE INC CIK: 320193 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0001193125-16-439878
Period End Date 20151231
Filing Date 20160127
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance aapl-20151226.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Accounts receivable, allowances AllowanceForDoubtfulAccountsReceivableCurrent $63.00M USD Point-in-time
Accounts receivable, allowances AllowanceForDoubtfulAccountsReceivableCurrent $63.00M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare - USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $21.12B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $16.69B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 12.60B shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.48B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.84B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 12.60B shares Point-in-time
Short-term marketable securities AvailableForSaleSecuritiesCurrent $20.48B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 5.54B shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 5.58B shares Point-in-time
Short-term marketable securities AvailableForSaleSecuritiesCurrent $21.39B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 5.54B shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 5.58B shares Point-in-time
Accounts receivable, less allowances of $63 in each period AccountsReceivableNetCurrent $12.95B USD Point-in-time
Accounts receivable, less allowances of $63 in each period AccountsReceivableNetCurrent $16.85B USD Point-in-time
Inventories InventoryNet $2.35B USD Point-in-time
Inventories InventoryNet $2.45B USD Point-in-time
Vendor non-trade receivables NontradeReceivablesCurrent $11.67B USD Point-in-time
Vendor non-trade receivables NontradeReceivablesCurrent $13.49B USD Point-in-time
Other current assets OtherAssetsCurrent $11.07B USD Point-in-time
Other current assets OtherAssetsCurrent $15.09B USD Point-in-time
Total current assets AssetsCurrent $76.22B USD Point-in-time
Total current assets AssetsCurrent $89.38B USD Point-in-time
Long-term marketable securities AvailableForSaleSecuritiesNoncurrent $164.06B USD Point-in-time
Long-term marketable securities AvailableForSaleSecuritiesNoncurrent $177.66B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $22.47B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $22.30B USD Point-in-time
Goodwill Goodwill $5.20B USD Point-in-time
Goodwill Goodwill $5.12B USD Point-in-time
Acquired intangible assets, net IntangibleAssetsNetExcludingGoodwill $3.89B USD Point-in-time
Acquired intangible assets, net IntangibleAssetsNetExcludingGoodwill $3.92B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $7.97B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $5.56B USD Point-in-time
Total assets Assets $290.48B USD Point-in-time
Total assets Assets $293.28B USD Point-in-time
Accounts payable AccountsPayableCurrent $33.31B USD Point-in-time
Accounts payable AccountsPayableCurrent $35.49B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $25.18B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $24.03B USD Point-in-time
Deferred revenue DeferredRevenueCurrent $8.99B USD Point-in-time
Deferred revenue DeferredRevenueCurrent $8.94B USD Point-in-time
Commercial paper CommercialPaper $8.50B USD Point-in-time
Commercial paper CommercialPaper $7.26B USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $2.50B USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $2.50B USD Point-in-time
Total current liabilities LiabilitiesCurrent $80.61B USD Point-in-time
Total current liabilities LiabilitiesCurrent $76.09B USD Point-in-time
Deferred revenue, non-current DeferredRevenueNoncurrent $3.55B USD Point-in-time
Deferred revenue, non-current DeferredRevenueNoncurrent $3.62B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $53.46B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $53.20B USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $33.43B USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $32.17B USD Point-in-time
Total liabilities Liabilities $165.02B USD Point-in-time
Total liabilities Liabilities $171.12B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 5,544,487 and 5,578,753 shares issued and outstanding, respectively CommonStocksIncludingAdditionalPaidInCapital $27.42B USD Point-in-time
Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 5,544,487 and 5,578,753 shares issued and outstanding, respectively CommonStocksIncludingAdditionalPaidInCapital $28.25B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $92.28B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $101.49B USD Point-in-time
Accumulated other comprehensive income/(loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-345.00M USD Point-in-time
Accumulated other comprehensive income/(loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.48B USD Point-in-time
Total shareholders' equity StockholdersEquity $128.27B USD Point-in-time
Total shareholders' equity StockholdersEquity $119.36B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $290.48B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $293.28B USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $74.60B USD 1 Quarter
Net sales SalesRevenueNet $75.87B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $44.86B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $45.45B USD 1 Quarter
Gross margin GrossProfit $29.74B USD 1 Quarter
Gross margin GrossProfit $30.42B USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $2.40B USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $1.90B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $3.60B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $3.85B USD 1 Quarter
Total operating expenses OperatingExpenses $6.25B USD 1 Quarter
Total operating expenses OperatingExpenses $5.50B USD 1 Quarter
Operating income OperatingIncomeLoss $24.25B USD 1 Quarter
Operating income OperatingIncomeLoss $24.17B USD 1 Quarter
Other income/(expense), net NonoperatingIncomeExpense $170.00M USD 1 Quarter
Other income/(expense), net NonoperatingIncomeExpense $402.00M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $24.42B USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $24.57B USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $6.39B USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $6.21B USD 1 Quarter
Net income NetIncomeLoss $18.36B USD 1 Quarter
Net income NetIncomeLoss $18.02B USD 1 Quarter
Basic EarningsPerShareBasic $3.30 USD 1 Quarter
Basic EarningsPerShareBasic $3.08 USD 1 Quarter
Diluted EarningsPerShareDiluted $3.28 USD 1 Quarter
Diluted EarningsPerShareDiluted $3.06 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 5.84B shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 5.56B shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 5.59B shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 5.88B shares 1 Quarter
Cash dividends declared per share CommonStockDividendsPerShareDeclared $0.52 USD 1 Quarter
Cash dividends declared per share CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Cash dividends declared per share CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Cash dividends declared per share CommonStockDividendsPerShareDeclared $1.98 USD Annual
Cash dividends declared per share CommonStockDividendsPerShareDeclared $0.52 USD 1 Quarter
Cash dividends declared per share CommonStockDividendsPerShareDeclared $0.52 USD 1 Quarter
Cash Flow Statement 70 line items
Line Item Tag Value Unit Period
Cash and cash equivalents, beginning of the period CashAndCashEquivalentsAtCarryingValue $21.12B USD Point-in-time
Cash and cash equivalents, beginning of the period CashAndCashEquivalentsAtCarryingValue $16.69B USD Point-in-time
Cash and cash equivalents, beginning of the period CashAndCashEquivalentsAtCarryingValue $19.48B USD Point-in-time
Cash and cash equivalents, beginning of the period CashAndCashEquivalentsAtCarryingValue $13.84B USD Point-in-time
Net income NetIncomeLoss $18.36B USD 1 Quarter
Net income NetIncomeLoss $18.02B USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $2.58B USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $2.95B USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $1.08B USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $888.00M USD 1 Quarter
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $2.20B USD 1 Quarter
Deferred income tax expense DeferredIncomeTaxExpenseBenefit $1.59B USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-3.90B USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-751.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $102.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $172.00M USD 1 Quarter
Vendor non-trade receivables IncreaseDecreaseInNonTradeReceivables $3.51B USD 1 Quarter
Vendor non-trade receivables IncreaseDecreaseInNonTradeReceivables $-1.83B USD 1 Quarter
Other current and non-current assets IncreaseDecreaseInOtherOperatingAssets $1.65B USD 1 Quarter
Other current and non-current assets IncreaseDecreaseInOtherOperatingAssets $893.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $9.00B USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-852.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-29.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $945.00M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $-368.00M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $4.67B USD 1 Quarter
Cash generated by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $33.72B USD 1 Quarter
Cash generated by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $27.46B USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireAvailableForSaleSecurities $44.91B USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireAvailableForSaleSecurities $47.84B USD 1 Quarter
Proceeds from maturities of marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $3.51B USD 1 Quarter
Proceeds from maturities of marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $2.81B USD 1 Quarter
Proceeds from sales of marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $28.26B USD 1 Quarter
Proceeds from sales of marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $24.17B USD 1 Quarter
Payments made in connection with business acquisitions, net PaymentsToAcquireBusinessesNetOfCashAcquired $86.00M USD 1 Quarter
Payments made in connection with business acquisitions, net PaymentsToAcquireBusinessesNetOfCashAcquired $23.00M USD 1 Quarter
Payments for acquisition of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.61B USD 1 Quarter
Payments for acquisition of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.22B USD 1 Quarter
Payments for acquisition of intangible assets PaymentsToAcquireIntangibleAssets $394.00M USD 1 Quarter
Payments for acquisition of intangible assets PaymentsToAcquireIntangibleAssets $48.00M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $-65.00M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $298.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-21.16B USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-20.45B USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $1.00M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $80.00M USD 1 Quarter
Excess tax benefits from equity awards ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $264.00M USD 1 Quarter
Excess tax benefits from equity awards ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $224.00M USD 1 Quarter
Payments for taxes related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $597.00M USD 1 Quarter
Payments for taxes related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $512.00M USD 1 Quarter
Payments for dividends and dividend equivalents PaymentsOfDividendsAndDividendEquivalentsOnCommonStockAndRestrictedStockUnits $2.97B USD 1 Quarter
Payments for dividends and dividend equivalents PaymentsOfDividendsAndDividendEquivalentsOnCommonStockAndRestrictedStockUnits $2.80B USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $5.03B USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $6.86B USD 1 Quarter
Proceeds from issuance of term debt, net ProceedsFromIssuanceOfLongTermDebt $3.48B USD 1 Quarter
Proceeds from issuance of term debt, net ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Change in commercial paper, net ProceedsFromRepaymentsOfCommercialPaper $-1.24B USD 1 Quarter
Change in commercial paper, net ProceedsFromRepaymentsOfCommercialPaper $-2.41B USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-11.44B USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-6.92B USD 1 Quarter
Increase/(decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-4.43B USD 1 Quarter
Increase/(decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $5.63B USD 1 Quarter
Cash and cash equivalents, end of the period CashAndCashEquivalentsAtCarryingValue $21.12B USD Point-in-time
Cash and cash equivalents, end of the period CashAndCashEquivalentsAtCarryingValue $16.69B USD Point-in-time
Cash and cash equivalents, end of the period CashAndCashEquivalentsAtCarryingValue $19.48B USD Point-in-time
Cash and cash equivalents, end of the period CashAndCashEquivalentsAtCarryingValue $13.84B USD Point-in-time
Cash paid for income taxes, net IncomeTaxesPaidNet $3.87B USD 1 Quarter
Cash paid for income taxes, net IncomeTaxesPaidNet $3.40B USD 1 Quarter
Cash paid for interest InterestPaid $396.00M USD 1 Quarter
Cash paid for interest InterestPaid $202.00M USD 1 Quarter
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $18.36B USD 1 Quarter
Net income NetIncomeLoss $18.02B USD 1 Quarter
Change in foreign currency translation, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-102.00M USD 1 Quarter
Change in foreign currency translation, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-66.00M USD 1 Quarter
Change in fair value of derivatives, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $287.00M USD 1 Quarter
Change in fair value of derivatives, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $1.98B USD 1 Quarter
Adjustment for net (gains)/losses realized and included in net income, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $565.00M USD 1 Quarter
Adjustment for net (gains)/losses realized and included in net income, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $445.00M USD 1 Quarter
Total change in unrealized gains/losses on derivative instruments, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $1.42B USD 1 Quarter
Total change in unrealized gains/losses on derivative instruments, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-158.00M USD 1 Quarter
Change in fair value of marketable securities, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-456.00M USD 1 Quarter
Change in fair value of marketable securities, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-922.00M USD 1 Quarter
Adjustment for net (gains)/losses realized and included in net income, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-47.00M USD 1 Quarter
Adjustment for net (gains)/losses realized and included in net income, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $14.00M USD 1 Quarter
Total change in unrealized gains/losses on marketable securities, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-875.00M USD 1 Quarter
Total change in unrealized gains/losses on marketable securities, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-470.00M USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-1.14B USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $881.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $18.91B USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $17.23B USD 1 Quarter

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

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