10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Oct 2, 2010 10-K (Filed: Nov 24, 2010) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 2, 2010 | Oct 3, 2009 | Sept 27, 2008 | |
| Revenues | $ 38,063 | 36,149 | 37,843 |
| Costs and expenses | (31,337) | (30,452) | (30,400) |
| Restructuring and impairment charges | (270) | (492) | (39) |
| Other income (expense) | 140 | 342 | (59) |
| Net interest expense | (409) | (466) | (524) |
| Equity in the income of investees | 440 | 577 | 581 |
| Income (loss) before income taxes | 6,627 | 5,658 | 7,402 |
| Income taxes | (2,314) | (2,049) | (2,673) |
| Net income | 4,313 | 3,609 | 4,729 |
| Less: net income attributable to noncontrolling interests | (350) | (302) | (302) |
| Net Income attributable to The Walt Disney Company (Disney) | 3,963 | 3,307 | 4,427 |
| Earnings per share attributable to Disney: | |||
| Diluted | 2.03 | 1.76 | 2.28 |
| Basic | 2.07 | 1.78 | 2.34 |
| Weighted average number of common and common equivalent shares outstanding: | |||
| Diluted | 1,948 | 1,875 | 1,948 |
| Basic | 1,915 | 1,856 | 1,890 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Oct 2, 2010 10-K (Filed: Nov 24, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 2, 2010 | Oct 3, 2009 | Sept 27, 2008 | |
| OPERATING ACTIVITIES | |||
| Net income | $ 4,313 | 3,609 | 4,729 |
| Depreciation and amortization | 1,713 | 1,631 | 1,582 |
| Gains on dispositions | (118) | (342) | (14) |
| Deferred income taxes | 133 | 323 | (128) |
| Equity in the income of investees | (440) | (577) | (581) |
| Cash distributions received from equity investees | 473 | 505 | 476 |
| Net change in film and television costs | 238 | (43) | (301) |
| Equity-based compensation | 522 [1] | 457 | 402 |
| Impairment charges | 132 | 279 | 39 |
| Other | (122) | (67) | (36) |
| Changes in operating assets and liabilities | |||
| Receivables | (686) | 468 | (594) |
| Inventories | (127) | (117) | (329) |
| Other assets | 42 | (565) | (64) |
| Accounts payable and other accrued liabilities | 649 | (250) | 570 |
| Income taxes | (144) | 8 | (50) |
| Cash provided by operations | 6,578 | 5,319 | 5,701 |
| INVESTING ACTIVITIES | |||
| Investments in parks, resorts and other property | (2,110) | (1,753) | (1,578) |
| Sales of investments | 46 | 70 | |
| Proceeds from dispositions | 170 | 185 | 14 |
| Acquisitions | (2,493) | (176) | (660) |
| Other | (90) | (57) | (8) |
| Cash used in investing activities | (4,523) | (1,755) | (2,162) |
| FINANCING ACTIVITIES | |||
| Commercial paper borrowings, net | 1,190 | (1,985) | (701) |
| Borrowings | 1,750 | 1,706 | |
| Reduction of borrowings | (1,371) | (1,617) | (477) |
| Dividends | (653) | (648) | (664) |
| Repurchases of common stock | (2,669) | (138) | (4,453) |
| Exercise of stock options and other | 753 | (510) | 381 |
| Cash used in financing activities | (2,750) | (3,148) | (4,208) |
| (Decrease)/increase in cash and cash equivalents | (695) | 416 | (669) |
| Cash and cash equivalents, beginning of year | 3,417 | 3,001 | |
| Cash and cash equivalents, end of year | 2,722 | 3,417 | 3,001 |
| Supplemental disclosure of cash flow information: | |||
| Interest paid | 393 | 485 | 555 |
| Income taxes paid | 2,170 | 1,609 | 2,768 |
| [1] Equity-based compensation expense is net of capitalized equity-based compensation and includes amortization of previously capitalized equity-based compensation costs. Capitalized equity-based compensation totaled $79 million, $109 million and $122 million in 2010, 2009 and 2008, respectively. Amortization of previously capitalized equity-based compensation totaled $131 million, $96 million and $67 million in 2010, 2009 and 2008, respectively. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WALT DISNEY CO/ | ||
Ticker: DIS Fiscal Year: 2010 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Oct 2, 2010 10-K (Filed: Nov 24, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Oct 2, 2010 | Oct 3, 2009 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $ 2,722 | 3,417 |
| Receivables | 5,784 | 4,854 |
| Inventories | 1,442 | 1,271 |
| Television costs | 678 | 631 |
| Deferred income taxes | 1,018 | 1,140 |
| Other current assets | 581 | 576 |
| Total current assets | 12,225 | 11,889 |
| Film and television costs | 4,773 | 5,125 |
| Investments | 2,513 | 2,554 |
| Parks, resorts and other property, at cost | ||
| Attractions, buildings and equipment | 32,875 | 32,475 |
| Accumulated depreciation | (18,373) | (17,395) |
| Parks, resorts and other property, at cost before projects in progress and land, Total | 14,502 | 15,080 |
| Projects in progress | 2,180 | 1,350 |
| Land | 1,124 | 1,167 |
| Fixed assets | 17,806 | 17,597 |
| Intangible assets, net | 5,081 | 2,247 |
| Goodwill | 24,100 | 21,683 |
| Other assets | 2,708 | 2,022 |
| Total assets | 69,206 [1] | 63,117 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable and other accrued liabilities | 6,109 | 5,616 |
| Current portion of borrowings | 2,350 | 1,206 |
| Unearned royalties and other advances | 2,541 | 2,112 |
| Total current liabilities | 11,000 | 8,934 |
| Borrowings | 10,130 | 11,495 |
| Deferred income taxes | 2,630 | 1,819 |
| Other long-term liabilities | 6,104 | 5,444 |
| Commitments and contingencies (Note 15) | ||
| Equity | ||
| Preferred stock, $.01 par value Authorized - 100 million shares, Issued - none | ||
| Common stock, $.01 par value Authorized - 4.6 billion shares at October 2, 2010 and 3.6 billion shares at October 3, 2009 Issued - 2.7 billion shares at October 2, 2010 and 2.6 billion shares at October 3, 2009 | 28,736 | 27,038 |
| Retained earnings | 34,327 | 31,033 |
| Accumulated other comprehensive loss | (1,881) [2] | (1,644) |
| Stockholders Equity Subtotal Before Treasury Stock, Total | 61,182 | 56,427 |
| Treasury stock, at cost, 803.1 million shares at October 2, 2010 and 781.7 million shares at October 3, 2009 | (23,663) | (22,693) |
| Total Disney Shareholder's equity | 37,519 | 33,734 |
| Noncontrolling interests | 1,823 | 1,691 |
| Total Equity | 39,342 | 35,425 |
| Total liabilities and equity | 69,206 | 63,117 |
| [1] Identifiable assets include amounts associated with equity method investments. Equity method investments by segment are as follows: 2010 2009 Media Networks $ 2,103 $ 2,166 Studio Entertainment 2 2 Interactive Media 10 - Corporate 8 5 $ 2,123 $ 2,173 | Goodwill and intangible assets by segment are as follows: 2010 2009 Media Networks $ 17,442 $ 17,438 Parks and Resorts 171 172 Studio Entertainment 6,416 5,032 Consumer Products 3,699 618 Interactive Media 1,323 650 Corporate 130 20 $ 29,181 $ 23,930 | ||
| [2] Accumulated other comprehensive income (loss) and components of other comprehensive income (loss) are recorded net of tax using a 37% estimated statutory tax rate. | ||
| External Links | |
| WALT DISNEY CO/ (DIS) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |