10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Sept 29, 2018 10-K (Filed: Nov 21, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 29, 2018 | Sept 30, 2017 | Oct 1, 2016 | |
| Services Revenue | $ 50,869 | 46,843 | 47,130 |
| Products Revenue | 8,565 | 8,294 | 8,502 |
| Total revenues | 59,434 | 55,137 | 55,632 |
| Cost of services (exclusive of depreciation and amortization) | (27,528) | (25,320) | (24,653) |
| Cost of products (exclusive of depreciation and amortization) | (5,198) | (4,986) | (5,340) |
| Selling, general, administrative and other | (8,860) | (8,176) | (8,754) |
| Depreciation and amortization | (3,011) | (2,782) | (2,527) |
| Total costs and expenses | (44,597) | (41,264) | (41,274) |
| Restructuring and impairment charges | (33) | (98) | (156) |
| Other income, net | 601 | 78 | 0 |
| Interest expense, net | (574) | (385) | (260) |
| Equity in the income (loss) of investees, net | (102) | 320 | 926 |
| Income before income taxes | 14,729 | 13,788 | 14,868 |
| Income taxes | (1,663) | (4,422) | (5,078) |
| Net income | 13,066 | 9,366 | 9,790 |
| Less: Net income attributable to noncontrolling interests | (468) | (386) | (399) |
| Net income attributable to The Walt Disney Company (Disney) | 12,598 | 8,980 | 9,391 |
| Earnings per share attributable to Disney: | |||
| Earnings Per Share, Diluted (usd per share) | 8.36 | 5.69 | 5.73 |
| Earnings Per Share, Basic (usd per share) | 8.40 | 5.73 | 5.76 |
| Weighted average number of common and common equivalent shares outstanding: | |||
| Diluted (shares) | 1,507 | 1,578 | 1,639 |
| Basic (shares) | 1,499 | 1,568 | 1,629 |
| Dividends Declared Per Share (usd per share) | 1.68 | 1.56 | 1.42 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Sept 29, 2018 10-K (Filed: Nov 21, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 29, 2018 | Sept 30, 2017 | Oct 1, 2016 | |
| Net Income | $ 13,066 | 9,366 | 9,790 |
| Other comprehensive income/(loss), net of tax: | |||
| Market value adjustments for investments | 7 | (18) | 13 |
| Market value adjustments for hedges | 207 | (37) | (359) |
| Pension and postretirement medical plan adjustments | 434 | 584 | (1,154) |
| Foreign currency translation and other | (289) | (103) | (156) |
| Other comprehensive income/(loss) | 359 | 426 | (1,656) |
| Comprehensive income | 13,425 | 9,792 | 8,134 |
| Less: Net income attributable to noncontrolling interests, including redeemable noncontrolling interests | (468) | (386) | (399) |
| Other comprehensive loss attributable to noncontrolling interests | 72 | 25 | 98 |
| Comprehensive income attributable to Disney | 13,029 | 9,431 | 7,833 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
WALT DISNEY CO/ | |||
Ticker: DIS Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Sept 29, 2018 10-K (Filed: Nov 21, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 29, 2018 | Sept 30, 2017 | Oct 1, 2016 | |
| OPERATING ACTIVITIES | |||
| Net Income | $ 13,066 | 9,366 | 9,790 |
| Depreciation and amortization | 3,011 | 2,782 | 2,527 |
| Gain on acquisitions and dispositions | (560) | (289) | (26) |
| Deferred income taxes | (1,573) | 334 | 1,214 |
| Equity in the (income) loss of investees | 102 | (320) | (926) |
| Cash distributions received from equity investees | 775 | 788 | 799 |
| Net change in film and television costs and advances | (523) | (1,075) | (101) |
| Equity-based compensation | 393 | 364 | 393 |
| Other | 441 | 503 | 674 |
| Changes in operating assets and liabilities: | |||
| Receivables | (720) | 107 | (393) |
| Inventories | (17) | (5) | 186 |
| Other assets | (927) | (52) | (443) |
| Accounts payable and other accrued liabilities | 235 | (368) | 40 |
| Income taxes | 592 | 208 | (598) |
| Cash provided by operations | 14,295 | 12,343 | 13,136 |
| INVESTING ACTIVITIES | |||
| Investments in parks, resorts and other property | (4,465) | (3,623) | (4,773) |
| Acquisitions | (1,581) | (417) | (850) |
| Other | 710 | (71) | (135) |
| Cash used in investing activities | (5,336) | (4,111) | (5,758) |
| FINANCING ACTIVITIES | |||
| Commercial paper borrowings/(payments), net | (1,768) | 1,247 | (920) |
| Borrowings | 1,056 | 4,820 | 6,065 |
| Reduction of borrowings | (1,871) | (2,364) | (2,205) |
| Dividends | (2,515) | (2,445) | (2,313) |
| Repurchases of common stock | (3,577) | (9,368) | (7,499) |
| Proceeds from exercise of stock options | 210 | 276 | 259 |
| Contributions from noncontrolling interests | 399 | 17 | 0 |
| Other | (777) | (1,142) | (607) |
| Cash used in financing activities | (8,843) | (8,959) | (7,220) |
| Impact of exchange rates on cash, cash equivalents and restricted cash | (25) | 31 | (123) |
| Change in Cash, Cash Equivalents and Restricted Cash | 91 | (696) | 35 |
| Cash and Cash Equivalents and Restricted Cash, Beginning of Year | 4,064 | 4,760 | |
| Cash, Cash Equivalents and Restricted Cash, End of Year | 4,155 | 4,064 | 4,760 |
| Supplemental disclosure of cash flow information: | |||
| Interest paid | 631 | 466 | 395 |
| Income taxes paid | 2,503 | 3,801 | 4,133 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WALT DISNEY CO/ | ||
Ticker: DIS Fiscal Year: 2018 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Sept 29, 2018 10-K (Filed: Nov 21, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 29, 2018 | Sept 30, 2017 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $ 4,150 | 4,017 |
| Receivables | 9,334 | 8,633 |
| Inventories | 1,392 | 1,373 |
| Television costs and advances | 1,314 | 1,278 |
| Other current assets | 635 | 588 |
| Total current assets | 16,825 | 15,889 |
| Film and television costs | 7,888 | 7,481 |
| Investments | 2,899 | 3,202 |
| Attractions, buildings and equipment | 55,238 | 54,043 |
| Accumulated depreciation | (30,764) | (29,037) |
| Parks, resorts and other property, before projects in progress and land, Total | 24,474 | 25,006 |
| Projects in progress | 3,942 | 2,145 |
| Land | 1,124 | 1,255 |
| Parks, resorts and other property | 29,540 | 28,406 |
| Intangible assets, net | 6,812 | 6,995 |
| Goodwill | 31,269 | 31,426 |
| Other assets | 3,365 | 2,390 |
| Total assets | 98,598 | 95,789 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable and other accrued liabilities | 9,479 | 8,855 |
| Current portion of borrowings | 3,790 | 6,172 |
| Deferred revenue and other | 4,591 | 4,568 |
| Total current liabilities | 17,860 | 19,595 |
| Borrowings | 17,084 | 19,119 |
| Deferred income taxes | 3,109 | 4,480 |
| Other long-term liabilities | 6,590 | 6,443 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interest | 1,123 | 1,148 |
| Equity | ||
| Preferred stock | 0 | 0 |
| Common stock, $.01 par value, Authorized 4.6 billion shares, Issued 2.9 billion shares | 36,779 | 36,248 |
| Retained earnings | 82,679 | 72,606 |
| Accumulated other comprehensive loss | (3,097) | (3,528) |
| Stockholders' Equity subtotal before Treasury Stock, Total | 116,361 | 105,326 |
| Treasury stock, at cost, 1.4 billion shares | (67,588) | (64,011) |
| Total Disney Shareholders equity | 48,773 | 41,315 |
| Noncontrolling interests | 4,059 | 3,689 |
| Total equity | 52,832 | 45,004 |
| Total liabilities and equity | 98,598 | 95,789 |
| External Links | |
| WALT DISNEY CO/ (DIS) Fiscal Year 2018 | |
| 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 |