10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2017 | |||
Consolidated Income Statements | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Revenues | |||
| Investment banking | $ 6,003 | 4,933 | 5,594 |
| Trading | 11,116 | 10,209 | 10,114 |
| Investments | 820 | 160 | 541 |
| Commissions and fees | 4,061 | 4,109 | 4,554 |
| Asset management | 11,797 | 10,697 | 10,766 |
| Other | 848 | 825 | 493 |
| Total non-interest revenues | 34,645 | 30,933 | 32,062 |
| Interest income | 8,997 | 7,016 | 5,835 |
| Interest expense | 5,697 | 3,318 | 2,742 |
| Net interest | 3,300 | 3,698 | 3,093 |
| Net revenues | 37,945 | 34,631 | 35,155 |
| Non-interest expenses | |||
| Compensation and benefits | 17,166 | 15,878 | 16,016 |
| Occupancy and equipment | 1,329 | 1,308 | 1,382 |
| Brokerage, clearing and exchange fees | 2,093 | 1,920 | 1,892 |
| Information processing and communications | 1,791 | 1,787 | 1,767 |
| Marketing and business development | 609 | 587 | 681 |
| Professional services | 2,169 | 2,128 | 2,298 |
| Other | 2,385 | 2,175 | 2,624 |
| Total non-interest expenses | 27,542 | 25,783 | 26,660 |
| Income from continuing operations before income taxes | 10,403 | 8,848 | 8,495 |
| Provision for income taxes | 4,168 | 2,726 | 2,200 |
| Income from continuing operations | 6,235 | 6,122 | 6,295 |
| Income (loss) from discontinued operations, net of income taxes | (19) | 1 | (16) |
| Net income | 6,216 | 6,123 | 6,279 |
| Net income applicable to noncontrolling interests | 105 | 144 | 152 |
| Net income applicable to Morgan Stanley | 6,111 | 5,979 | 6,127 |
| Preferred stock dividends and other | 523 | 471 | 456 |
| Earnings applicable to Morgan Stanley common shareholders | 5,588 | 5,508 | 5,671 |
| Earnings per basic common share | |||
| Income from continuing operations | 3.15 | 2.98 | 2.98 |
| Income (loss) from discontinued operations | (0.01) | 0.00 | (0.01) |
| Earnings per basic common share | 3.14 | 2.98 | 2.97 |
| Earnings per diluted common share | |||
| Income from continuing operations | 3.08 | 2.92 | 2.91 |
| Income (loss) from discontinued operations | (0.01) | 0.00 | (0.01) |
| Earnings per diluted common share | 3.07 | 2.92 | 2.90 |
| Dividends declared per common share | 0.90 | 0.70 | 0.55 |
| Average common shares outstanding | |||
| Basic | 1,780 | 1,849 | 1,909 |
| Diluted | 1,821 | 1,887 | 1,953 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2017 | |||
Consolidated Comprehensive Income Statements | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net income | $ 6,216 | 6,123 | 6,279 |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | 251 | (11) | (304) |
| Change in net unrealized gains (losses) on available-for-sale securities | 41 | (269) | (246) |
| Pension, postretirement and other | (117) | (100) | 138 |
| Change in net debt valuation adjustment | (588) | (296) | 0 |
| Total other comprehensive income (loss) | (413) | (676) | (412) |
| Comprehensive income | 5,803 | 5,447 | 5,867 |
| Net income applicable to noncontrolling interests | 105 | 144 | 152 |
| Other comprehensive income (loss) applicable to noncontrolling interests | 4 | (1) | (4) |
| Comprehensive income applicable to Morgan Stanley | 5,694 | 5,304 | 5,719 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2017 | |||
Consolidated Cash Flow Statements | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flows from operating activities | |||
| Net income | $ 6,216 | 6,123 | 6,279 |
| Adjustments to reconcile net income to net cash provided by (used for) operating activities: | |||
| Deferred income taxes | 2,747 | 1,579 | 1,189 |
| (Income) loss from equity method investments | 34 | 79 | (114) |
| Stock-based compensation expense | 1,026 | 1,136 | 1,104 |
| Depreciation and amortization | 1,753 | 1,736 | 1,433 |
| Net gain on sale of available-for-sale securities | (35) | (112) | (84) |
| Impairment charges | 91 | 130 | 69 |
| Provision for credit losses on lending activities | 29 | 144 | 123 |
| Other operating adjustments | 63 | (199) | 322 |
| Changes in assets and liabilities: | |||
| Trading assets, net of Trading liabilities | (27,588) | (24,079) | 30,212 |
| Securities borrowed | 1,226 | 17,180 | (5,708) |
| Securities loaned | (2,252) | (3,514) | (5,861) |
| Customer and other receivables and other assets | (9,315) | (371) | (434) |
| Customer and other payables and other liabilities | 2,007 | 1,913 | 4,633 |
| Securities purchased under agreements to resell | 17,697 | (14,298) | (4,369) |
| Securities sold under agreements to repurchase | 1,796 | 17,936 | (33,257) |
| Net cash provided by (used for) operating activities | (4,505) | 5,383 | (4,463) |
| Cash flows from investing activities | |||
| Other assets-Premises, equipment and software, net | (1,629) | (1,276) | (1,373) |
| Business dispositions, net of cash disposed | 0 | 0 | 998 |
| Changes in loans, net | (12,125) | (9,604) | (15,816) |
| Investment securities: | |||
| Purchases | (23,962) | (50,911) | (47,291) |
| Proceeds from sales | 18,131 | 33,716 | 37,926 |
| Proceeds from paydowns and maturities | 7,445 | 8,367 | 5,663 |
| Other investing activities | (251) | 200 | (102) |
| Net cash provided by (used for) investing activities | (12,391) | (19,508) | (19,995) |
| Cash flows from financing activities | |||
| Noncontrolling interests | (83) | (96) | (96) |
| Other secured financings | (1,573) | 1,333 | (2,370) |
| Deposits | 3,573 | (171) | 22,490 |
| Proceeds from: | |||
| Derivatives financing activities | 73 | 0 | 512 |
| Issuance of preferred stock, net of issuance costs | 994 | 0 | 1,493 |
| Issuance of Borrowings | 55,416 | 43,626 | 34,182 |
| Payments for: | |||
| Borrowings | (35,825) | (31,596) | (27,377) |
| Derivatives financing activities | (73) | (120) | (452) |
| Repurchases of common stock and employee tax withholdings | (4,292) | (3,933) | (2,773) |
| Cash dividends | (2,085) | (1,746) | (1,455) |
| Other financing activities | 136 | 66 | 0 |
| Net cash provided by (used for) financing activities | 16,261 | 7,363 | 24,154 |
| Effect of exchange rate changes on cash and cash equivalents | 3,670 | (1,430) | (1,735) |
| Net increase (decrease) in cash and cash equivalents | 3,035 | (8,192) | (2,039) |
| Cash and cash equivalents, at beginning of period | 77,360 | 85,552 | |
| Cash and cash equivalents, at end of period | 80,395 | 77,360 | 85,552 |
| Cash and cash equivalents: | |||
| Cash and due from banks | 24,816 | 22,017 | 19,827 |
| Interest bearing deposits with banks | 21,348 | 21,364 | 34,256 |
| Restricted cash | 34,231 | 33,979 | 31,469 |
| Cash and cash equivalents, at end of period | 80,395 | 77,360 | 85,552 |
| Supplemental Disclosure of Cash Flow Information | |||
| Cash payments for interest | 5,377 | 2,834 | 2,672 |
| Cash payments for income taxes, net of refunds | 1,390 | 831 | 677 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MORGAN STANLEY | ||
Ticker: MS Fiscal Year: 2017 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Cash and due from banks | $ 24,816 | 22,017 |
| Interest bearing deposits with banks | 21,348 | 21,364 |
| Restricted cash | 34,231 | 33,979 |
| Trading assets at fair value ($169,735 and $152,548 were pledged to various parties) | 298,282 | 262,154 |
| Investment securities (includes $55,203 and $63,170 at fair value) | 78,802 | 80,092 |
| Securities purchased under agreements to resell (includes $0 and $302 at fair value) | 84,258 | 101,955 |
| Securities borrowed | 124,010 | 125,236 |
| Customer and other receivables | 56,187 | 46,460 |
| Held for investment (net of allowance of $224 and $274) | 92,953 | 81,704 |
| Held for sale | 11,173 | 12,544 |
| Goodwill | 6,597 | 6,577 |
| Intangible assets (net of accumulated amortization of $2,730 and $2,421) | 2,448 | 2,721 |
| Other assets | 16,628 | 18,146 |
| Total assets | 851,733 | 814,949 |
| Liabilities | ||
| Deposits (includes $204 and $63 at fair value) | 159,436 | 155,863 |
| Trading liabilities at fair value | 131,295 | 128,194 |
| Securities sold under agreements to repurchase (includes $800 and $729 at fair value) | 56,424 | 54,628 |
| Securities loaned | 13,592 | 15,844 |
| Other secured financings (includes $3,863 and $5,041 at fair value) | 11,271 | 11,118 |
| Customer and other payables | 191,510 | 190,513 |
| Other liabilities and accrued expenses | 17,157 | 15,896 |
| Borrowings (includes $46,912 and $39,142 at fair value) | 192,582 | 165,716 |
| Total liabilities | 773,267 | 737,772 |
| Commitments and contingent liabilities | ||
| Equity | ||
| Preferred stock | 8,520 | 7,520 |
| Common stock, $0.01 par value: Shares authorized: 3,500,000,000; Shares issued: 2,038,893,979; Shares outstanding: 1,788,086,805 and 1,852,481,601 | 20 | 20 |
| Additional paid-in capital | 23,545 | 23,271 |
| Retained earnings | 57,577 | 53,679 |
| Employee stock trusts | 2,907 | 2,851 |
| Accumulated other comprehensive income (loss) | (3,060) | (2,643) |
| Common stock held in treasury at cost, $0.01 par value (250,807,174 and 186,412,378 shares) | (9,211) | (5,797) |
| Common stock issued to employee stock trusts | (2,907) | (2,851) |
| Total Morgan Stanley shareholders' equity | 77,391 | 76,050 |
| Noncontrolling interests | 1,075 | 1,127 |
| Total equity | 78,466 | 77,177 |
| Total liabilities and equity | 851,733 | 814,949 |
| External Links | |
| MORGAN STANLEY (MS) Fiscal Year 2017 | |
| 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 |